Bursar at the Alvan Ikoku Federal College of Education, Owerri

The Alvan Ikoku Federal University of Education, Owerri, which took off in October 2023, represents a significant milestone in teacher education in Nigeria. Evolving from a Teacher Training College founded in 1963, the institution has offered degree programmes in affiliation with the University of Nigeria, Nsukka since 1981 and postgraduate training in affiliation with the TRCN since 2012. Recently upgraded to a University of Education by President Bola Ahmed Tinubu, GCFR, the University presently comprises six academic faculties and is equipped with the state-of-the-art facilities. The University is positioned to address Nigeria's perennial shortage of qualified teachers and envisions becoming a technology-driven Centre of Excellence in education and a leader in innovation and societal transformation.

We invite applications from suitably qualified candidates to fill the position below:

Job Title: Bursar

Location: Owerri, Imo

Job Summary

• The Bursar is the Chief Financial Officer of the University and is directly responsible to the Vice-Chancellor for the management and control of the finances of the University.

Responsibilities

• He/She shall advise the Vice-Chancellor on finance-related matters, coordinate the development and update the University's financial management plans; coordinate the preparation of periodic income and expenditure statements, balance sheet, cash flow estimates and consolidation, when necessary.
• He/She shall ensure that accurate records are maintained of all assets and liabilities held by the University.
• The duties shall include monitoring monthly income and expenditure and balance sheet variances against the budgets and ensuring that they are reconciled; monitoring treasury activities, including cash flow projections and forecasts for prudence and accountability; and negotiating with financial and government institutions with regard to financial matters.

Requirements

• The candidate for the post of Bursar must possess a good B.Sc degree in Accounting or Finance (not below second class lower division) from a reputable university or its equivalent.
• Possession of a higher qualification will be an added advantage. The applicant must possess any of the following professionally recognized accountancy qualifications: ACA, ACCA, ACMA, ICAN, CNA, or ANAN.

The candidate is also expected to:

• Not be below the rank of a Deputy Bursar, Directorate level, or top managerial/financial position in an institution of higher learning;
• Demonstrate evidence of consummate management and leadership passion and drive in previous positions and in addition, possess excellent communication and interpersonal relationship skills;
• Exhibit the ability to be a team leader, who can lead by example and has clear mentorship skills and plans; appointment;
• Exhibit a considerable degree of competence, responsiveness, demonstrable integrity and transparency on matters of financial resource management with outstanding experience;
• Be a person with good leadership qualities who can inspire and motivate colleagues, a person with a clear vision for the development of the University and must be ready to implement the vision of the University; 6. Be focused and innovative, computer literate, and must have a good working understanding of communication by internet;
• Be in excellent physical and mental health.

Terms and Conditions of Service

• 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 all Federal Universities in Nigeria and as may be determined from time to time by the Federal Government/Governing Council of the University.

Application Closing Date
15th January, 2024.