project accountant
1 week ago
The Project Accountant is mandated to take responsibility for all aspects of project-related finance matters of the CDC. The primary objectives of the role are to maintain adequate and proper project accounting records, be responsible for all aspects of project financial management, and coordinate submissions and reports related to project-related matters
MANDATE
Provides timeous, relevant, reliable and meaningful project-related financial information. Reports internally to management and externally to clients on a monthly and quarterly basis
DESCRIPTION
KEY PERFORMANCE AREAS
Project Financial Management:
- Provides timeous, relevant, reliable and meaningful project-related financial information
- Coordinates the budget preparation and approval processes (including monthly, quarterly and annual budgeting) within the relevant business units
- Reports internally to management and externally to clients on a monthly and quarterly basis
- Prepares and submits funding applications to client departments
- Prepares ad hoc reports as requested by clients
- Attends meetings / briefing sessions as requested by clients
- Conducts cashflow analyses and reports on projections
- Ensures financial compliance with the relevant legislation and regulations
- Maintains general ledger accounts of the programmes
- Prepares reconciliations of accounts of the programmes
Project Risk Management:
- Provides input in the identification of project-finance risks and the implementation of risk mitigations
- Implements the projects / programmes reporting framework as per clients' SDA's
- Reviews and enhances programmes' internal controls
Budget Management:
- Prepares and maintains the client's commitment registers and ensures accurate expense capitalisation
- Prepares management fees for billing and follows up on collections thereof
- Ensures budgets are aligned to the strategic plan
- Monitors project budgets i.e. actuals against approved budgets and analyses variances
- Ensures timeous payments of service providers
Audit Coordination:
- Reviews project audit files in preparation for internal and / or external audits
People Management:
- Manages subordinates in line with company policies
- Fosters a suitable and supportive environment conducive to staff development and the achievement of Departmental objectives
- Implements staff development and training to achieve the unit and organisational objectives
- Develops annual performance plans and assigns works in accordance with plans to staff members
- Implements performance management and monitors the performance of subordinate staff
- Participates in the recruitment and selection of subordinate staff
COMPETENCIES AND REQUIREMENTS
- Bachelor of Commerce Degree with major in Accounting, any related or equivalent.
- Post Graduate qualification in Financial Accounting advantageous.
- Completed articles will be an added advantage.
- 3 to 5 years' experience in Financial Management / Accounting
- Experience in working on an ERP system (Oracle would be advantageous).
- Experience in project finance would be advantageous.
- Working knowledge of PFMA and supply chain legislation would be advantageous.
- Highly analytical
- Strong financial, quantitative and numerative skills
- Strong organisational, planning and task management skills
- Attention to detail
- Good problem solving abilities
- Ability to work independently with minimum supervision
- Good communication skills
- Results driven
- Intermediate to advanced proficiency in MS Office especially Excel
- Familiarity with software such as Pastel and Oracle
PERFORMANCE MANAGEMENT
Performance is monitored regularly at both an individual and a team level, in accordance with the CDC's performance management system and control measures relevant to the position.
COMPLIANCE AND ETHICS
The incumbent is required to:
- Uphold the CDC's Code of Conduct and Ethics Policy, demonstrating ethical behaviour and contributing to good corporate governance.
- Actively participate in and adhere to the CDC's Quality, Safety, Health, Environmental, Information Security and IT Service Management System (SHEMS) policies and procedures. This includes a responsibility for identifying and reporting potential risks and incidents related to safety, security, and quality, and for contributing to the ongoing improvement of the CDC's SHEMS.
- Be familiar with and adhere to the CDC emergency preparedness plans.
- Maintain confidentiality regarding CDC trade secrets and Information Security policies.
- Obtain prior written permission for any business or pursuit outside of the CDC that may conflict with the CDC's interests, including immediate family members working for a direct competitor, adhering to the CDC's Conflict of Interest Policy.
This job description outlines the primary responsibilities and key performance areas of the role. It is not intended to be an exhaustive list of all duties and tasks.
CLOSING DATE: 02 December 2025
CDC is an employment equity employer and placement will be in accordance with our Employment Equity Plan.
The appointment of candidates is subject to the verification of all credentials (employment history, educational, financial, criminal and any other checks as may be necessary). Please note that only shortlisted candidates will be contacted, and if you have not heard from us within one month of submitting your application, please consider it unsuccessful.
CDC reserves the right not to make an appointment to any advertised position. No late applications will be considered.
All applications must be forwarded to
LOCATION: Gqeberha
EMPLOYMENT TYPE: PERMANENT
GRADE: D1
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