Head Of Finance Krugersdorp

Head Of Finance Krugersdorp

Duties and Responsibilities:

Business Partnering Across the Campus

- Plans and manages the finance approach on campus specifically the budget as aligned to the overall campus plan.
- Supports the overall budgeting process across the campus.
- Tracks and monitors the budget throughout the year.
- Monthly analysis of variances. Preparing variance analysis for campus Senior Management Team so comment can be provided.
- Reviews expenditure and costs and suggests remedial actions to achieve EBIT (Earnings Before Interest and Tax).
- Forecasts outcomes for year end EBIT and proposes plans in order to achieve the amount or reallocate to business critical area.






- Works with campus Senior Management Team to review expenditure and advise on approaches to achieve EBIT.
- Manages the budget preparation process as per the national guidelines.
- Tracks and communicates the budget to stakeholders monthly.

Management of Internal Controls

- Implements, monitors and enforces the internal control environment across the campus.
- Reviews internal controls, identifies risk and makes amendments and recommendations.
- Manages the asset register and updates in the event of movements and changes.
- Conducts monthly audit of assets across the campus including working with IT and Facilities for tagging of assets.
- Monitors the compliance to registration process including documentation, process adherence and accuracy.
- Reviews, handles and resolves audit findings.
- Updates and reconciles Fixed Asset register Reconciliations - gives the new asset numbers to the relevant departments to ensure asset are tagged - weekly / monthly.

Debtors Management

- Drives the achievement of monthly targets for the collection.






- Tracks and analyses daily performance of the team.
- Co-ordinates the correct allocation of bank statements to student accounts.
- Checks that payment plans on student accounts are all loaded correctly.
- Co-ordinates that all adjustments and refunds are captured as well correct supporting documentation is obtained.
- Checks that banking is balanced and completed on at least twice a week and all ensures relevant policies and procedures are adhered to.
- Co-ordinates and oversees the process whereby monthly student statements are emailed and communicated within the specified timelines.
- Oversees the debt collection process to meet the specified debt collection requirements.
- Reconciles student bursaries and any necessary adjustments to individual student accounts.






- Review credit balance report to ensure that correct processing against unit accounts and compliance with regulatory requirements.

Creditors Management

- Verifies and reconciles purchase orders and invoices.
- Captures invoices and payment of invoices to creditors accounts.
- Substantiates individual transactions prior to settlement of those invoices.
- Makes weekly / monthly payment of creditors.
- Manages and balances procurement card on campus continuously.
- Prepares ongoing procurement card reconciliations
- Captures all new suppliers onto system.
- Reconciles supplier accounts to creditors ledger.

Student Administration

- Oversees the administration process related to cancellations, deregistrations and appeals of student contracts continuously.





This includes weekly participation on relevant committee.
- Manages campus administration for registration process.

Billing and Reporting

- Balances loan and sweeping accounts weekly.
- Captures bank statements daily and sends bank reconciliations out monthly.
- Loads and reconciles salary and lecturer journals - monthly and investigates variances where applicable.
- Processes and balances monthly General Ledger reconciliation - up to Trial Balance.
- Oversees the updates of the credit balance report - monthly.
- Provides weekly cash flow and Capex report.
- Checks and clears all debit balances from vendor accounts - monthly.
- Raises accruals for expenses not yet received - monthly.
- Assists in the drawing up of the yearly budget - normally twice a year.






- Manages dual reporting responsibilities of all of the above to both National and campus Senior Management Team.
- Reports on results as part of the campus Senior Management Team.

Finance Team Management

- Manages Credit Controllers to achieve monthly financial targets and ensures operational effectiveness.
- Oversees campus finance team to ensure smooth functioning of student administration for the campus.
- Ensures that finance and operations work together to ensure best student customer service is achieved.
- Develops, trains and manages performance for the team to ensure optimal performance.

Competencies required:

- Problem Solving
- Time Management
- Analytical
- Supervising
- Computer
- Communication

Minimum Qualification:







- Advanced Diploma / Bachelors Degree (NQF Level 7) in Accounting or Financial Management

Minimum Experience:

- Minimum of 3 - 5 years Financial experience running a finance department up to Trial Balance. 2 years Management Experience. Higher Education environment preferable.

Working Hours:

- Monday to Friday : 08:00 -17:00
- Alternate Saturdays as required.

Salary:

- Competitive salary commensurate with experience.

Benefits:

- Lifelong learning opportunities through learning subscriptions.
- Staff and family discounts on educational programmes within our brand portfolio.
- Incentive bonus structure based on performance and achievement of goals.
- Provident fund contributions, including Death and Funeral Cover,





to support your financial well-being and future planning.
- Birthday vouchers to celebrate your special day.
- Competitive annual leave allowance for well-deserved time off and rejuvenation.

Market Related

Are you in search of a fresh career path? Or seeking out exceptional talent to propel your company forward?

Our dedication lies in meeting the needs of both our clients and candidates alike. By focusing on a select group, we ensure personalised attention, facilitating national recruitment endeavors.

We view this as a chance for mutual satisfaction, the outset of a fruitful partnership.

From local placements, and remote to on-site roles, we've got you covered.

Feeling overwhelmed? Let us navigate the search for your perfect fit.







Whether you're a seasoned professional or a recent graduate, we're eager to connect.

Spare yourself the hassle; we'll handle the preliminary online interviews.

We strive to match candidates perfectly with clients, ensuring alignment not only in skills but also in culture, fostering a harmonious and effective working relationship.

stay connected with our LinkedIn page to receive the most recent news, updates, and current status of our job openings across the nation.

https://www.linkedin.com/company/103441814/admin/feed/posts/

▶️ Head Of Finance Krugersdorp
🖊️ Catch Recruit
📍 Krugersdorp