Tel: +27(0) 12 754 9711 info@scb-consulting.co.za

 

FINANCIAL MANAGEMENT SUPPORT

  • Evaluating the effectiveness of municipalities’ finance functions in supporting the delivery of the core local government mandate
  • Assisting municipalities to implement structures, process, technology and skills development to enhance revenue
  • Assist with determination of Tariffs
  • Guiding municipalities on best options, methods and systems to forecast and manage cash flow
  • Advising on best options for supply chain management to ensure compliance and efficiency to support service delivery
  • Providing contract management solutions aimed at reducing municipalities exposure and optimising benefits
  • Working with municipalities to reduce the administrative burden of reporting to multiple stakeholders that require similar information for example the various Regulators, National Treasury and other Governmental Departments
  • Providing innovative solutions to reduce the time taken to effect year end close and to improve the quality of annual financial statements
  • Assist municipalities with the development of Audit Action Plans
  • Clearing audit queries and assist with management comments
  • Clearing suspense accounts
  • Confirm adequacy of Bank Reconciliations
  • Confirm adequacy of Debtors Reconciliations
  • Confirm adequacy of Creditors Reconciliations
  • Perform Supporting Documents Reconciliations (Strong Room vs GL)
  • Compile GRAP Annual Financial Statements
  • Compile Audit File for GRAP AFS
  • Reconcile new assets additions on Fixed Assets Register to General Ledger
  • Assist in developing GRAP compliant Fixed Assets Registers
  • Management of Grants Management Registers
  • Assist municipalities with bonus and leave provision calculations as per GRAP 19
  • Provide assistance in interpreting and Implementation of GRAP Standards
  • Development of turnaround strategies
  • Financial reporting (GRAP and modified cash basis)
  • Development of financial systems and controls
  • Providing VAT Recovery
  • Providing governance systems