Accountant: IDD at Development Bank of Southern Africa (DBSA)

Key Responsibilities    
KEY PERFORMANCE AREAS

Project and Programme Financial Management

• Calculate management fees and project profitability based on project type, including time-based and cost-of-work models.
• Prepare management fee calculations covering subsistence, travel disbursements, and recoverable costs for billing purposes.
• Create and maintain project account codes, cost structures, and budget uploads on the project management system.
• Review and approve project disbursement requests, purchase orders, and payment submissions to confirm correct financial allocation.
• Monitor open commitments by tracking outstanding purchase orders and following up on unresolved items.
• Prepare project and programme financial reports, cost reports, cash flow statements, and close-out reports.
• Manage project and programme financial close-out processes in line with organisational policies.
• Authorise transfers of expenses into and out of project-related accounts where required.
• Maintain up-to-date knowledge of accounting standards, construction industry practices, project accounting methodologies, and financial systems to support  effective financial management.
• Interpret financial and project information to translate technical data into practical insights for operational and programme teams.

Budgeting and Forecasting

• Facilitate the development of annual project, programme, and operational budgets aligned to approved business and construction plans.
• Compile forecasts and cash flow projections to support proactive financial planning and funding decisions.
• Analyse actual expenditure against budgets and forecasts to identify variances, cost overruns, or underspending trends.
• Provide variance analysis and financial commentary to support corrective action and strategic decision-making.

Transactional Processing and General Ledger Management

• Oversee accounts payable, receivable, payroll-related transactions, and project-related disbursements to support operational continuity and healthy cash flow.
• Maintain accurate general ledger records as the foundation for reliable financial reporting and compliance.
• Perform monthly reconciliations, journal entries, and balance sheet reviews to maintain data integrity and detect errors or irregularities.
• Review transactional postings to confirm correct allocation to projects, programmes, cost centres, and accounts.

Financial Reporting and Compliance

• Prepare accurate and timely inputs to the financial statements in line with IFRS, statutory requirements, and organisational reporting standards.
• Apply regulatory and tax requirements, including SARS compliance, to all financial transactions and reports.
• Maintain audit readiness by compiling supporting documentation and responding to internal and external audit queries.
• Review financial records and supporting schedules to promote transparency, credibility, and consistency in financial reporting.

Internal Control and Risk Management

• Implement and monitor financial control processes to safeguard assets and promote data accuracy.
• Identify financial risks related to projects, programmes, and operational activities and recommend mitigation actions.
• Apply governance frameworks, delegated authorities, and compliance standards across all financial activities.
• Review expenditure patterns and financial practices to detect potential control weaknesses or process gaps.

Stakeholder Management and Reporting

• Provide programme leads, project managers, and business performance teams with relevant financial information to support planning and control.
• Respond promptly to financial queries from internal stakeholders and management.
• Prepare management reports to support oversight of performance, risks, and opportunities.
• Produce financial and project reports to support informed operational and strategic decision-making.

Expertise & Technical Competencies    
QUALIFICATIONS AND EXPERIENCE

Qualifications

Minimum Requirements

• A Bachelor’s Degree in Accounting or a related discipline Experience

Minimum Experience 

• A minimum of 5 years’ experience in financial accounting in a complex organisation with the built environment, working on construction projects and programmes or a large to medium complex organisation with multidimensional businesses
• Working experience in taxation computations and SARS e-filing submissions (value-added tax and PAYE).
• Experience in working with financial management systems, e.g. SAP.
• Strong understanding of and a strong commitment to good corporate governance and specifically international reporting standards, including IFRS, Basel, GAAP and other regulatory requirements, including the PFMA.
• Excellent accounting and reconciliation skills.
• Experience in a corporate, public sector, or audit environment.
• Strong knowledge of IFRS and South African tax laws.

Desirable Requirements

• A Postgraduate qualification in Accounting.
• Strong advanced Microsoft Excel modelling skills.
• Completion of auditing articles at an audit or TOPP (training outside public practice)  firm.
• Knowledge of SAP FICO and BI.

Closing Date    
2026/03/18