drjobs Financial Manager (P7) UJInvnt (Pty) Ltd (3 YEAR CONTRACT without Benefits)

Financial Manager (P7) UJInvnt (Pty) Ltd (3 YEAR CONTRACT without Benefits)

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1 Vacancy
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Job Location drjobs

Gauteng - South Africa

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Introduction

UJInvnt is an Intellectual Property Holding Company the purpose and activity of which will be the acquisition exploitation licensing or sublicensing of patents trademarks copyrights brand names or other industrial property rights like know-how on technical or administrative matters.

Duties & Responsibilities

UnInvnt - Its primary objectives are:
  • to commercialise on behalf of the University opportunities arising from the activities of the University and others including but not limited to Intellectual Property (IP) through several permutations which range from commercialising IP (licensing sale of IP assets) to owning equity stakes in new ventures (with outside investors) based on IP assets
  • to provide technical and training services consultancy services and courses; and
  • to hold shares on behalf of the Shareholder in other subsidiary companies and act as the Holding Company for commercial activities.


Job Description:

The Financial Manager will oversee all financial operations ensuring alignment with organizational goals and regulatory standards. This role requires strategic oversight of budgeting forecasting financial reporting and risk management. The ideal candidate will drive financial efficiency optimize cash flow and provide actionable insights to support executive decision-making. The Financial Manager will be required will provide critical financial insights to support strategic decision-making and operational efficiency. This role involves preparing financial reports managing budgets/forecasts analyzing costs and ensuring compliance. The ideal candidate will collaborate cross-functionally to drive financial health and achieve organizational goals.

Responsibilities:

Financial Planning and Analysis

  • Lead annual budgeting quarterly forecasting and long-term financial planning.
  • Analyze financial performance against targets and recommend corrective actions.

Financial Reporting

  • Prepare monthly/quarterly reports (P&L balance sheets cash flow) ensuring accuracy and timeliness
  • Present management accounts to clients and provide relevant domain-specific commentary/input

Budgeting & Forecasting

  • Lead annual budget creation update forecasts and analyze variances against targets.

Cash Flow Management

  • Monitor cash flow liquidity and working capital to ensure operational stability including money in the bank of the company.
  • Oversee the bank accounts of company subsidiaries
  • Optimize accounts receivable/payable processes and investment strategies.
  • Effect the remuneration of board members
  • Effect the payment of service providers on time
  • Evaluate cost structures identify savings and advise on pricing/profitability (cost analysis).

Strategic Support

  • Provide data-driven insights for business planning investment decisions and KPIs.
  • Partner with senior leadership to evaluate mergers acquisitions and capital investments.
  • Develop financial models to assess ROI and scenario-based outcomes.

Compliance and Risk Management

  • Ensure adherence to accounting standards (GAAP/IFRS) tax regulations and internal controls.
  • Mitigate financial risks through proactive audits and policy enforcement.
  • Assist with audits.
  • Assist with financial risk mitigation.

Process Improvement

  • Optimize accounting systems and reporting tools.

Financial Analyses and Investment Support

  • Conduct analyses for mergers expansions or cost-reduction initiatives in investee companies
  • Process the acquisition of royalty certificates receive royalties and distribute/allocate as is required.

Desired Experience & Qualification

  • Masters degree in Accounting/Finance or MBA or CPA/CMA preferred.
  • 57 years in financial management FP&A or corporate finance roles.
  • Proficiency in ERP systems (e.g. SAP Oracle) advanced Excel (pivot tables macros) and BI tools (Power BI Tableau).
  • Expertise in financial modeling variance analysis and scenario planning.
  • Strong leadership strategic thinking and stakeholder communication.
  • Strong analytical communication and problem-solving abilities; detail-oriented.
  • Experience in Venture Capital Private Equity Investment Impact Investment Banking and Development Finance
  • Knowledge of Power BI SQL or automation tools.
  • Valid drivers license

Competencies and Behavioural Attributes:
  • Business principles and processes
  • Budget process
  • Electronic Financial Processing System (Oracle ITS GL Wand I-Procurement)
  • Accounting Principles in practice
  • A good understanding of policies and procedures
  • Reconciliation between different modules and systems
  • Written and verbal communication conflict resolution skills
  • Ability to make quick and effective decisions
  • React proactively to issues
  • Manage own time and for others
  • Identify and resolve problems
  • Plan effectively for both short and long term
  • Ability to multitask
  • Influence/relationship.
  • Relationship Management
  • Operational awareness
  • Ethical
  • Excellent interpersonal skills.
  • Accuracy detail and quality checking

Recommendations:
  • Knowledge of Company rules and regulations
  • Working knowledge of the Higher Education environment

Enquiries:


Enquiries regarding the job content:Dr. Vuyisile Phehane (Executive Manager) at Tel: or

Enquiries regarding remuneration & benefits: Ms. Lebohang Mpeta (Senior Manager: HCM Resourcing) at Tel: or


Required Experience:

Manager

Employment Type

Contract

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