The Financial Administrator role is a financial accounting and auditing administration 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 for the purpose of effectively providing accounting and auditing administration to support the delivery of various 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 Administrator will be responsible for the day-to-day financial and auditing processes and tasks. The Financial Administrator will adhere to and maintain appropriate governance throughout all financial and auditing practices.
Key Responsibilities
1. Ensure that all financial information is accurately captured onto the accounting system in line with the relevant accounting standards.
Capture all invoices and credit notes and other transactions with the correct General ledger allocations by the 7th working day of each month
Process all payments & receipts by the 7th working day of each month
Reconcile cash book balances to bank statements by the 7th working day of each month
2. Secondary Administrator of Sage Pastel
Liaise with IT department and Sage regarding technical issues experienced with Pastel
Perform weekly backups
3. Maintain a secondary set financial information within Microsoft Excel to assist with cost control
Operational expenditure database for tracking against supplier budgets
Purchase order database
Analysis of the various Bank accounts
4. Assist with Yearend and Interim Audits
Preparing for audits
Interaction with Auditors during Audits
Addressing minor audit findings
5. Perform other Administrative Functions
Preparing invoice files for payment
Keeping physical records of all financial transactions and related documentation
Performing miscellaneous tasks requested by senior finance staff such as filing, scanning and emailing.
6. Ensure compliance to Finance policies
Ensure compliance to internal financial procedures.
7. Maintenance of Fixed Asset register
Add new assets to register
Remove disposed assets
Reconcile to Trial balance by the 10th of each month
Track location of Assets
Depreciation is calculated according to policy and correctly accounted for
Expertise & Technical Competencies
The succesful incumbent must have: A National Diploma in Accounting/Auditing, Minimum 3 yearsxe2x80x99 relevant experience A Bachelorsxe2x80x99 Degree will be advantageous
Required Personal Attributes
The successful incumbent should display:
Interpersonal skills
Financial and business analytic skills
Problem Solving skills
Decision making skills
Excel Competent xe2x80x93 Intermediate Level (Pivots and charts)
Attention to Detail
As well as:
Analysis and Judgement
Numerical Reasoning
Assertiveness
Customer Responsiveness
Planning and Prioritising
Results-orientated, deadline- driven and task-orientated
Strong time management skills
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