Job Ref #: Financial Manager
Industry: Gambling
Job Type: Permanent
Positions Available: 1

Job Description

WESTERN CAPE GAMBLING AND RACING BOARD

 

The Western Cape Gambling and Racing Board (Hereafter referred to as the Board)– an Equal Opportunity Employer - is a statutory body established in terms of section 2 of the Western Cape Gambling and Racing Act, 1996. The Board is responsible for the regulation, monitoring and control of the gambling, horseracing (Totalisator), and betting industry in the Western Cape. The Board invites applications for the following vacant position:

 

 

FINANCIAL MANAGER

 

The purpose of this position is to manage and control the implementation of budget policies, systems and procedures, financial statement processes, assets and financial management information system and internal control procedures to ensure legislative compliance and sound financial management practices.

Job Requirements

The minimum requirements are:

 

• A Bachelor's Degree (NQF Level 7) in Accounting, Financial Accounting or an equivalent relevant qualification, with Financial Accounting as a major subject.
• Five years or more relevant experience in financial accounting, financial reporting and budgeting, including the preparation of Annual Financial Statements, of which at least two years must have been gained in a public-sector environment operating within the PFMA or MFMA legislative framework.
• Alternatively, candidates registered as Chartered Accountants (South Africa) [CA(SA)] with at least five years' relevant external audit experience, including experience auditing Annual Financial Statements of entities subject to the PFMA or MFMA, will also be considered.
• A minimum of five years' experience in a supervisory or management capacity.
• Demonstrable technical knowledge and practical application of the Standards of Generally Recognised Accounting Practice (GRAP), the Public Finance Management Act (PFMA), Treasury Regulations and applicable public-sector financial reporting requirements.
• Advanced computer literacy, particularly in Microsoft Excel and other Microsoft Office applications.

   

  The successful candidate will report to the Chief Financial Officer and must demonstrate strong technical accounting, analytical and problem-solving abilities; sound knowledge of financial management and internal controls; excellent communication and report-writing skills; effective planning and organisational skills; proven leadership and supervisory capabilities; attention to detail; and the ability to work independently, manage competing priorities and meet strict reporting deadlines.

   

   

• The following qualifications, knowledge and experience will be a distinct advantage: Registration as a Chartered Accountant (South Africa) [CA(SA)]; completion of SAICA or equivalent professional accounting articles; a relevant postgraduate qualification in Accounting, Financial Management, Management Accounting or Financial Auditing; proven hands-on experience in preparing complete GRAP-compliant Annual Financial Statements, including disclosure notes and supporting schedules; practical experience using CaseWare or similar financial reporting software; a valid Code B driver's licence; experience coordinating external audits and engaging with the Auditor-General of South Africa; and experience managing a financial accounting or financial reporting team within a public-sector environment.

 

 

The key performance areas of this position will include, inter alia:

 

• Manage and oversee the preparation of the Board's Annual Financial Statements in accordance with GRAP and applicable legislative requirements.
• Provide technical accounting guidance, interpret applicable accounting standards and ensure the appropriate accounting treatment of transactions.
• Manage the preparation, monitoring and reporting of the Board's annual operational and capital budgets, including medium-term expenditure planning.
• Oversee monthly, quarterly and annual financial reporting, including financial analysis, budget variance reporting and submissions to relevant oversight authorities.
• Manage the Board's financial accounting processes, reconciliations, financial management information systems and related internal controls.
• Oversee asset accounting and asset management processes, ensuring accurate accounting records and compliance with applicable requirements.
• Coordinate external audit processes, liaise with the Auditor-General and oversee the resolution of audit findings.
• Supervise, develop and manage staff within the Financial Services Department, ensuring effective performance and service delivery.
• Develop, maintain and oversee the implementation of financial policies, procedures and internal controls to ensure sound financial governance and compliance with applicable legislation.

 

Remuneration

           

The Board offers an all-inclusive salary package of R 1 101 468.00 per annum (including 13th cheque).

Please note that applications received via email will not be accepted.

Closing Date: 6 November 2026

Enquiries can be directed to Ms S Sixubane at sweetness@wcgrb.co.za 

 

Correspondence will be limited to shortlisted candidates only. If you have not been contacted within four (4) weeks of the closing date, please accept that your application has been unsuccessful. The Board reserves the right not to make an appointment.

All shortlisted candidates will be required to complete a technical exercise to assess their job-related technical knowledge and skills. Details of the exercise will be communicated by the Board.

Following the interviews and technical exercise, recommended candidates will undergo a competency assessment in accordance with the Board’s Recruitment and Selection Policy.

Shortlisted candidates must be available to attend interviews and assessments on the dates and at the times determined by the Board. The successful candidate will be required to undergo a probity investigation.

The Board supports both employment equity and affirmative action as contained in its employment equity plan and affirmative action policies and targets, and the position will be filled per the relevant plan and policies.

 

To consider any employment application, we will have to process your personal information.

A law known as the Protection of Personal Information Act, 4 of 2013 (POPIA) provides that when one processes another’s personal information, such collection, retention, dissemination, and use of that person’s personal information must be done lawfully and transparently.

In order to give effect to this right, we are under a duty to provide you with a number of details pertaining to the processing of your personal information. These details are housed under the HR Processing Notice, which can be accessed and viewed on the WCGRB website, https://www.wcgrb.co.za/notices/, which HR Processing Notice we request you kindly download and read.