Finance/Business Manager - Education

SUMMARY:
Our client, a Private School located in the heart of Durban's Berea, requires a Business Manager to be responsible for the Finance and Facilities functions of the School. The Business Manager is required to achieve revenue targets and expenditure control in order to meet strategic objectives.

POSITION INFO:
Job Profile:

Operational Management & Leadership

• Prepare, develop and maintain long term finance strategies, and policies aligned to the overall strategy.
• Prepare the annual School budget in accordance with the school’s strategy and ensure that individual school/department budgets and plans contribute to the school strategy.
• Ensure overall business plan is met by identifying opportunities for additional revenue and cost savings 
• Overall Financial Management and oversee the Finance Department
• Manage the financial reporting systems to ensure optimal availability of information.
• Manage cash as optimally as possible.
• Determine and negotiate optimal borrowing structures if required.
• Ensure stringent management of debtors and provide for effective fee collection in line with targets.
• Manage the required accounting function of the school Trust
• Oversight of the school Pension Fund 

• Ensure that the appropriate insurance portfolios are in place and review it annually.
• Oversee health and safety and ensure that appropriate structures and policies are in place.
• Oversee all aspects of security on the campus.
• Ensure that the school fleet is roadworthy and insured and that all staff are permitted and licensed appropriately to drive.

• Ensure completion of Audits.
• Ensure that Annual Financial Statements are finalised and tabled with Finance Committee for approval.

• Review all service provider contracts from a business perspective to determine and mitigate financial risks
• Renegotiate contracts or implement mitigating controls to counter identified risks

• Oversee the Facilities team responsible for running of events & functions and the maintenance of the grounds and buildings.
• Project management of those Projects approved by the Board

• Be a member of the College Executive (CEM) and attend all its meetings;
• Maintain contact with Statutory Authorities and other organisations and stakeholders;
• Be responsible for School IT and line manage the ICT Systems Manager and ICT Administrator;
• Be responsible for HR and line manage the HR Administrator;

• A tertiary Accounting qualification, preferable to Hons level and articles
• 5 years’ experience as a Financial Manager or in a senior Accounting function.
• Relevant finance experience in an educational institution would be advantageous

• Financial Skills
• Compliance
• Financial systems
• Financial reporting
• Broad business competencies