Vacancy Details

The Principal Assistant Bursar is responsible for supporting the Bursar in the effective management, coordination, and oversight of the University’s financial operations. The position provides leadership and technical guidance in financial management, accounting, budgeting, financial reporting, internal controls, and compliance with applicable financial policies, regulations, and accounting standards.

·         Financial Consolidation:Ensuring that an accurate monthly trial balance is produced Produce IPSAS Compliant Consolidated Financial Statements from multiple subsidiaries and ensure         intercompany transactions are reconciliations are done.

·         Reporting: Prepare monthly management accounts, quarterly forecasts, and annual statutory financial reports.

·         Compliance & Standards: Ensure all entities follow relevant accounting frameworks like IFRS or IPSAS. Also comply with the relevant regulatory frameworks and statutory requirements.  

·         Audits: Lead internal and external audit processes, answer auditor inquiries, and resolve discrepancies.

·         Budgeting: Help design yearly group budgets and monitor financial performance against targets.

·         Internal Controls: Maintain consistent financial policies and risk controls across all business units

·         Authorizing payments in the group companies

Any other duties as assigned from time to time

·         Applicants must have a first degree in Accounting;

·         A Master’s degree in Accounting, MBA or MBL;

·         A professional qualification such as ACCA/CIMA/CGI/CPA or significant progress towards attainment of one.

·         Applicants must have at least five (5) years hands on experience in an accounting environment;

·         Knowledge of computerized accounting packages such as Pastel would be a distinct advantage;

·         A thorough understanding of the Shared services Model in group operations

·         Strong knowledge of accounting principles, financial management, and financial reporting.

·         Excellent understanding of budget preparation, monitoring, and control.

·         Knowledge of public sector and/or university financial management systems and procedures.

·         Statutory requirements.

·         Proficiency in accounting and financial management software and Microsoft Office, particularly Excel.