University Bursar at Fadac Resources

Role Overview

• The University Bursar serves as the Chief Financial Officer of the institution, responsible for the strategic management of the university’s financial resources.
• This role ensures financial sustainability through effective planning, transparent stewardship, and strict compliance with regulatory standards.

Key Responsibilities
Financial Strategy & Leadership:

• Develop and execute the university’s financial strategy in alignment with institutional goals.

Budgeting & Financial Planning:

• Prepare, implement, and monitor annual budgets and long-term financial forecasts.

Financial Operations & Control:

• Oversee accounting operations, including general ledger, payables, receivables, and payroll.

Student Financial Services:

• Supervise tuition billing, fee collection, and student account management.
• Oversee administration of financial aid, scholarships, grants, and loan programs.
• Ensure seamless, transparent financial interactions with students and parents.

Financial Reporting & Compliance:

• Prepare accurate and timely financial statements and management reports.
• Ensure compliance with statutory regulations, accounting standards, and audit requirements.
• Develop and enforce financial policies and procedures.

Investment & Fund Management:

• Manage university funds, reserves, and endowments.
• Provide expert advice on investments and funding opportunities.
• Optimize returns while maintaining prudent risk levels.

Asset & Risk Management:

• Oversee the recording, maintenance, and safeguarding of university assets.
• Identify financial risks and implement mitigation strategies.

Stakeholder & Team Management:

• Lead and supervise bursary staff and other assigned non-teaching personnel.
• Collaborate with departments such as Admissions, Registry, and Administration.
• Deliver high-quality financial services and support to students, staff, and external stakeholders.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, or a related discipline.
• Minimum of 10 – 15 years experience in finance, with at least 5 years in a senior leadership role.
• Professional certification (ICAN, ACCA, CPA) is highly desirable.
• Prior experience in the education sector or public sector finance is an advantage.