Job Description

The Financial Accountant role is a financial accounting function located within the Independent Power Producer Office (IPPO). The IPPO was established in 2010 to provide rapid solutions to South Africaxe2x80x99s severe electricity supply constraints, by procuring new energy generation capacity from Independent Power Producers (IPPs). The IPPO was created as a project office hosted by the Development Bank of Southern Africa (DBSA) under a Memorandum of Agreement (MoA) between the Department of Mineral Resources and Energy (DMRE), National Treasury and the DBSA. The mandate of the IPP Office is to provide specialised services to government, including a) IPP Energy Procurement Management, b) Monitoring, Evaluation and Contract Management, and c) Professional Advisory Services. The IPPOxe2x80x99s skills, expertise and success in mobilising and delivering on time is recognised domestically and globally. The role has been necessitated firstly for the purpose of effectively managing and delivering various financial transactions related to the delivering of power producing projects including, Renewable Energy, Battery Energy Storage, Gas to Power, Coal, and Hybrid energy facilities. Reporting to the Head of Finance the Financial Accountant will be responsible for the day-to-day management and oversight of financial accounting standards in all transactions and processes in the finance department. The Financial Accountant will furthermore be responsible for ensuring appropriate governance is maintained throughout, and conduct the relevant financial accounting tasks as required and assigned.

Key Responsibilities

1. Contribute to and implement the strategy for the Finance Department

• Set the strategic direction for the IPP Office in terms of Financial Management, including financial modelling, scenario planning and forecasting of the balance sheet and cash flow statement

• Manage the financial position of the IPP Office by analysing the current and future accounting standards and accounting policies to determine financial effectiveness and impact, best practice, and relevance to the IPP Office

• Manage the financial accounting operations including working capital, capital expenditures, debt levels, and the assets and liability portfolio.

2. Manage the operational function of the Finance Department

• Maintain a high level understanding and management of the asset and liability portfolio as it impacts the various balance sheet and cash flow statement disclosures.

xe2x80xa2 Collaborate with the HoD Finance and rest of the IPP Office team and participate in reviewing financial plans and budgets for Executive decision making. xe2x80xa2 Provide monthly, quarterly and annual financial statements

• Ensure ongoing compliance in terms of financial, tax and related matters.

• Ensure appropriate financial policies and procedures are in place to support the business.

3. Ensure sound financial management

• Provide overall management accountability and responsibility for the following functions:

o Financial Accounting (Financial management including debtors, creditors, fixed assets, S&T and petty cash, financial reporting including National Treasury, annual financial statements, quarterly financial statements and internal reporting (monthly/adhoc), o Detailed management of capital adequacy in conjunction with the Risk management business unit. 4. Compile accurate and timely reports

• Ensure accurate reflection of transactions in the General Ledger.

• Ensure all financial transactions are available on the 7th working day of the month.

• Ensure all cost allocations are correct at point of origin (placement of Purchase order).

5. People enablement

• Model high performance behaviour in line with the leadership principles internally and externally.

• Create the conditions that enable the team to perform (e.g. team spirit, providing the right structure, involving the team in decision making).

• Coach and develop leaders/successors personally.

Expertise & Technical Competencies

The successful incument will have 5 years Financial Accounting experience. At least 3 years Management experience. Must have Excellent knowledge experience at least 3-5 years of IFRS, PFMA and National Treasury Regulations Public and Private sector experience will be advantageous. CA (SA) qualification advantageous Must have MS Excel & Pastel advanced experience

Required Personal Attributes

The successful incumbent should possess:

• Financial and business analytic skills

• Presentation skills

• Interpersonal skills

• Strong verbal and written skills

• Problem Solving skills

• Attention to detail

• Analysis and Judgement

• Numerical Reasoning

• Assertiveness

• Excellence Orientation