Entry Date: 10 Feb 2024
Expiry Date: 18 Feb 2024
The Housing Development Agency (HDA) is a national public sector development agency that inter alia has the mandate to identify, acquire, prepare and develop suitable land for human settlements. The Agency also undertakes the programme and project management for development of housing and human settlements. The HDA carries out its functions in partnership with a range of stakeholders including national, provincial and local government as well as with communities, developers and financiers. Established in 2009, the Agency was established by an Act of Parliament in 2008 and is accountable through its Board to the Minister of Human Settlements.
For more information about the HDA, please visit our website: www.thehda.co.za
Follow us on X @the_hda and on Facebook: The Housing Development Agency.
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The HDA has the following Five-year fixed term contract position:
Manager: Project Finance
Location: Head office, Johannesburg
Reporting Line: Chief Financial Officer
Reference: HDAMPF006
Main Purpose: To ensure that project finances are appropriately managed, reported on and are compliant to ensure the overall financial success of the HDA’s mandate.
Key Performance Areas:
1. Governance and Administration:
• Manage good governance and compliance with audit, as well as legislative requirements.
• Liaise with internal and external auditors.
• Manage the overall project finances to ensure they are run effectively, and that the accurate financial information is provided.
2. Financial Reporting for Projects:
• Manage the accuracy of allocation of expenses to relevant project cost centres.
• Manage the completeness, accuracy, and timeous processing of project transactions, e.g. creditors are paid within 30 days.
• Review monthly bank reconciliation from the project officer.
• Manage bank account balances daily to ensure that there are enough funds in the current account of the projects.
• Manage project budget and ensure no overspending takes place.
3. Projects Finance Management:
• Manage all financial reporting obligations in as required by funders.
• Manage monthly reporting of actuals against budgets pertaining to projects.
• Manage monthly reporting of cashflows pertaining to projects.
• Develop a monthly tracking and reconciling system for projects’ capital and operational expenditure.
• Develop a comprehensive monthly cash flow projection report.
• Bi-monthly production of cash flow forecast graphs funding availability.
• Manage monthly reporting of cashflows pertaining to projects.
• Oversee the accurate and timeous transfer of funds for project expenditure when necessary.
• Develop a system to facilitate the collections and reconciliations of tender documents fees in project offices.
• Maintaining projects information (contracts, invoices, amendments, etc) to support ERP system captured data.
• Review the reconciliation of tender documents fees for projects.
4. Accounts Receivable:
• Review reconciliation of cash book and the bank statement for the requested accounts.
• Review and approve customer invoices monthly.
• Monitor that all leasing agreements contracts are appropriately approved before invoices can be issued to customers.
• Review reconciliation of customer statements to age analysis.
• Manage timeous submission of statements to customers.
5. Project Funding:
• Manage consultations and collaboration with Project and Development Managers on appropriate structures and requirements relating to funds availed to the HDA projects.
• Provide support in relation to inter-governmental fiscal relations concerns and interests of the HDA.
• Maintain appropriate relations with funders and draft reports when necessary, ensuring compliance with implementation agreements and contracts.
• Manage the draw-down of funds as per available schedule.
• Advise on fiduciary management, in particular ring-fencing budget and subsidy flows.
• Manage debtors’ balances to ensure timeous receipting of funds.
• Review monthly fund reconciliations to ensure fund expenditure is aligned with the implementation protocols/ funding agreements.
6. People Management:
• Select, assign, lead and manage people.
• Set clear objectives for self and others and measure achievements against these objectives through implementation of the performance management system.
• Build and manage relationships with staff members.
• Manage and support staff development (e.g., training, workshops, etc).
• Develop and manage the implementation of succession plans for key individuals and critical positions.
• Implement the HDA HR policies and procedures as required.
• Manage risks and address issues as they arise.
7. Qualifications and Experience:
• Bcom or Business degree.
• A postgraduate degree/diploma in finance or related studies is an advantage.
• A minimum of 5 years relevant experience in project finance, with specific project cost of approximately R2bn
• A minimum of 5 years management experience.
• The applicant must be able to demonstrate the necessary competencies through experience.
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Remuneration Scale: R906 100.00 - R1 177 900.00 per annum (all-inclusive package)
Closing date for applications is 18 February 2024.
To submit your application, please send an email Arecruitpfin@thehda.co.za.
When submitting your application for a position, please adhere to the following:
1. CVs received after the closing date will NOT be considered.
2. The Job Title and Reference number for the relevant position must appear in the subject line of your application.
3. The CV must be in PDF format.
4. Copies of all qualifications must be provided.
5. Copy of identity document must be provided.
6. Two contactable references must be provided.
Kindly take note if you have not been contacted within twenty-one (21) working days of the closing date; please consider your application unsuccessful. Should you not comply with the above requirements your application will NOT be considered.
Conditions of service: The HDA is an equal opportunity employer ● Appointments will be made in accordance with the HDA Employment Equity policy ● The HDA reserves the right not to make an appointment. We thank all applicants for their interest.
Communication will be conducted with short-listed applicants only.
The HDA operates in accordance with the Protection of Personal Information Act 3 of 2013 (“POPI Act”), and by submitting your personal information to the HDA (by way of application and/or providing any other documentation as may be required during the recruitment process), you agree that the HDA may utilise and process your personal information in accordance with the POPI Act.
