KZN GROWTH FUND CHIEF FINANCIAL OFFICER SALARY: MARKET RELATED The KZN Growth Fund Trust ("KGFT") is an entity of the Kwa-Zulu Natal Provincial Government through the Department of Economic Development, Tourism and Environment Affairs (EDTEA). Its mandate is to finance private sector projects that drive economic growth, stimulate job creation, promote broad based black economic empowerment (B-BBEE) and reduce inequality.
• Accurate financial reporting in accordance with the relevant regulatory requirements and international standards; • Provide EXCO with advice on the financial implications of business activities, and provide consultative support to planning initiatives through financial and management information analysis, reports and recommendations; • Oversee the outsourced IT and facilities management function; • Liaise with external auditors and attends to audit queries. • Management of supply chain management • Manage the process of preparation of annual financial statement and review • Manage the safe guarding of assets • Review and drafting of policies and procedures • Ensure quarterly reports are accurate and submitted to EDTEA and Treasury timeously • Manage finance team and performance reviews • Provide input on Debt and Equity portfolio • Provide guidance, leadership in finance and organisation.
The following minimum requirements must be met in order to be considered for this position: • Chartered Accountant or equivalent with at least 10 years' post-qualification experience • Minimum 5-7 years' financial management experience at senior management and/or executive level within the banking environment or associated fields, preferably with experience in project finance/development finance/investment banking • Advanced knowledge of international financial reporting standards • Knowledge of PFMA legislation and Treasury Regulations • Strong excel skills and financial modelling expertise will be an added advantage • Acumen and experience to manage and interact with key stakeholders at senior level, Board and other relevant Board subcommittees, including business, project sponsors, professional and entrepreneurial individuals • Advanced knowledge and understanding of accounting principles, Commercial law, and all related compliance legislation including the Public Finance Management Act and FAIS. • Good understanding and knowledge of the formulation and implementation of policies and procedures. KZN GROWTH FUND TRUST EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT. THE APPOINTMENT WILL BE MADE IN LINE WITH KGFT'S EMPLOYMENT EQUITY PLAN. Correspondence will be limited to short-listed candidates. Late applications will not be considered. Email users are requested to set the delivery option on both "return receipt" and "confirm delivery". If you have not been contacted within 30 days of the closing date of the advertisement, please accept that your application has been unsuccessful. Interested applicants should forward a motivation letter of how each of the entry requirements are met, a detailed CV, certified copies of qualifications and ID document to: [email protected] CLOSING DATE: 18 May 2020
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