Financial Accountant – Universal Service and Access Agency of South Africa

The Universal Service and Access Agency of South Africa (USAASA) is
established in terms of the Electronic Communications Act 36 of 2005. USAASA
is an equal employment employer, supportive of the objectives of the
Employment Equity Act, and encourages suitably qualified individuals from all
groups including special designated groups to apply for the following position:

Financial Accountant
Salary (Level 12) R1 059 105.00 xv R1 247 574.00 per annum
(Ref 2025/07/30)

Key Purpose:
The main purpose of the Management Accountant is to generate the monthly and
annual management accounts, develop and run financial reports, present financial
analysis and findings on the reports and develop and implement the organisational
budget according to policy, the PFMA and statutory requirements

Key outputs:
Business Strategy Leadership
• Participate in the development of the strategically aligned departmental Annual
Performance Plan by the agreed deadline through providing inputs into the
development of a plan that delivers the strategic objectives, aligning
organisational resources with plan deliverables and managing the implementation
of the agreed deliverables by the agreed deadlines
• Resolve challenges hindering or threatening the successful achievement of the
departmental deliverables by monitoring departmental performance, identifying
areas of risk or challenges being faced and addressing these within agreed
challenge-resolution timelines
USAASA / USAF Internal Financial Reporting
• Produce USAASA and USAF management accounts by extracting relevant
reports from the system and preparing the reports in compliance with the
Accounting Standards and PFMA Treasury regulations on a monthly basis
• Prepare management account variance report by maintaining a working
knowledge of daily financial activities, analysing transactions and reports,
identifying anomalies and addressing issues on a monthly basis
• Resolve queries and issues as identified from the variance report and implement
corrective action on a monthly basis
• Compile management accounts and recommendations for reporting to Exco by
collating all reports and recommendations identified on a monthly basis
• Produce USAASA and USAF financial reports by extracting relevant reports from
the system and preparing the reports in compliance with the Accounting
Standards and PFMA Treasury regulations, comparing and evaluating against
monthly management accounts, identifying and addressing any issues or
anomalies arising and finalising the financial statements on an annual basis
• Compile financial reports and recommendations for reporting to Exco by collating
all reports and recommendations identified and verifying that the reports have been
prepared are compliant with the Accounting Standards and PFMA Treasury
regulations on an annual basis.
USAASA / USAF External Financial Reporting
• Submit all external financial reporting on time by developing and maintaining a
reporting annual plan detailing all required reports to individual institutions and
the required deadlines annually
• Prepare statutory financial compliance and progress reports by extracting
relevant and compliant (Accounting Standards and PFMA Treasury
regulations) financial reports, analysing information and variances, completing
required institution reporting templates (if required), obtaining approval as
required (monthly, quarterly, annually etc.)
• Maintain strong stakeholder relationships by engaging with stakeholders,
providing feedback, responding to queries and meeting deadlines annually
Budgeting
• Prepare the USAASA budget templates and guidelines by aligning with the
MTEF / Treasury templates and guidelines by July / August
• Train and support the relevant USAASA management staff to prepare their
budget submissions by communicating the templates and guidelines and
providing coaching and mentoring support annually July / August
• Prepare the USAASA / USAF consolidated budget complying with Accounting
Stands and PFMA Treasury regulations by collecting, reviewing and quality
controlling the departmental budgets, adjusting the departmental budgets to
align with the provisional Treasury allocation and communicating adjustments
to the individual departments by July / August
• Support the approval process of the USAASA / USAF consolidated budget by
preparing the Exco submission and supporting the CFO to obtain the approval
and incorporate any Exco adjustments by July / August
• Prepare the budget for National Treasury by incorporating any Exco
adjustments and finalising the template structures by July / August
• Finalise the budget for board submission by receiving the allocations from
National Treasury, adjusting the budget and reviewing alignment with the
adjusted APP for final Board approval in January
• Communicate the final approved budget to all departments by extracting
departmental information by January
• Provide support to the CFO and the board to facilitate the Ministerial and
Parliamentary approval of the budget and implement any adjustments if
required
• Manage the uploading of budgets into the financial management systems by
disseminating the budgets into the appropriate formats and overseeing the
accurate uploading of information by 01 April
Financial Interface
• Develop and maintain strong relationships with the Senior Financial Manager
and processing department by constructively reviewing and evaluating
processes and procedures, identify gaps and areas for improvement,
developing recommendations and supporting implementation of corrective
action on a monthly basis
• Review and analyse financial and variance reports to identify weaknesses and
areas for improvement in the business processes, develop recommendation
and corrective action plans and support implementation on a monthly basis
Audit and Risk
• Prepare for external and internal audit by preparing files and required
documentation on an annual basis
• Support the audit process by addressing queries, reviewing and answering audit
findings on an annual basis
• Manage the risk profile of the department by reviewing the departmental risk
register, developing and implementing action plans and reporting on progress
against action plans on a monthly basis
• Implement the corrective action as arising from audit recommendations by
developing and implementing action plans to address and resolve audit issues
on an annual basis

Minimum Requirements

Qualifications and Experience
– 3 year Accounting or equivalent tertiary qualification is required
– Articled Accountant or equivalent is required
– Extensive PFMA knowledge required
– Competent computer literacy levels
– 5 years financial management experience required
– 2 years in cost accounting, audit, finance experience will be an added advantage
– Public sector experience is preferential

Knowledge, Attributes and Skills
– Excellent interpersonal and communication skills (both written and verbal).
– Intensive knowledge of PFMA, National Treasury Regulations, Governance Policies
and Public Service Regulations.
– Knowledge and understanding of Corporate Governance systems and processes
best practice and its applications in South Africa.
– Knowledge and understanding of application of the regulatory environment in which
the ICT sector operate and its applications
– Problem-solving, and time-management abilities
– Proficient in the MS Office Suite
– High level of integrity and the ability to handle confidential information with discretion

Important:
Our sole purpose is to share new jobs in South Africa with our readers that seek employment. The job shown on this page, belongs to the Government department as seen on the listing.

Financial Accountant
Universal Service and Access Agency of South Africa
R1 059 105.00
Midrand
22 August 2025