Bursar at University of Jos

Duties

• The Bursar is the Chief Financial Officer of the University and is responsible to the Vice-Chancellor for effective financial management and the day-to-day administration and control of the financial affairs of the University.
• The Bursar of the University will be responsible for overseeing budgets, handling tuition and fees, managing financial records, and ensuring compliance with financial regulations.

Specific Responsibilities

• Financial Management: Development and management of the institution's annual budget, forecasting revenue and expenses, allocating funds, and monitoring budget performance to ensure financial sustainability and compliance with all relevant financial regulations and policies.
• Accounting: Overseeing accounts payable and receivable, cash management, ensuring proper recording and reconciliation of transactions and maintaining an acurate and up-to-date financial records. Implement and enforce financial policies, procedures, and internal controls to safeguard institutional assets, prevent fraud, and ensure compliance with accounting standards and regulatory requirements.
• Student Accounts and Billing: Managing the collection of tuition fees, student bills, and other related charges including setting up and managing payment plans and other payment arrangments for students
• Financial Reporting: Preparing regular financial reports for management, highlighting performance and identifying areas for improvement.
• Payroll: Managing payroll for staff, ensuring accurate and timely payments.
• Insurance: Ensuring adequate insurance coverage for the institution, including property, liability, and other relevant policies.
• Relationship Management: Building and maintaining relationships with external stakeholders, such as banks, suppliers, and government agencies.
• Strategic Planning: Participate in strategic planning, policy development, and institutional initiatives related to financial planning and management, contributing expertise and insights to achieve organizational goals and objectives. The Bursar will develop a vision to ensure that the University is prepared to remain competitive in the evolving global trends in higher education and skills development.
• Manage and Mentor Staff: Lead and supervise finance and accounting staff, providing leadership, direction, motivation, mentoring of bursary staff and support to ensure effective teamwork, performance, and professional development in line with the mission of the University.
• Professionalism and Integrity: Demonstrate professionalism, integrity, and ethical conduct in all financial activities, maintaining confidentiality, and protecting sensitive financial information.
• Collaboration: The Bursar shall be collegiate, working closely with various stakeholders in the budgeting and management of financial
  resources.
• Other Responsibilities: Perform any other responsibilities for the development of the University and as may be assigned by the Vice-Chancellor.

Qualifications and Experience
Essential:

• A minimum of a good honours Bachelor's degree/HND in accounting, finance, business administration, or a related field
• Membership of any of the following Professional Accounting bodies:
  • Institute of Chartered Accountants of Nigeria (ICAN)
  • Association of National Accountants of Nigeria (ANAN)
  • Association of Certified Chartered Accountants of Nigeria (ACCA)
  • Institute of Chartered Accountants of United Kingdom, Scotland or Ireland (UK)
  • Institute of Cost and Management Association
• Candidates should have at least, a minimum of eighteen (18) years relevant post-qualification working experience in the Bursary, including 5 years in an upper management position in a university or similar Institution.
• The Candidate must be serving officer not below the rank of Deputy Bursar.
• Demonstrated experience with budgeting, financial management, and resource allocation.
• Must be highly Computer Literate and proficient in relevant Computer applications as applicable in the running of a complex and Modern University Financial processes.
• Knowledge of accounting principles, financial analysis, budgeting, and financial reporting, with experience in preparing budgets, financial statements, and reports.
• Familiarity with federal financial aid regulations, compliance requirements, and financial aid programs, such as student loans, and work-study programs.
• Proficiency in financial management software, ERP systems, and Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Strong analytical and problem-solving skills, with the ability to analyze financial data, identify trends, and make data-driven decisions to support financial planning and management.
• High level attention to detail and accuracy in managing financial records, transactions, and reports, ensuring compliance with accounting standards and regulatory requirements.
• Leadership and team management abilities, with the capacity to lead, motivate, and develop finance and accounting staff, fostering a culture of excellence, collaboration, and continuous improvement.
• Commitment to customer service excellence, with a focus on providing responsive, courteous, and helpful service to students, families, faculty, and staff.
• The Candidate must be a serving officer not below the rank of Deputy Bursar. Candidates must not be above the age of fifty nine (59) years on the 14th February, 2026.

The Bursar should also be endowed, among others with the following qualities and skills:

• Integrity, independence and objectivity
• Financial management
• Budgeting and forecasting
• Accounting principles
• Attention to details
• Teamwork.

Desirable:

• Possession of relevant higher degrees or postgraduate provisional qualifications in related disciplines will be an added advantage.
• Successful fundraising experience, with a record of obtaining grants.

Condition of Service

• The appointment is for a single tenure of five (5) years in the first instance and on satisfactory performance, the person may have his/her tenure extended for a further period of one (1) year and no more.
• Salary and other benefits shall be as approved by the Federal Government and the Governing Council of the University of Jos.