Deputy Director
Department of Health
Total years of experience :31 years, 0 Months
Financial Management
Outline
The position was a support function to ensure that the necessary consumables, medical equipment are procured for health care facilities to reach department goals of provision of sustainable health care delivery. The position involved strengthening of financial stewardship and enhancing the financial management of the department in delivering on its mandate.
Key responsibilities
Head of Supply Chain Management & Financial Management at the District level.
•To render a financial support service to the Department of Health in respect of implementation of PFMA, including provision of financial reports to management for decision-making
· Support management with the implementation of PFMA
•Support Management in creation of awareness to financial & non-financial members of the department of the financial implications of their business decisions.
•Assist Management with the establishment of sound asset management, revenue & expenditure systems and compliance to the relevant prescripts.
•Ensure that financial reports are timeously compiled and communicated to the relevant stakeholders.
•Recommend ways of strengthening of the internal controls by ensuring that irregular expenditure & fruitless and wasteful expenditures are curbed.
Address Supply Chain management enquiries to ensure correct implementation practices and policies.
•Liaison with the internal/external auditors and assisting management with resolution of audit queries
•Effecting final authorization of payments of invoices on LOGIS system
•Ad Hoc duties
Key achievements/projects
•Based on the excessive amounts on NHLS accounts that the district was paying for, NHLS reconciliation was done on each invoice received.
•The district was able to identify patients that are on the invoice and not appearing the clinic registers and only pay for those patients that are on the clinic patient registers thus making savings on NHLS accounts.
•The payment to service providers were processed within the 30 days’ payment cycle in line with the Departmental prescript
Outline
The position was responsible to ensure that cost benefit analysis is done on leases versus outright purchase of machinery and equipment needed for operations. The asset register of the company had to be updated with newly acquired assets in order to be reflective of assets on the ground. The financial evaluation was to be conducted on capital investment project to give an indication of whether investments will yield desired results and thus increase shareholder value.
Key responsibilities
•Updating of various department’s monthly cash flows.
•Reconciling of the Lease Register to the trial Balance.
•Conducting the financial evaluation for the capex projects/proposals
•Assist with the loading of budgets for approved projects SAP system)
•Assist with the commissioning and verification process for the fixed assets.
•Others-Ad-Hoc
Key achievements/projects
•Based on the financial evaluation studies conducted, the company was able to invest in projects that increased shareholder value.
•The company received an unqualified audit opinion on assets
Outline
The positon responsibility was to conduct financial evaluation on capital projects to assist management in investing on projects that will yield positive results and increase shareholder value.
Key responsibilities
•Financial Evaluation of Capital Investment proposals
•Facilitate in the approval process capex proposals
•Assist in the consolidation of Transnet Freight Rail Company Capital Budget.
•Conduct post implementation audits on completed projects
•Monitoring of capex spending of major projects and informing management of any variances identified.
Reporting
•Compiling of investment reports to be submitted to Transnet Freight Rail Company Investment Committee.
•Compiling post implementation audits reports for Transnet Freight Rail company Investment Committee.
•Variances Report-Analysis of actual spending v/s planned expenditure
•Project status reports for management.
•Other Reports-Ad hoc
Key achievements/projects
The proposed reefer train project that was aimed at building specialised refrigerated wagons for transporting of citrus fruits from Limpopo to Cape Town was not done based on the financial evaluation of the team that I was part as it was found to be unprofitable and thus saving the company money
Key achievements/projects
The position was to do audit assignment to company clients on the compliance and effectiveness of their internal controls.
The position responsibilities involved compiling budget for various student organizations and monitoring spending on them.
Testing of incoming raw material, powder blends and finished products (tablets, syrups and capsules to ensure compliance to Medical Control council quality standards
Testing of incoming raw material, powder blends and finished products (tablets, syrups and capsules to ensure compliance to Medical Control council quality standards
Testing of the incoming raw materials used in the production process to ensure compliance with the acceptable quality standards.
•Conducting of the tests of the final product to ensure compliance with required quality standards before being placed on the market.
-Tshepo
Successfully managed to change career from Chemistry to Finance against all odds (universities) One of the top three students to receive merit bursary from Plascon Paints in the Faculty of Chemistry