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Makerere university

Finance Department Business Plan For the 5 years from 2010 to 2014. Position of University Bursar Applicant: Joshua S Karamagi. Makerere university. Executive Summary – Strategy Map Personal Information Challenges of the Job The Department’s Vision and Mission

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Makerere university

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  1. Finance Department Business Plan For the 5 years from 2010 to 2014 Position of University Bursar Applicant: Joshua S Karamagi Makerere university

  2. Executive Summary – Strategy Map Personal Information Challenges of the Job The Department’s Vision and Mission Performance Improvement Strategies Agenda MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi

  3. 10 ICT innovations • Intra-University Flash reporting • Benchmarking • Investments • Staff performance measurement • Mgt. Accounts • Fee collection • Student debtors information • Student payments system • Banking framework • Student Unit Cost / Fee justification Innovation Processes • IFRS reporting • “Big Four” audit firm • Auditor General • PPDA Compliance • NSSF issues • NIC / Pension issues • Taxation Regulatory Processes Student service Processes • Budgetary Control • Internal Control System • MIS / Costing • Cost control & Cash management • Treasury Mgt. • SFM. Financial Mgt Processes VISION PERSPECTIVE “Our Vision is to be one of the leading University Finance Departments in the region, effectively supporting the achievement of Makerere University’s own Vision and Mission, while responsibly being one of the most critical and relevant Departments in the overall University organisation and function structures.” MISSION / STAKEHOLDER PERSPECTIVE Control & Safeguard Accountability Quality information Compliance Efficiency & Quality Reward & Equity Opportunity & Team identity External Stakeholders: MUK, GOU, Donors, and Auditors Internal Stakeholders: Students , General and Finance Staff  INTERNAL PROCESS PERSPECTIVE  Executive Summary – Strategic Map         Human Capital Reward / Equity Development Rationalisation LEARNING AND GROWTH PERSPECTIVE    Information Capital New ERP 10 innovations BCP + DRP   Organisation Capital Culture Leadership Alignment Teamwork  Critical Success Factors MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [1] SFM Strategic Financial Management

  4. Personal Information BIO DATA: WORKING EXPERIENCE: EDUCATIONAL BACKGROUND: MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [2]

  5. Challenges of the Job • Create and sustain a robust system of financial and internal controls. • Financial Risk Management. • IFRS reporting. • Precipitating efficient use of funds. • Detection and prevention of fraud. • BCP / DRP. • Positive and mutually benefit working relationship with Internal Audit • NSSF outstandings. • NIC pension issue. • Streamlining procurement (PPDA). • Grant Accountability. • Political issues (PAC, HE etc). • Student Unit Cost / Fee justification • Taxation. FINANCIAL MGT. & CONTROL OTHERS • Planning and time mgt. • Inter-department co-ordination. • Methodology selection. • Alignment with Strategy • Capex justification • System development • User training • “Resistance to Change”. • “Fear of the Unknown”. BUDGETING PROCESS ICT APPLICATION REVMOB, COLLECTION & COST CONTROL STAFF MANAGEMENT • Identifying non-traditional sources of income. • Product development. • Product marketing • Effective collection system • Entrenchment of a Cost control culture. • Budgetary control systems. OPTIMAL USE & SAFEGUARDING ASSETS • Quality and Quantity • Motivation • Retention • Training • Performance measurement systems • Reward & Equity • Reliable record of ownership, state, value of assets • Asset productivity measurement and monitoring. • Physical security and asset movement controls. MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [3]

  6. “Our Vision is to be one of the leading University Finance Departments in the region, effectively supporting the achievement of Makerere University’s own Vision and Mission, while responsibly being one of the most critical and relevant Departments in the overall University organisation and function structures.” Our Mission External stakeholders The Department’s Vision and Mission Internal stakeholders MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [4]

  7. FINANCIAL MANAGEMENT & CONTROL Performance Improvement Strategies BUDGETING PROCESS MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [5]

  8. REVMOB, COLLECTION & COST CONTROL Performance Improvement Strategies OPTIMAL USE OF & SAFEGUARDING ASSETS MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [6]

  9. STAFF MANAGEMENT ICT APPLICATIONS Performance Improvement Strategies MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [7]

  10. OTHERS Performance Improvement Strategies MUK Finance Department – Strategic Initiatives (2010 – 2014) Position of University Bursar Applicant : Joshua S Karamagi [8]

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