About the Role
Our client, a growing educational institution, is seeking a seasoned and strategic Director of Finance and Administration to lead their financial operations and administrative functions in Welkom, Free State . This senior management position is responsible for the overall financial health of the organization, including budgeting, financial planning, accounting, payroll, and administrative services. The ideal candidate will possess strong financial acumen, exceptional leadership skills, and a commitment to maintaining the highest standards of fiscal responsibility and operational efficiency. You will play a vital role in supporting the institution's mission and strategic goals through sound financial management.
Key Responsibilities
- Develop and implement financial strategies, policies, and procedures to ensure the organization’s financial stability and growth.
- Oversee all aspects of the finance department, including budgeting, forecasting, financial reporting, accounts payable/receivable, and payroll.
- Manage the institution’s investment portfolio and ensure effective cash flow management.
- Develop and monitor annual budgets, providing financial insights and recommendations to senior leadership.
- Ensure compliance with all relevant financial regulations, accounting standards, and audit requirements.
- Lead and manage the administrative functions, including facilities management, human resources support, and procurement.
- Provide financial guidance and support to department heads and program managers.
- Conduct financial analysis to identify risks and opportunities, and develop strategies to mitigate risks and capitalize on opportunities.
- Oversee the institution’s financial IT systems and ensure data integrity and security.
Requirements
- A Master’s degree in Finance, Accounting, Business Administration, or a related field.
- Professional certifications such as CA(SA), ACCA, CIMA, or CPA are highly desirable.
- Minimum of 8 years of progressive experience in financial management and administration, preferably within the education sector.
- Proven experience in budgeting, financial planning, and reporting.
- Strong knowledge of financial regulations, accounting principles, and auditing standards.
- Excellent leadership, management, and communication skills.
- Proficiency in financial management software and ERP systems.
- Experience in managing administrative functions and leading diverse teams.
- Familiarity with the Free State educational landscape is a plus.
Benefits
- Competitive executive salary and comprehensive benefits package.
- Significant opportunities for professional development and leadership.
- Contribution to the strategic direction of a reputable educational institution.
- Generous paid time off and a supportive work environment.
- Access to professional networking and development opportunities.
- Potential for performance-based bonuses.