Finance Officer at The Nigerian University of Technology and Management (NUTM)

Role Overview

We are offering a unique opportunity to build an institution characterized by excellence. One that will make a significant impact on higher education in Nigeria and Africa. The Finance Officer is responsible for the day-to-day processing, recording, and reconciliation of financial transactions. The officer ensures compliance with established financial policies and provides reliable accounting data to support the Head Accountant in financial reporting and control.

Principal Duties and Responsibilities

Student Finance & Revenue Management

• Manage the billing, collection, and reconciliation of student tuition fees and related charges. 
• Maintain accurate student financial records and ensure timely invoicing and receipting. 
• Monitor outstanding balances and proactively follow up on overdue accounts. 
• Generate periodic reports on tuition revenue, collections, and receivables. 
• Work with Admissions, Registry, and IT units to ensure smooth student account setup and fee updates. 
• Manage refunds, fee adjustments, and payment plan arrangements in line with policy. 
• Provide frontline financial assistance and clarity to students and parents on fee-related matters.

Financial Accounting Support

• Support the Head Accountant in preparing monthly, quarterly, and annual financial reports.
• Assist in general ledger reconciliations and posting of transactions related to tuition and other university income.
• Help ensure compliance with financial policies, accounting standards, and audit requirements.
• Support cash flow planning and revenue projections.
• Participate in internal and external audit exercises as required.

Process & System Management 

• Ensure all transactions are accurately captured in the accounting and student management systems (ERP or equivalent). 
• Maintain financial data integrity, ensuring completeness and correctness of billing and collection records.
• Collaborate with IT to improve automation of fee management and reporting systems. 
• Recommend and implement process improvements to enhance transparency and efficiency. 

Stakeholder Collaboration 

• Liaise with students, parents, and staff courteously on all financial matters.
• Support Finance leadership in coordinating with banks, auditors, and regulatory bodies when necessary.
• Ensure alignment between student finance operations and institutional objectives.

Preferred Candidate 

• Bachelor’s degree in Accounting, Finance, Economics, or a related discipline. 
• Minimum of 3 years of relevant post-graduation experience in a finance/accounts role, preferably within the public sector or an educational institution. 
• Proficiency in accounting software (e.g., Sage, QuickBooks, SAP, or ERP systems). 
• Strong understanding of financial reporting, reconciliation, and receivables management. 
• Professional accounting qualification or student membership (ICAN, ACCA, etc.) is an added advantage.
• Excellent attention to detail, integrity, and organizational skills. 

Key Competencies 

• Accuracy and accountability 
• Strong communication and interpersonal skills 
• Analytical and numerical ability 
• Proficiency in Excel and digital finance tools 
• Service orientation and problem-solving mindset 
• Confidentiality and professionalism 

What We Offer 

In order to build Africa’s foremost world-class university, we need Africa’s most brilliant minds. Joining NUTM will offer:

• Vibrant work environment. 
• Competitive benefit packages. 
• Comprehensive health care benefits. 
• Flexible work opportunities. 
• Continuous Learning and growth. 
• Collaborative and innovative company culture 
• Access to a wide network of high impact people. 

Join NUTM and be part of a transformational journey in shaping the future of education in Africa. We would love to hear from you. NUTM is an equal employment Opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or any other characteristics protected by law.