Entry Date: 16 Sep 2023
Expiry Date: 26 Sep 2023
The Housing Development Agency (HDA) is a national public sector development agency that acquires and prepares land as well as develop the land and project manage the development of housing and human settlements. We carry out our activities in partnership with a range of stakeholders including national, provincial, and local government and municipalities, as well as with communities, developers, financiers, and other affected parties. 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 Twitter @The_HDA and on Facebook: TheHDA.
The HDA has the following three-year fixed term contract position:
Project Accountant
Location: Head office - Johannesburg
Reporting Line: Manager: Project Finance
Reference: PA002
Main Purpose: To ensure the finances of the projects and grants are appropriately managed, reported on and are compliant to ensure the overall financial success of theprojects.
Key Performance Areas:
1. Governance and Administration:
• Ensure good governance and compliance with the Public Finance Management Act (PFMA), National Treasury Regulations and other relevant legislative requirements.
• Manage the overall project finances to ensure they are run effectively and that the accurate financial information is provided.
• Review annual audit management letter and internal audit reports and address findings.
2. Invoice Compliance Checking:
• Review invoices for completeness and accuracy.
• Review invoice checklist to ensure compliance with finance policies and procedures.
• Check and confirm availability of funds in the project relating to the presented invoice.
• Check the supporting documents to ensure invoice alignment to the approved in line with delegation of authority document.
• Ensure the completeness, accuracy, and timeous processing of project transactions, e.g., creditors are paid within 30 days.
3. Accounts Receivable - Projects:
• Review funding agreement against invoice created.
• Review and post invoices captured in the accounting system.
• Ensure drawdowns or invoices are created as per available schedule.
• Follow up on outstanding debtors balances to ensure timeous receipting of funds.
4. Projects Finance Management
• Ensure compliance with the Division of Revenue Act (DORA) requirements by the relevant provinces or municipalities.
• Ensure the effective management of operational costs through Medium Term Operational Plans (MTOPs) agreements.
• Prepare detailed budgeting for projects.
• Prepare monthly cashflow reports per project.
• Prepare project funding and expenditure reconciliation per project and ensure no overspending takes place.
• Prepare confirmations and ensure that they are signed by relevant authorities, both from the HDA and funder.
• Check correctness of expenses allocated in compliance with approved budget.
• Review general ledger transactions to ensure accuracy and complete journal entries when required.
• Prepare monthly fund reconciliations to ensure fund expenditure is aligned with the implementation protocols or funding agreements.
• Prepare projects funds monitoring report to flag financially underperforming projects.
• Assist with cash forecasting on projects.
• Prepare projects cash reconciliations monthly.
• Prepare cashflow reports per project.
• Prepare project funding and expenditure reconciliation per project.
• Check correctness of expenses allocated in compliance with approved budget.
• Review general ledger transactions to ensure accuracy and complete journal entries when required.
5. 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.
6. Financial Controls, Policies and Procedures:
• Ensure that appropriate financial regulations and controls are in place.
• Implement HDA financial policies and procedures.
7. Other:
• Assist or attend to audit queries.
• Drive specific tasks as mandated by the CFO as and when required.
8. Requirements:
• B.Com bachelor’s degree or equivalent.
• A postgraduate qualification in Finance is preferred.
• 5 years of relevant experience in Public Finance.
• Experience in financial accounting using applicable systems will be an advantage.
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Remuneration Scale: R668 900.00 to R869 600.00 per annum (all-inclusive package)
Closing date for applications is 26 September 2023.
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.
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.
