SUMMARY:
To support and advise a multi-disciplinary team to design, implement and evaluate best fit solutions to critical municipal challenges in financial management and revenue enhancement; to ensure effective representation of the Local Government Sector in IGR through evidence-based and data driven development and review of fiscal and other relevant policy positions as the voice of Local Government regarding fiscal matters; and to develop municipal capability in delivering on the developmental mandate of municipalities.
The incumbent will be centrally involved in advising the Cluster Management on the company fiscal framework and other municipal finance policies and will coordinate and oversee the sourcing of data inputs, alternatives and updating and maintaining changes to the fiscal framework.
This will include assisting the Portfolio Head: Municipal Finance, Revenue Enhancement and Treasury Advisory Services to maintain, review, document and upgrade the operation of the fiscal framework, fiscal scenarios and associated data files generated within the cluster.
POSITION INFO:
JOB DESCRIPTION
Business Integration
- Participate and support the Portfolio Head with the development of the Cluster business plan, related to the Fiscal Policy and Revenue Enhancement.
- Support and advise on the implementation of Fiscal Policy decisions in the portfolio, so that all requirements laid down by company are achieved.
Strategic and Business Planning
- Participate and support the Portfolio Head in ensuring that the development of the cluster business plan with reference to the Fiscal Policy and Revenue Enhancement is met.
- The Specialist will conduct, contribute and write-up research and analysis pieces on issues of relevance to the fiscal framework and relevant legislation, that impacts or can potentially impact Local Government.
- Contribute and participate in the forecasting process, ongoing analysis financial data and fiscal scenarios, the preparation of presentations, narrative reports and other outputs on the fiscal policy and revenue enhancement
- Support and advice on the implementation of the Cluster business plan for the portfolio to ensure that Fiscal Policy and Revenue Enhancement programmes are in line with overall mandate.
Financial and Budget Management
- Support the development of the cluster Budget and ensure the processing of Fiscal Policy related expenses within budget and in compliance with SCM regulations.
- Monitor expenditure and budget allocations on a monthly basis to ensure accuracy and alignment with fiscal requirements.
People management and promoting a high-performance culture
- Support and guide staff so that they achieve their work objectives and work within an environment conducive to achieving required results.
- Support the Portfolio Head in building a high-performance culture in company and in area of responsibility.
Corporate Governance and risk management
- Supports the Portfolio Head in ensuring company compliance with Fiscal related Legislative frameworks.
- Uphold sound corporate governance principles in the day-to-day operation of the Fiscal Policy & Revenue Enhancement and ensure compliance with related organisational policies and procedures.
- Identify and mitigate reputational, organisational and operational risks identified in the Fiscal Policy Portfolio
- Ensure that relevant systems and processes are implemented and in place to facilitate an effective portfolio.
Stakeholder management
- Attend provincial municipal finance working groups where possible and necessary.
- Prepare Fiscal policy and implementation frameworks, legislative information and other necessary material for distribution to municipalities.
- Assist & initiate the development and maintenance of sound relationships with relevant stakeholder groups (including civil society organisations, locally and internationally).
- Create reports to communicate about Fiscal Policy related programmes.
Monitoring, Evaluation & Reporting
- Monitor and report on the Fiscal and performance progress against the Portfolio budget and business plan and take necessary action to ensure that the goals and targets of the Portfolio is met within time, quality and budget requirements.
- Develop and submit monthly, quarterly and annual reports as requested by the Portfolio Head.
- Ensure timely submission of all internal and external reports.
Research and Data Analytics
- Regularly analyse and assess the fiscal framework for local government.
- Engage continuously with FFC reports and participate in their research processes.
- Annually analyse and comment on financial data and revenue value chain (growth, intergovernmental allocations, tariffs, etc.).
- Review and analyse Sector Plans/Financial Data/ Audit outcomes, Statistics and LG Intelligence within the portfolio, to determine key challenges relating to Fiscal matters.
- Support the development of responses to municipal policy and legislative frameworks where implementation weaknesses at a municipal level is identified.
- Collaborate with academia and research NGO’s in enhancing and contributing to the research agenda of the portfolio and of company as a whole.
- Analyse and comment on national legislation impacting the portfolio at municipal level.
JOB REQUIREMENT Relevant Post-graduate degree in finance economics and/or social science. Master in the finance, business and economics will be advantageous.
Experience:3 - 5 years’ experience operating in a Specialist/Senior Manager Advisory role level within a medium to large sized organisation; Previous experience in a multidisciplinary unit is essential.
Specialised knowledge- Knowledge of the political dynamics in the province.
- Knowledge of Fiscal policies and governing structures of the province.
- Good understanding of the Public Sector and all relevant legislation and Regulations; and Policy directives (MFMA, PFMA).
- Working knowledge of legislative, regulatory, fiscal and policy directives governing company and LG Sector.
