About the Role
The Corporate Office at Western TVET College is seeking a dedicated Senior Financial Aid/Bursary Officer to join their team in Randfontein, Gauteng. This critical role is essential for the administration and supervision of student bursary schemes and financial aid services across the college. As the Senior Financial Aid/Bursary Officer, you will ensure that financial support is effectively managed, facilitating access to higher education for deserving students in our community. Your work directly impacts the lives of students, enabling them to pursue their educational dreams and contribute positively to society.
In this position, you will oversee the entire process of bursary applications and the disbursement of funds, ensuring compliance with NSFAS guidelines and the college’s financial policies. The importance of this role cannot be overstated, as it not only supports students financially but also plays a significant part in maintaining the integrity and efficiency of the college’s financial management systems. You will be a key player in helping students navigate their financial aid options, making a meaningful difference in their educational journey.
About the Department
The Corporate Office of Western TVET College operates with the mission of delivering high-quality vocational education and training in South Africa. The department is committed to fostering an inclusive and supportive learning environment, ensuring that all students have access to the resources they need to succeed. By working in this department, you will be part of a larger mission that aims to empower individuals through education, contributing to the overall development of the community and the country.
What You’ll Do
- Supervise and coordinate student bursary schemes and financial aid services for the college.
- Administer bursary and financial aid application processes in line with relevant guidelines and policies.
- Authorize disbursement of funds and oversee monitoring of financial aid schemes.
- Maintain and evaluate a comprehensive database of student applications per Department of Higher Education and Training requirements.
- Compile and consolidate reports on bursary allocations for the entire college.
- Manage the uploading and posting of NSFAS student tuition remittances on financial systems, including reconciliation and balancing.
- Prepare annual NSFAS reconciliation reports and identify overpayments requiring refunds.
- Follow up on outstanding close reports to ensure accountability.
What You’ll Need
- A Matric/Grade 12 Certificate plus a recognized 3-year National Diploma or Degree in Financial Management, Accounting, or a related field.
- A minimum of 3 to 5 years of relevant experience in bursary or financial aid services.
- Proficiency in MS Excel and general computer literacy.
- A valid driver’s license is required.
- Strong understanding of financial management practices, public service financial legislation, and Treasury Regulations.
- Excellent verbal and written communication skills, attention to detail, and the ability to handle financial data accurately.
How to Apply
Please hand deliver your application or email it to the instructions provided below.
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Requirements
Matric/Grade12 Certificate plus a recognised 3-year National Diploma or Degree in Financial Management / Accounting or any other relevant 41 qualification.Must have a minimum of 3 to 5 years relevant work experience in bursary / financial aid services.
Must be computer literate.
Must be proficient in MS-Excel.
Must have a valid driver’s license.
Competencies, Knowledge, And Skills: Must have knowledge and understanding of financial functions, practices as well as the ability to capture data, operate computer and collate financial statistics.
Knowledge of the Public Service financial legislations, procedures and Treasury Regulations (PFMA, NSFAS guidelines and Financial Management practices and principles).
Knowledge of basic financial operating systems.
Must have good verbal and written communication, basic numeracy skills, ability to perform routine tasks, ability to operate office equipment, flexibility, interpersonal relations, accuracy and aptitudes of figures.
Job Duties
Ensure overall supervision and coordination of student bursary schemes and financial aid administrative support services for the entire college.Ensure the overall supervision and administration of bursary and financial aid schemes application processes for the entire college in line with NSFAS guidelines, funder MOU/SLA and policies.
Ensure overall supervision and authorisation of disbursement of funds.
Ensure overall supervision and facilitation of other financial aid schemes.
Ensure overall supervision, monitoring, evaluation and maintenance of database of all student applications in terms of Department of Higher Education and Training and NSFAS requirements.
Ensure overall supervision and consolidate reports on all bursary and financial aid allocations for the entire college.
Uploading and posting of all NSFAS student tuition remittances on the Pastel and Coltech systems including reconciliation and balancing thereof.
Prepare and conclude annual NSFAS reconciliation report in terms of advances and tuition fee receipts/remittances.
Identify all NSFAS overpayments and credits with interest that should be repaid and refunded to NSFAS annually.
Follow up on outstanding close reports.
