Project Admin
Listing reference: minte_000207
Listing status: Under Review
Apply by: 8 March 2024
Position summary
Industry: Scientific, Research & Development
Job category: Financial Management
Location: Randburg
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
Mintek has an exciting career opportunity for a Project Admin. The candidate will be responsible for providing Projects Financial Administrative Support to Mintek Clusters. All suitably qualified and experienced candidates are invited to apply.
Job description
KEY PERFORMANCE INDICATORS:
- Perform IFS Financial Project Administration
- Registration, revision, and closure of projects according to approved Project Establishment Forms. (Check PEC’s are correctly completed, check figures on proposal or order).
- Analyse and produce weekly IFS and Excel Financial reports of project expenditure vs. budget and circulate to the Heads.
- When requested, to the relevant CIs for planning and budgeting purposes.
- Through analysis, ensure that all revenue and expenditure is processed to the correct GL accounts. Where incorrect postings are identified, investigate and correct through journalisation.
- Monitor expenditure vs. budget and advise Management and Chief Investigators of projects nearing/exceeded budget.
- Establish root cause of incorrect postings and take corrective action to avoid in future incidents.
- Perform monthly period-end procedures, and related analytical functions to check any timesheet errors.
- Liaise with SBU accountant regarding journals and project queries.
- Synchronise project administration across productive SBUs through communication with other Admin Officers.
- Liaise with Buyers and assist CI’s regarding quotes for purchasing on projects and load requisitions on IFS once approved.
- Follow up with Buyers and Suppliers on Purchase Orders and delivery of goods ordered.
- Provide IFS project reports to CI’s and staff when required. Assist with detailed expense queries from IFS reports.
- Liaise and co-ordinate with auditors and SBU managers.
- Perform IFS Financial Project Billing Process
- Enter proposals and sales orders on IFS ensuring client details & billing plan is correct.
- Monitor billing plan and adjust as required based on CI feedback.
- Issue invoices after confirmation from CI’s.
- Administer & maintain debtors tracking issue list.
- Monitor Debtors days:
- Remind technical staff to follow up with technical contacts.
- Follow up with client financial departments.
- Interact with Mintek Finance to obtain pre-payment advise and ensure invoices are cleared.
- Prepare & Control of SBU Cost Elements and Budgets
- Assist Executive Managers and Heads with budget planning.
- Provide financial input to divisions with annual budgeting and regular forecasting for divisional running costs.
- Control and monitor the actual expenditure relating to CAPEX against budgeted CAPEX targets as well as handling issues arising from the CAPEX process related to management accounting and project issues.
- Assist with business improvement and cost reduction initiatives within the division.
- Administer Project Labour Booking Process
- Ensure staff enter timesheets on a weekly basis.
- Check & approve weekly billable time.
- Produce weekly Excel reports of time booked to projects for Management and CI checking.
- Facilitate reversal and correction of incorrectly booked time.
- Monitor and resolve time booking errors in COFC and CN30 accounts.
- Execute and ensure Science Vote invoicing is done on time.
- Check time booked to the project budgets before time is approved.
Minimum requirements
- B Tech Finance or Accounting or B degree in Finance or Accounting
- 5 years Projects Administrative experience or in a similar role
- IFS Project Systems
- Strong organization skills
- Resourcefulness
- Adaptability
- Interpersonal skills
- Multitasking