Job Description
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
- Candidates should possess relevant qualifications with 2 - 5 years of experience.
Knowledge, Skills and Abilities Required:
- Strong knowledge of accounting procedures, budgeting, and cash flow management.
- Proficiency in Microsoft Office and accounting software.
- Strong analytical, problem-solving, and reporting skills.
- High integrity, confidentiality, and attention to detail.
- Effective organizational and time management abilities.
Salary
N250,000 - N400,000 / month
Application Closing Date
2nd October, 2025.