Job Details
- Expires 6 August 0 days left to apply
- Reference number: 841
- Province: Limpopo
- Type of engagement: Permanent appointment
- Posted: July 26th
Background to Position
Department : Operations Finance : Financial Aid, Management, Accounting and Reporting
Job Description
- Manage the implementation of policies and procedures in line with the strategic and annual plans.
- Develop, implement and review appropriate accounting policies and procedures for use in the University and its subsidiaries.
- Implement processes to manage year end reporting in line with deadlines.
- Communicate and coordinate reporting deadlines to subsidiary finance teams to ensure that reports are completed on time.
- Prepare monthly and quarterly financial reports for various committees of Council and University management.
- Prepare the Annual Financial Statements (AFS) and related reports to DHET, Council and its committees.
- Develop positive relationships with all stakeholders including internal customers, auditors, regulators, other external stakeholders and team members.
- Manage financial risks and the portfolio’s risks.
- Keep abreast of International Financial Reporting Standards (IFRS) changes and implement any new standards.
- Manage the financial systems that aid in the efficient running of the university including ITS, CaseWare and Jasper Reporting.
- Automate manual processes and create efficiencies in the area of responsibility.
- Manage the full General Ledger including maintaining a robust chart of accounts and cost centre structure.
- Manage the preparation and review of balance sheet reconciliations for the entire Trial Balance.
- Manage the University Value Added Tax and Employees Tax compliance. Minimise the University’s exposure to tax liabilities and penalties.
- Ensure compliance with University policies and manage both Human and Financial Resources within the directorate.
- Assist in the approval of Electtonic Fund Transfers payments and beneficiaries.
- Assist in the management of assets, including monthly reconciliations, revaluations, impairments, disposals and acquisitions.
- Accrue for additional expenses not yet processed at month end.
- Oversee staff development and management (including recruitment, performance management, development, reward and retention).
Inherent Criteria
- An Honours Degree in Accounting or equivalent
- Seven years relevant experience in financial reporting and consolidations.
- A registered accountant with a recognised accounting body such as ACCA/CIA/SAIBA/SAICA/SAIPA or similar.
- CaseWare knowledge would be an advantage
Application Requirement
CV and Certified Academic Qualifcations
