The Bursar
The Seminary Bursar is PASTOR M. A. ASEGIEMHE
Dip. RS, HND, PGDE, M.Ed, ACCA
He is the Chief financial officer of the Seminary and he reports directly to the Provost. Among his duties are:
- Ensure that the financial system runs properly in order to process financial information and generate accurate reports.
- Ensure that internal controls are enhanced and maintained at an acceptable level.
- Ensure that financial policies, procedures and stakeholders compliance requirements are adhered to expected standards.
- Ensure that internal and external financial reports are prepared and disseminated within deadlines.
- Ensure there is enough cash on hand and vendors are paid promptly.
- Responsible for all aspects of cash management including; School fees payment, monitoring receivables, billing staff and collection of debt and managing pre-payments.
- Lead, direct, mentor/coach, appraise and supervise the other Bursary staff.
- Ensure that payment package is complete and accurate before processing.
- Ensure that charge codes are in agreement the organization's chart of accounts.
- Ensure that vendors/suppliers, staff and sub-recipients' cheques are prepared and paid on time.
- Ensure that data is posted on a daily basis, and that the financial information is processed accurately and reliable reports are generated timely.
- Ensure that internal financial reports are generated accurately and disseminated timely.
- Perform systems analysis to identify any irregularities (such as wrong posting) and take immediate corrective actions.
- Prepares Seminary Budget and see to Budget implementation and performance evaluation.
