FINANCE 

Post – Asset Officer, Midlands
Reference Number – 20001433

With more than 34400 students, and approximately 1700 members of staff, the Durban University of Technology (DUT) is a leading university of technology proudly located in the beautiful cities of Durban and Pietermaritzburg, along the warm east coast of South Africa. Founded in April 2002 through the historic merger of the former ML Sultan Technikon and Technikon Natal, DUT has evolved into a modern, metropolitan, multi-campus university with roots tracing back to 1907.

Today, DUT is recognised nationally and internationally for its excellence in teaching and learning, research, innovation, entrepreneurship and engagement. A proud member of the International Association of Universities, DUT continues to expand its influence across South Africa and the world. In the 2025 Webometrics Rankings, DUT was ranked among the Top 6% of all universities and colleges worldwide, reflecting its academic excellence, research impact and strong global visibility.

DUT’s Philosophy of Education, “Our creativity and innovation shapes adaptive graduates who transform society” reflects the institution’s deep commitment to meaningful impact for societal transformation. Guided by its inspirational and aspirational ENVISION2030 strategy, which is rooted in DUT’s DNA of being ‘people-centred and engaged’ and ‘innovative and entrepreneurial’ and underpinned by its bespoke Living Values Framework, DUT focuses on ‘contributing to the improvement of lives and livelihoods’.

The University comprises six diverse Faculties:

1. Accounting and Informatics
2. Applied Science
3. Arts & Design
4. Engineering and the Built Environment
5. Health Sciences
6. Management Sciences

DUT also includes a Business School and the award-winning Institute for Water and Wastewater Technology (IWWT), amongst other research centres and institutes, reinforcing its role as a hub for knowledge, innovation and societal impact. Over the years, the University substantially grown its research output, dominating the UoT sector. This is evidenced by the steady increase of NRF-rated researchers and the notable, unprecedented award of seven NRF SARCHi Chairs in 2025. This impetus helps us to remain deeply engaged with our communities glocally, thereby transforming societies and economies.

At DUT, we believe in nurturing talent and empowering people to make a real difference. If you are passionate about contributing to education, research, innovation, entrepreneurship and engagement, DUT offers the ideal environment - Creative. Distinctive. Impactful.

Purpose of the Job
To support the management of DUT’s fixed assets at our Midlands Campus's, including verification, record-keeping, reconciliations, insurance claims, and compliance with asset management policies and IFRS standards, thereby safeguarding the institution’s assets and minimizing risks.

Minimum Requirements

Education (Formal Qualification Required)

• Diploma (NQF 6) in Financial /Cost Accounting, or other relevant Finance Diploma.

Ideal

• Bachelor’s degree in accounting, Finance, or Commerce

Experience

• 2–3 years’ experience in financial administration or asset management.
• 4–5 years’ experience in asset management in higher education or a large organisation.
• Knowledge of asset management and financial administration
• Proficiency in MS Office (Excel, Word, Outlook)
• Familiarity with financial/accounting systems (ERP or similar)
• Good numerical and reconciliation skills
• Strong attention to detail and accuracy

Ideal

• Knowledge of IFRS and asset accounting standards.
• Experience in higher education or public sector asset management.
• Familiarity with insurance claim processes.
• Understanding of internal controls and audit requirements.
• Communication and stakeholder support skills.

Summary of Duties:

• Maintain the DUT Fixed Assets Register to account for all additions, disposals and transfers of assets in accordance with the relevant asset management policies and procedures.
• Plan and schedule the annual physical verification of DUT fixed assets and inform relevant internal stakeholders accordingly
• Assist in managing insurance documentation for university assets.
• Ensure compliance with DUT’s asset management policies and procedures.
• Assist in preparing monthly reconciliations of asset accounts.
• Provide guidance to departments on asset management procedures.
• Maintain accurate records of asset movements and disposals.
• Provide support for projects assigned by the Manager: Assets

 
Salary: Market related

Contact Person: Mr. Viko Mazwi

Status of Position: Permanent

Applications should include:

• A fully completed prescribed application form which can be obtained from dut.ac.za (under the QUICK LINKS tab - @careers)
• A detailed curriculum vitae (explicitly stating experience or knowledge in the above-mentioned fields)
• Cover Letter
• Copies of all relevant academic records and certificates
• ID Copy
• Matric Certificate
• Current contactable referees

Please note:

The University reserves the right not to appoint.

While DUT strives for equal opportunities, preference will be given in terms of the University’s Equity Plan.