TECHNICAL FINANCE SPECIALIST

POST 39/54 : TECHNICAL FINANCE SPECIALIST: JOBS FUND REF NO: G17/2023
24 Months Fixed Term Contract
SALARY : R1 162 200 per annum (Level 13), (all – inclusive package). PSR 44 will apply
to candidates appointed in the Salary Level
CENTRE : Pretoria

REQUIREMENTS

Bachelor’s degree (NQF Level 7) in Accounting/Finance/Auditing or a related field. A postgraduate qualification will be an added advantage. Minimum of 10 years’ experience in financial reporting, auditing, and financial analysis. Experience in appraising, negotiating and closing project finance and
Corporate Finance transactions. At least 5 years of middle management experience. Public sector and grant management experience will be an added advantage. The incumbent must have strong auditing and/or accounting background, credit and risk analysis skills. Must be able to comprehensively
analyse financial statements, and other financial reports. Must understand risk and internal controls. Must be able to independently conduct financial models, budget reviews and analysis. Thorough understanding of Generally Accepted Accounting Principles (GAAP). Knowledge of Statutory accounting principles
and of relevant legislative framework and accounting practice (PFMA, Treasury Regulations and GRAP). Competencies Required: Client Service Orientation – Client-service orientation implies helping or serving others, to meet their needs. It means focussing on discovering those needs, figuring out
how to best meet them as well as putting into practice the Batho Pele spirit. The term “clients” refers to both internal and external clients. Concern for Quality and Order – Desire to see things done logically, clearly and well. It takes various forms: monitoring and checking work and information, insisting
on the clarity of roles and duties, setting up and maintaining information system. Effective Communication – Ability to transmit and receive information clearly and communicate effectively to others by considering their points of view in order to respond appropriately. This may involve listening, interpreting, formulating and delivering: verbal, non-verbal, written, and/or electronic messages. It includes the ability to convey ideas and information in a way that brings understanding to the target audience. Emotional Intelligence – Capacity for recognising their own feelings and those of others, for motivating themselves and others as a result of this awareness, and for managing
emotions within themselves and in others. Resources Planning -Organizes work, sets priorities, and determines resource requirements; determines shortor long-term goals and strategies to achieve them; coordinates with other organisations or parts of the organisation to accomplish goals; monitors
progress and evaluates outcomes. Integrity/ Honesty – Contributes to maintaining the integrity of the organisation; displays high standards of ethical conduct and understands the impact of violating these standards on an organisation, self, and others; is trustworthy. Policy Development and
Management – Knowledge of GTAC-related legislation, the legislative process, and
public affairs as it pertains to GTAC, Includes the ability to monitor legislation that is
of interest to GTAC. Utilizes a wide variety of resources and tools to develop, maintain, monitor, enforce and provide oversight of policies and regulations. Administrative Operations – Knowledge, capabilities, and practices associated with the support of administrative and management activities to facilitate
organisational and mission goals and objectives. This competency requires
knowledge of the appropriate rules, regulations, processes, and associated systems within various enabling functions which may include human resources management, resource management, employee support services, documentation, procurement, and financial management. Data Analysis – Relevant experience and knowledge on how to collect reliable, valid and accurate data and perform objective
analysis. Development Financing – Knowledge of development financing approaches and methods including the financing of long-term projects and public services based upon a non-recourse or limited recourse financial structure, in which project debt and equity used to finance the project are paid
back from the cash flow generated by the project. Economic Development – Knowledge of South African economic development policies and programmes with a specific focus on approaches and methodologies to making markets work for the poor. Government Knowledge – Knowledge of the tiers and
sectors of government and inter-governmental relationships, and the economic and social development priorities and programmes of national, provincial and local governments. Grant Management – Grant Management. Legislative knowledge Knowledge of the regulatory environment and
processes regarding the implementation of policies, legislation and services delivery programmes, and knowledge of the PFMA and NT regulations pertaining to the Jobs Fund. Systems Thinking wide terms with regards to functions or divisions within the organisation. This includes spotting opportunities to connect with initiatives underway in other areas or proactively sharing information or resources that can be seen to have relevance and impact for others. Computer Literacy Knowledge and ability to
use computers and technology efficiently. Refers to the comfort level someone has with using computer programs and other applications associated with computers (Office, internet, email). Valuing Diversity Ability to understand and respect the practices, customs, values and norms of other individuals, groups and cultures. It goes beyond what is required by governmental employment equity regulations to include the ability to respect and value different points -of-view, and to be open to others of different backgrounds or perspectives. Vision and Purpose Modelling and promoting high personal and professional standards that support the organisation’s vision, mandate and values.

