About the Role
The Department of Higher Education and Training is seeking dedicated Financial Aid Officers for three key positions based in the heart of King William’s Town. This role is essential in supporting students by coordinating bursary schemes and providing financial aid administrative support. As a Financial Aid Officer, you will play a crucial role in ensuring that students have access to the financial resources necessary for their education, which ultimately strengthens our communities and fosters a brighter future for South Africa.
Working in this dynamic environment, you will have the opportunity to impact the lives of students directly. By facilitating access to financial aid and managing funds in accordance with NSFAS guidelines, you will contribute to the educational aspirations of countless individuals in the Eastern Cape. Your efforts will not only support students but will also enhance the overall educational landscape of our nation.
About the Department
The Department of Higher Education and Training is committed to developing a skilled workforce and promoting equitable access to education across South Africa. With a focus on enhancing the quality of teaching and learning, the department plays a vital role in shaping the future of our communities. Joining this department means becoming part of a mission that prioritizes education as a cornerstone for social and economic development, making your work meaningful and impactful.
What You’ll Do
- Coordinate the administration of bursary and financial aid schemes in alignment with NSFAS and other funder guidelines.
- Review financial aid applications and analyze data of provisionally funded students.
- Manage the authorization process for fund disbursements to ensure timely financial support to students.
- Facilitate other financial aid schemes, such as WRSETA and HWSETA, promoting diverse funding opportunities.
- Prepare reports on bursary and financial aid allocations for the financial aid committee and relevant stakeholders.
- Supervise staff and provide guidance in the effective delivery of financial aid services.
What You’ll Need
- A minimum of Matric or NCV Level 4, along with a recognized three-year National Diploma in Financial Management (NQF 6) or a related qualification.
- At least 2-3 years of relevant experience in a financial environment, particularly within a TVET context.
- A valid driver’s license and familiarity with the CET and PSET systems.
- Knowledge of public financial management legislation, including PFMA and departmental policies.
- Strong computer skills, including data capture and financial statistics collation.
- Excellent communication, networking, and interpersonal skills to navigate various stakeholder interactions.
How to Apply
Please hand deliver or courier your applications to the reception area quoting the relevant reference number addressed to the Acting Principal, Lovedale TVET College, Corporate Office, 1 Amatola Row, Headquarters, Qonce, 5600.
Requirements
Matric or NCV Level 4 together with a recognised three-year (3) National Diploma in Financial Management (NQF 6) or related qualification plus at 31 least 2-3 years’ relevant experience in a TVET Financial environment and a valid driver’s license.Knowledge and skills: Knowledge of CET and PSET; Knowledge of PSA and PSR 2016; Knowledge of PFMA and departmental policies.
Knowledge of COLTECH system; Basic knowledge of practices as well as the ability to capture data, operate computer and collate financial statistics.
Basic knowledge of the Public Service Financial Legislations, procedures (PFMA, Financial Manual); Knowledge of basic financial operating systems (ITS etc.
).
Excellent Communication (Oral and Written); Networking, Negotiation, Research.
Interpersonal Skills Planning and Organizing Skills, Computer Skills, Basic Numeracy Skills.
Job Duties
Coordinate student bursary schemes and financial aid administrative support services in the Campus.Administer the bursary and financial aid schemes application processes for the campus in line with NSFAS guidelines, funder MOU/SLA and policies.
Review application for financial Aid.
Analyze NSFAS provisionally funded students.
Coordinate the authorisation of disbursement funds.
Facilitate of other financial aid schemes i.
e.
WRSETA, HWSETA, etc.
Report on all bursary and financial aid allocations to financial aid committee and other stakeholders.
Supervise staff.
