Deputy Director: Expenditure & Revenue Management

KEY PERFORMANCE AREAS

To manage expenditure and revenue of the National Treasury and provide an administrative support service pertaining to payments to creditors, update on departmental revenue, etc.

PREREQUISITES: • A Grade 12 is required coupled with a minimum Bachelor’s degree (equivalent to NQF level 7) in Financial Accounting or Business Management or Public Administration; • A minimum 4 years’ experience of which 2 years should be at an Assistant Director level or equivalent obtained in financial accounting and supply chain management environment; • Knowledge and experience of the government financial management framework; and • Knowledge and experience of revenue and expenditure dissemination and reconciliation.

DUTIES

Process transactions of creditors and departmental payments:

• Process and reconcile transactions concerning all creditors; • Authorise payments on BAS and LOGIS Procurement Integration; • Generate management reports concerning creditors and other related payments; and • Communicate with internal and external stakeholders on confirmation of receipt of payments.

Transfer funds to government departments, entities, and agencies:

• Initiate the transfer of funds to provinces, municipalities and entities in compliance with regulatory requirements; and • Verify transfers through the reconciliation of the transfer schedule. Cash deposits, departmental revenue, and petty cash:

• Issue cash receipts as proof of confirmation of deposits paid; • Allocate departmental revenue and justify the support documents as proof of payments; and • Issue petty cash advances and record in Petty Cash Register for record purposes. Manage the National Treasury ‘s bank accounts:

• Initiate the clearing of control and bank accounts as prescribed; • Execute banking transactions with the relevant supporting documents; • Perform bank reconciliations and minimise discrepancies; and • Co-ordinate requested funds based on designated drawings schedules and facilitate through SAFETYWEB. Monitor allocations to control and suspense accounts:

• Engage affected institutions when recover amounts allocated to control/ suspense accounts; • Review reconciliations and ensure that amounts allocated to control/ suspense accounts are cleared; and • Review management reports and other relevant information pertaining to control/suspense accounts for correctness.