Finance Project Lead

Biovac; Wes-Kaap; On-site; ZAR 650 000 - 900 000; Full time

Job summary

A leading vaccine manufacturer in South Africa is seeking a Finance Project Lead to oversee financial governance for their projects. This role includes managing asset classifications, preparing detailed budgets, and cash flow forecasts. The ideal candidate should have a Bachelor's degree in Financial Accounting, CA(SA) or CIMA qualifications, and over 5 years of financial accounting experience, particularly in project management within a manufacturing environment. Competitive salary and benefits are offered for this 3-year fixed-term contract.

Qualifications

• Bachelor's Degree or Diploma in Financial Accounting or equivalent.
• Completed Articles.
• 5+ years experience in financial accounting role.

Responsibilities

• Prepare Governance of project assets and adhere to IFRS.
• Maintain fixed asset management and ensure proper classification.
• Prepare detailed cash flow forecasts for project funding.

Skills

Financial Accounting

Budgeting

Forecasting

Cost Control

Cash Flow Management

SARS Legislation Knowledge

Education

Bachelor's Degree or Diploma in Financial Accounting

CA(SA) or CIMA

Tools

SAP

Job description

BIOVAC is one of the leading sterile vaccine manufacturers rooted in Africa, with our core purpose being to "protect life". We are looking to hire a dynamic, passionate, confident, proactive and meticulousFinance Project Leadto join a goal-oriented teamon a 3 Year Fixed-Term Contract.

QUALIFICATIONS NEEDED:

Required:

• Bachelors Degree or Diploma in Financial Accounting or equivalent.
• Completed Articles

Preferred:

• CA(SA) or CIMA

Experience needed to deliver the role seamlessly:

• Completed Articles
• 5+ years experience in a financial accounting role
• Experience in a manufacturing concern or a company with a high level of fixed assets and project activity.
• Proven experience in managing the financial aspects of new facility construction projects, including budgeting, forecasting, cost control, and financial reporting
• Experience with cash flow management, banking and treasury
• Working knowledge of SARS (VAT & Income Tax) related legislation.

KEY DUTIES & RESPONSIBILITIES OF THE ROLE:

Core Technical Delivery:

Fixed Asset Management

• Prepare Governance of project assets:
• Adherence to IFRS and best practice for asset management, including but not limited to asset classification and assigning of asset numbers, the management of assets with components, and the determination of useful lives with the Strategic Project Lead
• Thorough documentation of the rational of how assets were classified, how components were considered and how the useful lives were determined
• Review and release fixed asset requisitions relating to the project in accordance with project asset governance requirements.
• Ensure that SAP asset numbers correspond with all systems which govern assets and their respective maintenance programs (for e.g. SAP, pragma, trackwise)
• Manage assets under construction – ensure that all related costs are capitalised and rationale documented.
• Maintenance of the Wear-and-Tear register for fixed assets relating to the project in accordance with Company Tax Act and in conjunction with Tax Lead. Ensure that any respective incentives and allowances are applied for, documented and claimed from SARS.
• Work with Risk and Compliance and Financial Accounting to ensure that adequate insurance is in place for project activity and assets.
• Liaise with technical accounting and Tax consultants to ensure that treatment of intangibles relating to project activity, and other special items is correct, and adequately substantiated with memos and other supporting documentation
• Review the fixed asset receipts to ensure that all costs including freight and set up costs are capitalised correctly
• Prepare monthly reporting decks. Report on project deliverables and metrics in Monthly meetings.
• Prepare useful life and impairment assessments as required
• Review and recommend approval of asset transfer and scrapping requests

General Ledger Maintenance

• Ensure that project cost- and profit centres are set up, and that costs are allocated to the correct codes
• Analyse operating costs to ensure that any relevant items are capitalised to fixed assets or intangible assets, where required.
• Convert project lifecycle into annual budgets for 2026 to 2029.
• Main liaison with project managers. Ensure that relevant information is incorporated into the base business financials.
• Coach analysts on fixed asset administration, general ledger maintenance and cash flow updates
• Perform any month end or year-end activities as per the period end checklists.

Cash and Treasury Management

• Maintain a detailed 3 month forecast to ensure that cash requirements are met. Liaise with the Treasury lead to ensure that funds are available to meet short term commitments and requirements
• Compile a robust 12-month cash flow forecast for the project
• Ensure that SARB approvals are in place where required in conjunction with Treasury Lead
• Project payment tracking: ensure that all payments are executed timeously and that all payment documentation and proof of payments are filed and available for internal and external audits, as well as any funder requests
• Prepare funding disbursement requests and consolidate required supporting documentation
• Actively manage cash. Monitor and report on cash usage and funder balances. Investigate solutions to manage exchange risks and excess cash.
• Monitor and report on funding covenants, attend to all Funder reporting requests and requirements.

Additional Duties

• Preparation of ad hoc schedules or reports as requested by funders
• Attend to any audit requirements relating to project banking and cash
• Audit support – provide supporting documentation and assist with fixed asset verification
• Internal control audits
• SAP improvement projects – participate in SAP projects and changes where required
• Funding due diligence exercises – ensure that all Financial Accounting deliverables are met.
• Monitor and report on funding covenants, attend to all Funder reporting requests and requirements
• Provide any financial support to the project teams as required

Application Deadline: 30 January 2026

If you do not receive a response from us within three weeks after closing date please understand that your application was not successful.

Dear Applicant, we appreciate your interest in joining our organization. It is imperative for us that you understand how we handle your information. We are committed to ensuring the security and confidentiality of the information you provide. Your personal details will be collected for the sole purpose of the application process and will be used strictly for that purpose. By applying, you acknowledge and consent to the collection, use, and protection of your personal information in accordance with our privacy policy. If you have any inquiries or concerns, our Human Capital department is available to provide clarification. We look forward to reviewing your application.

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