Bursar at Oyo State Government

Brief on Oyo State

• Oyo State is located in the South-West geopolitical zone of Nigeria. Created in 1976 on the official creation of more States in Nigeria, it is made up of cosmopolitan ethnic composition, with a total of 27,249sq km of land and official population of 5,591,589 (2006 Census) comprising 2,809,840 males and 2,781,749 females, a higher percentage of which are youths.
• Oyo State today boasts of about 10,000,000 inhabitants. With its 33 Local Governments and 35 Local Council Development Authorities, Oyo State is the most urbanized of Nigeria’s States. It is peopled by very enlightened and highly educated elites being a fallout of the free education scheme of the earlier administrations. It remains the intellectual capital of the nation having nested the premier University in Nigeria.
• Oyo State is a very special place with a rich history of excellence and ground-breaking achievements in Africa. The first TV Station, standardized stadium and university medical school in Africa are all in Oyo State. It has as a matter of critical necessity set out to produce fresh sets of technical hands, entrepreneurs, innovators and provide blue collar jobs. It is in this quest to tap into our latent strengths to rebuild our education structure that the Technical University was conceived.

Vision

• Our vision is Global, and we aim to be a world-class institution that is fully grounded in entrepreneurial practices, unique innovation, sustainability science, and commitment to International best practices.

Mission

• Our mission is to cultivate a cadre of technical professionals, with requisite entrepreneurial skills, capable of creating jobs and employment. This will be done by imparting.sound theoretical knowledge, and practical skills in various trades and disciplines to students, In this regard, our focus Is to provide the training and learning environment that produce exceptional graduates who are socially conscious and technically competent.
• Tech-U is committed to offering degree programs of international standard through collaboration with international institutions, among others, while appreciating the need for a phased development to reach the desired goal through such international partnership.

Job Description

• The Bursar shall assist the Vice-Chancellor in the Management of the Finances and Material Assets of the University.
• The right candidate should also have the ability to develop linkages with external communities to support the needs of the University, Candidate for this key management position must be a person of vision, proven professional distinction, management ability, integrity and transparency in private and public life.

The candidate shall:

• Develop and operate the University budget and providing the University with data necessary for informed financial decisions;
• Will serve as Resource Manager in every respect dealing with fund - raising, investments and providing financial outlays of all University operations;
• Must demonstrate competence in the management of financial resources;

Responsibilities

• Manages and administers the University’s strategic resource planning system and electronic billing system in preparation for billing of students
• Coordinates the integration of the University’s resource planning system into electronic billing process of all student financial assistance programs including Federal, State and Institutional assistances.
• Coordinates tuition payment plans for parents and students.
• Maintains records and on-line computer system for students’ accounts.
• Provides debt counseling to students and parents.
• Administers the meal plan programs including billing, transfer, and refund procedures.
• Supervises the cash management process in the collection of all revenue including receipt and deposit; data entry of all payments and service transfer invoices against student accounts and.
• Maintains accurate records of cash receipts. Cash includes currency, checks, money orders and credit card transactions.
• Refunds payments due to student withdrawals, overpayment, academic dismissal, departure from residence hail, cancellation of meal plan, etc.
• Supervises the collection efforts for all past due university charges and assignment of receivables to contracted collection agency.
• Complies with government regulations regarding delinquent and uncollectible accounts.
• Refers seriously delinquent accounts to collection agency.
• Establishes repayment plans for borrowers and transmits accounts receivable information through services of a contracted computer billing operation.
• Establishes policies and procedures to ensure positive, effective and open relationships with all clients of the Bursar Office including students, parents, faculty and administrators.
• Develops and maintains the budget for the Bursar Office, including all personnel, equipment and supplies.
• Supervises full-time and part-time professional staff and full-time support staff.
• Performs other duties and responsibilities related to those enumerated above which do not alter the basic level of responsibility of the position.

Qualifications

• Minimum of a Master degree in Finance, Accounting, Business administration or a related field.
• Minimum ten years’ experience in funds and financial resources management.
• Professional qualification should include any of the followings: ACCA, ICAN, CPA, CMA
• Experience in the management of student financial services in a public institution of higher education and knowledge of automated student record in a complex resource planning system and financial accounting systems.
• Familiarity with the Nigerian and American tax codes.