Senior Financial Assistant V000296 - (Readvertisement)
Listing reference: nwu_002333
Listing status: Under Review
Apply by: 5 February 2024
Position summary
Industry: Education & Training
Job category: University and Academy
Location: Vanderbijlpark
Contract: Permanent
Remuneration: The annual total remuneration package will be commensurate with the level of appointment as advertised and in line with the NWU policy guidelines.
Introduction
NORTH-WEST UNIVERSITY: (VANDERBIJLPARK CAMPUS)
DIVISION: FINANCE AND FACILITIES
DEPARTMENT: STUDENT FINANCES AND FINANCIAL RELATED SYSTEMS
POSITION NUMBER: V000296
POSITION NAME: SENIOR FINANCIAL ASSISTANT
PEROMNES GRADE: P12
EMPLOYMENT TYPE: PERMANENT APPOINTMENT
Job description
PURPOSE OF THE POSITION
Collecting of Student Debt for Vanderbijlpark Campus.
JOB DESCRIPTION
KEY RESPONSIBILITIES:
1. Student Account Enquiries and Administration
- Assisting during registration; evaluate accounts, create deferments and general notes on each account.
- Create and maintain credit classifications per student.
- Prepare cases for the Financial Registration Committee.
- Perform account audits.
- Set-up debit order payment arrangements and/or alternative payment arrangements and monitor on a monthly basis.
- Maintain bursar relationships with selected bursars and assist with any information required.
- Prepare bursary invoices, submit to bursars and do regular follow-up on payments. Inform bursary office of bursary payments.
2. Debt Collection
- Perform actions as stipulated on the annual collection cycle.
- Send out monthly communication via sms, e-mails. Record communication on general tab.
- Monthly reporting on International Students, FRC payments and debit orders.
3. Graduations
- Obtain list at least 8 weeks before graduation.
- Determine financial status of student and communicate outstanding balances.
- Consistently monitor movement on payments and attendance.
4. Hand Over of Bad Debt and Monthly Attorney Debtors Reconciliations
- Identify accounts for handover.
- Communicate outstanding balances to students and do collections where possible.
- Pre-pare final list and obtain authorisation before handover dates.
- Perform VSS transactions before close of month-end.
- Prepare lists and files and handover to attorneys.
- Receive monthly payment reports and adjust general ledger balances accordingly (Selected Attorneys only).
5. Ad Hoc
- Assist with all reasonable and ad hoc tasks that might surface in the line of duty in the Student Accounts & Bursary Department.
Minimum requirements
- Grade 12 (NQF level 4).
- A minimum of 2 (two) years’ experience in financial processing.
ADDED ADVANTAGES:
- Any Accounting or Financial Qualification.
- A minimum of 1 (one) year experience in the tertiary education environment.
- A minimum of 1 (one) year experience in Kuali Financial System and VSS System.
KEY FUNCTIONAL/ TECHNICAL COMPETENCIES:
- Ability to do continuous following up and tracking.
- Problem solving skills.
- Computer Literate in MS Office.
- Good communication skills – speaking and writing.
- Punctual.
KEY BEHAVIOURAL COMPETENCIES:
- Client Service Orientated.
- Ability to function in a team and independently.
- Time management and ability to work accurately under pressure.
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: Ms Lize Bierman on 0169103304
ENQUIRIES REGARDING RECRUITMENT PROCESS MAY BE DIRECTED TO: Ms Moratuwa Motsemme on 018 299 4958
CLOSING DATE: 05 January 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.
