Applications are invited from suitably qualified candidates for the following positions tenable in the Ministry of Social Development.
JOB DESCRIPTION
POSITION : FINANCE OFFICER
GRADE : G
NO. OF POSTS : TWO (2)
DEPARTMENT : FINANCE
JOB SUMMARY
Under the general supervision of the
Assistant Finance Manager, the incumbent
is
responsible for revenue collection, banking of cash, prompt payment of
suppliers
of goods, services and works, keeping
proper records for revenues,
expenditures, assets and liabilities, and supervising subordinate accounting
staff.
MAIN DUTIES
1. To supervise payment process
1.1 Checks supporting documents against the payment vouchers
1.2 Approves, print and sign payment voucher
1.3 Upholds the payment
1.4 Submits payment vouchers for examination
1.5 Distributes cheques
2. To supervise and account for revenue and trust monies collected
2.1 Receives and registers receipt books and revenue stamps
2.2 Issues receipt books and revenue stamps to revenue collectors
2.3 Checks that revenue collected corresponds with receipts issued
2.4 Accounts for cash collected and receipt books issued
2.5 Analyses revenue collected according to the denominations
2.6 Books revenue collected into the system
2.7 Keep proper record of all financial transactions related to,
but not limited
to; revenues, expenditures, assets and liabilities, under his/her responsibility
2.8 Issue acknowledgement receipts
3. To bank revenue collected
3.1 Prepares collector’s statement and deposit slips
3.2 Deposits collections in the bank
3.3 Accounts for deposits through bank confirmation slips
4. To supervise staff
4.1 Implements sectional annual operational plan.
4.2Ascertains implementation of individual work plans
4.3 Conducts annual performance appraisals on
individual supervisees to assess their
performance against the
set standards and
to identify training
and development needs.
4.4 Organise training for accounting staff
4.5 Implements the budget
4.6 Disciplines staff under his/her supervision
JOB SPECIFICATIONS
Education and Training
Chartered Accounting/Master’s Degree in Accounting/Finance/Financial Management
OR
General
Accounting/CIPFA Advanced Diploma/CIS/Bachelor’s Degree
in
Accounting/Finance/Financial Management plus 2 years working experience.
OR
Bachelor of Arts in Business Entrepreneurship plus CIPFA Certificate plus 5 years experience in accounts environment.
OR
CIPFA Diploma plus Diploma in Business Management/Business Studies/Business Administration plus 6 years working experience in the accounting and finance environment.
OR
CIPFA Certificate plus Certified Accounting Technician plus 8 years working experience in the accounting and finance environment.
N.B: Membership of recognized Accounting or Finance Professional body will be an added advantage.
Other Relevant Knowledge
• Familiarity
with the Generally
Accepted Accounting Practice
(GAAP),
especially the International Public
Sector Accounting Standards (IPSAS) and
International Financial Reporting Standards (IFRS), is essential
• Familiarity
with the Integrated
Financial Management and
Information
System (IFMIS) is an added advantage
• Knowledge of Public Service Act and Regulations is an added advantage
• Knowledge of Procurement Regulations,
Treasury Regulations and Public
Financial Management and Accountability Act is an added advantage
• Computer literacy is essential
All candidates who apply for position at Grade H level and above will be subjected to assessment process as per Public Service Regulations of 2008- Division III section 24 (1).
All applications should be on relevant forms, GP 104 for serving officers, and GP 103 for job seekers, accompanied by certified copies of Educational Certificates, Marriage Certificates for married women, Transcripts, Performance Appraisals (for serving officers), Landlines or mobile phones for contacts.
Application forms are available at Ministry of Social Development – Human Resource Office, 6th Floor, Moposo House and should be hand delivered to the same office.
Addressed to;
The Principal Secretary
Ministry of Social Development MASERU 100
Closing date 24th May, 2019