Bursar at CADSYNC Consults

Confidential

Lagos, Nigeria Permanent

Published 1 month ago · Expires 2 weeks from now

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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

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