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Finance Officer - Research

Vacancy Details

Reference No.

SP3-6067

Synopsis

The main purpose of the job is to provide an efficient and professional service to the centralized financial management and administration unit of the Faculty Finance, Research Grant and Finance within the Faculty of Health Sciences.

Description

Budgeting
10%
• Assisting the SFO in collecting budget data for preparing Budget Proposals for Research Projects.
• Budget deadlines met.

Funds Management & Reporting
80%
• Manage Departments’ Research and Investment funds, e.g. opening and closing of funds and cost centers; journals; invoice and receipt requisitions.
• Clearing of deficit funds.
• Run and analyse monthly internal management reports for Principal Investigators (PI’s).
• Prepare monthly/quarterly/annual financial reports as per external funder requirements.
• Educate and guide PI’s through the regulations involved in using research funds to pay for running costs, travel allowances, sundry purpose advances, etc. Assist them to understand and better manage their finances.
• Preparation of bursary documentation for payment to student fee accounts.
• Preparation of applications for subsistence and travel, advances and clearance thereof.
• Identify weak accounting practices within the Department and with assistance from Faculty Finance implement corrective procedures to ensure that Central Finance Policies are adhered to.

• Assist PI’s with the management of research expenditure to keep within the various grant/contract awarded budgets. Assist PI’s to ensure that funds are utilized before end date in order to avoid returning unspent revenue to funders.
• Maintain a comprehensive database for all research grants to monitor deliverables.
• Manage the release of invoices with deliverables attached by reminding the PI of due dates of deliverables (research reports and financial statements).
• Monitor financial statement due dates. Prepare financial statements i.e. monthly, quarterly or annual on time for checking and signature.
• Assist with required internal and external audits as per contracts. Ensure that audit queries are resolved.

General
10%
• Delegated authority for checking of Petty Cash reimbursements.
• Delegated authority to check S&T forms.
• Petty cash management for department.
• Manage and prepare journals for charge outs from Department’s operating fund for central purchases and charges.
• Assist SFO, ARMA and RMA on all ad hoc assignments.
• Fully accounted for petty cash floats.
• Financial Management Support.

Requirements

Minimum qualifications
An Accounting or Financial Qualification from a Tertiary institution is required and proven experience within a financial environment. If qualified by experience, at least 5 years’ experience at the advertised level, with the same/ similar key performance areas

Minimum experience
(type and years)
3 Years’ experience within a financial environment

Kindly note that if you havent received feedback within 2 weeks of submitting your applicaion, consider it as unsuccessful 

Position Type

Temp 9 - 12 months

Work Level

Mid-Level

Salary

Market Related

Industry

Academic

Salary Type

Annually

Package

Cost To Company

Affirmative Action

No

Geographic Location

Western Cape - Southern Suburbs (Cape)