FACULTY ACCOUNTANT - N001543

Listing reference: nwu_000334
Listing status: Under Review
Apply by: 2 December 2021
Position summary
Industry: Education & Training
Job category: Financial Management
Location: Potchefstroom
Contract: Permanent
Remuneration: Market related
Introduction
NORTH-WEST UNIVERSITY (POTCHEFSTROOM CAMPUS) FACULTY/ DIVISION: FINANCE AND FACILITIES POSITION NUMBER: N001543 VACANCY: FACULTY ACCOUNTANT PEROMNES GRADE: 8 EMPLOYMENT TYPE: PERMANENT PURPOSE OF THE POSITION To provide appropriate support to the Executive Manager of the assigned portfolio/s on the field of Financial Planning and Financial Management in accordance with NWU requirements, policies, guidelines and procedures. The Faculty Accountant also coordinates the Financial Planning functions for the assigned portfolio/s. Furthermore, the purpose of the role is to support the Senior Accountant (Support portfolio coordination) and/or the Manager Faculty Accountants (Faculty portfolio coordination) in fulfilling his/her tasks. Lastly, to stand in (act as Deputy) for the Senior Accountant/Manager Faculty Accountants in his/her absence.
Job description

JOB DESCRIPTION
KEY RESPONSIBILITIES:
1.    Management and Leadership
·         Coordinate the Financial Planning functions and processes for assigned portfolio/s.
·         Lead the Financial Planning team assigned to this position.
·         Attend the management meeting/s of the assigned portfolio/s as the finance specialist and provide financial advice, feedback and coaching, as and when needed.
·         Fulfil the acting Senior Accountant/Manager Faculty Accountants role in his/her absence.
2.    Financial Planning and Budgeting
·         Participate in the budget planning process.
·         Manage and coordinate the annual budget process of the assigned portfolio/s.
·         Review project budgets and ensure adherence to the NWU financial policy, guidelines, and the external funders' requirements.
·         Provide financial implications and consequences input to assist the Executive Manager and his/her management team with strategic decisions and formulation of business strategies (integrated planning function).
3.    Financial analysis, evaluation, and reporting
·         Prepare a consolidated financial report for the assigned portfolio/s and discuss the report with the Executive Manager.
·         Discuss quarterly the consolidated financial report with the portfolio/s management team during a management meeting.
·         Review and sign off on the financial reports requested from external parties.
4.    Financial control and risk management
·         Keep abreast of changes in NWU financial policies and guidelines and advise on interpretation.
·         Oversee the KFS Fiscal Officer role.
·         Act as KFS Financial Reviewer.
·         Manage financial aspects of all external contracts, including sundry debtor’s management.
·         Manage control of physical assets.
·         Ensure that all system requirements in terms of half-year and year-end procedures have been met timeously and assist with the follow-up of financial/audit queries
·         Evaluate the internal financial controls and the effectiveness of the processes and procedures in the assigned portfolio/s and seek and implement improved internal controls, processes and procedures.
5.    Ad hoc assignments
·         Perform Financial Planning office administration.
·         Ensure effective personal development.
·         Deliver other financial management tasks from time to time in coordination with the allocated supervisor in the Director of Financial Planning office.

       
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:                    Ms Corene Flemming on 018 299 4942
ENQUIRIES REGARDING RECRUITMENT PROCESS MAY BE DIRECTED TO:  Refiloe Khabo on 018 299 4799
CLOSING DATE:                                                                                                   02 DECEMBER 2021
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 Employment Equity (EE) Act principles 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.
 

Minimum requirements

MINIMUM REQUIREMENTS:
·         BCom degree or equivalent (NQF 7) with Accounting 3 or Management Accounting 3.
·         Five (5) years’ operational experience in Financial/Management accounting in a medium to large size organisational environment.
·         Three (3) years experience in managing staff.
·         Three (3) years’ experience with ERP systems, e.g. Oracle and KFS.

ADDED ADVANTAGE & PREFERENCES:
·         Three (3) years of completed articles.
 
KEY FUNCTIONAL/ TECHNICAL COMPETENCIES:
·         Proven knowledge of management, general financial principles, financial modelling and costing of products.
·         Computer literacy in MS Office (Word, Excel and PowerPoint).
·         Intermediate to advanced proficiency in Microsoft Excel.
·         Proven high level analytical and interpretive abilities and problem-solving.
·         Excellent report writing skills.
·         Demonstration of language proficiency to function optimally in the various functionally multilingual environments of the NWU
·         Excellent time management, organisational skills (including organising various types of people), as well as ability to prioritise
·         Must be able to handle interruptions and changes (Ability to multi-task and still function effectively under pressure)

KEY BEHAVIOURAL COMPETENCIES:
·         An ability to interact successfully with individuals from a wide range of professional and non-professional backgrounds, including internal and external clients.
·         A commitment to the provision of excellent client service in a cross-cultural environment.
·         Ability to take the initiative, exercise judgement, solve problems, and work accurately and to a deadline with minimal supervision.
·         Ability to lead and motivate others and work effectively in a team.
·         Ability to strictly enforce policy and procedures.
·         Ability to function effectively under pressure while maintaining good interpersonal relations.

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