Director of Finance
- Employer
- American International University, Kuwait
- Location
- Kuwait
- Salary
- Competitive Salary
- Date posted
- Sep 2, 2021
View more
- Position Type
- Administrative, Business & Administrative Affairs, Financial Affairs
- Employment Level
- Administrative
- Employment Type
- Full Time
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Director of
Finance
American International University - Kuwait City Classification: Senior Leadership Reports to: Vice President for Administration Job Purpose: Serve as a member of the President’s staff overseeing and managing the University’s financial matters including but not limited to budget, payroll, accounting, cashier, purchasing, financial systems and fiscal policy development. The incumbent oversees the annual budget preparation, the management of income to the University from all sources, the distribution of funds throughout the University, administration of University compensation programs, and the execution of all budget related activities consistent with the policies of the University. Also works closely with the Owners and the Chair of the Board of Trustees on all aspects of financial management and planning. Duties:Serve as member of the President’s staff, participating in
discussions, decision-making, and policy making as required.
Direct the preparation and administration of the university
budgets, costs analysis and other financial, administrative and
business affairs based upon institutional mission and resources and
enrollment management goals and objectives.
Develop, implement and evaluate policies and procedures
associated with institutional finances, including student finance,
vendor operations, personnel issues, inventory.
Manage the administration of university compensation programs,
including payroll, , working closely with the Director of Human
Resources.
Ensure effective use of university resources, implement
fiscally sound practices
Oversees the accuracy and integrity of all financial
statements, revenue projections and other reports as required.
Serve as a resource and support for departments as it relates
to financial issues, including budget development and oversight,
special fees, operational expenditures, inventory management and
personnel costs.
Provide senior management with on-going forecasting of
operating revenues and expenditures, and the resulting operational
impact.
Coordinate, prepare, participate and provide required support
for all associated university audits.
Select, train, lead and evaluate staff; establish and monitor
employee performance objectives; prepare and present employee
performance reviews; provide or coordinate staff development.
Direct work load and task assignments of all office staff to
ensure successful and timely completion of all work.
Oversee and participate in the development and implementation
of the institutional Information System as it relates to financial
operations.
Develop and maintain policy and procedure manuals related to
unit programs and services.
Develop, implement, and monitor institutional inventory
management program, work closely with various administration
departments to ensure implementation and use
Manage and monitor department budget; including the forecasting
funds required for staffing, equipment, materials and supplies;
monitor division expenditures.
Proactively provide timely analysis and recommendations to
senior staff to improve financial and operational performance of
their departments.
Keep abreast of developments in higher education finance and
fields related to assigned functions.
Other duties as assigned.
Reporting
Positions:
Senior Accountant
Assistant Accountant
Purchasing and Inventory Coordinator
Cashier
Skills:
Must possess skills to be able to explain and demonstrate the
essential functions of the position; demonstrated knowledge and
experiences within all facets of university financial affairs.
Ability to communicate ideas and information clearly and
effectively at all levels within the University in English.
Demonstrable high ethical standards.
Ability to meet deadlines and handle multiple complex
projects.
Demonstrated ability to use sound judgement in decision-making,
problem solving, organizational and time management skills.
Must be capable of maintaining confidentiality of work-related
information and materials.
Solid understanding of the principles and application of fund
accounting used in university budgeting and accounting.
Demonstrated experiences in university budget development and
oversight.
Demonstrated ability to plan, prioritize, and problem-solve
broad strategic initiatives.
Demonstrated ability to work effectively with a diverse group
of professionals, students and parents, community members and
constituencies.
Ability to lead, inspire, supervise and evaluate team members
in an effort to meet institution and department goals and
objectives.
Demonstrated competency and experiences in the application and
implementation of information systems as related to financial
operations.
Demonstrated proficiency in the use of standard software
applications.
Ability to work occasional evening and weekends.
Experience and
Education
Bachelor's degree and certifications required.
At least 5 years experiences in an education environment.
Experience in the supervision of finance department staff.
Experience in the application and implementation of technology
related to fiscal operations.
Experience in the development, management and oversight of
institutional budgets.
American International University - Kuwait City Classification: Senior Leadership Reports to: Vice President for Administration Job Purpose: Serve as a member of the President’s staff overseeing and managing the University’s financial matters including but not limited to budget, payroll, accounting, cashier, purchasing, financial systems and fiscal policy development. The incumbent oversees the annual budget preparation, the management of income to the University from all sources, the distribution of funds throughout the University, administration of University compensation programs, and the execution of all budget related activities consistent with the policies of the University. Also works closely with the Owners and the Chair of the Board of Trustees on all aspects of financial management and planning. Duties:
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