Director Finance LUMS Job in Lahore
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Overview

Director Finance LUMS Job in Lahore

Position Purpose: Director Finance is responsible for planning and controlling financial resources and budgeting. She/he is also responsible for maintaining books of accounts according to requirements of LUMS and USAID and responsible for reporting to USAID as per requirement of Cooperative Agreement.

Main Responsibilities

  • Supervise the preparation of budget and submit the annual budget
  • Manage and control departmental expenditure within agreed budgets
  • Ensure compliance with financial policies and procedures and adhere to the terms and provisions of the agreement with the donor.
  • Implement and monitor payment authority practices
  • Establish and maintain internal controls and recommend corrective actions as and when necessary
  • Provide monthly management and expenditures reports including standard accounting submissions as well as other financial information in a timely and accurate manner
  • Prepare rolling estimates, variance analyses and other required reports
  • Preparation of financial reports as per USAID requirements eg: -quarterly financial report, liquidation report, status of funds report annual foreign tax report, quarterly accrual report.
  • Liaison with banks
  • Liaise with Agreement Officer and Financial Analyst for smooth execution of project activities
  • Supervise and guide to staff  for the maintenance of asset register
  • Prepare the financial data for quarterly and annual progress reports
  • Prepare the request for the further obligation of funds
  • Responsible for the preparation of monthly and yearly Fund Accountability Statement
  • Act as focal person for the external audit
  • Perform any other duties as assigned

Education, Qualification & Skills Required:

  • ACCA/ACMA/ACA
  • Minimum 10 years of finance related experience knowledge of donor funded projects will be an added advantage
  • Ability to meet deadlines
  • Willing to work late hours (if required)
  • Willing to travel (if required)
  • Good computer and database management skills.
  • Command over MS office.
  • Good communications skills
  • Thorough knowledge of generally accepted accounting and financial principles
  • Data management and report generation

Tagged as: LUMS

About LUMS

The Lahore University of Management Sciences, or LUMS, is a residential research university located in Lahore, Pakistan. LUMS was established in 1984 by a group of industrialists and professionals belonging to some of Pakistan's private and public sector corporations. According to the Higher Education Commission of Pakistan, LUMS is the top ranked Pakistani university among institutions that offer degrees in Business Management and Information Technology in South Asia.