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PASSENGER RAIL AGENCY OF SOUTH AFRICA (PRASA) - GENERAL MANAGER: FINANCIAL MANAGEMENT & REPORTING
PASSENGER RAIL AGENCY OF SOUTH AFRICA (PRASA)
EXTERNAL ADVERT
GENERAL MANAGER: FINANCIAL MANAGEMENT & REPORTING
(12 months contract)
SALARY GROUP: General Management
LOCATION: Corporate Office (Umjantshi House)
DEPARTMENT: Finance
POST NUMBER: TBA
REFERENCE: R&S/GMFR/GMF/342
DEPARTMENTAL MISSION: To direct and manage financial reporting services for PRASA Group.
OUTPUTS:
Group Financial Reporting
• Compile month-end financial reports for the Board and its sub-committees and Executive Committee (EXCO).
• Compile quarterly financial and management reports for the Department of Transport, National Treasury and Executive Committee (EXCO).
• Responsible for compiling the Group Annual Financial statements for reporting to the shareholder and other key stakeholders.
• Manage and ensure accuracy and integrity of financial information.
• Preparing the Group consolidated budget for approval by the Board and submission to the Department of Transport and National Treasury.
• Drive finance initiatives towards the achievement of an unqualified audit report.
• Serve on the Finance Committee.
Promote the effective implementation of financial policies and processes
• Oversee, manage, and monitor the status of financial processes across the Group to ensure implementation of processes in compliance with policies and procedures.
• Provide guidance, training, and assistance to the Group in respect of implementation of processes, policies, and procedures.
• Identify and assess non-compliance and provide guidance, pursue corrective action, and follow up to ensure that corrective action has been taken.
• Provide advice, guidance, and consultative expertise on financial reporting matters.
• Implement audit recommendations to minimise financial and business risks.
• Manage the finance risk register.
Legislation, Financial Policies and Finance Strategy
• Provide input during the formulation of the finance strategy aligned to the company business plan.
• Develop and design financial policies and internal controls for the Group.
• Ensure compliance to all relevant financial legislation, policies, and procedures e.g., GRAP, PFMA, Treasury regulations and internal policies and procedures.
Support Internal and External Audits
• Liaise and assist with internal and external audits.
• Ensure that documentation is prepared timeously and in compliance with statutory regulations.
• Ensure compliance to all relevant deadlines for auditing purposes as set out by relevant legislation.
• Manage the audit process on behalf of the Group.
Manage Staff
• Determine the human resource requirements, permanent and contractors, in accordance with the expected deliverables.
• Secure the human resource requirements to ensure that deliverables will be met in accordance with the expected targets.
• Conduct the performance planning sessions.
• Compile the performance management documentation on collaboration with the staff member in terms of:
• Continuously provide feedback and coaching to ensure that the staff member/s performs at an optimal productivity level.
• Conduct performance reviews in accordance with policies and procedures and take corrective actions where necessary.
• Complete human resources management actions within the allocated time frames.
KNOWLEDGE:
• GRAP
• PFMA
• National Treasury Regulations
• IFRS
SKILLS:
• Analytical
• Decision Making
• Business Objectives
• Change Management
• Reporting
• Communication
• Coaching and Mentoring
ATTITUDES:
• Accuracy
• Detailed Focus
• Pro active
• Ethical
• Independent
CAPABILITIES:
Minimum requirements:
• Chartered Accountant
• SAICA registration
Other Special Requirements
• Available 24/7
• Willing to travel
Experience:
• 12 years experience in financial management, accounting and reporting as a qualified Chartered Accountant
• 6 years middle management experience.
OUTPUTS:
Group Financial Reporting
• Compile month-end financial reports for the Board and its sub-committees and Executive Committee (EXCO).
• Compile quarterly financial and management reports for the Department of Transport, National Treasury and Executive Committee (EXCO).
• Responsible for compiling the Group Annual Financial statements for reporting to the shareholder and other key stakeholders.
• Manage and ensure accuracy and integrity of financial information.
• Preparing the Group consolidated budget for approval by the Board and submission to the Department of Transport and National Treasury.
• Drive finance initiatives towards the achievement of an unqualified audit report.
• Serve on the Finance Committee.
Promote the effective implementation of financial policies and processes
• Oversee, manage, and monitor the status of financial processes across the Group to ensure implementation of processes in compliance with policies and procedures.
• Provide guidance, training, and assistance to the Group in respect of implementation of processes, policies, and procedures.
• Identify and assess non-compliance and provide guidance, pursue corrective action, and follow up to ensure that corrective action has been taken.
• Provide advice, guidance, and consultative expertise on financial reporting matters.
• Implement audit recommendations to minimise financial and business risks.
• Manage the finance risk register.
Legislation, Financial Policies and Finance Strategy
• Provide input during the formulation of the finance strategy aligned to the company business plan.
• Develop and design financial policies and internal controls for the Group.
• Ensure compliance to all relevant financial legislation, policies, and procedures e.g., GRAP, PFMA, Treasury regulations and internal policies and procedures.
Support Internal and External Audits
• Liaise and assist with internal and external audits.
• Ensure that documentation is prepared timeously and in compliance with statutory regulations.
• Ensure compliance to all relevant deadlines for auditing purposes as set out by relevant legislation.
• Manage the audit process on behalf of the Group.
Manage Staff
• Determine the human resource requirements, permanent and contractors, in accordance with the expected deliverables.
• Secure the human resource requirements to ensure that deliverables will be met in accordance with the expected targets.
• Conduct the performance planning sessions.
• Compile the performance management documentation on collaboration with the staff member in terms of:
- Key Performance Areas
- Personal Development Plan
• Continuously provide feedback and coaching to ensure that the staff member/s performs at an optimal productivity level.
• Conduct performance reviews in accordance with policies and procedures and take corrective actions where necessary.
• Complete human resources management actions within the allocated time frames.
KNOWLEDGE:
• GRAP
• PFMA
• National Treasury Regulations
• IFRS
SKILLS:
• Analytical
• Decision Making
• Business Objectives
• Change Management
• Reporting
• Communication
• Coaching and Mentoring
ATTITUDES:
• Accuracy
• Detailed Focus
• Pro active
• Ethical
• Independent
CAPABILITIES:
Minimum requirements:
• Chartered Accountant
• SAICA registration
Other Special Requirements
• Available 24/7
• Willing to travel
Experience:
• 12 years experience in financial management, accounting and reporting as a qualified Chartered Accountant
• 6 years middle management experience.
Please apply by completing an internal application form (internal applicants) and submitting this together with your complete CV to: Manager: Recruitment & Selection: Umjantshi House, 30 Wolmarans Street, Braamfontein for the attention of Lungile Gabela: or e-mail Lungile.Gabela@prasa.com
CLOSING DATE: 02 June 2023
Should you not hear from us within three (3) weeks from the closing date, please consider your application unsuccessful.
By responding to this vacancy advert irrespective as to how such information is submitted, you consent to the collection, collation, processing and storing for such information and the use and disclosure of such information in accordance with the PRASA data privacy protection policy.
PRASA shall take all reasonable measures to protect the personal information of candidates/applicants and for the purpose of this disclaimer “personal information” shall be defined as detailed in the Promotion of Access to Information Act, Act 2 of 2000 (“PAIA”) and the Protection of Personal Information Act, Act 4 of 2013 (“POPI”)
A copy of PRASA’s Privacy notice is available on the website or on request.
MALE: African, Indian, Coloured, White
FEMALE: African, Indian, Coloured, White