UP Professional and Support
UNIVERSITY OF PRETORIA
EXECUTIVE DIRECTOR: FINANCE AND BUSINESS INITIATIVES
PEROMNES LEVEL 2
The University wishes to appoint an Executive Director: Finance and Business Initiatives, who should be a visionary, strategic and dynamic leader who will manage the University's financials and business initiatives.
The University of Pretoria is one of South Africa's top research-intensive universities dedicated to producing high-quality research that addresses complex issues. It is one of the highest producers of research and makes a major contribution to postgraduate and postdoctoral fellowship training, as well as nurturing and supporting researchers at different stages of their research careers. It is home to the largest number of National Research Foundation (NRF)-rated researchers.
The University is committed to equality, employment equity and diversity.
In accordance with the Employment Equity Plan of the University and its Employment Equity goals and targets, preference may be given, but is not limited to, candidates from under-represented designated groups. The Executive Director: Finance and Business Initiatives is appointed by Council and is accountable to both Council and the Vice-Chancellor and Principal.
The Executive Director will be a member of the University's Executive team who reports directly to the Vice-Chancellor and Principal and assists in leading and managing the University.
As a member of the Executive team, the incumbent must provide leadership for the implementation of the University's vision, mission and strategic plan, reflecting and enhancing the University's commitment to excellence, relevance, diversity, transformation and sustainability.
RESPONSIBILITIES:
The Executive Director-Finance and Business Initiatives main responsibilities will be to:
Strategic Management
Formulate the University's financial goals and strategies for approval by the Vice-Chancellor and Principal.
Provide leadership in strategic planning, policy development, forecasting, analysis of resources, budgeting and cash flow management.
Provide strategic and operational financial direction and guidance to the Vice-Chancellor, Executive Management and Senior Management.
Provide strategic leadership in business initiatives in line with the University's objectives.
Serve as a strategic advisor to the Vice-Chancellor and Principal, as well as to Executive Management and Senior Management.
Financial and Operational Management
Provide strategic and operational financial direction and guidance to the Vice-Chancellor and Principal and Executive Management.
Provide direction and leadership in the preparation of annual budgets.
Manage the University's financial controls and fiduciary stewardship.
Oversee the management reporting of the University.
Managing the University's business strategies and initiatives
Direct the analysis and interpretation of financial information and assist in the development of the University's business operational plans.
Provide financial planning strategies for business initiatives.
Management of the University's business units
Manage and provide strategic financial leadership of the University's business units.
Human Resources Management
Provide leadership to direct reports and ensure that their teams are capable of executing the University's goals and objectives.
MINIMUM REQUIREMENTS FOR APPOINTMENT
Registration as a Chartered Accountant (South Africa);
Ten (10) years' proven broad managerial experience in Finance, with at least five (5) years in a senior or Executive role;
A minimum of five (5) years of an exceptional track record in financial management and administration;
Strong leadership skills, excellent communication and interpersonal skills.
ADDED ADVANTAGES
A Masters' degree in Finance or Accounting;
At least 5 years in a senior role in the higher education environment;
Proven innovative entrepreneurship experience.
REQUIRED COMPETENCIES (SKILLS, KNOWLEDGE AND BEHAVIOURAL ATTRIBUTES)
Advanced extensive knowledge of International Financial Reporting Standards (IFRS);
Expert knowledge in developing and interpreting Financial Statements;
Excellent knowledge of Tertiary Financial Systems;
Expert knowledge of investment portfolios and short-term insurance;
PLEASE NOTE:
All shortlisted candidates may be required to participate in relevant skills assessments as part of the selection process.
TO APPLY
All applications must be submitted electronically through the Careers@UP link on the University website.
CLOSING DATE: 31 AUGUST 2024 at 16h00.
No application will be considered after the closing date, or if it does not comply with at least the minimum requirements.
ENQUIRIES (regarding the application process): Jeovitah Chimhamhiwa, Tel: 012 420 6149, email: ******.
ENQUIRIES (regarding the role): Sithembile Mbuyisa, Tel: 012 420 2375 email: ******.
By applying for this vacancy, candidates consent to undergo verification of personal credentials and related information.
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