Background

The the Campus brings education and healthcare together in one place, for children and young people, many of whom live with chronic health conditions. Behind every classroom, clinic and boarding house there is a budget that has to be planned with care, spent wisely and explained openly to donors, the Board and the families we serve.

The Head of Finance provides the financial leadership that makes this possible, so that the Campus is sustainable, accountable and trusted.

Job Purpose

To lead all financial functions of the the Campus, making sure resources are looked after well, the law and donor requirements are met, internal controls are strong, the Campus remains financially sustainable, and financial reporting is clear and honest.

Division of leadership. The Head of Finance is professionally responsible for financial management, controls, accounting, financial reporting, tax and statutory compliance, and donor financial reporting. The Head of School sets Campus priorities, leads the annual budget process together with the Head of Finance, and approves spending within delegated authority. The Head of HR & Operations runs procurement and keeps the physical asset register; the Head of Finance reviews procurement against budget and value for money, and keeps the financial records of assets. The Head of Finance advises senior leadership and the Board objectively, and raises concerns about financial controls or compliance whenever they arise.

Key Responsibilities

3.1 Financial Strategy and Planning

• Develop long-term financial strategies for the Campus.
• Lead the annual budget process with the Head of School and department heads, from first draft to Board approval.
• Support institutional sustainability planning, including future funding needs and sources of income.
• Give clear, honest financial advice to the Head of School, senior leadership and the Board.

3.2 Financial Management

• Oversee accounting systems and keep complete, accurate financial records.
• Manage cash flow and treasury, including bank accounts and payment approvals.
• Monitor budget performance each month and explain differences from budget to budget holders and the Head of School.
• Keep spending under control, and work with budget holders to correct overspending early.

3.3 Financial Reporting

• Prepare monthly, quarterly and annual financial reports on time.
• Present financial information to leadership and the Board in plain language that colleagues outside finance can use.
• Maintain donor and grant compliance, and prepare donor financial reports to the required standard and deadlines.

3.4 Audit, Compliance and Internal Control

• Coordinate internal and external audits, and follow up so that audit recommendations are acted on.
• Make sure tax and statutory obligations are met on time
• Strengthen financial controls and risk-reduction systems, including separation of duties and approval limits.
• Report any suspected fraud, loss or serious breach of controls promptly to the Head of School

3.5 Procurement Oversight

• Review procurement plans and major expenditure against approved budgets.
• Make sure value-for-money principles are applied.
• Support fair and transparent purchasing, working with the Head of HR & Operations, who leads procurement.

3.6 Asset and Risk Management

• Maintain the financial asset register and reconcile it with the physical asset register kept by HR & Operations.
• Monitor the Campus’s financial risks and keep them recorded in the institutional risk register.
• Manage insurance and other financial protection arrangements.

3.7 Leading the Finance Team

• Supervise, support and appraise finance staff, and help them grow in their roles.
• Help budget holders across the Campus understand budgeting, expense and reporting procedures.
• Serve on the Campus Senior Leadership Team.

Qualifications and Experience

Minimum Academic Qualifications

• An Honors Bachelor’s Degree in either Commerce (Accounting option) or Business Administration (Accounting option) or Finance and Accounting or any other course with accounting option.
• Possession of a CPA is a must
• Membership to the Institute of Public Accountant is a must

Minimum Work Experience

• A minimum five (5) five years working experience in accounting & finance department of which, three years must have been at a supervisory level in busy finance section or from reputable organization.
• Experience in the education or healthcare or nonprofit sectors.
• Experience managing donor-funded programs

Key Skills and Competencies

• Strategic Financial Management.
• Accounting & Reporting Expertise
• Budgeting & Forecasting
• Internal Controls & Risk Oversight
• Treasury & Cash Flow Management
• Leadership & Staff Development
• Analytical & Problem-Solving Skills
• Communication & Presentation

• Develop long-term financial strategies for the Campus.
• Lead the annual budget process with the Head of School and department heads, from first draft to Board approval.
• Support institutional sustainability planning, including future funding needs and sources of income.
• Give clear, honest financial advice to the Head of School, senior leadership and the Board.
• Oversee accounting systems and keep complete, accurate financial records.
• Manage cash flow and treasury, including bank accounts and payment approvals.
• Monitor budget performance each month and explain differences from budget to budget holders and the Head of School.
• Keep spending under control, and work with budget holders to correct overspending early.
• Prepare monthly, quarterly and annual financial reports on time.
• Present financial information to leadership and the Board in plain language that colleagues outside finance can use.
• Maintain donor and grant compliance, and prepare donor financial reports to the required standard and deadlines.
• Coordinate internal and external audits, and follow up so that audit recommendations are acted on.
• Make sure tax and statutory obligations are met on time
• Strengthen financial controls and risk-reduction systems, including separation of duties and approval limits.
• Report any suspected fraud, loss or serious breach of controls promptly to the Head of School
• Review procurement plans and major expenditure against approved budgets.
• Make sure value-for-money principles are applied.
• Support fair and transparent purchasing, working with the Head of HR & Operations, who leads procurement.
• Maintain the financial asset register and reconcile it with the physical asset register kept by HR & Operations.
• Monitor the Campus’s financial risks and keep them recorded in the institutional risk register.
• Manage insurance and other financial protection arrangements.
• Supervise, support and appraise finance staff, and help them grow in their roles.
• Help budget holders across the Campus understand budgeting, expense and reporting procedures.
• Serve on the Campus Senior Leadership Team.

• Strategic Financial Management.
• Accounting & Reporting Expertise
• Budgeting & Forecasting
• Internal Controls & Risk Oversight
• Treasury & Cash Flow Management
• Leadership & Staff Development
• Analytical & Problem-Solving Skills
• Communication & Presentation

• An Honors Bachelor’s Degree in either Commerce (Accounting option) or Business Administration (Accounting option) or Finance and Accounting or any other course with accounting option.
• Possession of a CPA is a must
• Membership to the Institute of Public Accountant is a must