Job Description

DepartmentUniversity of Venda -> Vice Chancellor and Principal -> Chief Financial Office -> Finance -> Revenue and Financial Aid -> Financial AidJob TitleAccountant B365 (Financial Aid)Post LevelGrade 8Job TypeSupport - Univen FundedClosing Date12/9/2024Job RequirementsREQUIREMENTS

• An Accounting or Finance degree or equivalent.
• A professional membership with ACCA, CIMA, SAICA or SAIPA is preferred.
• A minimum of two years' experience in accounting or financial management, preferably in higher education.
• Experience with financial aid programmes and regulations is highly desirable.
• Experience in processing complex and high-volume Excel data.
• Data analytics skills will be an advantage.
• An Honours degree along with and/or completed articles will be an added advantage.
• Knowledge of ITS would be an advantage.
• Excellent written and verbal communication skills.
• Strong analytical and problem-solving skills with a keen attention to detail.
• Ability to work collaboratively with a diverse range of stakeholders, including students, faculty, staff, and external agencies.
• Customer service-oriented with a commitment to supporting students' financial needs.

DUTIESFinancial Aid ProcessingOversee the processing of financial aid transactionsVerify and evaluate the Financial Aid applications for accuracy and completeness.Disbursement ManagementManage the disbursement of Financial Aid funds to students, including study grants, loans, scholarships, and work-study payments.Ensure timely and accurate posting of Financial Aid to student accounts.Financial OperationsReconcile financial aid accounts with the general ledger and other accounting records.Prepare monthly financial and performance reports related to Financial AidAssist in the preparation of budget reports and financial forecasts related to financial aid.Assist with internal and external audits of Financial Aid programmes.Provide necessary documentation and explanations for audit inquiries.ComplianceEnsure compliance with all relevant legislation, regulations and policies.Stay updated on changes in Financial Aid regulations and adjust processes as necessary.Student InteractionProvide guidance and support to students regarding Financial Aid options and processes.CollaborationWork closely with the student finance office, student affairs office, the SRC, the bursar's office, and other relevant departments to coordinate financial aid activities.Conduct informational sessions for students and staff on financial aid topics.Maintain strong relationships with all funders of Univen students.System ManagementMaintain and update financial aid accounting systems and software.Ensure data integrity and security in financial aid systems.Policy DevelopmentParticipate in the development and implementation of Financial Aid policies and procedures.

University of Venda