Job Description

Durban University of Technology (DUT) is located on the warm east coast of South Africa. It sprawls over seven (7) campuses in tropical and picturesque Durban, and in Pietermaritzburg, with its undulating hills that flow over from the Drakensberg Mountain.

According to our ENVISION2030 strategy, DUTs DNA has two strands, namely people-centred and engaged and innovative and entrepreneurial. These are interwoven intrinsically by a number of double pairs consisting of values and principles that bind our double-helix together. The extrinsic expression of our DNA is via The DUT-Way; which demonstrates our collective character and behaviour.

The Universitys ultimate goal is to contribute towards improving the lives and livelihoods of all its people, both internal and external. DUT consistently strives towards excellence and greatness in teaching-learning and in research-innovation; something that has been recognized recently when The Times Higher Educations World University Rankings placed DUT within the top 500 of universities in the world and within the top 5 universities in South Africa. The enactment of these internationally recognized strengths is demonstrated in our impactful engagement internally and externally in service of our localities, the region and the country at large.

Finance

Post: Accountant - Senior Assets and Liability Management

Minimum Requirements:

• Degree in Accountancy, Finance, Business, or any other relevant qualification (NQF Level 7).
• 3 to 5 years experience in asset management preferably in a higher education environment or a large organisation of which 3 years should have been in an asset management role.
• Knowledge of relevant legislative requirements and rules applicable to asset management, structured finance
• Understanding of IFRS and other relevant accounting standards
• Understanding of asset management practices
• Understanding of Financial systems
• Advanced Proficiency in MS Office
• Proficient in IT systems to manage asset.
• Demonstrated ability in asset, risk management.

Summary of Duties:

• Provide data and information as requested by the Manager Asset Management for input into the Asset strategy to support the strategic objectives and annual performance plan for DUT.
• Provide data and information for the drafting, communication, and monitoring of the implementation of an operational plan for the effective running of the asset function.
• Support the identification and communication of plans to protect and maintain assets and minimise any potential liabilities.
• Support the review, updating and development of policies, procedures, and process to manage and safeguard asset management.
• Ensure compliance with relevant policies and identify non-compliance matters for escalation.
• Support the management of DUT assets and student residence assets in accordance with DUT policies and procedures.
• Ensure that accurate appreciation and depreciation costs are reflected in the finance system.
• Develop contingency plans to protect and safeguard DUT assets in consultation with protection services.
• Provide data and information for the review of the replacement vs the repair of movable assets and support the managers recommendations.
• Ensure the timeous maintenance and repairs of assets and ensure adherence to budget provisions in liaison with the respective departments and services.
• Reconcile systems data to asset registers. Report and investigate variances and submit monthly reports to the Manager Asset Management detailing variances and reasons for deviation.
• Conduct an annual review of insurance suppliers through the DUT procurement process.
• Ensure that asset-related documentation and records are saved and archived in accordance with the DUT document management system.
• Support the management of delivery on service level agreements / contractual obligations with external insurers.
• Support all liaisons with external stakeholders to address and resolve any asset or insurance-related matters.
• Support engagements with insurers on insurance claims, renewals, and escalated queries.
• Provide information and guidance to internal stakeholders regarding insurance queries and claims.
• Prepare reports for the purpose of reporting to various structures as required, in accordance with the reporting schedule.
• Review or draft asset related reports to internal and external stakeholders and submit to relevant stakeholders.
• Compile and consolidate all relevant data, information, and statistics required for the drafting of the asset management report for submission to the Manager Assets and Liability Management. Support the manager in drafting and presenting the report.

Salary: Market related

Contact Person: Miss ZJ Ngcobo

Email Address: HCSRecruitment@dut.ac.za

Status of Position: Permanent

To Apply:

Please complete application form downloadable from DUT careers portal and send together with detailed CV, copies of ID, qualifications, and a covering letter. Please note that you do not have to use more than one method of applying.

Kindly note:

Communication will be entered into with short-listed candidates only. Only applications made on our application for employment form would be considered.

While DUT strives for equal opportunities, preference will be given to suitable candidates in terms of the Universitys equity policy The University reserves the right NOT to make an appointment.

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