Newcastle Local Municipality Internships: 2024 Finance Management Grant
The Newcastle Local Municipality is looking for dynamic and enthusiastic graduates who possess a strong academic background in Accounting, Economics, Finance, Risk Management, or Auditing. Candidates must be eager to contribute to the implementation of key financial regulations and reforms within the municipality. If you're passionate about finance and public service, this internship is an ideal opportunity to kickstart your career.
Job Details
- Position: Finance Management Grant Interns (4 Positions)
- Remuneration: R 100,000.00 per annum
- Location: Newcastle, KwaZulu-Natal
- Department: Budget and Treasury Office
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About Newcastle Municipality
Newcastle Local Municipality, located in the northern region of KwaZulu-Natal, is a key administrative hub with a strong commitment to sustainable development and community empowerment. The municipality plays a vital role in the governance and management of resources, ensuring the delivery of essential services to its residents. With a focus on economic growth and social development, Newcastle Municipality is dedicated to creating opportunities for young professionals to gain practical experience and contribute to the community.
Job Description
As a Finance Management Grant Intern, you will work closely with mentors in the Budget and Treasury Office. Your role will be integral in supporting the implementation of the Municipal Finance Management Act (MFMA), its regulations, and associated reforms. You will assist accountants in various finance units, ensuring compliance with national financial standards and contributing to the efficient financial management of the municipality.
Key Responsibilities:
- MFMA Implementation: Assist mentors with the implementation of the MFMA and related regulations.
- Reporting: Help in preparing and submitting returns and reports to the National Treasury and other government bodies.
- Annual Financial Statements: Assist in the preparation of annual financial statements and related reconciliation tasks.
- Budget Preparation: Support the preparation and adjustment of municipal budgets.
- Documentation Management: Collate and prepare documentation for payments, including service providers and salaries.
- Audit Assistance: Contribute to the compilation of the audit working paper file.
- Revenue Management: Provide support in revenue management functions.
- Asset Management: Assist in the implementation of asset management standards and policies.
- Supply Chain Management: Provide assistance in the Supply Chain Management section as per legislative requirements.
- Rotation: Be prepared to rotate across various finance units as needed.
Qualifications and Experience
- Education: Three-year Bachelor’s Degree or National Diploma with majors in Accounting, Economics, Finance, Risk Management, and/or Auditing.
- Experience: Previous experience is not required, but a strong academic background in the relevant fields is essential.
How to Apply
To apply for this internship opportunity, candidates must submit their CVs along with the following documents:
- Certified Copies of Qualifications: Ensure all academic qualifications are certified.
- Proof of Residence: Submit proof of your current residential address.
- Affidavit: Provide an affidavit confirming that you have not previously participated in any government-funded internship programme.
Submission Details:
- Where to Submit: Newcastle Municipality Training Centre
- Contact Number: 034-329-6005
- Closing Date: 21 August 2024
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