Chief Financial Officer

Greater Kokstad Municipality (GKM) has the following vacancy in the Budget and Treasury Office.

CHIEF FINANCIAL OFFICER

TYPE OF EMPLOYMENT

PERMANENT EMPLOYMENT
(in line with Local Government: Municipal Systems Amended Act 3 of 2022)

ANNUAL SALARY MINIMUM MID-POINT MAXIMUM
R 965 958.00 R 1 103 953.00 R 1 224 083.00
Remote Allowance: 4% Of Total Annual Remuneration Package
As per Government Gazette No 50737dated 30 May 2024, pending receipt of the new ministerial determination.

REQUIREMENTS:
Minimum Requirements

•Grade 12 / Matric or Equivalent Certificate •An appropriate bachelor’s degree in the field of Accounting, Finance, or Economics (registered on the in the national qualifications framework at a NQF level 7 with a minimum of 360 credits). •Equivalent Qualification •Certificate in MFMP/CPMD. •A minimum of 5 years’ experience at middle management level have proven successful Professional accounting or Local Government’s finance experience. •Good  Knowledge and understanding of relevant policy and legislation. •Good understanding of institutional governance systems and performance management •Good knowledge of Supply Chain management regulations and Preferential Procurement Policy Framework Act, 2000 (Act No 5. of 2000), as amended. •Registration with a relevant professional body and project management certificate or diploma will be an added advantage• A valid Driving Licence (Code B) and Own appropriate transport.

Knowledge,skills and attributes

•Good knowledge and understanding of accounting principles and a flair for figures including the MFMA and Supply Chain Management. •In-depth knowledge of local government legislation and the statutory requirements pertaining to the post •Be Eligible for registration to the Institute of Municipal Financial Officers. •A high degree of aptitude for strategic/operational planning and management, decision-making, leadership, innovation and motivation •Good knowledge of supply chain management regulations and the Preferential Procurement policy Framework Act, 2000. •Excellent communication skills, interpersonal and leadership skills. •Knowledge of change
management Ensure the development and implementation of strategies that will have a measurable positive impact on financial performance. •Provide an advisory service to the Council on financial policy issues.

KEY RESPONSIBILITIES/DUTIES

•Plan and prepare budgets and financial documentation in accordance with the prescripts of the MFMA, other related legislative prescripts, and the Organisations Strategy •Establish and maintain appropriate financial management systems and asset management systems. • Responsible for utilization of resources in a responsible and sustainable manner •Establish and maintain mechanisms and procedures to meet departmental and Legislative Requirements •Plan and manage computer/electronic systems that record and store financial information •Operates at a and/or assume strategic leadership role and to advise on legal and financial matters •Provide analysis of financial records. •Oversee the efficient investment of Council funds •Develop strategies for Debt Collection and oversee related initiatives (budgeting, income, expenditure, activity-based costing, supply chain management, asset management) through the establishment, implementation and maintenance of a financial management strategy. •Oversee the compilation and review of annual financial statements. •Secure and service loans as required by Council. •Advise on the use of staff and resources •Evaluate the efficiency of
work practices and administration. •Attend to the statutory audit/s regarding financial standards and matters •Effect risk management strategies in the department. •Lead and oversee development, review process and implementation of the Indigent Policy, all other budget/financial & related policies as may be necessary.

The competency requirements as stipulated in Annexure A of the Municipal Staff Regulations Government
Notice No: 890, promulgated in Government Gazette No 45181 dated 30 September 2021 and comprises
of the following competencies:

Functional Competencies

 Accounting
 Procurement
 Budgeting
 Financial Management
 Costing
 Financial Reporting
 Financial Process Management

Professional Competencies

 Oral Communication
 Written Communication
 Organisational Awareness
 Problem Solving
 Planning and Organising

Management/Leadership Competencies

 Impact and Influence
 Team orientation
 Direction Setting
 Coaching and mentoring

A Curriculum Vitae and copies of educational certificates together with the compulsory Municipal Application for Employment form (obtainable from the website: http://www.kokstad.gov.za), can be forwarded to: The Corporate Services Department, Greater Kokstad Municipality, PO Box 8, KOKSTAD, 4700, hand delivered at 75 Hope Street, KOKSTAD, 4700. Emailed applications herein will not be accepted.
Job Related Queries: Ms T Eksteen at 039 – 7976650 Closing date: 16 April 2025.
Please note:
1. GKM is committed to Equal Opportunity, Candidates from designated groups, including those with different
abilities, are encouraged to apply.
2. Candidates shall be subjected to evaluations and previous, current employers, and references, will be
contacted.
3. Verification will be done on qualifications, criminal and credit records.
4. GKM complies with the Protection of Personal Information Act (POPIA), Act 4 of 2013. Applicants agree
that their personal information may be recorded and processed by the Municipality.
5. If no notification is received within 90 days, please regard your application as unsuccessful. The right not to
make an appointment or to re – advertise is reserved by Council.
6. Appointment and/or acceptance of employment offer includes signing of an employment contract,
declaration of interest, code of conduct and performance agreement/plan (whichever applicable),
successful completion of probation period.
MR. S R ZWANE
MUNICIPAL MANAGER
NOTICE NO.: 91-2024/2025