State Accountant: Cash & Revenue Management
DEPARTMENT OF SPORT, RECREATION, ARTS AND CULTURE
Overview
Ensure Collection and Deposit of Revenue. Receive and account for all revenue collected by the department.
Requirements
- National Senior Certificate plus a National Diploma (NQF Level 6) or B
- Degree (NQF level 7 as recognised by SAQA) in Accounting/ Cost & Management Accounting/ Financial Management/ Internal Audit qualifications with at least 1 to 2 years’ experience withi n the public sector expenditure management field and payment of employee benefits
- Public sector finances experience in budgeting and revenue management will be added advantage
- Knowledge of financial systems (LOGIS, PERSAL and BAS) and be able to interpret NERF and Standard Chart of Accounts (SCoA)
- Knowledge of Public Service Regulations, Legislations / policies / prescripts, and procedures
- Knowledge of Treasury Regulations and Division of Revenue Act (DORA), understanding of the Public Finance Management Act (PFMA) and Appropriation Act
- Preferential Procurement Policy Framework Act (PPPFA), Financial Regulations Knowledge of Batho Pele principles
- Computer literacy specializing in Advanced EXCEL and PowerPoint Presentation
- Good communication and report writing skills
- Sound organisational skills
- People management
- Customer / client orientated approach and ability to work under pressure and independently
- A valid driving licence (Code 8) is required
Responsibilities
- Ensure Collection and Deposit of Revenue
- Receive and account for all revenue collected by the department
- Verify the accuracy and completeness of revenue collection documentation
- Ensure that all revenue is deposited into the relevant bank account within prescribed timeframes
- Capture and record revenue transactions on the relevant financial management systems
- Monitor outstanding revenue and follow up on unpaid amounts
- Ensure compliance with the Public Finance Management Act (PFMA), Treasury Regulations and departmental policies relating to revenue collection
- Maintain proper records and support documentation for all revenue transactions
- Identify and classify departmental revenue sources in accordance with applicable legislation
- Monitor revenue trends and analyse revenue generated from various sources
- Verify that all revenue received is correctly allocated to the appropriate revenue codes
- Assist in identifyi ng opportunities to improve revenue collection processes
- Compile reports on revenue generated from different revenue streams
- Ensure accurate recording and reporting of departmental revenue
- Render cash flow Management
- Monitor daily cash balances and cas h movements
- Prepare cash flow forecasts and projections
- Monitor cash availability to ensure operational requirements are met
- Compile periodic cash flow reports for management
- Liaise with relevant stakeholders regarding cash flow requirements
- Identify potential cash flow risks and recommend corrective measures
- Ensure effective management of cash resources in accordance with Treasury guidelines Render Cash Reconciliation
- Perform daily, weekly and monthly cash reconciliations
- Reconcile bank statements with departmental financial records
- Investigate and resolve cash and banking discrepancies
- Reconcile suspense accounts and outstanding transacti ons
- Maintain complete reconciliation records and audit trails
- Prepare reconciliation reports for management review
- Assist with internal and external audit requests relating to cash and revenue transactions
How to apply
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Enquiries
Recruitment enquiries
M. Cezula – Head Office – (eQonce) Tel No: (043) 492 1400 e- Recruitment Technical Enquiries – [email protected]
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