Certificate in Municipal Financial Management

 

The purpose of the qualification is to enable qualifying learners to apply strategic level of financial management competencies to ensure effective, efficient and economical utilisation of public funds and resources at local government level. Learners will develop competencies to manage strategic planning and budgeting processes, financial management processes and internal control, auditing and reporting processes. Individual learners will benefit through enhancing their personal competencies, knowledge and skills so as to be able to complete tasks required in their employment contracts and by legislation.
 
The course is delivered through block sessions over a period of 18 months. Detailed learning material is presented using  lectures, group discussions, case studies and activities. Learners are expected to complete classroom assignments, and present information during plenary sessions.
 
Target Audience:
  • Senior and Middle Managers
  • Qualification Rules
Level, credits and learning components assigned to the qualification
  • Level : NQF Level 6
  • Credits: Minimum of 166
Fundamental Component:
The Fundamental Component consists of two Unit Standards, one of which deals with consultation with stakeholders. Consultation is an important process in the setting and implementation of policy and procedures. This Unit Standard will enable learners to see the importance of consultation and provide them with the necessary skills to consult with stakeholders. 
 
The second Fundamental Standard deals with ethical behavior, which is vitally important for municipal officials if public administration is to have credibility amongst the broad public.
 
Both unit standards are compulsory.
 
US ID     Modules                                                                                           Credits

116348   Conduct a stakeholders consultation around municipal finance programmes              8

116343   Apply the principles of ethics in a Municipal environment                                           10

Core Component:
The Core Component consists of Unit Standards to the value of 136 credits, which deal with the core competencies required by municipal official in the areas of strategic planning and budgeting, financial management and internal control. All Standards are compulsory.
 
US ID     Modules                                                                                                                                              Credits
116345    Apply the principles of budgeting within a municipality                                                                                                             15
116342    Apply approaches to municipal income and expenditure within multi-year framework                                                              15
116340    Apply costing principles to municipal operation and service based costing                                                                                11
116339    Apply risk management in south African municipalities                                                                                                             10
116346    Apply techniques and South African statutes to cash and investment management in a  municipal environment                      10
116344 Apply the Inter-governmental Fiscal Relations Act to municipal finance management 10
116347 Contribute to capital planning and financing 15
116358 Contribute to the strategic planning process in a South African municipality 15
116362 Manage municipal assets and liabilities 11
116353 Participate in the design and implementation of municipal supply chain management 12
116364 Plan a municipal budgeting and reporting cycle 8
116363 Prepare and analyze municipal financial reports 12
Elective Component:
Learners are required to choose Unit Standards totaling a minimum of 12 credits from the Unit Standards from this
component, which will enable the learner to obtain specialist insight into such matters as the use of technology in municipal
administration, Internal Controls and Legislation and Performance Management.
US ID Modules Credits
116351 Conduct auditing planning and implementation in a South African municipality 12
116341 Conduct performance management to a South African municipal environment 12
116357 Design internal control and internal control evaluation framework 8
116361 Interpret South African legislation and policy affecting municipal financial management 8
116360 Municipal information technology resources in a municipal finance environment 8
Learning Outcomes:
By the end of the course Managers will be able to:
yy demonstrate knowledge and critical understanding of municipal finance issues in general, and their
areas of focus in particular
yy apply economic principles to municipal finance management
yy assess foundations and principles of municipal practice in South Africa
yy implement well-grounded and systematically developed principles in municipal financial management
yy offer solutions to municipal service management and delivery problems
yy engage with the broader field of municipal finance management
yy support as a strategic management leader in the field of municipal finance management
yy contribute to others` understanding of current and emerging municipal finance issues
yy demonstrate responsibility and adaptability as a professional in a municipality setting