Who we are
Established in 1940, we are a national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the Economic Development Department.
Our vision
We aim to be the primary source of commercially sustainable industrial development and innovation...
Read more about this company
BCom with post graduate degree e.g., BCompt (Honours).
Exposure to legal environment and project management will be an advantage
The candidate should have at least a minimum of 8 years’ experience which includes experience in financial accounting, and project management.
Experience with Trust Accounting and/ or review of Trust accounts and/ signed off or financial statement analysis and review of PBOs.
A strong financial accounting knowledge and experience base focused on financial statement analysis and reporting.
Experience in doing full cycle accounting would be an added advantage.
Sound corporate and commercial legal knowledge.
Necessary skills and competence to deal with the establishment and management of Trusts.
Project management experience.
Roles and Responsibilities
Co-ordinate the information required from each project/province;
Create the terms of reference for appointments of the required service providers which include but are not limited to lawyers, auditors and consultants required to achieve the various milestones;
Ensure the project remains on track in terms of costs and timelines;
With support from the relevant service provider, prepare a set of financial statements from record to report for each of the trusts;
Generation of reports such as General ledger, Trial balance, etc. for these trusts;
Submit tax returns to SARS for the period since the inception of the respective trusts;
Review all the trust documents, NCDI project agreements, loan and grant agreements;
Advice on compliance and proper governance structures to enable conversion of the trusts to PBOs;
Set out the process of conversion of the trusts to PBOs;
Regular follow-up with relevant government department and the Master’s office;
Reinstate, amend, and align the NCDI project agreements to reflect the conversion of loans to grants in the agreements.
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