The CFO is responsible for establishing the budget and treasury office as this is the financial management hub of the municipality where the core finance functions are performed. Duties include tracking cash flow and financial planning as well as analyzing the municipality’s financial strengths and weaknesses and proposing corrective actions.
Responsibilities
Budget and Treasury
Being administratively in charge of the Budget and Treasury Directorate of the institution
Assisting Accounting Officer
Assisting the accounting officer to carry out his or her financial management responsibilities (in line with delegations), in areas ranging from budget preparation to financial reporting and the development and maintenance of internal control policies and procedures.
Financial Reforms Implementation
Implementing relevant financial reforms at the direction of the accounting officer, with the assistance of appropriately skilled finance staff.
Top Management Team Responsibilities
Undertaking specific responsibilities as a member of the top management team.
Finance Planning Leadership
Leading and managing the planning processes for the Finance Division
IDP & SDBIP Development and Monitoring
Providing direction and contributing to the development and review of credible plans, including the Integrated Development Plan (IDP) and Service Delivery and Budget Implementation Plan (SDBIP)
Strategies & Goals Alignment
Managing the alignment of strategies and goals within area of responsibility
Financial Impact Assessment and Monitoring
Assessing and monitoring the impact of financial and non-financial changes on plans, including national and provincial policy statement changes.
Service Delivery Plans Implementation Management
Managing the implementation of service delivery plans within the legislative and regulatory framework pertaining to the area of responsibility.