POSITION TITLE: FINANCE OFFICER
GRADE: G
RESPONSIBLE TO ASSISTANT FINANCE MANAGER
MAIN PURPOSE OF THE JOB
Under the general supervision of the Assistant Finance Manager, the incumbent is
responsible for revenue collection, banking of cash, prompt payment of suppliers of goods, services and works, keeping proper records for revenues, expenditures, assets and liabilities, and supervising subordinate accounting staff.
MAIN DUTIES
1. To supervise payment process
1.1 Checks supporting documents against the payment vouchers
1.2 Approves, print and sign payment voucher
1.3 Unholds the payment
1.4 Submits payment vouchers for examination
1.5 Distributes cheques
2. To supervise and account for revenue and trust monies collected
2.1 Receives and registers receipt books and revenue stamps
2.2 Issues receipt books and revenue stamps to revenue collectors
2.3 Checks that revenue collected corresponds with receipts issued
2.4 Accounts for cash collected and receipt books issued
2.5 Analyses revenue collected according to the denominations
2.6 Books revenue collected into the system
2.7 Keep proper record of all financial transactions related to, but not limited to, revenues,
expenditures, assets and liabilities, under his/her responsibility
2.7 Issue acknowledgement receipts
3. To bank revenue collected
3.1 Prepares collector’s statement and deposit slips
3.2 Deposits collections in the bank
3.3 Accounts for deposits through bank confirmation slips
4. To supervise staff
4.1 Implements sectional annual operational plan.
4.2Ascertains implementation of individual work plans
4.3 Conducts annual performance appraisals on individual supervisees to assess their
performance against the set standards and to identify training and development needs.
4.4 Organise training for accounting staff
4.5 Implements the budget
4.6 Disciplines staff under his/her supervision
JOB SPECIFICATIONS
Education and Training
Bachelor of Commerce (Accounting), or Bachelor of Accounting, or recognized equivalent
accounting degree
Plus
Three (3) years working experience in an accounting/finance related field
Or
General Accountant or recognized equivalent professional accounting qualification
Plus
Two (2) years working experience in an accounting/finance related field
Membership of a recognized professional body is essential.
Other Relevant Knowledge
• Familiarity with the Generally Accepted Accounting Practice (GAAP), especially the
International Public Sector Accounting Standards (IPSAS) and International Financial
Reporting Standards (IFRS), is essential
• Familiarity with the Integrated Financial Management and Information System (IFMIS)
is an added advantage
• Knowledge of Public Service Act and Regulations is an added advantage
• Knowledge of Procurement Regulations, Treasury Regulations and Public Financial
Management and Accountability Act is an added advantage
• Computer literacy is essential
Applications on G.P.104 for serving officers and G.P. 103 for job seekers together with
certified copies of certificates, transcripts and references should be addressed to:
The Principal Secretary
Ministry of Trade & Industry
P.O. Box 747
Maseru 100
NOT LATER THAN 10th November, 2017
