Industry: Education & Training
Job category: Financial Management
Remuneration: Market Related
EE position: No
The ADvTECH Schools Division leads the private sector in the field of education, contributing meaningfully towards the sustainable development of human capacity in South Africa.
To manage all financial functions;
The incumbent will be responsible for overseeing and maintaining the financial wellbeing of the Brand/Brands and Brand profitability
Managing governance, risk analyses and reports monthly and annual results
Prepare forecasts and projections, quarterly and communicate same to MD
Effects cost savings and participates in strategic financial planning and the achievement of targets and budgets
Advise and supports Brand MD, School Principals and other Managers in the Brand on financial matters during the budget compilation process, including CAPEX budgeting and planning.
Ensure relevant information is gathered from Principals and GSS and prepares the Brand financial plan, annually, for approval by the MD
Compile the annual budget/s for the Brand and update this as required
Review monthly MANCO report
Implement an appropriate financial reporting and cash flow management plan to support the achievement of the brand strategy.
Review GL recons for all accounts within their brand and produce a risk analysis and action report
Manages BEEE reporting for Brand to AdvTech
Ensure employment equity targets are achieved
Monitor and track performance against budget and laisse with Principals in this regard
Monitor cash flow, weekly and advise Brand MD and Principals accordingly
Manage variances in actual vs. budget expenditure in all areas of accountability
Provide strategic financial insight and focus for the Divisional CFO;
Ensure the development and professional operation of the systems infrastructure
To be involved in mergers, acquisitions and disposals of companies
Keep abreast of developments/trends in economy and advises Brand MD accordingly
Ensure that adequate policies and procedures are in place to mitigate risks, prevent fraud, ensure compliance to legislative, regulatory and good governance requirements and standards
Oversee the audit process (Internal and external) and provides relevant information and support to auditors as required.
Deals with queries as necessary, and escalates matters when required
Ensure staff roles and responsibilities are clarified and performance objectives set and monitored. Conduct performance reviews in accordance with policy and procedure and take corrective action as required
Liaise with suppliers and negotiate pricing and terms & conditions of service
Problem Solving Skills;
Attention to detail and accuracy;
Excellent computer skills;
Ability to work under pressure;
Enthusiastic, energetic, assertive and flexible;
Good written and verbal communication skills
Minimum requirement is B Com with completed Articles or a CA (SA).
Minimum of 5 – 8 years working experience in a similar-sized organisation.
Please apply online via the ADvTECH Career Portal:
(If you do not have an existing account on the ADvTECH Career Portal, you will need to register on their website. You do not need to register on the ISASA site)
ADvTECH is an equal opportunity employer. Only successful candidates will be notified. Preference will be given to EE candidates.
ADvTECH, in line with POPIA (Protection of Personal Information Act) will attempt to ensure the confidentiality of all applicants for this role. All reasonable measures will be in place to protect personal information but will be used in the recruitment, selection and reporting process. By submitting your application for this position, you are recognizing and accepting this disclaimer.