Financial Manager (P7) UJInvnt (Pty) Ltd (3 YEAR CONTRACT without Benefits)
Position Summary
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.
Job description
- 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.
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.
Minimum requirements
- Master’s degree in Accounting/Finance or MBA, or CPA/CMA preferred.
- 5–7 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 driver’s license
- 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
- Knowledge of Company rules and regulations
- Working knowledge of the Higher Education environment
Enquiries:
Your application, comprising of a detailed Curriculum Vitae as well as the names and full contact details (including telephone numbers and e-mail addresses) of at least three traceable and credible referees must be uploaded before or on the closing date of the advertised post. Please also attach the following: a copy of your highest academic qualification, proof of registration with professional bodies you might belong to and if applying for an academic position, a list of accredited research output and/ or a portfolio of your creative output.
If you require technical support / assistance on the UJ e-recruitment website, please contact our service provider PNET on the following contact details: 0861 227337/010 140 3099 or email ujsupport@pnet.co.za.
Candidates may be subjected to appropriate psychometric testing and other selection instruments.
In conjunction to merit on the basis of qualifications, experience and proven achievements the University of Johannesburg is committed to providing equal employment opportunities for persons with disabilities and those individuals from the historically disadvantaged groups. As necessitated by operational requirements the University reserves the right not to make an appointment to positions advertised. If you have not received a response from the University within 8 weeks of the closing date, you should assume that your application has been unsuccessful.