The Durban University of Technology (DUT) is seeking a qualified and experienced Budget Officer to join its prestigious Business School within the Faculty of Management Sciences. This permanent position offers the right candidate an opportunity to be part of a dynamic finance team that supports academic operations and ensures financial compliance.
Budget Officer Job Overview
- Job Title: Budget Officer (POST REFERENCE NUMBER: BS07)
- Location: Durban University of Technology, Durban, KwaZulu-Natal, South Africa
- Employment Type: Permanent
- Posted on: 02 September 2024
- Closing Date: 30 September 2024
- Division/Faculty: Faculty of Management Sciences, Business School
- Minimum Experience: Associate
- Industry: Education Management
- Functional Area: Education
Minimum Requirements
- Qualification:
An M+3 tertiary qualification in Financial Accounting or a finance-related field. - Experience:
- At least 5 years of experience in Financial Accounting, preferably in a large organization.
- A minimum of 2 years of experience specifically in budgeting.
Knowledge and Technical Skills
To excel in this role, the candidate should have a strong foundation in the following areas:
- VAT and Tax Legislation: Understanding and applying relevant tax laws.
- Financial Policies and Procedures of DUT: Comprehensive knowledge of internal financial rules and standards.
- GAAP/IFRS: Expertise in Generally Accepted Accounting Principles and International Financial Reporting Standards.
- Software Proficiency: Advanced skills in Microsoft Excel, PowerPoint, and Internet research. Familiarity with ITS Systems, SAP, or equivalent systems.
- University Statutes and Financial Costing Models: Experience with costing models and higher education financial regulations.
Special Requirements
- Excellent verbal and written communication skills.
- Strong customer service orientation with the ability to direct customers regarding policy implementation.
- Ability to compile, interpret, and analyze reports.
- Strong business/commercial acumen.
Duties and Responsibilities
The successful candidate will be expected to undertake a range of finance-related duties as directed by the Deputy Dean and the Finance Team. Key responsibilities include:
General Ledger and Requisition Management
- Processing and general ledger allocations of purchase requisitions.
- Ensuring financial rules and procedures are adhered to.
- Handling requisitions according to procedures, including foreign currency processing when required.
- Managing claims for examiners, moderators, and lecturers.
Financial Reporting and Customer Support
- Preparing and managing budget reports specifically for the DUT Business School.
- Handling queries related to reports and providing timely responses.
- Maintaining accurate data and ensuring all financial records are up to date.
Team Collaboration and Development
- Coordinating capital budgets with the Director.
- Assisting with special projects and preparing detailed reports as requested.
- Managing professional self-development opportunities.
Key Objectives and Deliverables
- Submit budget reports within required timeframes.
- Validate approved budgets for staff appointments.
- Ensure smooth coordination of year-end financial activities.
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Why Consider the Budget Officer Role at DUT?
The Durban University of Technology is a leading higher education institution in South Africa, renowned for its commitment to excellence and innovation. As a Budget Officer at DUT, you will have the opportunity to work in a collaborative and supportive environment that values professional growth and development.
This role offers a chance to be part of a diverse team that contributes to the financial well-being of the university and supports academic and research excellence. With a focus on sustainability and continuous improvement, the DUT Business School provides a unique platform for finance professionals looking to make a significant impact.
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How to Apply
Interested candidates should submit their applications before 30 September 2024. The following documents must be included in the application:
- A fully completed prescribed application form (available at DUT Careers under the QUICK LINKS tab).
- A detailed curriculum vitae (CV), clearly stating experience and knowledge in the relevant fields.
- A covering letter highlighting the candidate’s suitability for the position.
- Certified copies of academic records and certificates.
- Current contact information of referees.
Note: Incomplete applications or those submitted manually will not be accepted. All applications must be sent via email to careers@dut.ac.za. Please ensure the post reference number (BS07) and post description are quoted in the subject line of the email.
Contact Information
For additional information or inquiries, applicants may contact:
- Pirya Naidoo / Maud Mthembu
Email: careers@dut.ac.za
The Budget Officer vacancy at Durban University of Technology represents an excellent career opportunity for finance professionals with a strong background in financial accounting and budgeting. Situated within the prestigious Business School, this permanent position provides the chance to work in a dynamic environment that prioritizes professional development, collaboration, and excellence in financial management.
