Bursar at CADSYNC Consults
Confidential
Lagos, Nigeria
Permanent
Published 1 month ago · Expires 2 weeks from now
Job description
## Title: Bursar
Position Overview
This position offers a great opportunity for career growth in financial management and institutional operations.
Principal Duties and Responsibilities
Financial Management & Accountability
- Manage day-to-day cash flow, ensuring proper allocation of funds
- Administer accounts receivable and payable with timely reconciliations
- Keep detailed and organized records of tuition fees, receipts, and financial transactions
- Prepare regular expense reports and financial updates for management
- Design and implement robust financial procedures, policies, and internal controls
- Ensure compliance with financial regulations, accounting standards, and institutional policies
Budgeting & Reporting
- Prepare and manage annual and quarterly budgets
- Conduct cost-benefit and productivity analyses to guide management decisions
- Provide financial reports and performance updates to the Rector and CEO
- Offer recommendations on investment, funding, and revenue-generating opportunities
Payroll & Staff Payments
- Manage payroll, allowances, benefits, and deductions in compliance with labor laws
- Review employment contracts for financial accuracy and terms of service
Tax & Compliance
- Liaise with local authorities and tax offices to ensure timely tax filing and compliance
- Maintain accurate tax records and ensure proper documentation for audits
Procurement & Inventory Management
- Oversee procurement processes, ensuring cost-effectiveness and accountability
- Manage institutional stores and stock inventory, ensuring proper usage and accountability
- Negotiate contracts and maintain relationships with vendors and suppliers
Stakeholder Engagement
- Work closely with auditors, regulators, and external financial partners
- Provide financial guidance and transparency to students, parents, and staff regarding fees and payments
Requirements
Qualifications & Experience
- Relevant qualifications in accounting, finance, or related field
- 2 - 5 years of professional experience in financial management or similar role
Knowledge, Skills and Abilities Required
- Strong knowledge of accounting principles and practices