Chief Financial Officer (CFO)

  • Senior-level, Full-time staff position
  • Posted on 10 February 2020

Job Description

The Chief Financial Officer (CFO) advises the President, Vice President of Operations and Administration and AUAF Administration on all matters pertaining to the management and operation of accounting, strategic financial planning and budgeting, any audit and tax interactions, financial policies, procedures, applicable regulatory compliance, internal controls, student financial aid, and financial information systems.

The CFO has overall responsibility for the accounting of the AUAF. S/he helps to promote a customer-oriented service attitude and serves as the executive officer directly responsible for providing leadership and general management of financial function.

The position is responsible for continuously monitoring, evaluating and communicating the financial status of the AUAF so that the information may be acted upon promptly and effectively. The position is also responsible for related security of assets including cash and similar financial instruments, receivables, facilities, equipment, bank relationships, contracts, agreements, intellectual property, etc.

Duties and Responsibilities

  • Advises the President, senior University administration officers, and members of the Board of Trustees on issues relating to the financial status of the University by serving as a member of the President’s Council, by reporting financial information at Board of Trustees meetings, and by preparing reports, recommendations, findings, and other correspondence as required.
  • Facilitates an effective working relationship with donor officials by ensuring University compliance with applicable fiscal policies and accounting procedures, maintaining open channels of communication with appropriate government officials, facilitating an exchange of information on these subjects, and implementing all relevant applicable policies regarding fiscal operations.
  • Ensures compliance with professional accounting standards, rules, regulations, and laws by directing, supervising, and facilitating the preparation and maintenance of required and appropriate financial records, monthly and annual financial reports, and all other financial reporting as may be required by AUAF donors, government agencies, or established accounting standards.
  • Facilitates the governance of the University by providing financial information to the Board of Trustees and implementing the Board’s decisions under the direction of the President through the establishment of policies, procedures, and guidelines.
  • Prevents institutional liability in financial operations by facilitating the access of the independent auditors to requested records during the conduct of the University’s annual audit. Manages the annual audit solicitation process, provides documentation as required, and ensures that the audit is completed with the full support by the financial organization.
  • Ensures compliance with the institutional mission of the University by working with unit heads to develop and review unit plans, goals, and objectives, assuring development of effective business processes incorporating automation with appropriate technologies, designing systems of effective controls to guide work toward expected outcomes, and evaluating progress towards their accomplishment.
  • Ensures that the financial operations of the university have the resources necessary to provide financial information to support the academic program, such as preparation of financial reports and the development of funding and cost recovery models that support innovation and growth. Supports the University in the annual budget development with applicable cost center budgeting.
  • Enables finance employees to perform their assigned tasks by overseeing the preparation and implementation of the annual budget for financial services and oversees training that may be required.
  • Facilitates a work environment that encourages knowledge of, respect for, and development of skills to engage with those of other cultures or backgrounds.
  • Remains competent and current by reading professional journals and literature, developing professional contacts with colleagues, attending professional development courses, and attending training and/or courses as appropriate.
  • Works collaboratively with the advancement staff in fund raising and investment reporting.
  • Ensures that miscellaneous assignments related to finance are completed in the best interests of the University by accepting and accomplishing all other tasks assigned by the President and Vice President of Operations.
  • Exercises delegated signatory authority to contractually bind the University in legal agreements. Administers such University contracts in a manner that ensures contractual obligations and intents are fulfilled.
  • Provides liaison to various offices of USAID and other offices, including relevant ministries, related to financial matters, contracts, and cooperative agreement.
  • Maintains knowledge and assures compliance with University policies and procedures including, but not limited to: compliance, accreditation, and other regulatory requirements.
  • Perform other job related tasks as assigned by the supervisor.

Qualifications and Experience

  • Certified Public Accountant or Chartered Accountant
  • Knowledge of current International Financial Reporting Standards
  • At least twelve (12) to fifteen (15) years of comparable financial management experience with a minimum of five (5) years’ experience of leading the finance unit, in an institution of higher education or similar organization. Experience working in developing countries in turnaround situations preferred.
  • Expertise in USAID Cooperative Agreements, compliance and reporting
  • Knowledge of financial management, administration, reimbursement, and financial reporting are required.
  • Experience of restructuring finance departments including IT software
  • Knowledge of Afghanistan legislative acts that relate to accounting, taxation and overall fiscal operations and management High level user of standard business computer systems and accounting. Experience with Microsoft Dynamics GP, preferred.

Skills

  • High degree of initiative, judgment, discretion, and decision making and being able to analyze situations accurately and taking effective action as needed.
  • Able to establish and maintain effective working relationships with a wide range of managers, regulators, payers, contractors, auditors, tax consultants, vendors, customers, students, etc.
  • Financial management skills, including the ability to analyze data for budgeting, operations, auditing, account receivable and reserve analysis.
  • Staff Management and Leadership skills
  • Skill in identifying and resolving accounting and financial issues/problems.
  • Skill in evaluating operations as they relate to operational and financial performance.
  • Ability to prepare professional level reports and present effectively in writing and orally.
  • Ability to negotiate effectively.
  • Ability to be a high-level contributor to teams, committees, and task forces and demonstrate a collegial and respectable affect in all work and relationship.
  • Maintains strict confidentiality.
  • Ability to work independently with little supervision
  • Ability and willingness to delegate effectively and to hold direct reports accountable.
  • Strong skills in communications and interpersonal relations.
  • Ability to multi-task.

To Apply

This position is open to candidates authorized to work in Afghanistan.

To apply, please send as a single PDF or Word (doc.) format: a cover letter and curriculum vitae (CV), to jobs@auaf.edu.af no later than March 2, 2020. Please, include Vacancy# AF-INT-05-2020 and Job Title Chief Financial Officer” in the subject line of the email, otherwise the application will not be considered. Applications in languages other than English will not be reviewed. Please be advised that only shortlisted candidates will be contacted. A written test or example of work may be used as a form of screening.

If hired, the successful applicant is expected to provide official proof of academic degrees (transcripts sent from the degree granting school directly to AUAF).

AUAF does not charge recruitment fees to applicants.

AUAF is an equal opportunity employer that values diversity at all levels. AUAF follows a strict non-discriminatory policy in its selection and employment practices. All applicants will receive equal consideration and applicants from all ethnic, religious and economic backgrounds are encouraged to apply.

About the Organization

Founded in 2006, the American University of Afghanistan (AUAF) is a private, non-profit, nationally-accredited university offering an American-style liberal arts education. We are a dynamic university with a student population of over 1,000 students.

The AUAF’s Finance department is seeking qualified candidate for full time position as Chief Financial Officer based in Kabul.

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