Project Accountant

In brief

**Overview** This role is for a Project Accountant at the Transport Education Training Authority (TETA). The position primarily focuses on providing comprehensive financial administration and support for funded projects, including managing financial transactions, budget monitoring, grant disbursement, detailed reconciliation, reporting to various stakeholders, preparing for audits, and ensuring compliance with financial regulations and internal policies. **What you will do** * Provide Support to Stakeholders * Assist Internal and External Auditors with queries and provide them with relevant information and support * Maintain good working relationships with Auditor General, Internal auditors, National Treasury and DHET * Provide relevant financial information and respond to queries to the chambers, Business Units and projects Office; * Support internal departments and external stakeholders on budgeting and financial procedures * Project Financial Administration * Manage financial transactions, reconciliations, and journals for all funded projects * Budget Monitoring and Control * Track project budgets against expenditure and forecast future costs * Grant Disbursement Management * Process and monitor disbursements for discretionary and mandatory grants * Project Reporting and Reconciliation * Prepare monthly, quarterly and annual project financial reports for EXCO, Board, and DHET * Daily reconciliation of provisions and accruals * Extract electronic copies of grant claims in respect of all payments requests made during the year. * Match payment request learner details to previous year provisions and accruals listings, investigate and report on inconsistencies * Maintain a reconciliation of provision and accruals at both learner and employer level, clearly indicating payments made and de-associations. * Investigate and report on reasons for unpaid or delayed payment of provisions and accruals * Monthly reconciliation of performance reports to contracts * Reconcile monthly performance reports or MIS information to appropriately signed allocation lists and contracts and report on inconsistencies. * Update relevant performance report as well as the TETA commitment register with addition of new learners, resignations and de-associations from grants * Commitments schedule * Maintain commitments register in respect all projects and programmes for each company, supported by learner details clearly indicating contract or learner start date, Total contract amount. * Reconcile amounts paid per the accounting system to amounts paid per commitment register. * Validate closing balances. * Audit Preparation and Evidence Management * Maintain audit-ready files for all projects, including source documentation and reconciliations * Compliance & Control Adherence * Ensure project accounting adheres to PFMA, Treasury Regulations, GRAP, and TETA policies * Financial Risk and Assurance Support * Identify potential financial risks in project spending and propose mitigation measures * System Accuracy and Improvement * Maintain accuracy within financial systems and recommend enhancements **Requirements (from the original advert)** * MINIMUM REQUIREMENTS * Experience and Qualification * Minimum of Bachelor’s Degree in Accounting, Finance, or Auditing NQF Level 7 * Minimum of 4 years’ experience in financial accounting, with exposure to project or grant accounting * Registered with SAICA / CIMA / SAIPA or equivalent * Experience in the public service and/or in skills development sector will be an added advantage * Knowledge of PFMA, Treasury, GRAP & SDA frameworks * Knowledge and Skills * Knowledge and understanding of: * Financial contract management * Knowledge of quality, risk, and audit requirements * SAGE X3 and Excel * Skills * Analytical abilities and accuracy * Problem solving skills and deadline driven * Planning and organizing skills * Excellent communication verbally & written and facilitation skills **Who should apply** The ideal candidate for this Project Accountant role holds a Bachelor’s Degree (NQF Level 7) in Accounting, Finance, or Auditing and possesses a minimum of 4 years of experience in financial accounting, ideally with exposure to project or grant accounting. Professional registration with SAICA, CIMA, SAIPA, or an equivalent body is required. Applicants should demonstrate strong knowledge of financial frameworks such as PFMA, Treasury, GRAP, and SDA, alongside understanding financial contract management, quality, risk, and audit requirements. Proficiency in SAGE X3 and Excel is necessary. Key skills include analytical abilities, accuracy, problem-solving, a deadline-driven approach, strong planning and organizing capabilities, and excellent verbal and written communication, including facilitation skills. Experience in the public service and/or the skills development sector would be an advantage. **Deadline** Not specified **Reference** Original posting: https://www.myjobmag.co.za/job/project-accountant-transport-education-training-authority-teta-1 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 4 years of experience.

• Microsoft Excel
• Sage / Pastel

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

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