NATIONAL DEVELOPMENT AGENCY (NDA) VACANCIES

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NDA PERMANENT POSITION
 
The National Development Agency is a Schedule 3A National Public Entity with a mandate for Poverty eradication and is accountable to Parliament through the Minister of Social Development. 
 
The following position is available at the NDA:
 
FINANCIAL ACCOUNTANT
 
Description
This position is primarily required to coordinate review and undertake the implementation of financial accounting systems and procedures in line with relevant legislation regulations, frameworks, polices and procedures. It is also required produce accurate monthly, quarterly and annual financial statements as well as to provide support for the efficient recording, disbursement and reporting of operational finances. The incumbent will ensure that proper accounting practices are followed in line with NDA’s financial policy and financial accounting requirements including GAAP, GRAP, IFRS, PFMA and National Treasury regulations.
 
Directorate Finance
Reports To Senior Manager: Finance
Position location Head Office
Peromnes Grade 8
Number of Direct Reports 1 
 
POSITION REQUIREMENTS
 
Minimum Qualification
• A Bachelor of Commerce degree- Financial Accounting (NQF level 7)
• Articles will be advantageous
 
Essential Experience
• Three years’ financial accounting and reporting experience
• Post-articles experience would be advantageous
• Experience with computerised accounting systems
 
Knowledge
• Working knowledge of accounting package e.g. Great Plains
• Knowledge of GRAP, PFMA and National Treasury regulations
• Knowledge of Public Administration and Accounting Systems
• Knowledge of Corporate Governance
 
Skills & Abilities
▪ Leverage diversity
▪ Negotiation skills
▪ Service motivation
▪ Creativity & innovation
▪ Customer Service orientation
▪ Technology orientation
▪ Good communication skills – written & verbal
▪ High numerical and analytical ability
▪ Facilitation skills
▪ Ability to work quickly and accurately and to adhere to and meet strict deadlines
▪ Methodical and attentive to detail
▪ Discreet and ability to work with confidential information
▪ Flexible, i.e. ability to work as part of a team but also independently as required
▪ Ability to stay current with legal and financial changes and ability to evaluate how these could affect NDA financial operations
▪ Ability to produce up-to-date reconciliations
▪ Understanding of general ledger set-up
▪ Strong computer technical skills preferably with accounting packages and MS Office
 
MAIN AREAS OF RESPONSIBILITY
 
Financial Management
• Day to day management of recording of all financial transactions.
• Review, posting and approval of financial transactions processed by accounts staff.
• Review of monthly general ledger and weekly bank reconciliations. reconciliations
• Review, posting and 1st level approval of payments to suppliers, funded projects, and salaries.
• Perform cash management function. Ensure enough cash is held to pay obligations when they are due and ensure that cash surpluses are held in interest bearing investments.
• Develop and maintain a record keeping system for the unit.
• Prepare quarterly cash flow projections to determine cash required to meet obligations and funds that can be invested to maximise interest.
• Prepare schedules and reconciliations required for year- end audit processes conducted by the Auditor General.
• Ensure Accounting records are ready to be subjected to internal and External Audit processes.
 
Corporate Governance
• Ensure that all transactions recorded comply with applicable policies, laws and regulations (e, PFMA, Treasury Regulations, SARS, e.tc)
• Ensure that all transactions are recorded in compliance with GRAP standards.
• Train NDA staff on Finance processes to ensure compliance with NDA operating procedures and policies
 
Financial Analysis And Reporting
• Prepare monthly and quarterly Management Accounts for internal decision-making purposes.
• Prepare Annual Financial Statements that comply with standards of GRAP
• Prepare any financial reports that may be required by NDA funders and stakeholders. (National Treasury, Executive Authority and any funders or donors)
• Perform analysis of financial reports and reports on variances between budget and actuals and obtain reasons for variances.
• Advise and support business units on analysis of financial reports and management of budgets.
• Consolidate budget inputs and support Finance manager during preparation of budgets required in accordance with PFMA
 
STAFF MANAGEMENT
• Manage performance and work of subordinates
• Prepare and monitor performance contracts of subordinate.
• Guide and supervise subordinates.
 
Internal and External Audit
• Ensure that Accounting records are complete, accurate and supported by necessary reconciliation
• Maintain record keeping system that ensures that all transactions in the accounting records are supported by valid complete and compliant supporting records.
• Attend to queries from Auditors and draft responses to findings raised.
• Provide information requested by auditors during audits within agreed timelines
 
KEY RELATIONSHIP INTERFACES
Internal Relationships - other than reporting lines (manager and subordinates). *
• All NDA Staff and Directorates
External Relationships (With Local/Provincial structures and other key parties, specify)
• Service Providers
• Government Departments

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Application details: Full Job profile for this position is available on the NDA website – www.nda.org.za. A detailed Curriculum Vitae (CV), with three references must accompany the application and a fully completed application for employment form obtainable on www.nda.org.za must be emailed to careers@nda.org.za.
 
Correspondence will be limited to shortlisted candidates only. Preference will be given to candidates whose appointment will promote NDA Employment Equity targets. 
 
NB: Use the job reference as a subject line (heading of the email application) e.g. 2024FA1 
 
An email without the reference number as a subject/heading will be disqualified. Please ensure that the reference number is written the same way as in the advert. 
 
Failure to submit a detailed CV, fully completed application form and comply with the application instructions above will result in the disqualification of your application. 
 
For enquiries regarding this position, please contact Ms. Kobela Matjea at Tel: 011 018 5500 / 5622. 
 
Should you not be contacted within two months of the closing date of this advert, please consider your application unsuccessful. All candidates will be subjected to personnel suitability checks, qualification verification and competency assessment where required. Correspondence will be made with shortlisted candidates ONLY. 
 
Closing date: 15 September 2024 
 
UNLOCKING POTENTIAL