| Job Title | University Bursar |
| Directorate | Finance |
| Reports to | Vice Chancellor through the University Secretary |
| Salary Scale | PU3 |
| Age | 45 Years of age, but not above 55 years |
| Terms of Employment | 5-year Contract renewable once |
| Number of posts | 01 |
| REF.NO. | EXT AD/APP/4/01/25 |
Main purpose of the job
To provide technical support in budget formulation, execution, and accountability to ensure sound management of financial resources as determined by the University Council
Duties and Responsibilities
The duties and responsibilities shall be to;
- Coordinate the Development of strategic financial plans, work plans, budget process, consolidation and facilitate budget execution for the University, outlining projected revenue sources and expenditure and measures to be taken to control costs.
- Implement effective financial management systems and procedures in accordance with Government financial policies and procedures.
- Supervise the preparation and timely production of routine and periodic financial statements and reports, reviews and approves the correctness of the statements.
- Verify and approve micro procurement requisitions and advise the
Accounting Officer on transactions of higher thresholds.
- Review responses and advise on oversight issues, including audit queries relating to financial management and accountability.
- Ensure up-to-date books of accounts, financial records, and asset registers are properly maintained.
- Develop a sound internal financial management control system and mechanism for monitoring to ensure compliance with regulations and efficient and effective management of financial resources.
- Provide technical advice and guidance on financial management matters to ensure compliance.
- Supervise the preparation and production of quarterly, semi-annual, and final accounts of the University
- Ensure proper maintenance, storage and security of financial and accounting documents of the university
- Supervise accounts operations, monitor and evaluate staff performance, and
- Perform any other duties that may be assigned by the supervisor from time to time.
PERSON SPECIFICATIONS
(a) Academic Qualifications
- i) Must possess a minimum of a Master’s Degree in Finance or Accounting or Business Administration (accounting option) and Bachelor (Hons) of Commerce or Bachelor (Hons) of Business Administration (Finance/Accounting), Bachelor (Hons) of Finance/Accounting or its equivalent from a recognized institution.
- ii) Should have full professional accounting qualifications such as
ACCA, CPA or CIMA.
Working experience
(i) Should have at least ten (10) years of working experience in the financial management, with a reputable organisation, three (3) of which should have been at the level of Deputy Bursar or equivalent and above, in a public institution or reputable private organisation.
(ii) Should be a full Member of a recognised awarding Institution/body accredited by ICPAU.
Required Competencies:
(i) Should have high integrity with excellent communication, leadership, and people’s skills.
(ii) Should be computer literate, with good working knowledge of standard office documentation software and with demonstrable knowledge and skills in computerised Financial Management systems and packages.
(iii) Should have the ability to initiate and institute measures to enforce prudent financial management and proper use and accountability of the University’s fiscal.
