Job offer: Assistant Finance Manager


Announced
02/10/20244 days ago
Job Status
Full Time
Job Type
Employee
Expiration Date
02/01/2025 88 days left
Job Category
Job Title
Assistant Finance Manager
Job Presentation

Applications are invited from suitably qualified local candidates for the following vacant positions tenable at the Ministry of Tourism, Sport, Arts and Culture.

MINISTRY: TOURISM, SPORTS ARTS AND CULTURE
SECTION: ADMINISTRATION
JOB TITLE: ASSISTANT FINANCE MANAGER
GRADE: H
NO. OF POSTS: ONE (1)
RESPONSIBLE TO: FINANCE MANAGER

Main Purpose of the Job
Under the general supervision of Finance Manager, the incumbent is responsible for facilitating revenue collection and prompt payment for goods received and services rendered.

Main Duties

  • To facilitate implementation of Financial laws, policies, guidelines, systems procedures and standards
    1.1 Interprets financial laws, policies, guidelines, systems, procedures and standards
    1.2 Trains accounting staff on financial laws, policies, guidelines, systems, procedures and standards
    1.3 Compiles the training report
    1.4 Evaluates the effectiveness of training
  • To review payment vouchers against set procedures and standards
    2.1 Reviews supporting documents to confirm completeness
    2.2 Confirms payment is charged to correct vote
    2.3 Posts and submits examined vouchers to an authorizing officer
  • To facilitate management of official receipts
    3.1 Monitors use of receipts
    3.2 Accounts for receipts
  • To provide custody and control of accountable documents
    4.1 Implements set standards and procedures for safeguarding accountable documents
    4.2 Controls usage of accountable documents
    4.3 Maintains stock levels and distributes accountable documents
  • To facilitate collection and banking of revenue and trust monies
    5.1 Supervises the banking of revenue and trust monies collected
    5.2 Posts collections into the system
    5.3 Post bank transfer to update cash account in the system
    5.4 Compiles monthly reports on collections against budget
  • To reconcile revenue bank accounts
    6.1 Obtains bank statements
    6.2 Matches bank statement to deposit slips
    6.3 Matches posted transactions to bank statement
    6.4 Posts adjustments in the system to correct errors
    6.5 Produces reconciliation reports
  • To prepare financial statements and reports
    7.1 Compiles monthly quarterly and annual financial statements and reports then submits for review.
  • To supervise staff
    8.1 Formulates and implement sectional annual operational plan.
    8.2 Coordinates development of individual work plans
    8.3 Monitors implementation of sectional operational plan
    8.4 Conducts annual performance appraisals on individual supervisees to assess their performance against the set standards and to identify training and development needs
    8.5 Coordinates training of accounting staff
    8.6 Compiles sectional budget
    8.7 Supervises staff to ensure that work is done according to plan
    8.8 Disciplines staff under his/her supervision
  • Job Specifications
    Education and Training
    Chartered Accounting /Master’s Degree in Accounting plus two (2) years in the accounting and finance environment.
    OR
    Honours/ Postgraduate Diploma in Accounting/ Finance/ Financial Management plus four (4) years in the accounting and finance environment.
    OR
    Bachelor’s Degree in Accounting/General Accounting/CIPFA Advanced Diploma plus four (4) years working experience in the accounting and finance environment.
    OR
    Bachelor’s Degree in Business Administration/ CIS plus CIPFA Certificate plus five (5) years working experience in the accounting and finance environment.

    Other Relevant Knowledge

    • Knowledge of Public Sector Accounting
    • Knowledge of the IFMIS system
    • Knowledge of Public Service Act and Regulations Knowledge of Procurement Regulations, Treasury Regulations and Public Financial Management and Accountability Act
    • ⁠Computer Literacy

    Applications on relevant forms, G.P. 103 for job seekers and G.P. 104 for serving officers, accompanied by certified copies of Educational Certificates, transcripts and National Identity document (ID) should be addressed to:
    The Principal Secretary
    Ministry of Tourism, Sports, Arts and Culture
    P.O BOX 729
    MASERU 100

    OR

    Be hand delivered to Moposo House RD Flour
    Please note that all applications should be accompanied by a certified copy of a national ID

    Not later than 01st October 2024


    How to Apply

    Kindly use the following link to apply for this job:

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