Manager: Assets and Liabilities Management

Job Title:

Division:

Finance Division

Position Type:

Fixed Term Contract: 6 Months

Reports To:

The role reports to the Chief Finance Officer.

Required Minimum Qualifications

Required years of related experience:

At least 5 years’ asset management experience, with adequate liabilities management experience
5 years supervisory experience
Experience in implementing the PFMA, Treasury regulations, and NT Prescripts.

Minimum Requirements

Location

Elias Motsoaledi Street Extension R104,

Pelindaba Brits, Magisterial District,

Madibeng Municipality North West Province, 0240

Job Description

The Manager: Assets and Liabilities Management Will proactively manage the assets and liabilities function of the entity, in addition to managing the loans and borrowings and insurance portfolio.

Key Areas of Responsibility

Develop and manage asset management system, policies, procedure and asset register.
Develop and manage strategic and asset management plans and mechanisms to effectively safeguard assets.
Perform physical verification and valuation of all assets.
Compile reports on state of the assets.
Monitor and review the allocation of assets.
Manage the asset disposal process.
Prepare monthly reconciliation of asset registers to the relevant accounting records
Manage the investment and call account portfolios.
Perform an ongoing assessment of the organisation’s liabilities.
Manage and maintain the nuclear liability portfolio.
Manage and maintain the general/operational liability portfolio.
Prepare monthly reconciliation and schedules of liabilities to the relevant accounting records.
Develop and manage a loans and borrowings framework.
Manage and report on loans and borrowings.
Develop, manage and update leases and loans registers.
Identify financial risks for the entity.
Manage insurance portfolio and insurance claims.
Liaison with insurance service provider/s.
Update transaction records and register.

Knowledge, Skills & Attributes

Required Skills, Knowledge and Attributes:

Skills:

Negotiations
Legal Interpretation
Project Management
Financial Management
Records Management
Presentation skills
Interpersonal skills
Communication
People management
Problem – solving skills
Computer literate
Planning and organizing

Knowledge:

Generally Recognised Accounting Practices (GRAP)
Public Finance Management Act (PFMA)
Treasury Regulations
Asset Management
Liabilities Management
Loans and Borrowings Management
Lease Management
Service Provider Management
Service Level Agreements
Contract Management
Delegation Framework
Financial management
Risk management
Knowledge of good governance and other statutory requirements

Attributes:

Motivated
Energetic
Proactive
Team Player
Innovative
Initiative
Self-starter
Solution-oriented
Flexibility
Concern for quality and order
Results focused and professionalism
Organisational commitment
Integrity
Customer focussed

N.B. Background verification, including criminal record, credit checks, security clearances, qualification and citizenship checks, as well as competency assessment, will form part of the selection process for all the above positions. NRWDI subscribes to the principles of Employment Equity, including welcoming applications from persons with disabilities. Communication will only be conducted with short-listed candidates. If applicants have not heard from NRWDI within 4 weeks after the closing date, they must assume that their applications were unsuccessful.

Manager: Assets and Liabilities Management