POSITION OVERVIEW:

To participate in the development of NSFAS policies, operation plans, systems and procedures that drive the efficient and effective implementation of the NSFAS Finance Department deliverables. The role involves managing the consolidation of financial data, preparation of financial reports and financial statements

RESPONSIBILITIES:
Policy, Systems & Procedure Development

Participate in the development and management of the NSFAS finance related policy(ies), guidelines, and procedures.

Job Specification & Recruiting Profile of Vacancy
Core Strategic & Operational Objectives Development

Enable the implementation of the Finance unit’s strategic plans
Enable the implementation of the key performance indicators (KPIs) and operational plans of the unit
Develop and monitor the budget to the fund strategic objectives of the organisation
Align organisational budget to Annual Performance Plan
Monthly, Quarterly and ad hoc Reporting
Revenue management and reporting
Invoice management
Manage and implement the following:
Organisational planning, budgeting, optimisation and monitoring: admin budget, student budget and others
Cashflow analysis and projections
DHET Quarterly reports
Review of National Treasury templates
Facilitate the update of general ledger accounts
General Ledger analysis and review to identify variances and anomalies
Participate in the preparation of financial statements
Review working papers and supporting schedules
Perform duties of a bank signatory (Approve payment, opening and closing bank accounts)
Assist with the resolution of audit findings
Provide input to the compliance calendar
Assist with the resolution of audit matters
Coordinating and providing oversight over the audits by tracking Internal Audit and AGSA audit findings and RFIs

People Management & Ethical Leadership

Manage and participate in the recruitment and selection of subunit vacancies in line with EE targets
Delegate tasks to subordinates for implementation.
Manage the subunit team to achieve the set and agreed programmes.
Direct, inspire, coach and mentor subordinates to deliver quality programmes in line with NSFAS Values
Manage the individual performance contracting and review process for subordinates.
Manage all disciplinary matters of subordinates related to performance and conduct issues

Stakeholder Management & Relationships

Oversee the utilisation and implementation of the Finance and subunit related policy, processes, efficiency channels and databases to resolve stakeholder queries and complaints
Collaborate with stakeholders to enable Finance and subunit deliverables
Communicate with stakeholders such as DHET, National Treasury and AGSA for reporting purposes and to resolve stakeholder queries.

Project Management & Leadership

Manage and supervise the applicable projects to address identified needs as per the Finance

Department strategy.

Analyse and interpret project reports on completion of the project to evaluate return oninvestment and to inform decision-making.

Budget optimisation

Forecast for subunit core administration activities and projects
Expenditure in line with core activities and projects

Compliance Monitoring & Evaluation

Manage the plans and processes of subunit-related affairs in line with laws, policies and regulations.
Manage the subunits plans and processes that support the implementation of identified key
controls and established risk mitigation procedures
Analise and improve the audit, risk and compliance outlook

Information & Knowledge Management

Collaborate with stakeholders to build systems that enable the management of data obtained
from different sources.
Collaborate with stakeholders to use their experience, education and understanding to obtain
knowledge from this information.

Reporting & Accountability

on subunit strategic KPIs progress
on the subunit operational plan progress
on strategic stakeholders’ issues and interventions management
on internal and external audit and risk
on any other work in the mandate of the subunit

DESIRED SKILLS AND EXPERIENCE
Minimum requirements:

NQF Level 8 In Accounting
Computer literacy – Intermediate Microsoft Package suit
Driver’s license
Accounting and Reporting systems (Caseware, Acc Pacc, Office Dynamics etc)
5 Years’ experience in an accounting role of which 2 should be at the management level
Project management Skills
Knowledge of the National Government, Public Finance Management Act, National Treasury
regulations and GRAP reporting standards,

Preferred

Registered Chartered Accountant
10 Years’ experience in an accounting role of which 5 should be at the management level
Advanced project management Skills
Advanced knowledge of the Higher Education Sector, National Government, Public Finance
Management Act, National Treasury regulations and GRAP reporting standards,

Skill and Competencies:

Strategic and visionary
Project Management
Interpersonal Skills
Data Analysis
Presentation Skills
Goal orientation skills
Influential and advocacy
Systems and IT flair

go to method of application »

Interested applicants must complete and submit an Employment Application Form available on the NSFAS website. The form must be supported by a detailed Curriculum Vitae which includes amongst other things the vacancy name/position title you are responding to, copies of academic qualifications, Identity Document, and names of three contactable referees