JOB PURPOSE/ SUMMARY:

To provide leadership and coordination of the Finance and Accounting functions of the University, and in particular to serve in the role of Financial Comptroller.

DUTIES/ RESPONSIBILITIES:

• Formulates financial policies as required and participates in financial planning for the University, in alignment with the University’s strategic plan and objectives.
• Develops annual budgets for the University, inclusive of the review and revision of all departmental budget submissions.
• Ensures the submission of financial reports to the Board, Board Committees, President, Executive and other external agencies including Ministries.
• Ensures the preparation of monthly management accounts for submission to the Executive team, front line users and/or budget holders.
• Ensures that there is a reliable system of internal controls in place to adequately safeguard the assets of the University.
• Ensures integrity and accuracy in the reporting of financial results.
• Conducts continuous assessments on internal controls with appropriate adjustments.
• Ensures that there are reliable systems in place for accounting and reporting on Donated Funds (Restricted and Unrestricted), Endowment Funds, Research Projects (UTT funded and/or Sponsored/Corporate Donors) and Managed Projects (Clients’ Funds).
• Ensures compliance with finance-related statutory obligations - submission of reports and payments, viz: taxes, national insurance etc.
• Ensures that the institution’s annual accounts are audited on a timely basis.
• Ensures that auditors’ requirements (both internal and external) are me.
• Undertakes special assignments/projects and performs other related duties as assigned.
• Ensures that insurance premiums of all UTT’s assets are paid and up to date.
• Supervises, coaches and mentors subordinate staff and implements the University's performance management system accordingly.

QUALIFICATIONS AND EXPERIENCE:

• Professional Accounting Qualification such as ACCA, CA or equivalent.
• Master’s Degree or equivalent in Finance, Accounting or related field will be an asset.
• Minimum ten (10) years managerial experience at a senior level.
• Membership in a relevant professional body.

COMPETENCIES/TRAITS:

• Demonstrated ability in management of financial planning and systems, financial reporting, budgets, risk mitigation and audit.
• Experience in the effective management of the financial systems and procedures of universities.
• Ability to examine and re-engineer operations and procedures, formulate policy and implement new strategies and procedures.
• Strong interpersonal and communication skills and the ability to work. effectively with a wide range of constituencies in a diverse community.
• Knowledge of and ability to interpret and advise on the application of relevant legislation and standard international practices impacting on assigned responsibilities.
• Ability to analyse problems and develop creative solutions within the existing regulatory framework.
• Strong leadership, strategic thinking, decision making and problem solving skills.
• Strong negotiation skills.