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CFO Forman Christian College
CFO Forman Christian College
Forman Christian College (A Chartered University) has a vacancy for Chief Financial O cer (CFO). Chief Financial O cer will report to the Rector.
This post has a key role in strategic policy development for the University and ensuring that accounting and nancial services are provided in an
effective and e cient manner to support the operational running and strategic aims of the University.
Supervising responsibility:
2. Financial Aid
Primary Responsibilities:
Participation as member of the Executive Committee in setting institutional goals, formulating institutional policy, forward planning and
strategy development.
Ensure that there are appropriate departmental strategy in place to support the University strategy and oversee the implementation of the
department strategy.
Coordination with external auditors for completion of audit and implementation of recommendations by them.
Prime responsibility for devising the organizational operational budget and ensuring accountability for budget, nancial management, policy
including reporting on all grants received from outside sources. Monitoring of unrestricted and restricted funds. This includes managing to
foreign nancial accounting standards and working with funders both within and outside of Pakistan. It also includes preparing reports for
the Board of Governors’ meetings on the nancial health of the institution and making presentations as required on those reports.
Providing assistance to the Rector as needed, in representing the university to key constituencies, most especially those with nancial
relationships with FC College the highest possible return within the parameters of those policies.
Managing and investing the University’s nancial resources in accordance with the approved investment policies and to safeguard all funds
received by the University.
Authorization of all expenditures and disbursement of funds on behalf of the University.
Involvement in all dealings with the Bank for maintaining difference credit lines as well smooth running of day to day operations.
Key responsibility for nancial planning and forecasting for ensuring nancial sustainability of the University.
Negotiating and safeguarding the nancial interest of the University in all contracts entered into.
Liaison with the Internal Audit Department in order to identify and mitigate control weaknesses and ensure well developed control
environment.
Supervision of accounts of the Provident Fund the Gratuity Fund,and investment of the same in different instruments for getting best return
to secure delity bonds for all personnel handling cash or negotiable instruments.
Supervision of the university’s Accounts O ce and Financial Aid as well as ancillary enterprises associated with FCCU.
Provide leadership and set objectives for the accounting and nancial services as whole
Oversee the setting of objectives and evaluation of performance for each of the direct reportees.
Establish external benchmarks and appropriate KPIs as the basis for demonstrating the quality of accounting and nancial services
Develop ways of attracting good people to work within the accounting and nancial services and to develop and retain talent within them.
Ensure that appropriate performance management and succession planning is in place
Execution of any other tasks as may be assigned by the Rector
Position requirements:
Other Requirements:
Please submit a cover letter, CV, three letters of reference, copies of degrees, experience certi cates. Applications must be emailed to
recruitments@fccollege.edu.pk (mailto:recruitments@fccollege.edu.pk) latest by Sunday, February 9, 2020.
It is necessary to clearly mention the job title in the subject line of email.
WEBSITE
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Email: contact@fccollege.edu.pk
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