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CHIEF FINANCIAL OFFICER – Ref CFO 2017

Position: CHIEF FINANCIAL OFFICER – Ref CFO 2017

Remuneration: Market related package will be negotiated with the successful candidates.                       

Role purpose: To direct, manage, administer and oversee the Finance division

 

The Performing Arts Centre of the Free State (PACOFS) is an agency of the Department of Arts and Culture (DAC), established in terms of the Cultural Institutions Act (119 of 1998).

 Key Performances Areas will include, but not limited to:

ü  Budgeting-Planning and Monitoring

Medium Term Expenditure Framework database completion and submission to the relevant department/ministry, Estimated National Expenditure (ENE) completion and submission too the relevant department/ ministry, Dealing will all queries relating to the above two submissions, budget allocations and tabling at Board for approval, Review and approval of all expenditure requests against the budget including review and approval of all request.

ü  Reprioritising of Funds: Budget identified for reprioritisation every quarter and mid-year, preparing and tabling reprioritisation requests

ü  Adding funding requests: Co-ordinate process, discuss and facilitate inputs from divisions, compile submission for forwarding to CEO, board and relevant department

 

ü  Financial Reporting: Timeous Monthly Management Accounts that are complete and accurate, Timeous Annual financial Statements that comply with the relevant accounting framework i.e. Generally Recognised Accounting Practice Generally Recognised Accounting Practice (GRAP), Stay abreast of all new accounting developments and ensure finance activities; processes and procedures comply with all new GRAP accounting standards and Public Finance Management (PFMA) requirements.

ü  Accounts Payable: Ensure payment of the majority of outstanding creditors in 30 days ageing, put controls in place to prevent interest on late payment of invoices.

 

ü  Accounts Receivable: Debtor balance included in Accounts Receivable are all recoverable, regular liason with HR on information needed to maintain accurate and valid debtor’s accounts

ü  Legislative Compliance: Compliance with Public PFMA, Compliance with Treasury Regulations and Compliance with Preferential Procurement Policy Framework Act Preferential Procurement Policy Framework (PPPFA).

ü  Corporate Governance: Attend to the following meetings and give input: Board, EXCO, Audit and Risk, Remuneration Committee.

ü  Policies and Procedures: Annual Review of existing policies, annual updating of existing policies where relevant

ü  Leadership and management: provide effective leadership and management for the Finance team

Requirements include:

Ø  General Accounting Skills

Ø  Understanding of the PFMA

Ø  Finance Management

Ø  A minimum of 5-6 years’ experience in Senior and executive Management

Ø  Degree in Finance, and Accounting or related qualification

Written application, detailed curriculum vitae and certified copies of qualification, ID and driver’s license should be forwarded to: Office of the CEO PACOFS 12 First Avenue Bloemfontein or mail to P.O. Box 1292 Bloemfontein 9300.

Ø  Enquiries: Ms. Lerato Mojaki                 Tel: (051) 44 77771

                Mr. Thabo Mohlakoana,       Tel: (051) 44 77771

                Mr. Clifton Morake                 Tel: (051) 44 77771

 

Note!!

  • Failure to submit all the requested documents will result in the application not being considered.  Correspondence will be limited to short listed candidates only.  If you have not been contacted within three (3) months after the closing date of this advertisement, please accept that your application was unsuccessful.
  • Ø  It’s the responsibility of the applicant, who’s in possession of foreign qualifications to submit documentation to the South African Qualifications Authority (SAQA) for evaluation.

  • Ø  (www.pacofs.co.za (click on Documentation) 

    Ø  NB. Pacofs reserve the right not to make appointment(s) to the advertised post(s)

    Ø  NB. Welcome applications from persons with disabilities

    Closing date: 21 NOVEMBER 2017


 

 

Chief Executive Officer

 

3 year Fixed-Term Contract

(Package: Negotiable)

Ref #: CEO 2017