Department
Finance, East Africa
Location
Aga Khan University, Nairobi
Introduction
Founded in 1983 as Pakistan’s first private university and fully Chartered in Kenya in 2021, The Aga Khan University (AKU) is a private, autonomous, and self-governing international university, with 13 teaching sites in 6 countries over three continents. An integral part of the Aga Khan Development Network, AKU provides higher education in multiple health science and social science disciplines, carries out research pertinent primarily to low- and middle-income countries.
The University is both a model of academic excellence and an agent of social change. As a leading international institution dedicated to excellence and change, AKU operates on the core principles of quality, relevance, impact, and access.
Job Purpose/Summary
The Manager of Finance – AKU Academics operations will be responsible for leading the finance section of AKU-Kenya (General Accounting, Treasury, Fixed Assets, Student Finance and External Audits) AKU Kenya. In addition, He/She will also be working closely with Sr. Manager Finance on Regional budgeting and general accounting matters.
He/She will also be responsible for day-to-day accounting (including grants) and compliance and reporting. The position will ensure accurate bookkeeping (as per the GAAP, IFRS and IAS), institutional policies, local legal and tax laws, and statutory reporting.
Key Roles and Responsibilities
- Manage the Finance section of the AKU Kenya ensuring a strong control environment for efficiencies, integrity, and accountability.
- Manage the Finance section of the AKU Kenya ensuring a strong control environment for efficiencies, integrity, and accountability.
- Collaborate, design, implement, and review finance systems, policies, and procedures to ensure continuous improvement and contemporary relevant practices.
- Ensure AKU-Kenya monthly and annual financials are closed within the stipulated timelines and accuracy.
- Oversee the accounts payable and treasury sections of AKU Kenya making sure financial books are maintained as per the IAS, IFRS, and institutional policies. This includes (i) accruals of liabilities (ii) grants accounting (iii) fixed asset register (iv) cash flows and bank reconciliations (v) construction project accounting (vi) tuition fee receivables etc.
- Make sure that AKU Kenya complies with local tax laws.
- Oversees students’ accounting section of AKU Kenya, including (i) recognition of tuition fee income (ii) recovery from students (iii) tuition fee aging schedules.
- Oversee the recording of the revenues and expenses as per the chart of account and budget.
- Oversee the recording of grant expenses and revenues.
- Work with Senior Manager, Finance on various budgeting matters.
- Lead AKU-Kenya external audit. Work with the Senior Manager, Finance for the annual external audit of AKU-Tanzania and AKU-Uganda.
Relevant Experience and Qualifications
- CPA/ACCA/CMA qualifications
- Undergraduate Degree in Business related discipline
- 5+ years of experience in a big organization (100+ employees) with exposure to financial planning, reporting, analysis, grant budgets and day to day accounting functions. Having supervisory skills/experience in managing a team of 5-10 people.
- Masters in Accounting or/and Finance will be added advantage.
Personal Characteristics
- Adaptable
- A good communicator
- Having eye on detail
- Have people management skills
- Manage expectations of finance heads and entity heads
