Senior Financial Officer (6 positions)

Position Summary

Industry: Education & Training

Job category: Other: Banking, Finance, Insurance, Stockbroking

Location: Potchefstroom

Contract: Permanent

Remuneration: Market Related

Introduction

NORTH-WEST UNIVERSITY (POTCHEFSTROOM CAMPUS) DIVISION: FINANCE AND FACILITIES DEPARTMENT: FINANCIAL PLANNING POSITION NUMBER: N000143/N000163/N001684/N000151/N001027/P002290 (6 POSITIONS) VACANCY: SENIOR FINANCIAL OFFICER PEROMNES GRADE: 10 EMPLOYMENT TYPE: PERMANENT APPOINTMENT PURPOSE OF THE POSITION: To provide appropriate support to the Manager/s of the assigned Organisation Unit/s (OUs) on the field of Financial Planning and Financial Management in accordance with NWU requirements, policies, guidelines and procedures. To fulfil the Fiscal Officer role which is to ensure the correctness and completeness of financial transactions as well as the structural maintenance of the Chart of Accounts. To assist with certain financial administration tasks.

Job Description

KEY RESPONSIBILITIES:

Financial planning and budgeting

• Assist the OU manager with the preparation and input of the annual budget on OU level.
• Assist the project manager in the OU with the preparation of project budgets, including the adherence to the NWU financial policy and guidelines.

Financial analysis, evaluation, reporting and control

• Compile the monthly variance report and discuss the OUs financial results with OU managers.
• Compile the OU debtors report and assist with the sundry debtors follow-up.
• Prepare and submit financial reports requested from external parties.
• Keep abreast of changes in NWU financial policies, guidelines and procedures.
• Fulfil the KFS Fiscal Officer role.
• Prepare the Credit note memos for sundry debtors.
• Confirm the availability of budget and the costing when OU manager wants to advertise a vacant position or appoint temporary staff or pay ad hoc salaries.
• Assist in the monitoring of physical assets of OU.
• Assist the Accountant with the follow-up of financial/audit queries.

Financial administration and support

• Assist with the initiating of the following e-docs on KFS: GEC, TF, DI and RJV.
• Assist with the initiating of sundry debtors invoices.

Ad hoc assignments

• Financial Planning office administration.
• Personal development.
• Assist with or prepare training material and assist with or
• present training workshops.
• Delivering of other financial planning and management tasks from time to time in coordination with the relevant Senior Accountant or Faculty Manager of Financial Planning.

Minimum Requirements

• A B. Com degree (NQF level 7) in Accounting 1 and/or Management Accounting 1.
• A minimum of 3 years experience in Financial Management within a financial environment.

Added Advantages

• Exposure to budgeting, reporting and analytical reviewing.
• ERP systems (e.g. Oracle, KFS).

Key Functional/ Technical Competencies

• Proven knowledge of general financial principles.
• Computer literacy in MS Office (Word, Excel and PowerPoint).
• Demonstration of language proficiency to function optimally in the various functionally multilingual environments of the NWU.
• Ability to multi-task and still function effectively and accurate under pressure.
• Attention to detail.
• Ability to provide daily oversight on how the funds are spent.
• Good communication, written and numeracy skills.
• Intermediate to advance proficiency in Microsoft Excel.

Key Behavioural Competencies

• A commitment to the provision of excellent client service in a cross-cultural environment.
• Ability to work accurately and to deadline with minimal supervision.
• Ability to work effectively in a team.
• Ability to strictly enforce policy and procedures.

Remuneration

The annual total remuneration package will be commensurate with the level of appointment as advertised and in line with the NWU policy guidelines.

ENQUIRIES REGARDING JOB CONTENT MAY BE DIRECTED TO: Farai Chingono: 016 910 3102

ENQUIRIES REGARDING RECRUITMENT PROCESS MAY BE DIRECTED TO: Ms Akhona Maqungo: 018 299 2624

CLOSING DATE: 20 February 2024

PLANNED COMMENCEMENT OF DUTIES: As soon as possible

Kindly take note: applications must be submitted online through the official NWU vacancy website.

Incomplete applications and those submitted through any other platform will not be considered.

The University subscribes to and applies the principles of Employment Equity (EE) Act and is committed to transformation. Preference will be given to candidates from the designated groups, in accordance with the principles of the EE Act and NWU Employment Equity Plan.

The University reserves the right not to make an appointment. Communication will be limited to shortlisted candidates only.

If you are not contacted within two months from the closing date of this advertisement, please accept that your application was unsuccessful.