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Finance Business Partner

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10 months ago.

Organizational Description

The Oprah Winfrey Leadership Academy for Girls (The Academy) is a world-class educational platform for girls which is aimed at nurturing a new generation of dynamic women leaders. This residential boarding school is situated in Meyerton, Gauteng Province with just over 300 students enrolled in Grades 8 -12. Grade 12. Students write the Independent Examination Board (I.E.B.) NSC Examination.

Applications are invited from suitably qualified candidates. Applications must be accompanied by a covering letter, CV with names of three contactable references, copy of the highest qualification(s) and the copy of identity. Interested candidates must register their profile at www.pnet.co.za. 

Learn More about OWLAG
Starting Date
Hiring Department
This Position Reports to
Remuneration
March 1, 2023
Finance
Finance Manager
Info not provided

Job Purpose

N/A
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Minimum academic requirements & experience

  • Matric;
  • A 3-year National Diploma or Degree in Commerce, majoring in accounting or financial management;
  • A minimum of five to seven years experience in Accounting administration, recording, financial reporting, and procurement;
  • Experience in a learning environment will be an added advantage;
  • A relevant postgraduate qualification will serve as an added advantage.
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Key responsibilities

  • Assist the Finance Manager in the execution of the Finance strategy to ensure the realization of the Academy’s vision;
  • Assist the Finance Manager in identifying future Finance operational needs and in developing strategies for these,
  • Contribute to the development and periodic review of Finance policies and procedures;
  • With guidance and supervision from the Finance Manager, assist in the collation and preparation of the Academy’s budget;
  • Monitor the Academy’s budget, identifying problems/significant variations and initiate appropriate action under the FM’s guidance;
  • On a monthly basis, review expenditure reports, detect misallocation, and prepare documentation for re-allocations;
  • Investigate and report on significant budgetary variances, identifying any remedial action that needs to be taken;
  • Distribute monthly general ledgers to the Heads of Departments and managers and resolve queries their queries;
  • Work closely with the outsourced service provider (accounting services) to resolve queries, and provide information and direction.
  • Prepare and submit annual reporting requirements for NPOs to the Department of Social Development;
  • Prepare and submit annual subsidy applications to the Gauteng Department of Education,
  • Prepare any other regulatory compliance documentation as and when it is required,
  • Support the Academy by ensuring that the best value for money is achieved from all procurement i.e. getting what is required in the correct quantity, quality, time, and best price);
  • Oversee the process of obtaining quotations and POs and provide guidance to the Finance Administrator, in line with the Academy’s Procurement Policy;
  • Ensure that only procurement that is within budget or that has appropriate deviation is processed;
  • Share financial information of all CAPEX procurement with the Fixed Asset Controller;
  • Ensure that invoices are accurate and VAT compliant before approving for payment (approval to be in line with the authorization levels as prescribed);
  • Maintain proper records to support the goal of completeness of financial records;
  • Provide guidance to the Finance Administrator with regard to the resolution of all financial and procurement queries and compliance with policies and processes;
  • Administer students’ pocket money (cash and o’ Bucks);
  • Ensure up-to-date record of recoveries from students and communicate deductions;
  • Prepare Annual Financial Statements on Caseware for review by the Finance Manager;
  • Support the Finance Manager and liaise with external auditors in compiling and submitting information and clearing audit queries during the year-end audit;
  • Liaise with the Fixed Asset Controller and other relevant Heads of Departments during stock/asset counts to ensure an accurate reflection of assets in the financial statements;
  • Adherence and compliance with all the Academy’s policies and procedures;
  • Act as the Finance Manager’s 2IC in his/her absence, within the communicated scope.
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Knowledge, Skills and Attitude

  • Sound knowledge of financial management policies, procedures, and controls;
  • Sound knowledge of procurement and bidding processes;
  • Strong understanding of Accounting principles and their application;
  • Team player with very strong interpersonal and communication skills,
  • Excellent attention to quality, accuracy, and thoroughness;
  • Ability to be assertive in maintaining the Academy’s policies and protocols;
  • Reliable, conscientious, and professional with a bias toward collaboration;
  • Ability to work independently, and take proactive decisions within the scope of decision-making;
  • Ability to work under pressure and tight deadlines;
  • Demonstrated experience in multitasking and managing priorities;
  • Advanced computer literacy skills;
  • Take responsibility and accountability for professional development;
  • Willingness to participate in the broader life of the Academy;
  • Act with the highest integrity and uphold the Academy’s values (Respect, Honour, Compassion, Service, Responsibility, and Accountability) at all times.
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Scholarship Application Statement

Oprah Winfrey Leadership Academy School for Girls

The Oprah Winfrey Leadership Academy for Girls strives to provide a nurturing educational environment for academically gifted girls who come from impoverished backgrounds.

In an effort to preserve the Academy’s mission by awarding scholarships to deserving learners from impoverished communities, the Academy welcomes the appointment of AFRIZAN PEOPLE INTELLIGENCE to provide learner recruitment services for the Academy’s 2023/24 intakes.

With over 30 years of experience in recruitment, Afrizan is able to deliver a consistent and specialised approach towards learner recruitment.

Prospective applicants must direct all admission queries to admissions@afrizan.co.za to find out more about 2023/24 applications.

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