KEY PERFORMANCE AREAS
1 Financial Reporting and Compliance
1.1 Prepare monthly, quarterly, and annual financial statements in accordance with GRAP and PFMA;
1.2 Ensure timely submission of reports to the Auditor-General, National Treasury, and DHET;
1.3 Maintain accurate general ledger accounts including Annual Financial Statements and perform reconciliations;
1.4 Assist with the preparation of audit files and respond to audit queries.
2 Budgeting and Forecasting
2.1 Support the Finance Manager in compiling annual budgets and forecasts;
2.2 Monitor budget performance and provide variance analysis;
2.3 Prepare the reallocation of budgets per chamber/implementing business unit based on project performance and
strategic priorities.
2.4 Prepare Quarterly reports to DHET, National Treasury and review of the medium term expenditure framework , and
ENEs.
3 Grant Management
3.1 Monitor financial transactions related to Discretionary and Mandatory Grants;
3.2 Reconcile grant expenditure against approved allocations;
3.3 Ensure compliance with grant funding policies and procedures;
3.4 Liaise with stakeholders on financial aspects of non-pivotal programmes.
3.5 Ensure reconciliations monthly DG expenditure reconciliations with the Chambers and Implementing units to a
specific financial year applicable.
3.6 Ensure timeous processing of DG and MG payments when the claims have been received.
4 Internal Controls and Risk Management
4.1 Implement and maintain financial controls to safeguard SETA assets;
4.2 Identify and mitigate financial risks;
4.3 Ensure compliance with internal policies and procedures.
5 Stakeholder Engagement
5.1 Collaborate with implementing units/chambers, oversight committees, internal and external auditors;
5.2 Provide financial support and guidance to project managers and grant recipients;
5.3 Participate in finance-related workshops and stakeholder engagements.
6 Systems and Process Improvement
6.1 Support the integration of financial systems with project management tools;
6.2 Recommend improvements to financial processes and reporting mechanisms.
MINIMUM REQUIREMENTS
2.1 Qualification and Experience
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