Website ADvTECH
ADvTECH leads the private sector in the fields of education and resourcing, contributing meaningfully towards the sustainable development of human capacity in South Africa through the provision of education, training, skills development and career placement services. Our purpose is to ignite a life-… read morelong passion for continuous learning and personal career development, and we are committed to creating a self-sustaining set of institutions offering the highest quality, leadership and innovation in the fields of education and resourcing. The Group’s track record shows clearly our adherence to high ethical standards and our in-depth understanding of the interests of our various stakeholders Inanda Greens 54 Wierda Road West, Wierda Valley Sandton, Gauteng 2196 South Africa
Key Purpose Statement
The role of the Brand Chief Financial Officer is to drive EBIT maximization and optimal capital allocation to deliver the short and mid-term objectives of the Brand, in line with the Brand strategic plan.
Principal Accountabilities
EBIT maximization
Drive billing completeness by monitoring controls of billing input
Implement controls for bursary application or renewal and ensure adherence to brand policies and guidelines.
Based on profitability analysis, identify levers to maximize other income and minimize costs and drive business outcome.
Develop a mid-term plan for Brand capital allocation, to deliver the Brand strategic objectives.
Planning
Coordinate the budget development of the Brand and schools, in line with the Strategic mid-term plan.
Facilitate the development of Brand and school business plan and drive implementation of the planned activities to deliver the budget. Manage the risks and opportunities.
Drive EBIT forecast accuracy and develop timeously profit recovery measures if needed to deliver budget.
Develop financial model to project IRR of main investment projects.
Enhancement of internal control and continuous business process improvement
Continuously assess coverage and effectiveness of the Brand and school internal control system and drive enhancement.
Maintain Brand governance and internal control system (approval framework, policies, guidelines, risk control matrix for all key processes with business impact).
Continuously test effectiveness and coverage
Conduct training and sensitization campaigns
Document and maintain RACI matrices, SOP
Develop controls, check lists
Identify opportunities for efficiency, cost saving, customer experience enhancement and revenue maximization in business processes and drive continuous improvement
Drive yearly asset count and improvement of asset safeguarding controls
Manage financial operations (billing, collection and procure-to-pay)
Drive effectiveness of fee collection and credit check of fee payers upon admission or re-registration:
Coordinate and control monthly Pre-suspension/suspension/termination campaigns and yearly non re-enrolment campaigns.
Coordinate and control financial clearance and credit check operations prior to student admissions..
Continuously drive initiatives to minimize debt
Coordinate billing operations and milestones
Drive optimal procurement decisions, suppliers paid on time and procurement requirements met timeously to deliver academic service.
Control GSS SLA KPI for the source-to-pay cycle
Identify opportunities to drive centrally cost savings
Continuously monitor process quality and drive improvement
Review and approve expenditures and process exceptions, in line with the Group policy and approval framework
Reporting
Compile month-end reporting and control quality and SLA for GSS input
Maintain financial dashboards and management reports to drive decision-making for the Brand and Principals
Competencies (Skills /Behavioural Attribute)
Problem solving
Map process flows
Map RACI chart (roles and responsibilities)
Project management
Data analysis
Good negotiator
Excellent communication skills
Qualifications:
Minimum requirement is B Com with completed Articles CA (SA) or MBA
Experience:
Minimum of 7 years working experience in a Financial Manager/ CFO role in a similar-sized organisation.
Deadline:15th August,2025
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Apply via company website ( http://www.advtech.co.za ) or