Toperform administrative financial functions for the relevant line departmentso as to ensure that accurate information is produced to support optimaldecision making by management, within the framework of any relevant internalpolicies and external regulations. • Perform tasks to ensure that the line department is provided with proper financial management by monitoring spend against budget, investigating variances, completing reconciliations, creating/reversing accruals and prompt clearance of open items in accordance with policy guidelines• Perform on going assistance to the management reporting process, ensuring it is timeously completed and that all unusual items and large variances are investigated and communicated• Reviewing, updating and communicating to the Line Finance Manager financial and other internal controls that are in place to ensure that they are adequate to eliminate or mitigate against any potential risks and to provide for good corporate governance• Provide input on the development of budgets and forecasts, ensuring that they are properly evaluated for accuracy and completeness• Ensure that contracts entered into are as per the Procurement policy (P2P) • Avoid audit findings by ensuring that all processes are adhered to• Communicate any updates or changes to the financial processes to the line department and that they are adhered to• Ensure that any transactions that will trigger a PFMA contravention are prior communicated to the line department in accordance with PFMA, IFRS and all other related internal policies• Ensure that capital assets are verified on the system• Ensure that system access protocols are regularly reviewed, updated and monitor access to ensure compliance with stated authority levels• Ensure the spend of the line function cost centres are well managed and that the allocated budget is not exceeded unless approval is obtained• Ensure the allocation of costs to ledger accounts and performing journal entries• Effective coordination for purchases (adherence to Transnet procurement processes) • Timeously payment of suppliers (Opex and Minor capital)• Management reporting• Creating purchase requisition on SAP 002 and purchase orders• Control accuracy of invoices• Petty Cash process Qualifications and Experience • Diploma ,BTech or Bcom in Accounting Degree qualification• Experience in Finance will be an added advantage (minimum 2-5 years) Knowledge:KNOWLEDGE•Accounting Budgeting – Transnet Freight Rail•Variances analysis•SAP system•Transnet Freight Rail/Transnet policy•Activity based costing methodsBEHAVIOURAL•Pro-active•Consistent•Flexible•Correctness•Integrity•Initiative•Independent•Reliable•Prepared to train others•Dedicated•Quality orientatedAccountableSkills required:• Analytical and numerate• Able to meet deadlines and work under pressure• Communication skills, both verbal and written• Interpersonal skills• People management and leadership skills• Planning and organizing• Time management• Problem solving• Networking• SAP system•Computer literacyCompetencies Required:•Basic knowledge of King II and Corporate Governance principles•General familiarity with all relevant legislation, including PFMA, Companies Act, IFRS•Budgeting and Forecasting•Evaluation, design and implementation of processes and internal controls•Detailed understanding of all applicable accounting standards Equity Statement Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division. #J-18808-Ljbffr