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Financial Officer – Mngmnt Accounting – NMB Ports – Transnet

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This advert is open for application by external applicants.

Equity Statement : Preference will be given to suitably qualified Applicants who are members of the

designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating

Division.

Applicants that are interested in applying for any of the advertised positions must apply by registering on the Careers section

of the Transnet Internet. Please take care in completing all required details on the profile, and then apply for the position.

Alternative Application Methods: (Completed Curriculum Vitae to be submitted)

Post :
E-mail : Human.Resources2@transnet.net

Fax :
The closing date is on 29.02.2016. It is the responsibility of the applicant to ensure that HR has received the application

before the closing date of the advertisement.

Note: if you have not been contacted within 30 days of the closing date of this advertisement please consider your

application as unsuccessful.

Any questions regarding the application or recruitment process should be sent in writing to

SIKHULULE.MALGHAS@TRANSNET.NET.

We urge all our employees, clients, members of the public and our suppliers to report any kind of fraud or corruption at

Transnet. Call the hotline toll free number: 0800 003 056 or email Transnet@tip-offs.com

Operating Division : Transnet NPA

Position Title : Financial Officer – Management Accounting – NMB Ports

Employee Group : Permanent

Department : FI, Management Accounting, PTH

Location : Port Elizabeth

Reporting To : Accountant

Grade Level : H2X

Reference Number : 10154591

Position Purpose :
To analyse, interpret and recommend in respect of income and expenditure characteristics, assisting with preparation

consolidation of the annual operating and capital budgets, accurate and timeous reporting of financial and statistical

information, assisting in compiling of financial models.

Position outputs :Compilation of Operational Statistics:

  • Vessel Register: Compile and prepare the daily Vessel Register of Arrival Departures of vessels calling at the ports.

Ensure validity, accuracy completeness of such information.

  • Berth Occupancy: Prepare monthly report on berth utilization.
  • Vessel Turnaround Time: Prepare monthly report on turnaround time of vessels.

Ensure accuracy of vessels report from ERP SAP according to vessel type and purpose of call by comparing information with

VTS report, forward necessary changes to Revenue department.

PLEASE NOTE: Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any

suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056.

Compilation of Commodity Statistics – Cargo Volumes invoiced, i.e. Containers, Break Bulk, Liquid Bulk and Dry Bulk, weekly

and monthly.(HQ Formats Port Specific formats)

Reconciled total marine invoicing against total port income statement and make necessary changes where applicable before

month-end.

Review income statement (Security, Engineering, Property, Marine Operations, Harbour Master) and forward all adjusting /

corrections to Financial Accounting (General Ledger) office for journals.

Reconciliation of SAP Modules FI CO.

Financial – Income Statement (Monthly): Compile Income Statement and reasons for deviations to HQ

Financial – Capital (Monthly):

  • Compile Capital Schedule and reasons for deviations to HQ.
  • Compile Capital Reports per Business Unit Manager.

Minor Works Capital: Managing process of allocation and keep track of Minor Capital to ensure adequate spending in terms

of Transnet Policies.

Prepare financial presentations for Business Units, i.e. EXCO presentation, OPCO presentation and ad hoc requests.

Perform monthly budget review meetings with Business Unit Managers (i.e. Engineering, Property, Marine Operations,

Harbour Master, etc.).

Assisting Business Unit Managers with compiling and submission of Capital Operational Budgets as well as facilitating the

annual budget workshop.

Calculation preparation of Obsolete Stock (Mid-Year and at Year End); Lease Smoothing adjustments as per IFRS

(Monthly); Calculation capturing of Labour Rates to be used in Maintenance Financial System (Beginning of new financial

year) as well as any other financial calculations required.

Perform various reconciliations, i.e. Property Lessees (Rental Income, Ancillary Municipal Recoveries), Labour Head Count,

Electricity Water Consumption, Marine Diesel consumption, Repairs Maintenance, Research Development, etc.)

Provide inputs into tariff model.

Perform Financial Evaluations and compiling of Financial Models

Prepare requisitions for Non Stock and Stock Items.

Perform CAPIC secretarial duties.

Qualifications Experience :

  • M + 3 (Cost Management Accounting or Equivalent)
  • At least 3 – 5 years’ experience in Finance field / environment.

Other Requirements:
Microsoft Software Packages, i.e. Excel, Word PowerPoint

Competencies :

  • Strategic awareness
  • Business Orientated
  • Pro-Active / Initiative
  • Reliable
  • Results Orientated
  • Output Driven
  • Change Orientated
  • Accurate
  • Decisive
  • Helpful

Knowledge required:

  • Financial Systems (SAP)

PLEASE NOTE: Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any

suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056.

  • Cost and Financial Accounting
  • Budgeting/Budgetary Monitoring
  • Tariffs Costing
  • Spread sheeting Techniques
  • Reconciliations
  • General Accepted Accounting Principles / International Financial Reporting Standards
  • Financial Statements and Reporting

Skills Required:

  • Have a strong proficiency for data analysis and data modelling skills.
  • Be innovative and pro-active.
  • High level communication skills
  • Have problem-solving and analytical skills.
  • Figure Orientated
  • Decision Making
  • Lateral Thinking
  • Report Writing
  • Computer Literate
  • Be client service orientated

PLEASE NOTE: Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any

suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056.


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