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  • Posted: Nov 3, 2023
    Deadline: Not specified
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    The Development Bank of Southern Africa ("DBSA”) is a development finance institution wholly owned by the South African Government. Its purpose is to accelerate sustainable socio-economic development to improve the quality of life of the people in South Africa, SADC and Rest of Africa by providing financial and non-financial investments in the social a...
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    Financial Accountant - Centurion

    Key Responsibilities

    1. Contribute tand implement the strategy for the Finance Department:

    • Set the strategic direction for the IPP Office in terms of Financial Management, including financial modelling, scenariplanning and forecasting of the balance sheet and cash flow statement
    • Manage the financial position of the IPP Office by analysing the current and future accounting standards and accounting policies tdetermine financial effectiveness and impact, best practice, and relevance tthe IPP Office
    • Manage the financial accounting operations including working capital, capital expenditures, debt levels, and the assets and liability portfolio.

    2. Manage the operational function of the Finance Department

    • Maintain a high level understanding and management of the asset and liability portfolias it impacts the various balance sheet and cash flow statement disclosures.
    • Collaborate with the HoD Finance and rest of the IPP Office team and participate in reviewing financial plans and budgets for Executive decision making. Provide monthly, quarterly and annual financial statements
    • Ensure ongoing compliance in terms of financial, tax and related matters.
    • Ensure appropriate financial policies and procedures are in place tsupport the business.

    3. Ensure sound financial management

    • Provide overall management accountability and responsibility for the following functions:
    • Financial Accounting (Financial management including debtors, creditors, fixed assets, S&T and petty cash, financial reporting including National Treasury, annual financial statements, quarterly financial statements and internal reporting monthly/adhoc),
    • Detailed management of capital adequacy in conjunction with the Risk management business unit.

    4. Compile accurate and timely report

    • Ensure accurate reflection of transactions in the General Ledger.
    • Ensure all financial transactions are available on the 7th working day of the month.
    • Ensure all cost allocations are correct at point of origin (placement of Purchase order).

    5. People enablement

    • Model high performance behaviour in line with the leadership principles internally and externally.
    • Create the conditions that enable the team tperform (e.g. team spirit, providing the right structure, involving the team in decision making).
    • Coach and develop leaders/successors personally.

    Expertise & Technical Competencies:

    • The successful incument will have 5 years Financial Accounting experience. At least 3 years Management experience.
    • Must have Excellent knowledge experience at least 3-5 years of IFRS, PFMA and National Treasury Regulations
    • Public and Private sector experience will be advantageous.
    • CA (SA) qualification advantageous 
    •  
    • Must have MS Excel & Pastel advanced experience

    Method of Application

    Interested and qualified? Go to Development Bank of Southern Africa (DBSA) on dbsa.erecruit.co to apply

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