Finance Department

FINANCE

Finance department is led by Mr Sheldon Goodall who is the Chief Finance Officer. He leads the department with a team of three managers responsible for different sections within the department, i.e. Mrs Bukelwa Dlodlo – the Chief Accountant, Mrs Funeka Mbaliswana – Budget & Treasury, Noluvo Maki – Supply Chain Practitioner.

 Mission Statement of Finance

The Budget and Treasury office of the Elundini Local Municipality is committed to its mandate of providing a comprehensive financial management and advisory service to Council and all Directorates within Council. The directorate supports the Integrated Development Plan of Council through the achievement of a sound and sustainable financial environment from which Council can deliver services to all inhabitants of the municipality.

The Budget and Treasury Office is constituted by 5 sub-directorates, namely:

1.      Budget and Financial Accounting Office

Main Functions:

  • Directorate units support and consolidated accounting;
  • Capital Accounting and budgeting;
  • Financial accounting, control and systems development;
  • Financial Statements;
  • In year reporting;
  • Resolution of audit matters

2.      Office of Treasury and Financial Support

Main Functions:

  • Cash Management;
  • Investment of Funds;
  • Risk and asset management;
  • Liability Management
  • Advisory Services;
  • Projects, planning, development and administrative support;
  • Performance Management.

 

3.      Expenditure Management

Main functions:

  • Expenditure control; 
  • Creditors;
  • Salaries, wages and related expenditure.

4.      Supply Chain Management

Main Functions

  1. Acquisition Management;
  2. Warehousing and Inventory Management;
  3. Bid Administration;
  4. Contracts Control.

 

5.      Revenue Management and Customer Care

Main functions:

  • Metered Services;
  • Rates, services and miscellaneous;
  • Billing co-ordination;
  • Receipting;
  • Customer Care;
  • Debtor Management;
  • Credit Control

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