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 Africas 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 IPPOs 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.