Job Details

  • 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

About University of Venda

The University of Venda is a South African comprehensive rural-based institution, located in Thohoyou in Limpopo province. It was established in 1982 under the then Republic of Venda government.