Cash Flow and Investment Analyst

Western Cape Government; Cape Town; On-site; ZAR 468 000 - 562 000; Full time

Job summary

A governmental department in South Africa is seeking a Financial Management professional to manage cash flow and investment portfolios. Candidates should hold a 3-year degree in Financial Management alongside a minimum of 3 years of relevant experience in finance. The role includes preparing financial reports and administering cash flow for the Provincial Revenue Fund. Competitive remuneration between R 468 459 and R 561 894 annually, plus service benefits, is offered.

Qualifications

• A minimum of 3 years relevant experience in Banking, Finance, Cash Flow or Investments is required.
• Valid driving licence (Code B or higher).

Responsibilities

• Manage and administer cash flow for the Provincial Revenue Fund.
• Administer the investment portfolio to maximize capital accumulation.
• Provide bank services and ensure effective cash funding for departments.
• Prepare work papers for Annual Financial Statements for auditing.

Skills

Budgeting

Analytical skills

Project management

Financial management

Statistical analysis

Written communication

Verbal communication

Problem solving

Education

3-year B-degree in Financial Management

Tools

Basic Accounting System (BAS)

PERSAL

LOGIS

Vulindlela

Job description

Job Purpose

Provincial Treasury, Western Cape Government has an opportunity for a suitably qualified and competent individual to ensure the WCPA cash flow matters and optimise/maximise return on financial investment (surplus funds) within acceptable levels of risk. This post is stationed in Cape Town, CBD.

Minimum Requirements

An appropriate 3 year B-degree (equivalent or higher qualification) in Financial Management; A minimum of 3 years relevant experience in Banking, Finance, Cash Flow or Investments; A valid (Code B or higher) driving licence. NB: People with disabilities that restrict driving abilities, but who have reasonable access to transport, may also apply.

Recommendation

None.

Key Performance Areas

• Cash Flow Management and Administration
• Investment Portfolio and Reserve Fund Management
• Financial Reporting and Annual Financial Statements
• Banking Services and System Administration
• Policy Development, Technical Support and Special Projects
• Administer cash flow for the Provincial Revenue Fund by ensuring effective cash funding to meet the relevant departments cash flow requirements in line with payment schedule and planning schedules
• Administer the investment portfolio by optimising/maximising capital accumulation and reporting
• Administer and offering bank services such as opening accounts, identifying users, ACB accounts, implementing and training on the bank system and advice on banking system for all departments in the Western Cape Province
• Verifying financial templates to account for the Provincial Revenue Fund (PRF) and formulas, preparing work papers and assisting with the compilation/consolidation of Annual Financial Statements for auditing by the AG
• Verifying and update the BAS system with the relevant information
• Reconciliation and clearing interfaces of the BAS system
• To provide draft reports (weekly, monthly, quarterly) to management to achieve all performance objectives in accordance with the annual performance plan and personal performance plan

Competencies

• Knowledge of the following: Public Sector Finance; Financial norms and standards (Public Financial Management Act, National Treasury Regulations, Provincial Treasury Directives/Instructions, Division of Revenue Act); Financial management systems and its structures; Basic Accounting System (BAS); PERSAL; LOGIS; Vulindlela
• Skills: Budgeting, Ability to analyse, conceptualise and implement policy, conflict resolution, monitoring, evaluation and reporting, presentation, problem solving, research, project management, financial management, statistical analysis, work standards/attention to detail; Written and verbal communication skills; Proven computer literacy; Working knowledge of the following: Basic Accounting System (BAS); Public Sector Finance

Remuneration

R 468 459 - R 561 894 per annum (Salary level 9)

Note on remuneration in addition service benefits or obligations for qualifying employees (medical assistance, housing assistance, pension-fund contributions, etc) are funded or co-funded in terms of the applicable prescripts or collective agreements.

Notes

Shortlisted candidates will be required to attend interviews on a date and time determined by the department and submit documentation for verification purposes and criminal record vetting. All shortlisted candidates, shall undertake two pre-entry assessments. One will be a practical exercise to determine a candidate’s suitability based on the post’s technical and generic requirements and the other must be an integrity (ethical conduct) assessment. The selection process will be guided by the EE targets of the employing department.

By applying for this position, you are consenting to the Western Cape Government contacting your previous employers/managers for an employment reference. Reference checks will include enquiries relating to your disciplinary records and reasons for leaving.

Should you experience difficulties with your online application, technical support is available from Monday to Friday from 08:00 to 16.00. Contact the helpline at 086 137 0214. For all other queries relating to the position, kindly contact the enquiries person as indicated in the advert. Please ensure that you submit your application before the closing date as no late applications will be considered.

Attachments (if applicable)