The Eskom YES Program is a vital public-private initiative led by the Presidency to tackle the youth unemployment crisis in South Africa. Eskom is proud to contribute to this effort by offering work opportunities to unemployed youth.

As part of the Broad-Based Black Economic Empowerment (BBBEE) definition, this initiative aims to provide young South Africans with life-changing first work experiences in the dynamic energy industry.

Eskom YES Program Overview

  • Vacancy type: External/Internal
  • Task Grade: YY1
  • Area of Specialization: Various tasks within the finance department
  • Department: Finance
  • Business Unit: Finance
  • Location: Various (MWP x4, DBN x4, CPT x2)
  • Reference Number: EH03072024
  • Closing Date: 7/11/2024

Minimum Requirements

  • Citizenship: Must be a South African Citizen
  • Age: Between 18 to 34 years old
  • Education: Grade 12 with Maths & Accounting
  • Work Experience: No prior work experience required

Skills and Competencies

To succeed in this role, candidates should possess the following qualities:

  • Honesty: A commitment to truthful and transparent conduct.
  • Integrity: Upholding high ethical standards in all actions.
  • Professionalism: Conducting oneself in a manner that reflects positively on Eskom.
  • Accountability: Taking responsibility for one’s actions and decisions.

Key Responsibilities

As a participant in the Eskom YES Program, your responsibilities will include various tasks within the finance department. These tasks are designed to provide a broad understanding of finance operations and contribute to your overall professional development. Below are some of the key responsibilities you will be expected to undertake:

  1. Financial Data Entry and Management:
    • Accurately entering financial data into the company’s financial systems.
    • Maintaining and updating financial records to ensure they are current and accurate.
    • Assisting with the preparation of financial reports and statements.
  2. Accounts Payable and Receivable:
    • Processing invoices and ensuring timely payment to vendors.
    • Managing customer invoices and tracking payments.
    • Reconciling accounts payable and receivable transactions.
  3. Budgeting and Forecasting:
    • Assisting in the preparation of budgets and financial forecasts.
    • Monitoring budget implementation and expenditures.
    • Providing support in analyzing financial performance against budgets and forecasts.
  4. Auditing and Compliance:
    • Supporting internal and external audits by providing necessary documentation and information.
    • Ensuring compliance with financial regulations and company policies.
    • Assisting in the implementation of audit recommendations.
  5. Financial Analysis:
    • Conducting financial analysis to support business decisions.
    • Preparing reports on financial performance, trends, and variances.
    • Identifying opportunities for cost reduction and efficiency improvements.
  6. Cash Flow Management:
    • Assisting in managing the company’s cash flow to ensure adequate liquidity.
    • Monitoring cash transactions and preparing cash flow forecasts.
    • Reconciling bank statements and managing petty cash.
  7. Financial Systems Support:
    • Supporting the implementation and maintenance of financial software and systems.
    • Providing user support and troubleshooting system issues.
    • Assisting in the training of staff on financial systems and processes.
  8. General Administrative Duties:
    • Providing administrative support to the finance department as needed.
    • Assisting with filing, document management, and correspondence.
    • Supporting special projects and initiatives within the finance department.

Professional Development Opportunities

In addition to these responsibilities, participants in the Eskom YES Program will have the opportunity to:

  • Receive Mentorship: Work under the guidance of experienced finance professionals who will mentor you throughout your tenure.
  • Attend Training Sessions: Participate in training sessions aimed at enhancing your financial knowledge and skills.
  • Network with Industry Experts: Engage with professionals across different departments and build a valuable network within the energy sector.
  • Gain Practical Experience: Apply theoretical knowledge in real-world scenarios, preparing you for future career opportunities in finance.

Application Process

  • If you meet the requirements listed above and are eager to seize this opportunity, please apply before the closing date of 7/11/2024.
  • The recruitment process will identify candidates who demonstrate the qualities and potential to thrive in our organization.
  • If you have not been contacted within 28 days after the closing date of this advertisement, please accept that your application was unsuccessful.
  • Successful candidates will be offered a 12-month contract.

Related: Registering on the ESSA Labour Database for Government Jobs

Selection Criteria

  • Employment History: Should not have been employed permanently with a single employer continuously for more than 1 year.
  • Education: Should not be studying full-time in the year of employment.
  • Previous Participation: Should not have participated/registered in the YES initiative before.
  • Recruitment Process: Applicants will undergo a recruitment process, and successful candidates will be placed in Eskom Operations across the Cluster.

Take the first step towards a rewarding career with Eskom. We look forward to welcoming you to our team and supporting your professional growth. Apply today and become part of the solution to South Africa’s youth unemployment challenge.