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Chief Finance Officer at Umma University

Umma University is an established university in Kenya accredited by the Commission for University Education. The University has two campuses; Thika and Kajiado. Umma University offers courses in Computer Science, Nursing (Direct Entry and Upgrading), Business Management, Information and Communication Technology, Islamic Sharia, Islamic Banking & Finance and Islamic Studies. Umma University was established to increase access to quality higher education to diverse individuals and communities. Umma University is ‘the University of the People’ with the objective of delivering knowledge in various platforms from traditional classroom learning, Distance and Open Learning, On-Line courses and learning using modern technology.

Ref: VA/UU/046/2020

We are looking for a dedicated Chief Finance Officer with a commitment to excellence to enhance our financial oper-ations.

This position is responsible for advising on the University strategies in order to achieve financial sustainability as well as prudent management of financial resources through continuous review of financial controls.

Key Duties and Responsibilities

  • Oversee the strategic direction, management, coordination, administration and harmonization of activities of thefinance department;
  • Analyze and oversee financial policies, procedures, donor reporting as well as recommend to the Vice Chancellornew or revised policies, procedures or programmes when needed;
  • Establish and maintain University-wide objectives, policies, procedures, processes and practices to ensure maintenance of sound financial accounting structures;
  • Participate in developing new business, specifically: assist the Vice Chancellor in identifying new revenue generatingopportunities;
  • Develop and maintain systems of internal controls to safeguard financial assets of the University; and
  • Fulfilling stewardship responsibilities by ensuring effective compliance and control and responding to ever increasingregulatory developments, including adherence to financial regulations and standards, financial reporting, capitalrequirements, statutory and tax obligations, legal documents and insurance coverage.

Job Specifications:

The job holder must possess:

  • Masters of Business Administration with Finance option or its equivalent;
  • Certified Public Accountant (K) or have equivalent accounting qualification;
  • Proficiency in accounting software including Sage ERP
  • Experience with donor fund management;
  • A minimum of 10 years’ experience in finance at a senior management level and five of which must be as a CFO;
  • Mature and proactive with evidence of having worked as a true business partner to the Chief Executive of an organization;
  • Demonstrated excellence in managing finance, accounting, budgeting, control and reporting;
  • Thorough understanding of the International Financial Reporting Standards and experience in application and enforcement of standards at the workplace; and
  • Excellent communication, attention to detail and personnel management skills

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