1. INDUCTION WORKSOP FINANCE & BUSINESS SYSTEMS Bishen Singh 20 May 2014

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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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)

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

12. Good governance In the NRF, we take good governance very seriously…
supported by Code of Ethics & Business Conduct
Telephone : toll-free
Fax : toll-free
Post : PO Box 582
Umhlanga Rocks
4320
Walk-in disclosures at any office of the PSC 12

13. Chief Financial Officer GE: Finance & Business Systems
Contact Details
Bishen Singh
Chief Financial Officer GE: Finance & Business Systems
Telephone : (012)
Cell phone :

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