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2 weeks ago

Job Summary

The accounting officer will be responsible for maintaining accurate financial records. The primary focus will be accounting tasks such as bookkeeping, record keeping, financial analysis, and reporting. This position requires strong analytical skills, excellent organizational abilities, and a thorough understanding of accounting principles.

  • Minimum Qualification : Degree
  • Experience Level : Entry level
  • Experience Length : 1 year

Job Description/Requirements

Responsibilities:

  • Be responsible for the collection of school fees and other revenues.
  • Maintain accurate and up-to-date financial records, including general ledger entries, accounts payable and receivable, payroll, and budget tracking.
  • Manage the school's cash flow by monitoring cash balances, preparing bank reconciliations, and initiating necessary fund transfers.
  • Oversee the school's budgeting process in collaboration with administrators and department heads, ensuring adherence to financial guidelines and constraints.
  • Prepare financial reports, statements, and projections for the school administration, board of directors, and stakeholders, ensuring timely and accurate information.
  • Conduct periodic financial analysis to highlight key indicators, trends, and areas of concern, providing recommendations for improvement or cost-saving measures.
  • Monitor and analyze financial transactions, identifying discrepancies, errors, or irregularities, and taking corrective action as needed.
  • Collaborate with external auditors during financial audits, providing necessary documentation and support to ensure compliance and accuracy.
  • Stay updated on relevant accounting standards, laws, and regulations, and implement necessary adjustments to maintain compliance.
  • Coordinate and facilitate the payroll process, ensuring accurate and timely salary disbursements while maintaining payroll records and complying with tax and labor regulations.
  • Process and review invoices, purchase orders, and expense reimbursements, ensuring proper documentation and adherence to policies and budgetary guidelines.
  • Provide financial guidance to school administrators and staff, clarifying procedures, and assisting in budget planning and decision-making processes.
  • Collaborate with the administrative team to develop and implement internal controls, policies, and procedures to safeguard assets and ensure financial accountability.
  • Assist in preparing and submitting financial reports required by government agencies, educational authorities, or funding organizations, ensuring compliance with deadlines and guidelines.
  • Maintain confidentiality and professionalism in handling sensitive financial information.
  • Adhere to ethical principles and professional standards in all financial operations.


Requirements:

  • A degree in Accounting, Finance, or a related field.
  • Minimum of 1-2 years of experience in accounting or financial management.
  • Proficiency in accounting software and Microsoft Office tools, especially Excel.
  • Strong knowledge of budgeting, payroll, and financial reporting.
  • Familiarity with relevant accounting standards and regulations.
  • Excellent attention to detail, organizational, and analytical skills.
  • Strong communication and interpersonal abilities.
  • Integrity and professionalism in handling financial data.



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