Finance /Business Manager - Education

ExecutivePlacements.com - The JOB Portal; Durban; On-site; USD 40,000 - 60,000; Full time

Job summary

A Private School in Durban is seeking a Business Manager to oversee finance and facilities functions. The ideal candidate will have extensive financial management experience, an accounting qualification, and be ready to ensure effective financial strategy, reporting, and compliance for the school.

Qualifications

• At least 5 years of experience as a Financial Manager or in a senior accounting role.
• Experience in educational finance is advantageous.

Responsibilities

• Prepare and manage the annual School budget.
• Ensure completion of audits and finalize financial statements.
• Manage the Financial Department and oversee financial reporting systems.

Skills

Financial skills

Compliance

Systems

Reporting

Broad business competencies

Education

Tertiary Accounting qualification

Job description

Finance/Business Manager - Education

Recruiter: The HR Company

Job Ref: Dur000326/Candi

Date posted: Friday, May 9, 2025

Location: Durban, South Africa

SUMMARY: Our client, a Private School located in the heart of Durban's Berea, requires a Business Manager responsible for the Finance and Facilities functions of the School. The Business Manager is expected to achieve revenue targets and expenditure control to meet strategic objectives.

POSITION INFO:

Job Profile: Operational Management & Leadership

• Prepare, develop, and maintain long-term finance strategies and policies aligned with the overall strategy.
• Prepare the annual School budget in accordance with the school's strategy and ensure that individual school/department budgets contribute to the school strategy.
• Identify opportunities for additional revenue and cost savings to ensure the overall business plan is met.
• Manage the Financial Department and oversee financial reporting systems for optimal information availability.
• Manage cash flow efficiently.
• Determine and negotiate optimal borrowing structures if required.
• Ensure strict management of debtors and effective fee collection aligned with targets.
• Manage the school's Trust accounting functions.
• Oversee the school Pension Fund.

Risk Management:

• Ensure appropriate insurance portfolios are in place and reviewed annually.
• Oversee health and safety policies and structures.
• Manage campus security.
• Ensure the school fleet is roadworthy, insured, and staff are properly licensed to drive.

Annual Audit:

• Ensure completion of audits.
• Finalize annual financial statements and present to the Finance Committee for approval.

Contracts/SLA Management:

• Review service provider contracts to mitigate financial risks.
• Negotiate or implement controls to address risks.

Estate Management:

• Oversee facilities responsible for events, functions, grounds, and building maintenance.
• Manage projects approved by the Board.

General Administration & Other Matters:

• Participate in the College Executive (CEM) meetings.
• Maintain relationships with statutory authorities and stakeholders.
• Oversee School IT, managing the ICT Systems Manager and ICT Administrator.
• Manage HR functions and oversee the HR Administrator.

Education and Experience:

• Teritary Accounting qualification, preferably with Hons level and articles.
• At least 5 years of experience as a Financial Manager or in a senior accounting role.
• Experience in educational finance is advantageous.

Technical Competencies:

• Financial skills, compliance, systems, and reporting.
• Broad business competencies.