Director: Student Finances

2 weeks ago

Bellville, Western Cape, South Africa University of the Western Cape Full time
Title of Position- Director: Student Finances- Post Number Faculty/Department- University of the Western Cape -> Finance & Services -> Finance (Management)- Type of Position- Permanent - Full Time- Length of Contract Period- Location- Main Campus - Bellville, WC ZA (Primary)- Closing Date- 16/2/2024
Role Clarification & Key Performance Areas

As the Director:

Student Finances, you will be at the forefront of our student financial operations, leading a team of skilled professionals to design and execute strategies that drive informed decision-making.

You play a pivotal role in shaping our student finance processes, collaborating cross-functionally, optimise resource allocation and contributing to the long-term financial sustainability of the University.

Reporting to the Executive Director : Finance & Services, the key responsibilities will include:

  • Strategically manage and smooth running of the student finances sections.
  • Develop and implement comprehensive financial reporting frameworks that provide accurate and timely reports and insights to support decision making.
  • Management of accuracy and timely student billings and collection functions. Lead the annual billing and collection process, working closely with senior management to ensure alignment with strategic objectives.
  • Monitor financial performance against budgeted collections and forecasts, identifying areas for optimisation and improvement.
  • Collaborate with stakeholders to analyse financial data and provide strategic recommendations for collections and interventions.
  • Stay abreast of industry trends, regulatory changes, and best practices to continuously refine business processes.
  • Direct management, development and motivation of the student finance team.
  • Streamline business processes and introduce new systems that will enhance sector best practice.
  • Management of relevant service providers and service level agreements.
  • Management of compliance with legislation and regulations.
  • Reporting on financial matters to various management and governance structures.
  • Design of policies, standard operating procedures and business processes that achieves efficiency and effectiveness.
  • Foster relationships with stakeholders and represent the Department of Finance and the University on various platforms.
  • Management of all student finance audits and regulatory requirements including accounting, annual financial statements calculations and disclosures.
  • Implement and facilitate policy and business processes that support the enhancement of student billings and collections.
  • Participate in various leadership and stakeholder engagements.
  • Ensure data integrity and the use of modern systems to build and maintain business intelligence capabilities, financial reviews and reporting.
  • Manage various special projects as required.

Minimum Requirements

  • Chartered Accountant (SA) or equivalent
  • Five years in a management role and relevant experience.
  • Skills: Exceptional analytical and problemsolving skills, with the ability to translate complex financial data into actionable insights.
  • Strong leadership and team management experience, with the ability to inspire and motivate your team to achieve their best.
  • Excellent communication and interpersonal skills.

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