DUTIES

Financial Appraisals and Portfolio Reports : Analysis of Corporate Financials and other relevant reports. Appraising new investment proposals (due diligence) and opportunities. Commercial analysis, financial model analysis, risk and institutional analysis. Preparing appraisal reports for submission and present the reports for consideration and approval at various committees. Negotiation of financial aspects of approved projects. Preparing disbursement request reports for submission. Oversee disbursements to approved projects as well as monitor project progress post -investment. Prepare complex
financial reports as mandated by the immediate supervisor. Assist staff in compiling data and interpreting legislated financial reporting requirements and regulations. Review and verify financial information. Prepare various portfolio reports as required. Provide support to Fund specific business case
submissions to Public Finance. Cost Analysis : Determine appropriate levels of project costs by establishing standard costs benchmarked with market data. Assessment of project financial status by comparing and analysing actual results with plans and forecasts. Enhance the cost analysis process by
establishing and enforcing policies and procedures. Provision of trends and
forecasts at project and portfolio -level as required. Provide an explanation on
processes and techniques and recommend actions. Improve financial status by analysing results and monitoring variances. Identifying trends in financial performance and providing recommendations for improvement. Recommends actions by analysing and interpreting data and making comparative analyses.
Provide strategic inputs into the development of strategies to mitigate finance and performance risk in the project portfolio. Accounting and Compliance Analysing current and past financial data and performance at project and portfolio level as required. Review Jobs Fund policies for alignment with
Governance Frameworks and accounting standards. Identifying trends in financial performance and providing recommendations for improvement. Coordinate with other members of the finance team to review financial information and forecasts. Review financial models and budget projections at
project and portfolio level as required. Evaluate projects expenditures against Jobs Fund value -for -money frameworks. Auditing : Examines financial data
which include bulk payroll data for validity, accuracy, and completeness. Audits documents submitted for payment for compliance with Jobs Fund guidelines. Assists Jobs Fund staff in interpreting laws, rules, and regulations, and clarifying procedures. Prepares and maintains mandated documents as
required. Conduct verification checks on submitted financial information, including reviewing payment system exception reporting. Facilitate effective management of the project audit process including resolution of key audit findings at project and portfolio level. Stakeholder Management : Maintain
communication with Jobs Fund Partners and other key stakeholders regarding financial matters. Motivate and provide support to project teams to achieve their targets. Provide technical support to Jobs Fund staff and other stakeholders. Represent the Jobs Fund at various committees, events and
forums as assigned. Maintain relationships with all Contracted Intermediaries to ensure sound risk management at the project -level and overall portfolio level. Risk Management : Provide strategic inputs into the development of strategies to mitigate finance and performance risk in the project portfolio.
Support the development of appropriate strategies to reduce fund performance risk. Keep abreast with external events outside of the Fund and their impact on the Fund at project and portfolio level. Monitoring current projects including risk reporting status, progress updates, and identifying
areas that require corrective actions. Prepare appropriate inputs into the Fund’s overall risk reporting obligations. Represent the Jobs Fund at various Risk committees as assigned. Assist Jobs Fund Partners in co-creating sufficient mitigations in identified risks as required.

ENQUIRIES : Kaizer Malakoane at (066) 250 7072 Email: Kaizer.malakoane@gtac.gov.za

GOVERNMENT TECHNICAL ADVISORY CENTRE (GTAC)

CLOSING DATE : 10 November 2023 at 12pm

APPLICATIONS

Potential candidates may apply online on the GTAC website at https://www.gtac.gov.za/careers. Please visit the GTAC website at www.gtac.gov.za for more information. NB only online applications will be
acceptable. The GTAC is an equal-opportunity employer and encourages applications from women and people with disabilities. Our buildings are accessible for people with disabilities.

NOTE

Only South African Citizens, and Permanent Residents need apply as per PSR

2016. Applications should be accompanied by a duly completed and signed
      Z83 form (obtainable from any Public Service department). The post title and
      reference number must be clearly indicated on the Z83 form. Applicants are
      not required to submit copies of qualifications and other relevant documents
      on application but must submit the Z83 and a detailed Curriculum Vitae.
      Certified copies of qualifications and other relevant documents will only be
      limited to shortlisted candidates which will be submitted to HR on or before the
      day of the interview. Short listed candidates must make themselves available
      for a panel interview on the date determined by the GTAC. All short-listed
      candidates will be subjected to personnel suitability checks and the successful
      candidate will undergo the SMS Competency Assessment and security vetting
      in order to confirm employment. Late applications, and those not meeting the
      requirements, will not be considered. If you have not received feedback from
      the GTAC within 2 months of the closing date, please regard your application
      as unsuccessful. Note: The GTAC reserves the right to fill or not fill the
      advertised posts. The DPSA Directive on Compulsory Capacity Development,
      Mandatory Training Days and Minimum requirements was amended with
      effective date of 01 April 2020. According to the directive requirement for
      appointment at SMS level will be the completion of the Senior Management
      Pre-entry programme as endorsed by the National School of Government.
      The applicant should therefore have a proof that they have registered the for
      the Pre-entry certificate and have completed the course before the
      appointment. The cost of the pre-entry certificate is for the candidate’s
      expense. To access the pre-certificate course, please visit:
      https://www.thensg.gov.za/training-course/sms-pre-entry-programme/

All the best with your applications