- Created on Tuesday, 08 May 2012 07:54
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South Africa has a shortage of accountants especially black accountants. In response to this shortage Transnet has developed its own CA Training (CAT) learnership Programme. This is a strategic intervention to train prospective Chartered Accountants to meet the skills requirements of South Africa in the Accountancy field.
The CAT Programme at Transnet is a three year learnership programme for candidates who have a Certificate in the Theory of Accounting (CTA) / B Compt Hons or equivalent.
The stringent requirements of SAICA demand that trainees receive extensive training in Financial Management, Management Decision-Making, Financial Accounting, Internal Audit & Corporate Governance, Auditing & Assurance and Taxation. This also includes professional skills like interpersonal & communication skills, intellectual skills, personal skills, and organizational & management skills.
Trainees who qualify for the programme will be rotated to the head office and several of its business units, e.g. Transnet National Ports Authority, Transnet Pipelines, Transnet Freight Rail, etc. The rotation will be tailored to meet the needs of the trainee and the respective business unit, with the trainee spending at least one-third of the practical training in one business.
The training programme matches the depth of the SAICA syllabus requirements with a wide business exposure.
The minimum entry requirement is the Certificate in Theory of Accounting (CTA) and each applicant must also
demonstrate:• Consistent progress in their accountancy studies,
• Strong verbal communication skills, and
• Analytical ability
Transnet will offer trainees industry level support to ensure their success in the programme.
The training programme will provide for:
• Study leave for the board exams;
• Supplementary courses;
• General business management training;
• Exam technique courses, revision courses for the board exams;
Trainees are assigned mentors from the CA’s within the Transnet Group. These mentors have volunteered their time, passion and dedication to the success of the programme and the trainee accountants. They provide leadership, empowerment, guidance and advice to trainee accountants on their career path.
Supervisors are the line managers who ensure that training takes place. They are responsible for the day to day training, workstation, timesheet and leave authorization, and attendance of assessment meetings. They also provide career guidance to trainees.
For more information contact the CA Training (CAT) Department, Transnet Group Financial Services at +27 11 308 2246