The Chief Financial Officer (CFO) serves as the principal executive responsible for the financial stewardship, strategic financial planning, and resource management of the Central University of Technology.
In the higher education sector, the CFO plays a pivotal role in ensuring long-term financial sustainability, regulatory compliance, and the optimal allocation of resources to support the university’s academic, research, and operational mandates. By driving financial efficiency and accountability, the Office of the CFO directly enables the institution to realise its Vision 2030.
Office Leadership
The Office of the Chief Financial Officer is currently supported by an Acting CFO and a dedicated team of senior financial professionals. This collaborative leadership structure ensures continuity, robust governance, and excellence in financial management across the university.
Teams in the Office of the CFO
The CFO oversees several specialised financial functions that ensure the financial health, compliance, and operational efficiency of the university.
Financial Control and Reporting
Directs activities towards stringent budgetary control and expenditure management, including asset management, loans, investments, and equipment utilisation. Reports directly to the CUT Council and the Department of Higher Education and Training on critical financial matters.
Student Financial Administration
Renders support to students regarding bursaries and loans, striving to alleviate financial burdens so students can focus on their academic success.
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Financial Efficiency and Accountability
Promotes financial efficiency across all areas of the university. Responsible for debt recovery and Responsibility Accounting, with special attention devoted to business units and cost centres.
Procurement and Supplier Management
Manages the university's procurement processes, ensuring strict compliance with national treasury regulations and institutional policies for fair, transparent, and efficient acquisition of goods and services.