018 384 2341 info@taletsocollege.co.za

Finance Manager

  • Central Office: Mafikeng; Reference: CO-07/2017
  • PERSAL Appointment
  • Salary Scale: R 311 784 – R 376 626 pa (Excluding Service Benefits): Salary Level 09


  • Appropriate three (3) years degree/diploma or equivalent qualification in financial or business management/administration or accounting
  • At least five (5) years experience in the financial management and accounting envoronment, of which at least three years should be at supervisory level
  • A valid Code EB (08), or higher, driver’s licence
  • Proven computer literacy, including advanced Microsft Office suite (Word, Excel, Powerpoint and Outlook)
  • Experience in the use of an appropriate financial system, e.g. ITS, Coltech, DBX, etc.

Competencies and Personal Attributes

  • Proven management skills and a track record in the preparation, implementation and management of strategic, operational, financial plans and projects.
  • Proven experience in the compilation of financial statements
  • Ability to design and implement internal systems and controls to ensure sound financial management
  • Proven report-writing and presentation skills
  • Extensive knowledge of the applicable, financial management, regulatory and legislative framework, the Continuing Education and Training (CET) Act, Act No. 16 of 2006, as amended, the Public Finance Management Act (PFMA), Act No. 1 of 1999, as amended, Treasury Regulations, Financial Llanning and Management accounting principles, methodologies and procedures as well as Public sector financial management reporting requirements;

Operational Decision-making

  • Relating and comparing data on operational effectiveness from different sources;
    Establishing goals and requirements that reflect College objectives and values, including the importance of continuous improvement
  • Securing relevant information and identifying key issues, relationships, and cause-effect from a base of information
  • Committing to an action after developing alternative courses of action that are based on logical assumptions and factual information and that take into consideration resources, constraints, and College values;

Planning and Organising

  • Establishing courses of action for self and others to ensure that work is completed efficiently;
    Financial Understanding
  • Understanding and utilising economic, financial, and industry data to accurately diagnose financial or project strengths and weaknesses, identifying key issues, and developing plans and budgets;

Driving for Results

  • Setting high goals for personal and group accomplishment
  • Using measurement methods to monitor progress toward goal attainment
  • Tenaciously working to meet or exceed those goals while deriving satisfaction from the process of goal achievement and continuous improvement;

Mobilising Resources

  • Managing staff and resources consistent with college goals, proactively negotiating and accessing resources outside ones immediate domain when necessary.

Key Performance Areas  

  • Formulate and regularly review financial management delegations authority
  • Formulate and regularly review financial management policies
  • Formulate and regularly review financial management procedures
  • Manage the electronic financial system(s) to ensure security and optimal utilisation
  • Monitor the effectiveness of financial operations through the assessment of key financial performance indicators
  • Facilitate and coordinate the annual budgeting process
  • Compile monthly budget reports and provide them to the senior management team, unit managers and campus managers
  • Perform monthly budgetary and expenditure analysis
  • Coordinate, manage and monitor College cashflows
  • Effect budget adjustments
  • Annually review all fees, charges or rates, scale or tariffs of fees and charges
  • Authorise and monitor employee salaries, deductions and allowance and ensure annual reconciliation of employee tax
  • Analyses and monitor ledger and debt accounts and debt recovery
  • Monitor monthly bank reconciliations
  • Authorise supplier and creditors payments
  • Establish system to maintain and safeguard all financial documentation relating to the College
  • Compile an Annual Report and financial statements for each financial year
  • Liaise with auditors to ensure a smooth audit process
  • Compile and submit all reports, returns, notice and other information as may be required by the Principal and College Management, College Council, Regional Office, Department of Higher Education and Training, auditors and the Minister
  • Formulate job profile for all post within the Finance Unit
  • Conduct meetings with internal staff and plan and assign work within the Unit
  • Manage the Unit’s budget and cashflows
  • Compile annual Operational/ Implementaion Plan
  • Conduct performance appraisals with Unit staff, arrange and monitor individual development.

Closing Date for submission of applications is March 31, 2017.

NB! The College, as a public institution, is an equal opportunity and affirmative action employer with the express intention of promoting proper representivity through a selection process that is based on race, gender and disability. The College reserves the right not to appoint and/or to withdraw the advertised posts.