National Development Agency (NDA) - Chief Financial Officer (CFO)

 
Essential Experience
 At least 8 (eight) years of experience in a senior management position in finance or accounting
 Experience in strategic planning and execution
 Extensive experience in Financial modelling; budgets, cash flow management, capital expenditure, debtors/creditors, inventory, etc., as well as experience with financial reporting
 Extensive experience in asset management
 Experience in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures
 Statutory Reporting
 Public sector experience
 
Knowledge 
 Knowledge of leadership and management principles
 Knowledge of Socio, Political and Economic issues facing South Africa
 Knowledge of applicable legislation in particular the NDA ACT, PFMA, GAAP, GRAP, IFRS and National Treasury Regulations
 Knowledge of contracting, negotiating, and change management
 Knowledge of automated financial and accounting reporting systems
 
Skills & Abilities 
 Ability to analyse financial data and prepare financial reports, statements, and projections
 Visionary Leadership
 Strategic Leadership
 External Awareness
 Political Savvy
 Leveraging Diversity
 Negotiation
 Service Motivation
 Creativity & Innovation
 Ability to work as a team member
 Strong analytical skills and ability to interpret and advise on the application of legislation
 High levels of discretion and sensitivity
 Ability to interpret international and local conditions and trends
 Excellent communication skills – all aspects
 Ability to work under pressure
 Ability to drive and motivate change
 Ability to provide sound advice at all levels
 

 
MAIN AREAS OF RESPONSIBILITY
 
Leadership
 Participate with the EXCO team in developing a vision and strategic plan to guide the organisation
 Identify, assess, and inform the EXCO team of internal and external Financial and
Procurement issues that affect the organisation
 Foster effective teamwork amongst the staff within the Directorate
 
Operational Planning and Management
 Develop the Directorate’s operational plans which incorporate goals and objectives that work towards the strategic direction of the organisation.
 Draft and ensure implementation of financial policies and procedures; review existing policies on an annual basis and recommend changes as appropriate.
 Identify areas for continuous process improvement.
 Ensure that the operation of the Directorate meets the expectations of its clients, both internal and external.
 Communicate with other Directorate executives as appropriate.
 Oversee the efficient and effective day-to-day operation of the Directorate including the following:
 Create, co-ordinate, and evaluate the financial programmes and supporting information systems of the company to include budgeting, and conservation of assets
 Approve and co-ordinate changes and improvements in automated financial and management information systems for the NDA
 Ensure compliance with budgetary reporting requirements
 Oversee the approval and processing of revenue, expenditure, and position control documents, Directorate budgets, salary updates, ledger, and account maintenance and data entry
 Co-ordinate the preparation of financial statements, financial reports, special analyses, and information reports
 Develop and implement finance, and accounting procedures
 Establish and maintain appropriate internal control safeguards
 Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations
 Ensure records and systems are maintained in accordance with generally accepted auditing standards
 Develop and direct the implementation of Directorate strategic business and/or operational plans, projects, programmes, and systems
 Analyse cash flow, cost controls, and expenses to guide business leaders; analyse financial statements to pinpoint potential weak areas
 Oversee financial management to include developing financial and budget policies and procedures
 Direct financial management to include developing financial and budget policies and procedures
 Ensure compliance with PFMA, King Report, and the NDA Act
 Compilation of various reports to legal structure such as the NDA Board, Parliamentary
Portfolio Committee at agreed intervals
 Implement productivity and efficiency model at NDA
 Develop and maintain operational quality excellence
 Develop and Implement productivity enhancement programme, as well as system optimisation processes and procedures for the NDA
 Develop and maintain internal service standards
 Constantly seek methods to improve productivity per employee and the organisation
 Establish and manage the financial model – establishing and managing costs as per funding ratio
 Develop, co-ordinate and manage Directorate budgets

 
Human Resources Planning and Management
 Determine staffing requirements for the Directorate
 Ensure the implementation of the NDA human resources policies, procedures and practices within the Directorate
 Establish a positive work environment within the Directorate
 Coach and mentor staff as appropriate to improve performance
 Discipline staff when necessary using appropriate techniques 

Financial Planning, Management and Reporting 
 Prepare a comprehensive budget for the NDA and the Directorate. 
 Administer the funds of the Directorate according to the approved budget and prepare and submit monthly management accounting reports: 
 Provide regular reports on the revenues and expenditure of the Directorate
 
Risk Management 
 Identify and evaluate the risks within the Directorate and as related to the organisation's financial status, and implement measures to control those risks.
 Report on the identified risks and risk management strategies.
 Resolve audit queries and complete risk management reports as appropriate for the NDA and the Directorate. 
 You will be required to undertake any reasonable duties as specified by Management.
 
 
KEY RELATIONSHIP INTERFACES
 
Internal Relationships - other than reporting lines (manager and subordinates). *
 Office of the CEO
 EXCO and other CEO’s Committees, in particular the Budget Committee
 Audit and Risk Committee (Board Committee)
 NDA Board
 Human Resource Unit (Payroll)
 Auxiliary Services Unit
 
External Relationships (With Local/Provincial structures and other key parties, specify)
 Ministry of Social Development
 National Treasury
 Financial institutions

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Application Details
• Full job profiles for these positions are available on the NDA website: www.nda.orgza
A detailed Curriculum Vitae (CV), with three references must accompany the application. The CV must also indicate the employment equity status of the applicant, i.e. race, gender and disability (if applicable)
• Correspondence will be limited to successful candidates only
 
How to Apply
Interested candidates should e-mail their detailed CVs to careers@nda.org.za
• Preference will be given to candidates whose appointment will promote NDA Employment Equity targets
• Use the job reference in the subject line (e.g. Ref. 2019/H0/CFO/01 for Chief Financial Officer)
• Please DO NOT send academic certificates, as these will be requested at a later stage during the selection process
• Failure to comply with the application instructions above will result in the disqualification of your application
 
For enquiries regarding these positions, please contact Mr M Mntuyedwa at (011) 018-5500 or Mr S Mlambo at (011) 018-5632.
 
Closing date: 16 July 2019
 
Should you not be contacted within 2 months of the closing date of this advert, please consider your application unsuccessful.
All candidates will be subjected to personnel suitability checks, qualification verification and competency assessment, where required.