Are you looking for an opportunity to advance your career in financial administration and cost control? Rhodes University, based in Makhanda, Eastern Cape, has opened a position for a Financial Cost Controller in its Finance Division. This role is a permanent, full-time position offering a competitive salary package and is ideal for a professional with experience in financial accounting and cost management who thrives in a dynamic and demanding environment.
About Rhodes University
Rhodes University is renowned for its academic excellence, commitment to transformation, and progressive approach to education and research. The Finance Division plays a critical role in supporting these goals by managing financial operations that sustain the University’s initiatives and administrative functions. The team is seeking a qualified and driven individual to support the University’s financial planning, analysis, and reporting functions.
Job Title: Financial Cost Controller (Grade 10)
- Position: Financial Cost Controller
- Division: Finance Division (0901 – Finance)
- Location: Rhodes University, Makhanda, Eastern Cape
- Salary: R330,178 – R448,473 per annum (Cost to Company)
- Employment Type: Permanent
- Application Deadline: 19 September 2024
Key Responsibilities
As the Financial Cost Controller, your role will include:
- Financial Administration: Manage financial activities related to Council Controlled and Council Managed Funds to ensure the smooth operation of the University’s financial processes.
- Cost Accounting: Apply cost and management accounting principles to track income and expenditure against allocated budgets.
- Budget Preparation: Assist in the development of departmental budgets and monitor financial performance.
- Reporting: Produce accurate and timely financial and management reports using Generally Accepted Accounting Practices (GAAP) and International Accounting Standards (IAS).
- Expenditure Control: Analyse costs, control spending, and provide financial insights to support decision-making within the Finance Division.
- Support and Analysis: Collaborate with University departments and divisions to ensure sound financial management and cost control across all activities.
Required Qualifications and Experience
- Education: A relevant National Diploma (NQF Level 6) in Financial Accounting or Cost and Management Accounting.
- Experience: At least 3 years of relevant experience, ideally within a computerised cost and management accounting environment where there were multiple demands and tight deadlines. Candidates must be able to demonstrate their ability to:
- Maintain and analyse accounting transactions in accordance with applicable accounting standards.
- Use cost and management accounting principles to monitor income and expenditure against budgets.
- Prepare financial and management reports with supporting analysis.
- Contribute to the budget preparation process.
- Proficiently use Microsoft Excel and Word for day-to-day tasks.
- Experience with ERP systems would be advantageous.
Key Competencies
- Strong understanding of financial principles, accounting standards, and best practices.
- Ability to work under pressure and manage tight deadlines.
- Strong analytical and problem-solving skills.
- Excellent communication skills, both written and verbal.
- Proficiency in MS Office (Excel and Word) and familiarity with financial management software (ERP systems experience is an advantage).
- Teamwork and collaboration, with the ability to work across departments.
Why Rhodes University?
At Rhodes University, you will have the opportunity to be part of a diverse and inclusive community that is committed to academic and professional excellence. The University is guided by core values that reflect respect, integrity, diversity, collegiality, and compassion.
The Finance Division at Rhodes University offers a challenging yet supportive work environment where employees are encouraged to develop their skills and expertise. This role offers the opportunity to contribute to the University’s financial health and sustainability while advancing your career in financial cost control.
How to Apply
To apply for this position, candidates must submit the following documents:
- A comprehensive CV detailing your education, qualifications, and employment history.
- Reasons for leaving your current and previous positions.
- Referees: Contact details for referees, including at least one direct line manager, with their phone number and email address.
- A motivation letter that explains why you are interested in this position and highlights your suitability in relation to the job requirements.
- For any questions or inquiries about the application process, please contact hrrecruitment@ru.ac.za.
Tip: Building a Winning CV: Tips for Success in South African Government Jobs
Note: Applications must be submitted electronically as handwritten applications will not be considered. It is important to ensure all documentation is included, as incomplete applications will be disqualified.
Apply now
Selection Process
The selection process will include shortlisting, followed by an assessment, presentation, and interview. Only shortlisted candidates will be informed about the interview date.
If you are not contacted within 30 days after the closing date, please consider your application unsuccessful.
Remuneration
- Basic Pensionable Salary per annum: R330,178
- Cost to Company per annum: R448,473
While this position is advertised as permanent, Rhodes University may opt to appoint on a fixed-term contract of at least three years.
Employment Equity and Diversity
Rhodes University is committed to diversity and transformation. The University strongly encourages applications from South African members of underrepresented designated groups as well as persons with disabilities. Partners and spouses of existing staff are also encouraged to apply.
The appointment will comply with the provisions of the Employment Equity Act (Act 55 of 1998, as amended), Immigration Act No. 13 of 2022, and the University’s Recruitment and Selection policies.
If you are an experienced financial professional with a strong background in financial accounting and cost management, Rhodes University offers an excellent opportunity to advance your career as a Financial Cost Controller. Joining the Finance Division in Makhanda, Eastern Cape, not only provides a chance to leverage your skills in a dynamic setting but also offers a competitive salary package and the stability of a permanent, full-time position.
Don’t miss this chance to contribute to a prestigious institution while growing your career in a rewarding environment. Apply now to take the next step in your professional journey with Rhodes University.
