Financial Manager (P7) UJInvnt (Pty) Ltd (3 Year Contract without Benefits) at University of Johannesburg

Job Description:

• The Financial Manager will oversee all financial operations, ensuring alignment with organizational goals and regulatory standards. This role requires strategic oversight of budgeting, forecasting, financial reporting, and risk management. The ideal candidate will drive financial efficiency, optimize cash flow, and provide actionable insights to support executive decision-making. The Financial Manager will be required will provide critical financial insights to support strategic decision-making and operational efficiency. This role involves preparing financial reports, managing budgets/forecasts, analyzing costs, and ensuring compliance. The ideal candidate will collaborate cross-functionally to drive financial health and achieve organizational goals.

Responsibilities:
Financial Planning and Analysis

• Lead annual budgeting, quarterly forecasting, and long-term financial planning. 
• Analyze financial performance against targets and recommend corrective actions.

    Financial Reporting

• Prepare monthly/quarterly reports (P&L, balance sheets, cash flow), ensuring accuracy and timeliness
• Present management accounts to clients and provide relevant domain-specific commentary/input

     Budgeting & Forecasting

• Lead annual budget creation, update forecasts, and analyze variances against targets.

  Cash Flow Management

• Monitor cash flow, liquidity, and working capital to ensure operational stability, including money in the bank of the company. 
• Oversee the bank accounts of company subsidiaries
• Optimize accounts receivable/payable processes and investment strategies. 
• Effect the remuneration of board members
• Effect the payment of service providers on time
• Evaluate cost structures, identify savings, and advise on pricing/profitability (cost analysis).

 Strategic Support

• Provide data-driven insights for business planning, investment decisions, and KPIs. 
• Partner with senior leadership to evaluate mergers, acquisitions, and capital investments.
• Develop financial models to assess ROI and scenario-based outcomes.

 Compliance and Risk Management

• Ensure adherence to accounting standards (GAAP/IFRS), tax regulations, and internal controls. 
• Mitigate financial risks through proactive audits and policy enforcement. 
• Assist with audits.
• Assist with financial risk mitigation.

Process Improvement

• Optimize accounting systems and reporting tools.

 Financial Analyses and Investment Support

• Conduct analyses for mergers, expansions, or cost-reduction initiatives in investee companies
• Process the acquisition of royalty certificates, receive royalties and distribute/allocate as is required.

Minimum requirements

• Master’s degree in Accounting/Finance or MBA, or CPA/CMA preferred. 
• 5–7 years' in financial management, FP&A, or corporate finance roles. 
• Proficiency in ERP systems (e.g., SAP, Oracle), advanced Excel (pivot tables, macros), and BI tools (Power BI, Tableau). 
• Expertise in financial modeling, variance analysis, and scenario planning. 
• Strong leadership, strategic thinking, and stakeholder communication. 
• Strong analytical, communication, and problem-solving abilities; detail-oriented. 
• Experience in Venture Capital, Private Equity, Investment, Impact Investment, Banking, and Development Finance
• Knowledge of Power BI, SQL, or automation tools.
• Valid driver’s license

Competencies and Behavioural Attributes:

• Business principles and processes
• Budget process
• Electronic Financial Processing System (Oracle, ITS, GL, Wand, I-Procurement)
• Accounting Principles in practice
• A good understanding of policies and procedures
• Reconciliation between different modules and systems
• Written and verbal communication conflict resolution skills
• Ability to make quick and effective decisions
• React proactively to issues
• Manage own time and for others
• Identify and resolve problems
• Plan effectively for both short and long term
• Ability to multitask
• Influence/relationship.
• Relationship Management
• Operational awareness
• Ethical
• Excellent interpersonal skills.
• Accuracy, detail, and quality checking

Recommendations:

• Knowledge of Company rules and regulations
• Working knowledge of the Higher Education environment

Deadline:13th August,2025