Readvertisement Assistant Financial Accountant

**Assistant Financial Accountant (Grade 15)**

**Finance Division**

**Main Objectives**

To extract and provide supporting schedules and information for the completion of the University’s annual financial statements, prepare financial statements for University-related projects, and complete statistical returns for the SA Reserve Bank and others. To provide a service with regard to budget preparation and budget variance investigation for the Finance Division. Maintaining the general ledger system, thereby ensuring the integrity of data and the quality of financial reporting. To provide effective & efficient accounting/administration and control measures in accordance with the University’s policies and procedures. This includes Fixed Asset administration and Inventory accounting, various VAT and other SARS-related returns administration forms, and participation in month-end and year-end procedures, including internal and external audit requirements.
The Financial Accounting Unit is within the Finance Division and operates within a sub-structure where its sub-units report to the Senior Manager: Financial Control

**The Requirements**

A relevant bachelor’s degree or Advanced diploma (NQF 7) in Financial Accounting or Auditing, plus approximately 6 years of experience in financial accounting and reporting, where such experience includes:

- - Preparing Annual Financial Statements in accordance with a recognised financial reporting framework (e.g., IFRS), preparing reconciliations, and audit working papers for a minimum of 3 years.
- Budget preparation and variance analysis, including investigative follow-up.
- Experience in maintaining General Ledger structures and account coding.
- Experience coordinating external audits and managing audit documentation.
- Advanced computer literacy, especially in accounting systems and Excel.
- Experience with inventory and fixed asset accounting, including depreciation processes.
- A minimum of 2 years of supervisory experience
- Exposure to statutory reporting for DHET, SARB, and Statistics South Africa, and familiarity with restricted vs unrestricted fund accounting in a university context, will be an added advantage
- A thorough understanding and experience of VAT as it applies to Higher Education Institutions will be an advantage

**Application Process**

**The following documents are required**:

- A comprehensive CV and relevant qualifications which should include the following: - Reasons for leaving your current and previous jobs.

- A strong and succinct motivation outlining your interest in the post and suitability relative to the job requirements.

- Short-listing meeting: TBC
- The selection process that will be followed for this post will include an assessment and/or presentation and an interview.

**Remuneration per annum (Grade 15)**:
Basic Pensionable Salary per annum: R693 760

Cost to Company per annum (Approximately): R902 270

** Closing Date: 05 January 2026**

Our core values and principles are the foundation of our commitment to creating a positive, supportive, and enabling environment. These values guide our decisions, actions, and how we engage with each other as we work to achieve our vision and mission.**

These values are:
**Diversity; Integrity; Respect; Excellence; Collegiality and Compassion**

Recognising that diversity is important in achieving excellence. Rhodes University strongly encourages South African members of underrepresented designated groups as well as persons with disabilities to apply. Spouses and partners of existing staff members are also encouraged to apply.

Please note all appointments are made in line with the requirements of the Employment Equity Act of 55 of 1998, as amended, the Immigration Act No. 13 of 2022 and the University's Recruitment and Selection policies.