FINANCIAL AND ACCOUNTING SERVICES SECTOR EDUCATION AND TRAINING AUTHORITY (FASSET) VACANCIES

​Randburg, Gauteng
 
Financial and Accounting Services Sectoral Education and Training Authority (FASSET) is a Schedule 3A Public Entity established in terms of the Skills Development Act No. 97 of 1998 as Amended.
 
SUMMARY
Name of Position: Finance Manager
Closing Date for Applications: 25 August 2025 @12:00
Remuneration: R1 126 709,59 p.a (TCTC-non-negotiable)
Reference: FAS/RECRUITMENT/FM1
 
JOB IDENTIFICATION
Department: Finance
Reporting Line: Chief Financial Officer
Full-time/Part-time/Contract: Permanent
 
PURPOSE OF THE JOB
To manage the Finance department operations and ensure compliance with business, regulatory and GRAP requirements.
 
MAIN ACCOUNTABILITIES
• Manage and implement efficient and effective management of levies, mandatory and discretionary grant functions, ensuring compliance to required time frames and legislation and regulations;
• Prepare sound, accurate monthly project and financial reports;
• Ensure the compilation of sound accurate annual contract commitment reports;
• Efficiently manage the collection and recording of all revenue transactions into the accounting system according to the Generally Recognised Accounting Practice (GRAP) recognition and measurement principles;
• Prepare project forecasts and contract cash flow projections;
• Ensure new projects are accurately and timeously set-up on the system to support operations and deliver on stakeholder needs and requirements;
• Continuously monitor the effectiveness and efficiencies of Levies and Grants processes and procedures and implement improvement and enhancements to optimally support SETA needs and requirements;
• Prepare management accounts and budget variance analysis;
• Prepare and submit all regulatory returns i.e. Estimates of National Expenditure (ENE), Medium term Expenditure Framework (MTEF) and Annual Financial Statements;
• Guide, facilitate and advice on the development, management and control of project budgets;
• Manage all sequences associated with SAGE Payroll;
• Effectively plan, coordinate, manage and execute ad hoc projects;
• Oversee and ensure the maintenance and accuracy of journal entries for the General Ledger and Trial Balance accounts for FASSET;
• Oversee and ensure the accuracy of journal entries and all General Ledger reconciliations to ensure accuracy of Trial Balance;
• Ensure the mitigation of the business unit’s risk profile through the application of fraud controls and risk prevention principles and implementing of sound governance and compliance processes and tools to identify and manage risks;
• Manage the internal and external audits;
• Prepare monthly grant summary reports;
• Prepare quarterly Mandatory grant payments;
• Ensure the effective implementation, management, monitoring of the business unit’s budget, and mitigate and report on any variances.
• Manage the finance teams by planning, assigning and monitoring tasks aligned to deliver on performance objectives and in response to changes in processes.
 
REQUIRED QUALIFICATION
Qualification
• Matric and Degree qualification in Finance/Accounting or relevant and equivalent qualification at NQF level 7.
• A Post Graduate Qualification is an added advantage;
• Completed Articles;
• SAIPA/SAICA/CIMA registration;
 
REQUIRED EXPERIENCE
Essential:
• Minimum of 7 years’ experience in Accounting/Finance within the Public Sector, of which 3 years should be at a manager level;
• Public Sector experience implementing PFMA and National Treasury Regulations is essential;
• 3 years post articles Accounting/Financial management experience;
 
COMPETENCIES REQUIRED
Critical 
• Impeccable English verbal and written skills.
• Demonstrate a thorough understanding of the South African Higher Education landscape
• Project management skills.
• Presentation skills.
• Organisational and coordination skills.
• Data analysis and interpretation skills.
• Communication skills, both verbal and written.
• Computer literacy skills.
• Advanced working knowledge of technology tools such as Excel, Word,
• PowerPoint and Outlook.
 
KNOWLEDGE REQUIRED
Essential 
• PFMA; National Treasury Regulations; GRAP; Annual Financial Statements;
• Experience in budget preparation and its management processes;
• Knowledge of working on accounting systems; Sage,
Pastel, Microsoft AX and added advantage.
• Strong time management and organizational skills.
• SAGE system;
• Comfortable working in fast-paced environment.

TOTAL COST TO COMPANY
As soon as possible.
 
DATE OF COMMENCEMENT
The TCTC to be offered for this position is R 1 126 709,59 p.a (TCTC-non-negotiable)
 
ASSESSMENT
Applicants may be required to undergo a competency assessment.
 
APPLICATION PROCESS
Submit a Full Curriculum Vitae (with 3 references), copies of your Matric certificate, Qualifications, ID and professional registration certificates by no later than 25 August 2025 @12:00 on: FM2025@fasset.org.za
 
Applications who do not conform to the qualification and experience requirements will be automatically disqualified. For any inquiries regarding the position kindly contact: Mr Karabo Dikgore Human Resources Department on 011 476 8570. Should you not hear from FASSET within 6 weeks of the closing date, kindly consider your application unsuccessful. Communication is limited to shortlisted candidates only.
 
FASSET applies the principles of employment equity as per National legislation and policy guidelines and will consider designated groups in line with these requirements. Preference will be given to previously disadvantaged groups including those with disabilities. Appointments will be made in accordance with the approved Employment Equity Plan to promote its equitable representation in terms of race, gender and disability.”
FASSET complies with the provisions of the Protection of Personal Information Act. By submitting your application for a position at FASSET, you are consenting that the personal information submitted as part of your application may be used for the purposes of the Recruitment and Selection related processes.