Finance Manager

Job description

GENERAL DESCRIPTION
By performing a wide range of functions the job holder carries the responsibility of ensuring that the financial management and administrative systems of the University and its business units are in line with the strategies, policies and procedures of the university and in conformity with accounting standards and legal requirements.

MAIN DUTIES AND RESPONSIBILITIES

1. Preparation of all accounts for the University, Building Projects, related businesses complying with relevant International Accounting Standards (IFRSs IASs and GAAPs)
2. Development and implementation of financial management systems.
3. Providing and interpreting financial information
4. Coordinate and direct the preparation of the annual operational and capital budgets.
5. Monitor and control budgets and report variances.
6. Analysis of restricted/grant funds and ensuring they are correctly recorded and used for intended purpose
7. Monitoring and interpretation of cash flows and predicting future trends.

8. Developing financial management mechanisms that minimise financial risk.

9. Keeping abreast of changes in financial regulations and legislation.

10. Liaising with internal and external auditors to ensure timely audit of accounts.

11. Conducting reviews and evaluations for cost-reduction opportunities.

12. Producing accurate financial reports to specific deadlines.

13. Developing external relationships with appropriate contacts, such as auditors, bankers, statutory organisations, contractors and suppliers.

14. Reviewing financial transactions to ensure accurate reporting.

15. Reviewing and compiling reports prepared by the Administrative and assistant Accountants.

17. Cash flow projections and mechanisms for effective utilization of funds.
18. Administration of the payroll and other benefits and ensuring timely submission of statutory returns (PAYE, NAPSA etc) and payments.
19. Creation of beneficiaries records for online payments, review payment documents and upload on to the online payment platform.
20. Overseeing the Financial aid allocation process.
21. Perform other accounting and administrative functions as assigned from time to time.

WORK EXPERIENCE REQUIREMENTS

Minimum of five years’ experience in a busy accounting and administration function.

EDUCATION REQUIREMENTS

Grade 12 School Certificate
Full  ACCA or equivalent
Master’s degree in Business or related field would be an added advantage.
Valid Driver’s License.

KEY COMPETENCES

Ability to provide professional customer service
Strong organizational and problem solving skills
Attention to detail
Work confidentially with discretion and honest.
Direct and clear communication both orally and in writing
Full of initiative and ability to work with minimum supervision
Ability to set priorities and meet strict deadlines
Working knowledge of QuickBooks accounting system, MS Excel, Word and PowerPoint
Flexibility and willingness to accept new tasks and challenges
Ability to assemble diverse data and prepare clear and concise reports.
Capable of maintaining complex and varied files and records.
Ability to establish and maintain cooperative and effective working relationships with others.
Ability to maintain a neat and tidy work area.
Willingness to work extended hours as and when necessary.