Strategic Alignment:

• Ensure the Finance Department's objectives align with the University's overall strategy

• Develop and implement the Departmental Strategic Plan in line with the University’s Strategic Plan

Policy Development:

• Lead the development of financial accounting and reporting policies and procedures

• Formulate and implement budgetary control policies to ensure optimal resource utilization

Work Plan Management:

• Develop and monitor the Annual Work Plan for the Finance Department

• Ensure timely and quality deliverables related to Finance and Accounts

Budget Management:

• Review monthly budget utilization reports and recommend actions on budget variances

• Oversee the preparation of annual Departmental Procurement Plans for timely resource provision

Staff Management:

• Oversee duty allocation to ensure efficient service delivery and achievement of targets

• Lead staff development and performance management to meet both individual and departmental objectives

• Coordinate staff recruitment to maintain effective internal controls

Financial Reporting:

• Regularly report on the financial performance of the institution to the University Management

• Prepare and present Quarterly and Annual Financial Statements

• Submit periodic and ad-hoc reports to the National Treasury as required

Risk Management:

• Institute and coordinate a Risk Management framework to safeguard University resources

Payment and Invoicing:

• Oversee and verify the payment process, ensuring accurate payments to suppliers

• Coordinate accurate and timely processing of payroll and statutory deductions

• Liaise with Deans to ensure timely invoicing and fee collection for students

Cash Flow and Variance Reporting:

• Review management reports on cash flows and budget variances to advise on financial decisions

• Verify monthly bank reconciliations, trial balances, and other reports for accuracy