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
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The HDA has the following: Three-year fixed term contract position.
Officer: Project Finance
Location: East London
Reporting Line: Manager: Project Finance
Ref: HDAOPF008
Main Purpose: To ensure the finances of the projects at provincial level are appropriately managed, reported on and are compliant, to ensure the overall financial success of the projects.
Key Performance Areas:
1. Accounts Receivable:
• Follow up on capex claims with the provincial department.
• Oversee that all queries from clients are attended to.
• Oversee customer statements or invoices are submitted timeously to the clients.
2. Accounts Payable:
• Receive project invoices and review for compliance in applicable financial policies and procedures, delegations of authority and capital expenditure submission standards.
• Reconcile invoices to statements before submitting for payment and ensure that all outstanding invoices are followed up.
• Support Finance in the provision of financial information on projects as and when required.
• Ensure the completeness, accuracy, and timeous processing of project transactions, e.g., that creditors are paid within 30 days.
3. Projects Expenditure Compliance:
• Ensure construction invoices are supported by relevant supporting documentation.
• Ensure the payment certificates from the principal agent agrees to the invoice claimed.
• Perform forecasting on total spending using units completed against total amounts claimed as per the payment certificate.
• Review stage of inspection certificates and ensure that the contractor does not claim for the same erf number on the same stage more than once.
• Verify whether the erf is completed and claimed as per payments certificate and is supported with happy letters.
4. Project Finance Management:
• Prepare monthly cashflow reports per project.
• Prepare project funding and expenditure reconciliation per project.
• Check correctness of expenses allocated in compliance with the approved budget.
• Review general ledger transactions to ensure accuracy and complete journal entries when required.
5. Risk Management:
• Coordinate completion of the office operational risk register.
• Liaising with the relevant owners to update the risk register.
• Submit updated risk reports to the risk manager.
6. Financial Controls, Policies and Procedures:
• Ensure that all relevant organisational policies, procedures, and regulations are adhered to on project finance.
7. Staff Relations and General Administration:
• Establish and maintain a good filing system.
• Providing staff with finance related support as and when required.
• Attend various meetings.
• Assist with audits as required.
• Drive specific tasks as mandated as and when required.
8. Qualifications and Experience:
• A relevant 3-year Diploma in Financial management/ Financial Accounting qualification or equivalent.
• 3-year experience in finance/construction environment is required.
• Computer literacy.
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Remuneration Scale: R394 200.00 - R492 750.00 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.