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ROADS AGENCY LIMPOPO
 
The Roads Agency Limpopo SOC Limited was established under the Northern Province Roads Agency and Proprietary Act of 1998 (NPRA Act). RAL is mandated for the planning, design, construction and maintenance of the Limpopo Provincial Network. The Head Office of RAL is in Polokwane.
 
The Roads Agency Limpopo invites applications from suitable, innovative and credible candidates for the filling of the following vacancy:
 
Chief Financial Officer
(5-year performance-based fixed-term contract)
Market-related cost to company negotiable salary
 
 
Reporting to the CEO, the incumbent will be responsible for all financial aspects of RAL's operations, supply chain management, expenditure including oversight in the preparation of financial reporting, budget and forecasting and implementation of internal controls. The incumbent will sign a 5-year employment contract and performance contract with the CEO.
 
Requirements:  Minimumrequirements: • Appropriate postgraduate degree in Commerce, Financial Management, qualification as a Chartered Accountant CA(SA) • At least 10 years' solid working experience of which 5 years must have been at senior management level in a financial environment, in the Public Sector • Thorough knowledge and understanding of the Public Management Financial Act, Treasury Regulations, IFRS, audit standards and Preferential Procurement Policy • Knowledge of GAAP, GRAP, IFRS, Taxation, Risk Management and ICT Management •Knowledge of King III on Corporate Governance • Strategic planning skills and budget preparation and expenditure monitoring • Understanding of Government strategic objectives with respect to infrastructure • Knowledge and experience of financial accounting systems • Ability to see anomalies and interpret complex financial issues • Solid experience in MS Office suite, report writing and policy development.
 
 
Key performance areas:Key responsibilities include, but are not limited to: • Being responsible for all financial aspects of RAL's operations, including oversight in the preparation of financial reporting, budgeting and forecasting • Managing the functions of Supply Chain Management to control the procurement of goods and services • Overseeing the audit processes and examining audit opinions and implementing corrective measures to address deviations and non-compliance • Managing the assets and liabilities of RAL and implementing internal controls to safeguard assets • Playing an oversight role in the selection and implementation of financial and non-financial business systems financial objectives of RAL by directing the organisation's financial planning and accounting practices, as well as its relationships with Department of Roads and Transport • Formulating and recommending financial policies and programmes and participating in the implementation and maintenance of infrastructure, policies and procedures relating to financial legislation and standards • Implementing procedures and systems relating to financing, procurement, public reporting and audit and taxation, management accounts and insurance cover • Monitoring actual performance against budget and reports on variances of actual against budgets forecasts • Monitoring financial procedures and practices to ensure standardisation and consistency in application and evaluate financial risks • Compiling business plans for the finance department and assisting in the preparation of divisional annual budgets and reports • Ensuring that the project finance and corporate finance is managed and coordinated within financial and legislative parameters.
 
Procedure of applications:A detailed CV accompanied by a covering letter, recent original certified copies (not more than 3 months old) of educational qualifications, professional membership and ID and must be forwarded by post to: The Human Resource Manager, Roads Agency Limpopo, Private Bag x9554, Polokwane 0699 or hand deliver during office hours 08h00-16h30. Office No 2-35 (Registry), Roads Agency Limpopo, 26 Rabe Street.
 
 
 
TAKE NOTE OF THE FOLLOWING:• Shortlisted candidates will be subjected to verification of qualifications and employment and security clearance • Applicants with foreign qualifications remain responsible for ensuring that their qualifications are evaluated by the South African Qualification Authority (SAQA) and therefore must attach certified copies of certificates of evaluation by SAQA • Applicants are informed that applications, qualifications and CV will not be returned • Applicants must also note that if no notification of appointment is received within 60 days of the closing date, they must accept that their applications have been unsuccessful and are hereby thanked for applying • Correspondence will be limited to shortlisted candidates only • No faxed or emailed applications will be accepted. The Agency reserves the right to withdraw and/or not fill a post • Due to the large number of applications we envisage receiving, applications will not be acknowledged. You may however contact the Agency to check your application.
 
Enquiries should be directed:Sonti Pudikabekwa / Doris Moloto 015-2844605/4613.
 
Closing date 30 November 2018.