University Bursar at The University of Africa

Position Description

• The Bursar will be a Principal Officer of the university and serve as the university's Chief Financial Officer, directly responsible to the Vice-Chancellor for the management and control of the finances of the University.
• S/he serves as advisor to the Vice-Chancellor on finance-related matters, coordinates the development of the University's financial management plans, and coordinates the preparation of periodic income and expenditure statements, balance sheets, cash flow estimates and ensures compliance with State and Federal tax laws.
• S/he provides important support in not only safeguarding the resources of the university but also in identifying opportunities to safely invest, augment and enhance the university's financial resources.
• S/he provides leadership in ensuring the keeping and maintenance of accurate records of all assets and liabilities held by the University, amongst other responsibilities.

Qualifications and Requirements

• The ideal candidate for the post of Bursar must be in possession of a Degree in Accounting, from a reputable University, with a minimum classification of Second Class (lower division) or a Higher National Diploma (HND) in Accounting from a recognised Polytechnic and awarded at grade no lower than Lower Credit.
• In addition, the applicant must possess at least one of the following professional Accounting qualifications: ANAN, ACA, CIMA, CPA, ACCA, or ICAN
• S/he must have at least fifteen (15) years post-graduation experience, of which at least twelve (12) were spent in an appropriately senior managerial level in a higher education institution, ideally, not below the rank of Deputy Bursar for at least four (4) years.
• The appointee must demonstrate appropriate financial management skills, as well as certification in IFRSEvidence of success with automating financial and accounting reporting systems will be a significant advantage.
• S/he should not be older than sixty (60) years of age at the time of assumption of duty.
• Candidates will be required to demonstrate familiarity with digital banking management and monitoring systems such as CoBis, Tenemos, IC-Banking or Balance Familiarity with key enterprise management systems such as SAP, Oracle, BannerCoBis, Tenemos, etc will be a significant advantage.

Terms and Conditions of Service Applicable to the Post

• The Bursar shall hold office for a single term of five (5) years only on such terms and conditions as may be specified in the letter of appointment.
• The remuneration and other conditions of service are as applicable to the post of Bursar in public universities in Bayelsa State and as may be determined from time to time by the State Government and/or the Governing Council of the University.