Temporary: Budget Officer - Johannesburg at Housing Development Agency (HDA)

Ref: HDABO1

Main Purpose: Management Accounting and Financial Reporting.

Key Performance Areas:
Budgeting & Management Accounting

• Take overall responsibility for the budgeting process through:
• Assist in annual and mid-term budget review and budget forecast/cash flow projections.
• Upload and maintain approved and revised budgets in Sage 300/related systems.
• Check correctness of GL accounts on purchase requisitions/ activation form before any procurement process take place.
• Compile National Treasury templates medium term expenditure committee (MTEC), quarterly report and Estimated National Expenditure (ENE) database.
• Assist in monthly and quarterly management accounts.
• Conduct meetings with the Head of the Departments to discuss variance reports on monthly and quarterly basis.
• Tracking actual figures against budgeted figures through identifying variances, sourcing reasons/explanations for variances above 10% from the budget holders and communicating these to management.
• Maintain register/excel spreadsheet of requisitions/SCM reports submitted for budget confirmation and budget transfer form file.
• Check requests for budget transfer or virement before adjustments taking place.
• Forecasts based on outstanding purchase orders and advised management appropriately regarding any foreseeably under/overspending.

 Financial Reporting

• Check purchase requisitions which ensure that expenses are allocated to the correct posting accounts.
• Issue detailed transactions/expenditure listing monthly to all EXCO/unit heads.
• Ensure cost centre reporting is aligned to organisational strategic and performance plans.

 Adhoc duties:

• Carry out ad hoc investigations, projects etc. required that have financial reporting implications.
• Attend National Treasury budget meetings and provide feedback on HDA budget related matters as required.
• Assist finance as and when required.

Requirements

• National Diploma/Degree in accounting/internal Auditing.
• 3 years’ experience in budgeting/management accounting.
• Ability to communicate with people at all levels.
• Advanced computer literacy especially in Excel.
• Sage Knowledge would be added as an advantage.

Period: Six months

Closing date for applications is 13 February 2024.