Manager: Project Accounting Finance Unit: Financial Management

In brief

**Overview** This role is for a Manager: Project Accounting within the Financial Management Unit at Coega. The successful candidate will provide financial management oversight and guidance to Project Accountants across various programmes. This involves ensuring accurate financial reporting, managing programme budgets, overseeing compliance with financial regulations, mitigating project-finance risks, and managing audit processes. The role also includes significant people management responsibilities, fostering staff development, and ensuring adherence to company policies and ethical standards to drive profitability and efficient cash flow. **What you will do** * Provide financial management oversight and guidance to Project Accountants on all programme accounting matters. * Oversee the preparation, review, and accuracy of programme revenue, expenditure, cash flow, budget, and general ledger information. * Serve as the primary interface between Finance and Programmes on financial management, reporting, and accountability matters. * Manage the escalation, resolution, and follow-up of financial issues. * Provide reliable programme-related financial information, analysis, and advice to the CFO, Executive Management, and relevant stakeholders. * Coordinate and review monthly, quarterly, and annual budget preparation, approval, and monitoring project budgets against approved plans, analyzing variances. * Oversee internal management reporting and external client reporting for accuracy, completeness, and alignment with funding and service delivery requirements. * Represent Finance in programme meetings and client briefing sessions where financial input, advice, or reporting is required. * Review and coordinate funding applications and related financial submissions to client departments. * Oversee programme account reconciliations, cash flow projections, and related analyses to support effective financial decision-making and improved Return on Capital Employed. * Facilitate workload balancing and cross-programme support within the programme accounting team. * Coordinate staff cover and resource allocation across different Project Accounting teams. * Review and maintain client commitment registers and ensure expense capitalisation. * Review management fees for billing and follow up on collections. * Review and update relevant finance policies, controls, plans, and processes. * Identify project-finance risks and implement mitigation strategies. * Implement reporting frameworks as per clients’ Service Delivery Agreements (SDAs). * Review and enhance internal controls and programme processes. * Ensure financial compliance with relevant legislation (PFMA) and regulations. * Oversee the preparation and review of project audit files for internal and external auditors. * Maintain the overall programme reconciliation for audit requirements. * Facilitate the provision of responses to programme finance-related audit queries and RFIs. * Take responsibility for the closure of audit findings related to programmes. * Manage subordinates in line with CDC policies, fostering an environment conducive to staff development. * Develop annual performance plans, assign work, implement performance management, and monitor subordinate work. * Participate in the recruitment and selection for subordinate roles. * Achieve increased profitability and improved cashflow management. * Increase Return on Capital Employed (ROCE). * Ensure a high level of service provision and support to clients, funders, investors, and service providers. * Lead the closure of audit findings for programmes and manage SLAs. * Uphold the CDC’s Code of Conduct and Ethics Policy, demonstrating ethical behaviour and contributing to good corporate governance. * Actively participate in and adhere to the CDC’s Quality, Safety, Health, Environmental, Information Security and IT Service Management System (SHEMS) policies and procedures, including identifying and reporting potential risks. * Be familiar with and adhere to the CDC emergency preparedness plans. * Maintain confidentiality regarding CDC trade secrets and Information Security policies. * Obtain prior written permission for any business or pursuit outside of the CDC that may conflict with the CDC’s interests. **Requirements (from the original advert)** * **Educational Qualifications:** Postgraduate qualification (NQF 8) in Financial Management, Accounting, or any related or equivalent field. * **Experience:** 5 years of commensurate core experience in financial management or accounting. * **Competencies:** * Advanced knowledge of IFRS and programme accounting principles and the Public Finance Management Act (PFMA). * Highly analytical with the ability to interpret complex financial data and explain variances. * People management skills. * Ability to act as an interface between technical programmes and financial functions. * Deadline-driven with a focus on audit closure and service delivery. * Excellent verbal and written communication skills. * Proficiency in MS Office (especially Excel) and ERP systems like Oracle and Pastel. * **Licences, Registrations & Certifications:** None. **Who should apply** This role is ideal for a highly experienced and qualified financial management professional with a postgraduate degree (NQF 8) in a relevant field, possessing at least five years of core financial or accounting management experience. The successful candidate will have advanced knowledge of IFRS, programme accounting principles, and the PFMA, coupled with strong analytical and people management skills. They should be deadline-driven, capable of interpreting complex financial data, and proficient in MS Office and ERP systems. While not essential, candidates with proven experience in project financial management, team leadership, managing multi-programme workloads, experience with Oracle ERP, and professional registration (e.g., CA(SA)) would be particularly well-suited. An individual who demonstrates a strong commitment to ethical conduct and corporate governance, and adherence to quality, safety, health, environmental, and information security policies, is sought. **Deadline** Not specified **Reference** Original posting: https://www.myjobmag.co.za/job/manager-project-accounting-finance-unit-financial-management-coega Source: myjobmag

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• At least 5 years of experience.

• Microsoft Excel
• Microsoft Office
• Sage / Pastel
• IFRS

Extracted automatically from the advert; confirm requirements on the original listing.

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