Chief Financial Officer

The Chief Financial Officer is responsible for the financial management of the Municipality. This department consists of, but is not limited to the following:

·      Annual budgets and financial statements;

·      Investments and cash flow management;

·      Administration of general ledgers and funds;

·      Asset Management, including insurance of assets;

·      Administration of income and expenditure;

·      Administration of all finance related policies;

·      Payroll administration

Objectives: 

·      To ensure a fully capacitated organizational structure to address powers and functions, roles and responsibilities.

·      Initiate priority skills acquisition in line with JIPSA

·      To accommodate customer care functioning within office space requirements

·      To ensure that Phumelela Local Municipality remains financially viable through:

·      Ensuring that all properties are on the valuation roll and receiving Municipal services and are properly recorded on the billing database

·      Tariffs are modelled on cost recovery

·      Reduced outstanding debts

·      Improving debt collection rate in line with National norms

·      Reduced debt turnaround period in line with National norms

·      Enhanced revenue base

·      To enhance financial management practices within Phumelela Local Municipality to sustain the institution as a going concern

·      Ensure 100% receipt of funds registered in the DoRA

·      Address all matters associated with audit report

·      Present Annual Financial Statements to Auditor – General in compliance with section 126 of MFMA

·      Strengthen oversight function and performance of SDBIP