Busar at Ondo State University of Medical Sciences

About The Role

The Bursar is the Chief Financial Officer of the University and shall be responsible to the Vice-Chancellor for the day-to-day financial administration and control of the financial affairs of the University.

Job Description

The successful candidate shall:

• Serve as the Head of the University Bursary Department.
• Plan, organize, direct and coordinate the operations of the University's financial system.
• Advise the Vice-Chancellor and Management on financial policies and matters.
• Ensure prudent management of University funds and resources.
• Prepare and manage annual budgets, financial statements and reports.
• Maintain effective financial controls and ensure compliance with relevant regulations.
• Supervise revenue generation, expenditure control, payroll and accounting operations.
• Drive ICT-based financial management systems and modern accounting practices.
• Promote transparency, accountability and integrity in financial administration.
• Liaise with auditors, regulatory agencies, financial institutions and other stakeholders.

Requirements

Educational Qualifications:

Candidates applying for the post must possess:

• A good Honours Degree in Accounting, Finance, Economics or related discipline from a recognized University, with at least Second Class Lower Division.
• A higher Degree such as MBA, M.Sc., or equivalent postgraduate qualification in a relevant field will be an added advantage.

Professional Qualification:

• Applicants must be professionally qualified and registered members of recognized accounting professional bodies such as: ICAN, ACCA, ANAN, CPA, ACMA / CIMA.

Experience:
The candidate must:

• Have at least fifteen (15) years cognate post-qualification experience in a University or comparable institution of higher learning.
• Have spent not less than five (5) years at senior management level.
• Have attained the rank of Deputy Bursar or its equivalent in a recognized institution.
• Demonstrate strong competence in financial management, budgeting, auditing and strategic planning.
• Be computer literate with sound knowledge of modern accounting software and ICT-driven financial systems.
• The applicant must not be more than 60 years on assumption of duty.

Personal Attributes:

The ideal candidate must:

• Possess proven integrity, transparency and accountability.
• Demonstrate excellent leadership and managerial ability.
• Be visionary, innovative and capable of working under pressure.
• Enjoy good physical and mental health.
• Have the ability to command the respect and loyalty of staff and students.
• Show evidence of effective interpersonal and communication skills.

Condition of Service

• The appointment shall be for a single tenure of five (5) years on such terms and conditions as may be specified in the University Conditions of Service and in accordance with extant regulations governing Nigerian Universities.