Welcome to Finance Division

 Ms Nontuthuko (Thuthu) Mbhele 

The Chief Finance Officer Ms Nontuthuko (Thuthu) Mbhele reports directly to the Vice-Chancellor, but is accountable also variously to the chairpersons of the University’s Finance Committee, the Audit and Risk Committee.

    The Finance Division comprises two Directorates, namely:

    Finance and Procurement - Directorate: Finance and Procurement

    Financial Reporting - Directorate: Financial Reporting



    Vision

    Finance Division will be recognized for and is committed to provide intelligent financial analyses, interpretation and advice.

    Iphiko lwezimali lifuna ukwaziwa njengalelo elihlaziya ngokuhlakanipha futhi elinika izeluleko eziqondile.

    The key driver to realising this vision is a Finance Division employee who:

    • Has integrity;
    • Focused on outputs, and therefore the customer;
    • Has the necessary technical awareness (competence); and
    • Balances governance with service delivery.

    Mission

    The key focus of the Finance Division is:

    • To ensure that the University’s financial systems have absolute integrity (figures are credible, accurate and relevant and that there is accountability.
    • To ensure that the University is financially sustainable and that we collect what is due to the University, NJALO, NJALO (all the time).
    • To facilitate the timeous and correct processing of financial transactions that will enable the University to deliver on its core business of teaching and learning, research and community engagement.
    • To process accurate payments and timeously pay the right employee/supplier, at the right time, the correct amount, NJALO, NJALO (all the time).

    Philosophy

    The bulk of the University finances consist of public funds (government funding, research using government funding and student fees).  As a consequence, the management of finances will be strongly guided by the principles of accountability, transparency and sustainability.

     

    Ms Nontuthuko (Thuthu) Mbhele
    Designation Chief Finance Officer
    PA / Secretary Mrs Shrista Haripersad
    Contact Number +27 (0) 31 260 2271
    Fax Number  +27 (0) 31 260 2890
    Email haripersads1@ukzn.ac.za

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