INDUCTION WORKSOP FINANCE & BUSINESS SYSTEMS Bishen Singh 20 May 2014

Overview Objective of business unit High level goals Structure Functional Overview Funding Overview PFMA and Good Governance Contact details

business systems to support the NRF in achieving its Objective To provide appropriate financial and business systems to support the NRF in achieving its mandate and vision 3

NRF Officers, i.e. All of us Accounting Authority: NRF: 3A public entity NRF Officers, i.e. All of us P NRF CFO Accounting Officer: NRF President / CEO Accounting Authority: NRF Board Executive Authority: Minister Extension of a government department Mandate to fulfil a specific economic or social responsibility Reliance on government funding Have the least autonomy NRF is audited by the Auditor General and reports to Parliament via the DST 4

Strategic goals Implement new and enhance existing business critical systems with focus on efficiency and effectiveness; Cooperate effectively with all stakeholders to ensure NRF financial resources are appropriately deployed and managed with outcome / impact focus; Ensure economies of scale, promote efficiencies and cost savings initiatives with a view to organisational financial sustainability; Ensure good governance practices are entrenched in the organisation thus ensuring compliance with the PFMA and other relevant legislation. 5

Structure NRF CEO Bishen Singh Group Exec: Finance & Business Systems Maureen Sullivan PA: FBS Corporate Governance Corporate Finance & SCM Corporate ICT Corporate Knowledge Mgt Faranah Osman Ron Grace Wojtek Skowronsky Daisy Selematsela

Management Accounting Business Intelligence Performance Reporting Functional Overview Financial Accounting Management Accounting SCM CORPORATE FINANCE Sustainability Internal Audit Risk Management Business Intelligence Performance Reporting GOVERNANCE Finance & Business Systems Records & Document Mgt Library & Information Services Data, Content & Curation Bibliometrics & Scientometrics KNOWLEDGE MANAGEMENT IT Governance Systems Development Infrastructure INFORMATION COMMUNICATION TECHNOLOGY

Funding trend  R4 billion  Government NRF Funding Overview Funding trend  R4 billion  Government Then Now Core MTEF DesignatedOther 70% 25% 5% 45% 50% 5% 8

PFMA MTEF cycle PFMA under review Cost containment instructions Revised National Treasury regulations issued from time to time NRF updated Financial and SCM policies (Intranet – NRF Policies)

Key Performance Indicators (KPI’s) Funding linked to Performance Key Performance Indicators (KPI’s)

Good governance In the NRF, we take good governance very seriously… supported by Code of Ethics & Business Conduct Telephone : 0800 701 701 toll-free Fax : 0800 204 965 toll-free Post : PO Box 582 Umhlanga Rocks 4320 E-mail : integrity@gobodohotline.co.za Walk-in disclosures at any office of the PSC 12

Chief Financial Officer GE: Finance & Business Systems Contact Details Bishen Singh Chief Financial Officer GE: Finance & Business Systems Telephone : (012) 481 4038 Cell phone : 082 940 1295 E-mail : bishen@nrf.ac.za

Enkosi, Thank you, Re a leboga, Siyabonga, Dankie