UNIVERSITY OF VENDA Creating Future Leaders CHIEF FINANCIAL OFFICER (CFO) (Five (5) year contract) (Ref: B1000) Reporting to the Vice Chancellor & Principal, the Chief Financial Officer is accountable for accurate reporting of the financial position and managing the University's financial affairs. As part of the Executive Management Committee (EMC), the CFO is responsible for the financial management of the entire university.
Duties: The CFO performs a wide range of responsibilities. These may include, but are not limited to: Managing the financial reporting for the university. This includes monthly financial reporting, budgeting and forecasting, 5-year financial plans and all statutory financial reporting, providing sound financial support and insights to enable the EMC to make critical business decisions. Presentation of financial results and insights to Fin-Com and Council, High level understanding of Higher Education sector, managing and overseeing the cash flow of the university and ensuring it has the appropriate treasury controls, managing the external auditor relationship and ensuring the university is compliant with accounting standards, managing and overseeing the university's banking and borrowing arrangements, mentoring and development of staff, overseeing accounts payable and accounts receivable, treasury, payroll, financial and management accounting functions. Risk Management to ensure the business has a solid risk framework in place, overseeing procurement and supply chain management, advising and implementing best practice methods to increase revenue and reduce costs, advising on market and sector changes and providing strategic financial recommendations to the EMC, managing and tracking budget and accounting information, reviewing all formal finance and related policies and procedures. Closing date: 01 May 2020 The University of Venda has introduced the e-recruitment system and no longer accept hand delivered, faxed or e-mailed applications. For full details of the position and to apply, please go to www.univen.ac.za and click on Vacancies. Should you need assistance, please call 015 962 9293. The University of Venda is an equal opportunity employer committed to the principles of Employment Equity. Women and people with disabilities are encouraged to apply. The University reserves the right not to make an appointment. Candidates with foreign qualifications will be expected to have their qualifications evaluated by the South African Qualifications Authority (SAQA) before they assume duty.
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