Chief Executive Officer at NSFAS

Vacancy No 40 of 2023/2024 
Department & Unit Office of the Executive Officer

POSITION OVERVIEW:

• To provide strategic direction through inspired leadership, to make high-level decisions about policies and strategies whilst being responsible for developing and implementing operational and strategic planning and to engage significantly with a wide range of stakeholders in the higher education sectors.

RESPONSIBILITIES
Core Strategic Objectives

•  Implement the Nsfas mandate and strategic vision of the Board.
•  Lead, formulate and implement the Five-Year Strategic Plan of NSFAS cascaded into Annual Performance Plans (APP).
•  Ensure quality reporting as per PFMA requirements including quarterly and annual reporting to the Board and shareholder.;
•  Develop and implement medium to long-term business imperatives that lead to positive results for beneficiaries and stakeholders
•  Initiate, plan and implement projects to enhance efficiency and add value to Nsfas beneficiaries and stakeholders.
•  Be responsible for the development, resource mobilisation and implementation of the Nsfas budget in consultation with the Chief Financial Officer.
•  Be responsible for the internal audit function.
•  Be overall responsible for the risk management strategy of Nsfas
• People management and ethical leadership
•  Lead the organisation in a way that promotes ethical leadership, accountability, and good governance.
•  Create a fit-for-purpose organisational structure, human resource and performance management systems and culture.
•  Lead the acquisition, selection, and orientation of Executive Management team members.
•  Performance management, leadership, coaching and mentoring of direct reports.
•  Lead the Executive Management team.
• Stakeholder relationships
•  Lead the strategic positioning of Nsfas with internal and external stakeholders.
•  Manage and influence relationships with key stakeholders in the higher education sector.
•  Engage and consult stakeholders regularly on the mandate and performance of Nsfas.
•  Communicate effectively and establish credibility throughout NSFAS.
• Relationship with NSFAS Board
•  Communicate effectively with the Board through the Board chairperson.
•  Perform the functions as determined by the board.
•  Provide reports to the Board as required by the PFMA and Board Charter.

DESIRED SKILLS AND EXPERIENCE
Minimum requirements:

•  Master’s in Business Administration, Masters in Financial Services or Chartered Accountant qualification
•  15 years’ experience in a management position with five years at an executive level
•  Experience within the Public Services and Education and Training Sector is advantageous
•  Experience in developing, planning, and implementing successful organisational strategies in big and/or complex organisations.
•  In-depth knowledge of corporate governance, finance, and performance management principles.
• Preferred:
•  Experience in the banking and financial services sector
•  Knowledge of the higher education sector

Skill and Competencies:

•  Strategic thinking
•  Organisation and planning
•  Critical analytical and conceptual thinking
•  Change management
•  Managing complexity
•  Decisiveness
•  Building sustainability and innovation
•  Fairness, transparency, honesty and integrity
•  Leveraging diversity
•  Navigating the political landscape
•  Leadership and team building
•  Judgement
•  Emotional intelligence
•  Commercial and business acumen
•  Stakeholder engagement
•  Report writing
•  Negotiation and conflict management
•  Presentation and communication