UNIVERSAL SERVICE AND ACCESS AGENCY OF SOUTH AFRICA (USAASA) The Universal Service and Access Agency of South Africa (USAASA) is established in terms of the Electronic Communications Act 36 of 2005. USAASA is an equal employment employer, supportive of the objectives of the Employment Equity Act, and encourages suitably qualified individuals from all groups including special designated groups to apply for the following positions: Chief Financial Officer Salary: R1 251 183.00 xv R1 495 956 per annum (18 months Contract) Key Purpose: The main purpose of the CFO is to manage that the USAASA and USAF finances are budgeted, utilised and reported on according to policy, the PFMA and statutory requirements.
● Resolve challenges hindering or threatening the successful achievement of the strategy by monitoring organisational financial performance, identifying areas of risk and/or challenges being faced and addressing these within agreed challenge-resolution timelines ● Develop and implement the budget policy and process by incorporating and complying with required legislation and good practice guidelines on an annual basis ● Develop the annual USAASA and USAF budget through the Medium Term Expenditure Framework (MTEF) process in accordance with National Treasury guidelines by reviewing the collated departmental budgets, managing alignment of the budgets to the financial strategy and objectives of USAASA and the USAF and submitting to the CEO for approval by the annual deadlines ● Manage statutory compliance of USAASA and USAF by overseeing the submission of all statutory returns and reports by the required deadlines (Monthly, Bi – Monthly, Bi – Annually and Annually) ● Process payments by reviewing capturing payment batches and releasing payment as second authorisation on a weekly basis ● Manage the cash flow by reviewing cash forecasts (assets, liabilities and commitments) and implementing corrective action if required on a monthly basis ● Assess the operating and project financial results of USAASA and the USAF, identify potential additional funding sources and opportunities (e.g. Public Private Partnerships) by reviewing the project and organisational costs, budgets, operating policies and financial trends on a monthly basis ● Review and maintain effective financial processes and procedures by reviewing the internal operational business process, researching business good practice and implementing corrective action on a monthly basis
Business Strategy Leadership: ● Secure Board approval of the budget by incorporating any MTEF submission changes, communicating adjustments to USAASA departments, presenting the final budget to the Board on an annual basis ● Monitor and report on utilisation of the USAASA and USAF budgets through gathering required performance and expenditure reports and reporting to the CEO, Board and the Departments on a monthly basis ● Manage that the delegations of authority for budget spending are implemented according to the policy by communicating the policy to the organisation and monitoring progress through internal audits and risk management process on an annual basis. Financial Management: ● Identify and manage the implementation of up to date and compliant accounting standards within USAASA and USAF by researching and receiving updates of adjustments or changes to accounting standards from relevant accounting and auditing authorities as and when relevant ● Review and implement accounting policies in line with the financial strategy, MTEF and legislature guidelines by the agreed deadlines. External Audit: ● Complete the annual external audit process by preparing for the external audit, addressing any queries as rising out of the audit and engaging with the external auditors on an annual basis ● Address identified actions arising from the audit and build business compliance and resilience to facilitate an unqualified audit annually Supply Chain Management: ● Draft legal documents and contracts for relevant organisational transactions by participating in the USAASA and USAF contract negotiations, gathering all required information, drafting the document, checking for legal completeness and compliance and distributing for approval ● Recommendations on contract renewal/extension/termination by reviewing the contract, identifying required contract action, developing a contract plan and implementing by the agreed deadline ● Develop contract templates for standard transactions by identifying required standard templates, developing and distributing within agreed deadlines ● Report on contracts by gathering all required information, collating and reporting according to the agreed standards quarterly. Stakeholder Management and Reporting: ● Maintain relationships with key stakeholders (including but not limited to National Treasury, the Department of Communications, Telecommunications and Postal Services and Audit Committee) by submitting required and relevant reports and maintaining open channels of communication on an as when required basis ● Submit financial reports including but not limited to the financial management reports, budget variance reports and MTEF expenditure reports by collecting data and reports from the financial team, verifying compliance with National Treasury guidelines and USAASA and the USAF financial policies and strategy, collating and submitting final reports to required authorities on a monthly basis ● Submit SCM progress reports to the relevant authorities by reviewing and collating the SCM departmental reports on a quarterly basis ●Submit Board and Board Sub-Committee financial reports by reviewing and collating USAASA and USAF financial reports on a quarterly basis. Staff Management: ● To build capacity within the team through developing skills and competencies, addressing development needs and providing coaching and mentoring support on an ongoing basis and in monthly individual performance discussions ● Monitor, evaluate and manage the team performance through implementing the HR policy, implementing performance process and, when required, instituting compliant disciplinary action within the approved SLA and on an ongoing basis ● Recruit quality team members to support the team and organisation and the achievement of its objectives and strategy through defining the role requirements, identifying critical competencies, testing for these competencies and appointing within the HR and EE policy guidelines as and when required ● Build a cohesive, high performing team through motivating, guiding, coaching, mentoring and leading in a fair and consistent manner to deliver on the organisational performance and strategic requirements. Minimum Requirements: Qualifications/Knowledge (including most relevant field of study) ● Qualified and Accredited Chartered Accountant or equivalent is required (including most relevant field of study) ● Extensive PFMA knowledge required ● 8 - 10 years Financial Management experience required corporate legal experience ● 5-7 years’ management experience ● Public sector experience is preferred. Competencies: ● Financial Management ● Financial Accounting and Tax ● Financial Administration ● Financial Analysis ● Procurement ● Planning, Organising and Control. Closing Date: 9 May 2021 Note: Correspondence will be limited to short-listed candidates only. If you have not been contacted within three (3) months of the closing date of the advertisement, kindly regard your application as unsuccessful. Please send your application to recruitment@usaasa.org.za People living with disabilities are encourage to apply Enquiries: Sharonne Scheepers cell nr 083 408 3308
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