West Rand Financial District Municipality Internship 2024

Apply now for the West Rand Financial District Municipality Internship 2024. The West Rand District Municipality, with its seat authority in Randfontein, invites suitable qualified candidates to apply for the vacant positions. 

The MFMIP is a structured professional training and work experience programme with the goal of providing high quality training and practical exposure in all aspects of a Municipal Budget and Treasury Office which is governed by the Municipal Finance Management Act, Act 56 of 2003 and the underlying reforms.

The programme has a logical training sequence that builds on the skills and competencies acquired during University and Technikon training.

It ends with a qualification in Municipal Finance Management in line with the Municipal Regulations on Minimum Competency Levels, Gazette 29967 of 15 June 2007

REQUIREMENTS

Matric

A three-year Bachelor's Degree or National Diploma with majors in Accounting, Economics, Finance, Risk Management and/or Auditing,

• Ability to manage a variety of tasks simultaneously. Ability to work under pressure. Computer literacy, especially Excel.

The intern will sign both an employment contract and an internship agreement. The purpose of the agreement is to ensure commitment to the programme which require, amongst other, full participation in the educational and workplace assignments and observance of policies and procedures of the municipality. The candidate must be between the ages of 21 and 35.

Key Performance Areas (KPAs)

Financial Reporting and Analysis:

Data Management and Accuracy:

  • Access system information to support budgets and financial statements.
  • Perform calculations and adjustments to accounting entries.
  • Reconcile and consolidate accounting transactional information.
  • Prepare and submit schedules for reporting purposes.
  • Collate general information to ensure timely and compliant presentation.
  • Check expenditure and income accuracy on ledger reports.
  • Extract and refer queries to the supervisor for clarification.

Budgeting and Forecasting:

  • Update budget information systems with accurate data.
  • Apply formulas to calculate expenditure and income trends.
  • Balance Sheet Reconciliation:
  • Reconcile and consolidate transactional information.
  • Cross-check totals and entries for verification.

Journal Entries and Adjustments:

  • Process adjustments or journals to balance ledgers.
  • Ensure income and expenditure ledgers are balanced.
  • Financial Statement Preparation:
  • Prepare asset register and conduct asset verification.
  • Conduct stock count and calculate account balances.
  • Summarize information for financial statement preparation.
  • Submit completed schedule of accounts.

CLOSING DATE: 15 April 2024 @ 12:00

Applications must be hand delivered for the attention of the Manager: Human Capital, West Rand District Municipality, cnr Sixth & Park Streets, Monday to Friday between 07:30 and 16:00.

(a container for hand-delivered applications will be placed at the HR section); or posted to Private Bag X033, Randfontein, 1760

ME Koloi MUNICIPAL MANAGER

Private Bag X033, RANDFONTEIN 1760 Cnr 6th & Park Street, RANDFONTEIN

Tel: (011) 411-5000/412-2701 Fax: (011) 412-3663 Email: admin@wrdm.gov.za Website: www.wrdm.gov.za. 

1. Applications for the above position must be accompanied by a detailed CV with originally certified copies of qualifications, ID document and a fully completed application form which is available on the WRDM website, www.wrdm.gov.za. No electronic or faxed applications will be considered. 2. Fraudulent qualifications or documents will immediately disqualify any application.

3. Applicants who are not invited for an interview within one month of the closing date, kindly assume that your application was unsuccessful.

4. Candidates will be required to produce original copies of their academic qualifications on the day of the interview.

5. The Council is an equal opportunity employer and subscribes to an employment policy which is non-facial, non-discriminatory, non-sexist and based on merit.

6. The WRDM reserves the right not to make an appointment.

7. Enquiries: Human Capital (011) 411-5102/5114/5098

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