Ngqushwa Local Municipality

Budget and Treasury Department

Chief Finance Officer

Mr Tinashe Fortune Fundira

Ms Onesimo Kili

Secretary

The department is responsible for providing strategic direction on financial planning, management, and accounting as well as guidance and support to the senior managers within the Municipality regarding the implementation of and compliance with the Municipal. Finance Management Act and related Treasury Regulations. The Department is also responsible for the following:

  • Establish/maintain an efficient and transparent system of financial management and internal controls to ensure sound financial control by developing, implementing, and monitoring financial control systems;
  • Establish/maintain appropriate policies, systems, and procedures to ensure effective and efficient management of resources by maintaining updated financial guidelines and ensuring adherence to these policies & procedures;
  • Prepare financial statements for each financial year by the generally recognized accounting practices by ensuring the production of financial reports of the Municipality as well as providing oversight and management of reconciliations of sundry and suspense accounts;
  • Ensure that revenue and expenditure of the Municipality are by internal controls (budgets) and legislative prescripts governing finance within the Municipality by maximizing revenue collections, optimizing expenditure, monitoring cash flow as well and ensuring that expenditure is within allocation limits;
  • Follow up on the implementation of actions resulting from the Audit Committee and Auditor-General’s reports by developing an effective implementation strategy for the implementation of corrective measures;
  • Effective management of Supply chain management.

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