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13 hours ago
The Principal Assistant Bursar is responsible for supporting the Bursar in the effective management, coordination, and oversight of the University’s financial operations. The position provides leadership and technical guidance in financial management, accounting, budgeting, financial reporting, internal controls, and compliance with applicable financial policies, regulations, and accounting standards.
Job Summary
- Type: full-time
- Location: Harare
- Category: Finance
- Closing Date: 2026-09-17
Key Responsibilities
- Financial Consolidation: Ensuring that an accurate monthly trial balance is produced Produce IPSAS Compliant Consolidated Financial Statements from multiple subsidiaries and ensure intercompany transactions are reconciliations are done.
- Reporting: Prepare monthly management accounts, quarterly forecasts, and annual statutory financial reports.
- Compliance & Standards: Ensure all entities follow relevant accounting frameworks like IFRS or IPSAS. Also comply with the relevant regulatory frameworks and statutory requirements.
- Audits: Lead internal and external audit processes, answer auditor inquiries, and resolve discrepancies.
- Budgeting: Help design yearly group budgets and monitor financial performance against targets.
- Internal Controls: Maintain consistent financial policies and risk controls across all business units
- Authorizing payments in the group companies
- Any other duties as assigned from time to time
Requirements
- Applicants must have a first degree in Accounting;
- A Master’s degree in Accounting, MBA or MBL;
- A professional qualification such as ACCA/CIMA/CGI/CPA or significant progress towards attainment of one.
- Applicants must have at least five (5) years hands on experience in an accounting environment;
- Knowledge of computerized accounting packages such as Pastel would be a distinct advantage;
- A thorough understanding of the Shared services Model in group operations
How to Apply
To apply, please visit: jobs.buse.ac.zw
Frequently Asked Questions
What qualifications or certifications are typically required for a Principal Assistant Bursar role in Zimbabwe?
Typically a Bachelor's degree in Accounting, Finance, or Business Administration is required; many employers also prefer a postgraduate qualification such as a Diploma in Public Finance or a Chartered Accountant (CA(Z)) designation. Relevant certifications like ACCA, CIMA, or ICAZ are advantageous. Experience in bursary or treasury functions within educational institutions or government is often expected.
What are the common day-to-day responsibilities of a Principal Assistant Bursar in Zimbabwe?
The Principal Assistant Bursar oversees the preparation and monitoring of the institution's budget, ensures timely collection of fees and other revenues, and manages expenditure controls. They supervise junior finance staff, reconcile bank statements, and prepare monthly financial reports for management and auditors. Additionally, they liaise with government treasury offices and external auditors to ensure compliance with public finance regulations.
How does the local work culture in Zimbabwe influence expectations for a Principal Assistant Bursar?
In Zimbabwean public and private educational institutions, punctuality, adherence to procedural manuals, and a respectful hierarchy are valued. Teamwork is emphasized, but individuals are expected to take initiative in identifying cost-saving opportunities and improving financial processes. Demonstrating integrity and transparency is crucial given the scrutiny over public funds.
What career progression or growth paths are available for someone in this role in Zimbabwe?
Starting as a Principal Assistant Bursar can lead to senior roles such as Bursar, Finance Manager, or Director of Finance within the same institution or across the education sector. With additional qualifications and experience, professionals may move into treasury or audit positions in government ministries or parastatals. Continuous professional development through ICAZ or ACCA exams is commonly pursued to facilitate advancement.
What typical benefits do employers in Zimbabwe offer for a Principal Assistant Bursar position?
Employers in Zimbabwe usually offer a combination of leave entitlements (annual leave, sick leave, and maternity/paternity leave), medical aid contributions, and pension or provident fund schemes. Some institutions also provide housing allowances, transport subsidies, and opportunities for further study sponsorship. Benefits vary by employer but generally aim to support employee welfare and retention.
How should a job seeker apply for a Principal Assistant Bursar role in Zimbabwe, and what do employers look for?
Applications are typically submitted via online job portals, institutional websites, or through the Public Service Commission for government roles, accompanied by a detailed CV, certified copies of qualifications, and professional references. Employers seek candidates with strong analytical skills, experience in financial software (e.g., Pastel, Sage, or IFMS), and a proven track record of managing budgets in educational or public sector settings. Demonstrating knowledge of Zimbabwe's Public Finance Management Act and relevant treasury regulations is often a deciding factor.