Finance Manager

JOB PURPOSE

To implement the INSETA’s financial strategy and operations by providing oversight and guidance in the execution of financial activities, managing working capital, assets and liabilities, and overseeing expenditure and revenue compliance with internal and external legislative and operational requirements.

Minimum Requirement:

• Grade 12 (or equivalent) and an NQF 7 Bachelor’s Degree in Financial Accounting or related field (or equivalent)

Preferred Requirement:

• BCom Honours/Post Graduate Diploma in Financial Accounting or equivalent qualification and completed articles in accounting
• Professional registration with an appropriate accounting body (e.g., CIMA, SAICA, SAIPA, IRBA)

Minimum Requirement:

• A minimum of 5 years’ proven experience in financial management and accounting at a management level
• A minimum of 5 years of Case Ware experience
• Applicable experience in the public sector, with knowledge of PFMA and GRAP reporting frameworks

Preferred Requirement:

• A minimum of 8+ years in financial management and accounting at a management level
• Applicable experience in the public sector with knowledge of PFMA and GRAP frameworks

• Computer literacy, especially Excel
• Knowledge of relevant legislation within the SETA environment
• Ability to perform trend analysis and provide advice
• Strong financial skillset
• Good communication skills
• Ability to interpret data and convert it to management information
• Problem‑solving skills

• Implement the financial management strategy and long‑term financial plan to ensure effective execution and continuity of full financial management services in INSETA, and formulate and implement the consolidated finance functional operational plan, aligned to the roadmap.
• Formulate financial management policies based on the financial strategy, conduct regular reviews, ensure adherence to best practice and certify compliance, including regular reviews of finance delegations of authority.
• Provide inputs to the measurement and review of performance and achievement of INSETA financial strategic and operational objectives (including causes of deviation).
• Support the CFO in developing strategies to expand organisational revenue with new and diverse funding sources, through research and identifying and unlocking new or alternate funding opportunities.

• Develop or review and implement accounting policies in line with legislative guidelines and relevant financial reporting frameworks.
• Manage statutory compliance through submission of all periodic returns and reports to DHET and National Treasury by legislated dates.
• Develop or review and implement financial policies.
• Lead the implementation and regular review of financial SOPs and processes.
• Implement and maintain internal control systems to safeguard financial assets and allocate funding for programmes and goods/services as per the financial strategy, long‑term plan and MTEF.
• Provide inputs to financial process improvement initiatives, identify cost‑saving opportunities and implement processes to achieve efficiencies, best practice and standardisation.
• Prepare interim and annual financial statements.
• Perform daily, weekly, and monthly review of all accounting records.
• Oversee effective document management processes.
• Prepare monthly payroll journals for recording payroll expenditure in the general ledger.
• Establish financial procedures and spearhead continuous optimisation of financial processes (e.g., debt collection, budgeting, month‑end closures).
• Identify opportunities to automate financial transactions.
• Lead initiatives to address internal control deficiencies identified by assurance providers, including internal and external auditors.

• Review all expenditure transactions ensuring payments are valid, accurate and complete.
• Design processes and controls to ensure timely payments.
• Review payments for correct classification among administration, project administration, discretionary and mandatory grants, and/or capital expenditure.
• Approve supplier and creditor payments in line with delegated authority.
• Monthly review of supplier…