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Project Accountant

Full Time
  • Full Time
  • Gauteng

Website South African National Energy Development Institute (Sanedi)

The South African National Energy Development Institute (Sanedi) was established in 2011 under the National Energy Act, 2008 (Act No. 34 of 2008). The Act provides for Sanedi to direct, monitor, and conduct energy research and development, promote energy research and technology innovation as well as undertake measures to promote energy efficiency throughout the economy.

Qualifications and Experience

  • Minimum Bachelor’s degree in Accounting or in Finance.
  • BCom Accounting Hons with articles will be advantageous.
  • Affiliation with SAIPA, SAICA or CIMA or ACCA will be advantageous.
  • Minimum 3 years accounting experience.
  • Prior experience working under tight schedules and pressures.
  • Prior experience in donor – funded projects will be advantageous.
  • Prior experience working on Dynamics 365 will be preferred.

Duties include but are not limited to: 

Strategic Management 

  • Responsible for the implementation of day-to-day finance operational plans.
  • Implement effective and efficient Risk Management system within the finance space.
  • Ensure that operational procedures, policies and standards are followed.
  • Identify, evaluate and communicate important Finance trends that are likely to impact the organisation.
  • Ensure that the Finance division complies with legislation, policies and contractual obligations.

Operations Management 

  • Assist with reviewing journal entries for accuracy and validity.
  • Constantly develop and enhance reporting tools and templates to increase effectiveness and efficiency of the finance unit.
  • Serve as the key point of contact between auditors and the finance team, coordinating and consolidating responses to audit queries related to project finances.
  • Review annual budget and process budget revisions based on need analysis.
  • Produce project financial information with the purposes of reviewing and controlling revenue and expenditure for management.
  • Maintain accurate finance record keeping, ensuring that all recorded transactions and documentation are completed as required.

Finance Management 

  • Maintain project accounts in an appropriate manner and track project costs according to activities and source of funds.
  • Develop project budgets in accordance with project charters, accounting standards and agreed timelines.
  • Implement and monitor commitment and control processes to ensure that funding is available to meet project expenditure and that invoices are paid on a timely basis.
  • Collaborate with Project Managers or funders to develop and integrate project performance indicators.
  • Prepare and review monthly variance reports, analysing actual expenditure against budget, and process budget reallocations within the accounting system as needed.
  • Assist with the compilation of the Annual Financial Statements of SANEDI and its projects.

Governance, Risk Management and Management Reporting 

  • Ensure that Monthly/Quarterly/Midyear/Annual performance reports are prepared in accordance with agreed format, and are accurate and submitted on time;
  • ensure the reports complies with internal controls, requirements and financial frameworks.
  • Co-ordinate project audits and prepare responses to audit queries.

Stakeholder Management 

  • Identify, build and nurture trust and collaborative relationships with employees within SANEDI and service providers.
  • Interact closely with internal and external stakeholders in maintaining positive relationships within the organization.
  • Participate in events, meetings, workshops and conferences by giving input, avail skill, competency and expertise. Participation should result positive input and impact.
  • Maintain good relationships and communicates effectively with all internal stakeholders by delivering service that exceeds the stakeholders’ expectations.

Quality Management 

  • Ensure alignment of finance work processes to the required quality standards.
  • Proactively, identify continuous improvement strategies.
  • Monitor agreed quality initiatives ensuring that they are aligned to business processes and delivered as agreed.

People Management 

  • KPA’s are understood and achieved as agreed upon in the Performance agreement.
  • Review performance against agreed performance standards.
  • Live the values and culture of SANEDI.
  • Identify and implement development opportunities, to ensure continuous improvement of effective and efficient work.
  • Departmental Information systems and tools are optimally utilized to execute core tasks.

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