Finance Officers Research

5 months ago

Durban, South Africa Durban University of Technology Full time

Durban University of Technology (DUT) is located on the warm east coast of South Africa. It sprawls over seven

(7) campuses in tropical and picturesque Durban, and in Pietermaritzburg, with its undulating hills that flow over from the Drakensberg Mountain.

According to our _ENVISION2030 _strategy, DUT’s DNA has two strands, namely _‘people-centred and engaged’ _and _‘innovative and entrepreneurial’_. These are interwoven intrinsically by a number of double pairs consisting of _‘values and principles’ _that bind our double-helix together. The extrinsic expression of our DNA is via _The DUT-Way_; which demonstrates our collective character and behaviour.

The University’s ultimate goal is to contribute towards improving the lives and livelihoods of all its people, both internal and external. DUT consistently strives towards excellence and greatness in teaching-learning and in research-innovation; something that has been recognized recently when _The Times Higher Education’s World University Rankings _placed DUT within the top 500 of universities in the world and within the top 5 universities in South Africa. The enactment of these internationally recognized strengths is demonstrated in our impactful engagement internally and externally in service of our localities, the region and the country at large.

**FINANCE**
**Post: FINANCE OFFICERS RESEARCH (X3)**
**Minimum Requirements**:

- Degree in Accountancy or Finance (NQF Level 7)
- Minimum of 2 to 4 years' experience in finance and private funding financial accounting and related administration
- Knowledge of relevant legislative and DHET funding requirements
- Knowledge of funders/donors and their funding objectives and requirements
- Understanding of the Higher Education environment
- Understanding of Financial management practices
- Understanding of Financial systems
- Advanced Proficiency in MS Office
- Demonstrated ability to engage with various internal and external stakeholder engagement
- Report writing skills

Duties (but not limited to):

- Monitor and maintain budgets pertaining to identified projects according to the funder’s requirements
- Review and amend budgets according to changes from funders. Communicate changes to the budget to all relevant stakeholders
- Implement financial control measures on all external projects
- Create cost centres and ledger accounts in the general ledger as required
- Update and maintain data on the finance system to accurately reflect the budget as well as entries in the appropriate cost centres and ledger accounts
- Monitor and review payment requisitions received to ensure compliance with DUT financial policies and budgetary provisions. Address any deviations with relevant stakeholders
- Check funding claims received to ensure compliance with the required policies, standards and requirements
- Process requisitions for goods and services in accordance with DUT’s policy and procedure
- Consolidate and prepare monthly claims received for submission to funders and donors
- Prepare reports for purposes of reporting to various structures as required, in accordance with the reporting schedule
- Prepare financial reports for submission to funders in accordance with the reporting format and timeline requirements to ensure ongoing funding
- Collate relevant information, draft and submit reports to management, research team, project leaders and any other stakeholders as per the agreed timelines
- Update and advise internal stakeholders, such as the research team, on DUT financial and funding-related policies and procedures
- Adhere to agreements between DUT and funders as well as the policies and procedures governing the funding agreement and process in order to maintain credible relations with all funders/donors
- Update and advise internal stakeholders on the availability of funds within their functional areas
- Support and advise researchers

**Status of position: Permanent**

**Contact Person: Ms. BZ. Ngcobo**

**To Apply**:
University’s equity policy” The University reserves the right NOT to make an appointment.

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