Finance Officer - Abu Dhabi, United Arab Emirates - Aldar Education

Description

Description

Aldar Education are currently seeking a Finance Officer for Yasmina American School  in Abu Dhabi.

Yasmina American School is Located in the heart of Khalifa City A, and is committed to providing every child with an exceptional education that's both high-quality and affordable. With a comprehensive American curriculum from Pre-KG to Grade 5, we focus on unlocking each child's potential in a supportive and engaging environment.

Our passionate teachers and state-of-the-art facilities create the ideal setting for academic excellence and personal development. At Yasmina American School, we make outstanding education accessible, equipping your child to thrive in and beyond the classroom.

This is an exciting opportunity to join the highly successful Aldar family of schools and to help shape the future of Abu Dhabi's leading school group.

Responsibilities

Main Duties:

• Billing, collection, liasing with customers to collect the receivables
• Ensure timely collection and reduction/avoid bad debt
• Respond to parents' requirements and inquiries relating to fees payment.
• Manage the collection process including reminders and warning
• Follow up late payments and returned cheques.
• Provide student list with fee outstdaning with School and HQ Credit Control team for decision making and expedite the collection

Specific Duties:

Strategic Responsibilities

• Timely and accurate billing, collection and reduction of bad debt.

Functional Responsibilities

• Responsible for delivering a high quality customer service for the school
• Timely billing for all types of receivables (but not limited to) such as tuition fees, exam fees, ECA, trips, etc.
• Issue receipts on a daily basis with accurate information such as bank reference number, date, etc and ensure the reason is updated against all unidentified transactions and shared with respective school accountants for preparing bank reconciliation statement
• Ensure reminder and warning letters have been sent with guidance of HQ Credit Control team
• Preform sales validation and ensure the student number are accurately reconciled with admission team
• Improve collection and reduce bad debt below 0.25%
• Timely closing of AR module in line with closing calendar
• Accurate and Timely reporting for AR reports for decision making
• Reconcile Accounts Receivables between Education and ERP systems, identify the gaps and resolve them in co-ordination with IT team
• Ensure the enrolment processes are followed in compliance with policies and procedures
• Validate refund requests from school and initiate payments through AR module and handover the documents to School Accountant for payment
• Provide finance clearance for leavers and internal transfers after due diligence checks and validation
• Ensure month end activities are performed in a timely manner
• Support HQ Credit Control team team for adhoc matters as and when required
• Support internal and external audit queries, provide supporting documents and resolve all audit queries within the timeline
• Initiate process improvement wherever possible to achieve finance excellence
• Support digitalization of billing and collection projects where required
• Improve customer experience by responding to emails and calls in a professional manner
• Attend weekly AR review meetings with the team and provide insights for decision making
• Prepare suspension list with appropriate comments and share with school Principal
• Ensure to send finance fee follow up letters timely manner in compliance with ADEK regulation

Qualifications

Minimum Qualifications:

• Bachelors Degree

Minimum Experience:

• 2-3 years experience in similar role

Job Specific Knowledge & Skill:

Fluent English communication skills, written and oral. Arabic is an added advantage.

• Attention to detail with diligent follow up, and able to execute in a timely manner.

• Skilled in multi-tasking and handling pressure

• Ability to be detail focused when required whilst maintaining sight of the big picture

• Deadline oriented and take ownership of work

• Forethought and forward planning

• Capable of influencing people and talented in networking with cultural sensitivity.

• Excellent interpersonal skills.

• Excellent analytical capabilities and hands on experience in MS Office presentations and other reporting tools

What We Offer

Aldar Education are a family of world-class, child-centred, and innovative schools based in the UAE.  We educate over 38,000 students across our group of owned and managed schools and as we grow so does our need for highly skilled, inspirational, and dedicated school leaders. We offer an attractive remuneration package. Our future-focused learning model includes both students and staff and so we place a special emphasis on professional development, coaching and training.

Successful candidates will have access to a wide network of professionals and opportunities to both lead and contribute to training others as well as developing themselves.

Aldar Education is keen to hear from like-minded, forward thinking school leaders who would welcome the challenges and opportunities that we have to offer.

This job description is not all-inclusive. Aldar Education reserves the right to amend this job description at any time.  We are an equal opportunity employer, committed to a diverse and inclusive work environment. We are dedicated to our national development strategy and encourage UAE Nationals in their application at our company.

Aldar Education is committed to safeguarding and promoting the welfare of children and young people and expects all staff to share this commitment. Offers of appointment are subject to satisfactory references and police clearance.