Description:

Job Role: Financial Accountant

Duties and Responsibilities

Accounts

• Ensure all financialrecords of the school are kept in good order in an accurate andtimely manner; including, but not limited to monthly, quarterly andannual execution and accurate measurement, recognition anddisclosure of:
• Staff payroll transactions andall employee related costs and provisions
• Bankand cash related transactions, including bankreconciliations
• Accounts Receivable and otherrevenue management – related activities

Accounts Payable

• General Ledger accounting from entry through to trialbalance and interim financial statements.
• Prepares annual budget according to student numbers,measuring achievement thereof and reporting thereon to theschool’s management, governing bodies and shareholders asmay be required from time to time
• Identification and implementation of improved internalcontrols
• Reviews whole school purchase orderswith the Principal
• Sends email to Mashreq bankfor visa refunds (credit card payments)
• Monitors Loan repayment and bank interestschedule
• Prepare and update schedule of staffEnd of Service
• Maintains Fixed Assetsregister
• Issue payment receipts viaQuickBooks
• Issue invoices or letter requestsfor students and send them to parents
• Sendemail/SMS communication to parents in relation to schoolfees
• Reviews and finalize payroll register andsend to Private Office for approval
• Arrangeall other expenses and cheques and send to Private Office forapproval
• Process WPS salaries thru ADCBportal
• Ensures all financial transactions arerecorded on QuickBooks
• Reviews and verifiescashier’s Daily Monitoring of collections with petty cashexpenses
• Ensures cash collections aredeposited or kept in the safe
• Monitors dailycash flows and provides Cash Position report to the management andschool governors
• Reviews ledger of accountsfor year-end closing
• Monitors and updatesStudents’ ledger with term fees
• Control the payment according to budget
• Prepare all the entries – prepayments andaccruals
• Prepare all monthly reportsneeded
• Manage audit queries and prepare filesfor audit requirements

Additionalduties

• Process renewal of staffmedical insurance
• Assist the administrationteam to perform duties as requested

Requirements

Requirements

• Female
• Bachelor’s Degree in Accounting orequivalent
• CA/CPA/ACCA Qualified
• Minimum of 4 years’ experience in financialaccounting
• Knowledge and experience inQuickBooks Accounting System
• ExcellentMicrosoft Office and data entry skills
• Has asolid analytical and organisational skills
• Ability to handle end to end accountingprocess
• Proactive self-starter with ability tomanage a wide variety of tasks and meet deadlines