Project Accountant – The Innovation Hub Management Company

About The Innovation Hub

The Innovation Hub Management Company (TIHMC), a subsidiary of the Gauteng Growth and Development Agency SOC Ltd,
is the first Science and Technology Park in Southern Africa. Established to support smart industries and economic
growth in Gauteng, TIHMC is seeking a competent and dedicated individual to join its dynamic finance team.

Purpose of the Role

To plan, implement and manage sound financial processes and control systems compliant with statutory legislation,
company policies, and accounting principles. Reporting to the Finance Manager, the Project Accountant will support
the CFO and provide project accounting, budgeting, billing, reporting, and compliance support.

Key Responsibilities

1. Project Accounting

• Create and manage project accounts
• Maintain project contracts, MOUs and records
• Review supplier invoices and project expenses
• Approve project overhead charges and timesheets
• Report project profitability to management

2. Payments Processing and Management

• Prepare weekly payment batches
• Verify supporting documents against invoices
• Ensure timely supplier payments
• Prevent duplicate or incorrect payments

3. Project Budgeting, Expenditure and Revenue Management

• Review budgets, work plans and fee structures
• Provide financial reports and forecasts
• Investigate project variances
• Manage customer billing and funding reports
• Prepare monthly project management reports

4. Financial Reporting

• Prepare monthly management reports and cashflow analysis
• Prepare professional services reports
• Perform creditors and debtors reconciliations

5. Year-End Support

• Assist with annual financial statements
• Support internal and external audits
• Review company policies and compliance processes
• Coordinate audit information requests

6. Project Bookkeeping

• Maintain bank reconciliations and fixed asset registers
• Monitor project bank balances daily
• Ensure compliance with PFMA, Treasury Regulations and GRAP
• Manage financial risks and audit readiness

Minimum Requirements

Qualifications

• B.Com Degree or National Diploma in Accounting/Finance or equivalent

Experience

• Minimum 3 years’ experience in financial management
• Knowledge of accounting principles, budgeting and auditing
• Knowledge of PFMA, Treasury Regulations and GRAP
• Experience with Sage 300 is required
• Internal audit or auditing experience will be advantageous

Skills & Competencies

• Accounting and financial reporting knowledge
• Analytical and problem-solving skills
• Strong communication and presentation skills
• Attention to detail and confidentiality
• Computer literacy and administrative skills
• Professional, proactive and structured approach

How to Apply

For full details, visit:

www.theinnovationhub.com

Submit applications online:

Apply Here

Enquiries:

recruitment@theinnovationhub.com

Closing Date: 24 May 2026