Website TCTA (Trans-Caledon Tunnel Authority)
Trans-Caledon Tunnel Authority (TCTA) is a state-owned entity charged with financing and implementing bulk raw water infrastructure projects. It is an agency of the National Department of Water and Sanitation (DWS), which is responsible for the country’s water resources in respect of usage,… read more equitable allocation and distribution. TCTA assists the government in its pursuit of water security for South Africa and in realising its constitutional obligation of ensuring universal access to this essential resource for all citizens. South Africa is a water-scarce country, requiring a dedicated focus on ensuring adequate water storage and transfer capacity. To this end, TCTA designs bankable projects, raises funding in capital markets, manages debt and implements infrastructure rollouts. It is a specialised liability management body the government uses to finance and build dams and transfer schemes off budget while within an acceptable risk framework and in the most cost-effective manner. TCTA is a state-owned entity, established in terms of Government Notice No 2631 in Government Gazette No 10545, dated 12 December 1986. The notice was replaced by Government Notice 277 in Government Gazette No 21017 dated 24 March 2000, promulgated in terms of the National Water Act, 1988(Chapter 10). 1st Floor, Building No. 9, Byls Bridge Office Park, 11 Byls Bridge Boulevard, Cnr Olievenhoutbosch Road and Jean Avenue, Highveld Extension 73, CENTURION 0157,
THE KEY PERFORMANCE AREAS OF THE ROLE IN FOCUS ARE:
Manage and embed strategic alignment in response to growth and development on TCTA
Embed strategic alignment of the Finance Team Ensure that Finance processes are integrated into the organisation
Continually assess team capacity against changing business needs.
Create and maintain relevant infrastructures, policies, processes, and systems within Finance, as new projects are mandated to TCTA.
Year End
Play an oversight role over the entire year-end process.
Review the draft annual financial statements and ensure that they are prepared in accordance with the accounting standards.
Present the Annual Financial Statements to EXCO, Board Committees, and Board for approval
Ensure that Annual financial statements are complete and accurate and free from errors resulting in an unqualified audit opinion.
Liaison and coordination with internal and external auditors.
Discussion of and resolving of audit queries and adjustments.
Annual Budget Cycle
Oversight role over the entire budget process.
Quality control over the integrity of numbers and variance explanations.
Present actual versus budget, actual/forecast, and new year budget to EXCO, Board Committees and Board for approval.
Financial Reporting
Complete and accurate financial information presented to the CFO, EXCO, and various related committees.
Resolve any financial reporting problems that arise effectively and efficiently.
Ensure overall compliance with tax legislation. Implement and maintain financial models for TCTA.
Ensure all financial reporting as per funding agreements with lenders is met.
Contribute to the preparation of the Annual Report.
People Management and Development
Be accountable for the strategic alignment of the team
Translate strategic alignment into understandable actions
Create development opportunities to keep the team up to date, challenged, and enthusiastic
Responsible for overall team well-being
Strategic Liaison and Assurance
Quality and timeous liaison with TCTA’s stakeholders, external parties, as well as with internal divisions.
Prepare lessons learned on completed projects.
Requirements
MINIMUM REQUIREMENTS
CA (SA)
10 years of financial management and reporting experience in the financial services sector, with a preference for treasury exposure.
Minimum 5 years of senior management experience, with proven experience managing a team
Strong technical and working experience in IFRS / GRAP
Apply via company website ( https://www.tcta.co.za/ ) or
tcta.mcidirecthire.com
To apply for this job please visit tcta.mcidirecthire.com.