Deputy Director – Financial Accounting and Administration (GLB)
Reference Number: REFS/022046
Directorate: Financial Management
Number of Positions: 1
Compensation: R 849,702.00 per annum (inclusive of all benefits)
Inquiries: Siphiwe Nhlapho / Lebohang Molefe / Lwandile Phaledi – 011 355 8540 / 8060 / 8526
Qualifications:
A National Diploma or Degree in Financial Management (NQF level 6 / 7 as recognized by SAQA) is required, along with 3 to 5 years of relevant experience in a similar environment. Candidates should also possess 3 to 5 years of experience in a junior management role (at the Assistant Director level) within the finance sector.
Responsibilities:
Follow up on outstanding invoices, credit notes, and related matters with the appropriate officials, ensuring that verbal communications are confirmed via email. Verify that all contractual payments are supported by valid contracts prior to processing. Authorize Goods Received Vouchers (GRVs) for payment entry. Maintain accountability for all invoices that have been scanned and processed by the payment unit. Reconcile payment proposals with disbursement reports following each payment cycle and address any payments that were not executed.
Ensure timely re-issuance of payments rejected by the bank due to closed accounts. Distribute proof of payments to all suppliers following each payment cycle. Investigate non-payment issues within 10 days and compile a monthly report. Identify and report any fruitless, wasteful, or irregular expenditures. Ensure that all payments are processed and approved in accordance with established delegations. Approve miscellaneous payments in line with these delegations. Ensure that all payments are accompanied by the necessary supporting documentation. Safeguard payment batches and ensure that information is readily available upon request from various stakeholders. Ensure that payment documents are scanned for secure storage. Process payments within 15 days to meet provincial targets (GPG).
Land Your Dream Job: Deputy Director – Financial Accounting & Administration (GLB) Opportunity
Are you a financial whiz looking to climb the ladder? Do you dream of leading financial operations and shaping economic growth? The Department of Economic Development is seeking a Deputy Director for Financial Accounting & Administration! Landing this leadership role takes more than just a resume. It needs a plan. Let’s get you started.
Decoding the Deputy Director Role: Financial Accounting & Administration
What does a Deputy Director in Financial Accounting & Administration actually do? You’ll be a key player. You’ll make sure the department’s finances are in top shape. This role directly impacts the department’s success. It ensures resources are managed well.
Core Responsibilities
As Deputy Director, many duties will fall under your purview. You will oversee financial reporting. Budget management will become second nature. You’ll also ensure compliance with all relevant regulations. This keeps everything running smoothly and legally.
Required Skills
To excel, you’ll need a diverse skill set. Financial analysis is a must. Strong leadership skills are crucial. You’ll also need strategic planning abilities. Clear communication will be essential. Problem-solving will be a daily activity.
Day-to-Day Activities
Your days will be varied and engaging. Expect to attend meetings. Analyze financial reports with regularity. You’ll manage a team. You’ll also make key financial decisions. No two days will be the same.
Must-Have Qualifications: National Diploma/Degree in Financial Management
The job posting emphasizes a National Diploma/Degree in Financial Management (NQF level 6/7). Why is this so important? This education provides the backbone for success in this role. It gives you the needed skills to succeed.
Understanding NQF Level 6/7
NQF stands for National Qualifications Framework. Level 6 is like an associate’s degree or advanced diploma. Level 7 is similar to a bachelor’s degree. These levels demonstrate a certain depth of knowledge. They prove you have the skills the job requires.
Equivalent Qualifications
Do you have something similar? Perhaps a related certification or experience. These might be considered. Highlight these clearly in your application. It’s always worth asking!
Why This Qualification Matters
This qualification gives you a solid understanding of financial principles. You’ll learn about accounting. You’ll gain budgeting skills. You’ll also understand financial reporting, all crucial for this Deputy Director role.
Crafting a Winning Application: Tips for Success
Ready to apply? Don’t just send in your resume. Take time to tailor your application. Show the hiring team why you’re the perfect fit. Make them want you!
Resume Optimization
Make sure your resume highlights relevant experience. Emphasize achievements, not just responsibilities. Use keywords from the job description. Quantify your accomplishments whenever possible.
Cover Letter Strategies
Your cover letter is your chance to shine. Show your personality. Explain why you want this specific job. Connect your skills to the department’s needs. Make it memorable.
Addressing Key Selection Criteria
The job description lists key selection criteria. Address each one directly in your application. Provide specific examples. Show, don’t just tell, that you meet the requirements.
Acing the Interview: Showcasing Your Expertise
You got an interview – congrats! Now it’s time to impress. Practice answering common interview questions. Prepare to demonstrate your expertise.
Common Interview Questions
Expect questions about financial management. You may also be asked about leadership. Problem-solving scenarios could come up. Be ready!
STAR Method for Answering Questions
Use the STAR method to structure your answers. STAR stands for Situation, Task, Action, Result. Describe the situation. Explain the task. Detail your actions. Share the result.
Demonstrating Leadership Potential
Share examples of times you’ve led a team. Describe how you motivated others. Highlight your ability to make tough decisions. Show them you’re a leader.
Beyond the Job: Long-Term Career Growth in Economic Development
This Deputy Director role is more than just a job. It’s a stepping stone. The Department of Economic Development offers chances for growth.
Opportunities for Advancement
With hard work, you can move up. You might become a Director. You could lead larger initiatives. The possibilities are endless.
Developing Leadership Skills
Continue to develop your skills. Attend workshops. Take on new challenges. Stay up-to-date on industry trends. It is a continuous process.
Link to Application
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Contributing to Economic Growth
As Deputy Director, you will impact economic growth. You’ll ensure resources are used wisely. You will support initiatives that create jobs.
Conclusion
The Deputy Director – Financial Accounting & Administration position offers a fantastic opportunity. If you have the right qualifications and drive, don’t hesitate. Polish your resume, write a compelling cover letter, and prepare to ace that interview. Apply now!
