Student Finance Officer

4 weeks ago

Durban, South Africa Durban University of Technology Full time

**Finance and Procurement**

**Post: Student Finance Officer **(Ref: 20001531; 20001532; 20001533)**

**Minimum Requirements**:

- B Degree in Accounting or equivalent qualification (NQF level 7)
- 3 - 5 years experience in revenue and account receivable management at a tertiary institution.
- Knowledge of tertiary fee planning and administration
- Knowledge of relevant legislation such as the National Debt Collection Act, NSFAS Act (Act 56 of 1999), National Credit Act (Act 34 of 2005), constitutional institutions, and public entities
- Proficiency in MS Office
- Knowledge of student liaison practices
- Communication skills

**Key Responsibilities**:

- Set the financial rules in the system relating to student registrations.
- Set the annual student payment agreement plans in the system.
- Link default agreement plans to students
- Run fee validation reports and verify the accuracy of information.
- Implement fee management strategies and plans in collaboration with other divisions.
- Propose and obtain agreement on installment plans to promote the recovery of student-related accounts
- Liaise and collaborate with parents, guardians and sponsors regarding payments and disbursements to student accounts.
- Prepare the student overdue account handovers for collection.
- Processing disbursements and allocation of student allowances and other sponsorship obligations.
- assistance.
- Processing of the student fee remission related to undergraduate and A and B aggregate pass rates.
- Processing of the fee remissions/ scholarships related to masters and doctorate students.
- Review the accuracy of student accounts and make necessary adjustments if required.
- Review all journal entries relating to student accounts.
- Reconcile all student related control accounts in collaboration with the Debtors Officer
- Check student account balances and late payment agreements and recommend corrective action.
- Facilitate the release of academic records, certificates, and confirmation of qualifications to students in accordance with DUT fee policy and procedure.
- Extract the student's records that qualify for debt write-offs and credit balance writebacks and process the transactions after approval by the Finance Committee of Council in accordance with relevant policy.
- Resolves student accounts disputes.
- Conduct stakeholder workshops as part of internal and external engagements to resolve challenges and inefficiencies.
- Adhere to the Service level agreements signed with other departments/divisions of the university.
- Representing the section in all inter-department committees related to debt management and student registrations.
- Draft reports within the area of responsibility such as the outstanding student fees, student refunds, and other related student debtors’ reports.
- Implement the AFS planned deliverables.

**Salary: Market related**

**Kindly note**:

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