Finance Officer x2 at Ministry of Social Development

2060

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

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