FINANCIAL ACCOUNTANT

Published on Feb 08, 2018

The Gautrain Management Agency (GMA) is a Provincial Public Entity established in terms of the Gautrain Management Agency Act, Act 5 of 2006 and is listed as a Public Entity in Schedule 3 of the Public Finance Management Act. The GMA is an equal Opportunity and Affirmative Action Employer and is committed to the achievement and maintenance of diversity and equality in employment, especially in respect of race, gender and disability and preference will be given as per the GMA Employment Equity Plan. Applicants with proven suitability, knowledge and experience as required in the posts advertised are invited to submit their applications to the GMA for the attention of the Human Resources. All Applications quoting the relevant position, accompanied by a comprehensive CV can be e-mailed to recruitFIN@gautrain.co.za. If you have not received any response from us 30 days after the closing date consider your application unsuccessful. 

CLOSING DATE: 23 February 2018 

Purpose: To coordinate, and execute the financial management and accounting and functions of the GMA.

Requirements: BCom Accounting Science or an appropriate Degree (3 years); 5 years’ relevant experience in public sector financial management Finance; Familiarity with GRAP and experience in its application. In addition to the 5 years financial management, have a strong background in audits of financial management systems and AFS; In –depth knowledge of Public Sector, practices, processes and systems; In-depth knowledge of PFMA, Treasury and Provincial Financial prescripts Pastel accounting experience, Microsoft Excel and Word experience, Ability to work with complex graphs; Good communication skills. Good technical knowledge required - an understanding of GRAP Standards are required

Key Responsibilities:

  • Execution of the financial management and accounting functions of the GMA
    • Prepare quarterly and annual financial statements on an accrual basis
    • Assist with other quarterly and year end reporting requirements including preparation of documentation to support the Management accounts and Annual Financial Statements
    • Complete Treasury annual financial statement template
    • Prepare monthly cashbooks, bank reconciliations
    • Updated Pastel with monthly financial transactions and year-end journals
    • Work closely with asset management to ensure asset journals are correctly processed on a monthly basis
    • Re-calculate monthly interest received from banks
    • Prepare monthly and quarterly budget vs. actual results reports with an accurate narrative on variances
    • Prepare a quarterly forecast report
    • Assist with External and Internal audit queries and provide the relevant required information in a timely manner
    • Assist with annual review and update of Finance policies and delegation of authority
    • Assist monitoring of Audit risk matrix Review revenue & patronage report & perform monthly detailed calculations
    • Assist with concession agreement interpretations and calculations Review payroll calculations Maintain a relationship with the bank
    • Review payments in line with PFMA, Treasury regulations and GMA Finance/SCM Policy
    • Load payments onto the on-line banking profile or prepare foreign payments banking documentation
    • Assist with adhoc finance duties and projects

The GMA offers competitive market related salaries and the remuneration is on a Total Guaranteed Package.