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Full Time
|Job Description
Roles and responsibilities of this job
The Head of Finance is a senior leadership role responsible for the overall financial strategy, governance, sustainability, and risk management of the organization. This position provides strategic financial direction to the Executive Management and Board, ensures regulatory compliance, strengthens internal controls, and oversees the Finance Department, including the Finance Officer and Accounts team. The role focuses on long-term financial planning, institutional sustainability, investment strategy, and financial risk mitigation while ensuring operational financial excellence.
Key Responsibilities:
Develop and implement long-term and short-term financial strategies aligned with organizational goals.
Provide strategic financial advice to the Executive Management and Board.
Lead annual financial planning and budgeting processes across departments.
Approve and oversee fund projections and financial sustainability plans.
Guide investment decisions and capital allocation strategies.
Establish and strengthen internal financial controls and compliance frameworks.
Ensure accuracy, integrity, and transparency of all financial reporting.
Review and approve quarterly and annual financial reports.
Oversee preparation of segmental financial reports and institutional performance analysis.
Ensure departmental implementation of organizational SOPs and financial policies.
Lead enterprise-wide financial risk assessment and mitigation planning.
Ensure compliance with IRD guidelines, tax regulations, ministry requirements, and statutory bodies.
Act as the primary liaison with auditors, tax authorities, banks, ministries, and regulatory agencies.
Oversee audit processes (internal and external) and ensure timely resolution of audit findings.
Approve annual budgets with detailed monthly breakdowns.
Monitor budget performance and review variance analysis reports.
Direct corrective financial strategies for adverse variances.
Oversee departmental KPIs and financial performance metrics.
Lead cost optimization and financial efficiency initiatives.
Oversee payroll administration and ensure compliance with IRD regulations.
Ensure timely and accurate salary disbursement.
Monitor cash flow, liquidity planning, and working capital management.
Approve compiled salary sheets and operating segment allocations.
Oversee preparation of university-related financial documentation and fee reconciliation.
Ensure proper reconciliation of examination attendance and fee eligibility records.
Provide financial oversight for academic program viability and resource allocation.
Lead, mentor, and supervise the Finance Officer and Accounts team.
Establish performance standards and conduct periodic performance evaluations.
Build capacity within the finance department.
Promote a culture of accountability, integrity, and continuous improvement.
Key Competencies
Strategic financial leadership
Advanced financial planning and analysis
Risk management and regulatory compliance
Decision-making and problem-solving
Stakeholder engagement and negotiation
Strong leadership and team development skills
High level of integrity and professional ethics
Job Specification
Required qualifications for this job
Skills Required
Required skills for this job
Salary
Offered financial and non-financial compensation for this job
Applying Procedure
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Apply Before: Apr 03, 2026
About the organization
We are a leading educational institution committed to providing high-quality learning experiences and fostering academic excellence. With a strong focus on innovation, practical learning, and professional development, we aim to equip students with the knowledge, skills, and confidence needed to succeed in a competitive global environment. Our organization emphasizes a student-centered approach, integrating modern teaching methodologies, state-of-the-art facilities, and industry-relevant programs to prepare graduates for real-world challenges. We take pride in our diverse faculty, supportive learning environment, and collaborative culture that promotes growth, creativity, and lifelong learning.
