Job Details

  • Province: Eastern Cape
  • Type of engagement: Fixed term contract
  • Posted: May 9th

Background to Position

The University of Fort Hare is a vibrant, equitable and sustainable African university, committed to teaching and research excellence at the service of its students, scholars, and the wider community. 

Asset Management Unit-Finance

Project Manager

Alice Campus

One (1) Year Appointment Contract

The University of Fort Hare is a vibrant, equitable and sustainable African university, committed to teaching and research excellence at the service of its students, scholars and the wider community. It seeks to recruit and appoint a suitable qualified and experienced candidate for the above-mentioned fixed term position.


The University of Fort Hare (UFH) has been issued audit findings as a result of the quality of its fixed asset data and the underlying asset register not being International Financial Reporting Standards (IFRS) compliant. The project aims to ensure the development of a fully compliant IFRS asset register fit for all UFH’s asset management operational needs. Furthermore, it will enhance the adherence to the relevant reporting requirements and implementation using the ITS system of the University. The position will require the incumbent to do intercampus travel and all establishments with University assets.

Job Description

Key Functional/ Technical Competencies:

  • Manage the Asset Register project:
  • Ensure that:100% physical asset verification is done
  • Tagging of assets with barcodes is done
  • Inventory lists in all rooms are put up
  • Asset Condition assessment is performed
  • Ensure that verified movable assets are populated into the Fixed Asset Register
  • Ensure that verified immovable assets are populated into the Fixed Asset Register
  • Reassessment for useful lives and residual values as per the UFH asset policy and IFRS requirements
  • Develop the IFRS compliant fixed asset register 
  • Steer the IFRS reporting for first year transition from Excel to ITS Fixed Asset Register
  • Provide journals for any accounting changes arising from the project including possible prior year corrections

Inherent Criteria

Minimum Requirements and Competencies:

  • University degree in commerce/business/finance/accounting and/ or related field with honours or post graduate diploma (NQF L8)
  • Chartered Accountant CA (SA) and experience in the Higher Education Sector will be an added advantage.
  •  Equivalent industry and proven project management experience of at least 5 years in an asset management environment.
  • Computer literacy/Microsoft Excel proficient 
  • Ability to work independently and in a team.
  • Ability to work under pressure and be deadline driven
  • Ability to multitask and liaise confidently verbally and in writing at all levels.
  • Aptitude for figures and logical approach to queries, service excellence focus, excellent verbal and written communication skills.
  • Knowledge of ITS Integrator system will be added advantage.
  • Driver’s license is prerequisite considering the expectation of travel between campuses

Application Requirement

Closing Date:  22 May 2023

To apply:  Interested applicants who meet the criteria are invited to: 

1. Visit the Website   for a more comprehensive advert and to apply online. Applications must CLEARLY INDICATE THE NAME OF THE POST APPLIED FOR ON THE SUBJECT LINE.  

2. Submit the motivation and resume as well as supporting documents namely, ID/passport, certificates and three work-related referees, on the application website.

3. Note that for all re-advertised positions this advert supersedes the one advertised previously owing to modifications made. Candidates who have previously applied are requested to re-apply.

4. No faxes or walk-ins (hard copies) will be accepted.

5. Applicants are urged to ensure that their applications reach the Human Resources Department before the closing date.  Late applications will not be considered.

6. Failure to comply with the above directions will result in the application being disqualified.

Note:   Correspondence will be conducted with short-listed candidates only. 

Queries can be directed to Ms. Fungai Matumba on  or call 043 704 7190

The University reserves the right NOT to make a permanent appointment at this stage. 

University of Fort Hare is an equal opportunity and affirmative action employer. Pursuant to complying with the Employment Equity Act No.55 of 1998, when appointing preference will be given to applicants from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile.

The University offers a competitive package which is negotiable based on experience, qualifications and UFH guidelines.

About University of Fort Hare

The University of Fort Hare is a public university in Alice, Eastern Cape, South Africa. It was a key institution of higher education for black Africans from 1916 to 1959 when it offered a Western-style academic education to students from across sub-Saharan Africa, creating a black African elite.