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Published: Sep 22, 2022 (11 days ago)

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Job Summary

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The University Bursar shall be responsible for the financial administration and planning of the University and
shall maintain the accounts in a form determined by the University Council.

PERSON SPECIFICATION


 Shall hold at least a Master’s Degree in Financial Management or Commerce or Business

Administration (Accounting option)

 Shall be a member of Chartered Professional Body (CPA; ACCA; CIMA)


 Shall hold full professional qualifications of CPA, ACCA, or CIMA


 Shall hold a Bachelor’s Degree in Business Administration, or Commerce (Accounting option), or a

Bachelor’s Degree in Accounting.

 Shall have a minimum experience of Eight (8) years in financial management of which four (4) years

shall be at senior management level with a large reputable organization.

 Should have strong leadership, interpersonal and communication skill with a track record of

managing large budgets.

 Should have experience and knowledge of government and donor funding policies and procedures.

 Should be proficient in the use of word processing and spreadsheet.


 Knowledge and use of a computerized financial management system will be an added advantage.


Responsibilities
The University Bursar shall be responsible for the financial administration and planning of the University and
shall maintain the accounts in a form determined by the University Council.

PERSON SPECIFICATION


 Shall hold at least a Master’s Degree in Financial Management or Commerce or Business

Administration (Accounting option)

 Shall be a member of Chartered Professional Body (CPA; ACCA; CIMA)


 Shall hold full professional qualifications of CPA, ACCA, or CIMA


 Shall hold a Bachelor’s Degree in Business Administration, or Commerce (Accounting option), or a

Bachelor’s Degree in Accounting.

 Shall have a minimum experience of Eight (8) years in financial management of which four (4) years

shall be at senior management level with a large reputable organization.

 Should have strong leadership, interpersonal and communication skill with a track record of

managing large budgets.

 Should have experience and knowledge of government and donor funding policies and procedures.

 Should be proficient in the use of word processing and spreadsheet.


 Knowledge and use of a computerized financial management system will be an added advantage.


•Develops strategic financial plans and budgets for the University outlining projected revenue sources and expenditures and measures to be taken to control costs.

• Puts in place effective financial management systems and procedures in accordance with Government financial policies and procedures so that sound financial accounting system, records keeping and internal control maintained.

• Oversee management of incomes, expenditures, stores and assets of the university

• Initiate fund-raising strategy, mobilization of resources and oversee management of Donor funds and grants

• Coordinate with external auditors and enable them conduct the audit

• Contribute to major decisions and strategic planning of the university

• Supervises the preparation and timely production of annual budgets and work plans.

• Prepares monthly financial reports showing achievements against set targets and provides justification for any variance.

• Ensures proper maintenance of books of accounts and production of periodical Financial Statements/Reports and Analysis.

• Establishes stringent expenditure control procedures to ensure that proper authorization for payments is strictly followed.

• Establishes and ensures that any expenditure incurred is supported by payment vouchers and other valid accounting documents and budgetary allocations are not exceeded without justifiable cause.

• Ensures proper maintenance, storage and security of financial and accounting documents.

• Supervises Staff, assesses performance and identifies training needs and recommends appropriate training.


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