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3 weeks ago

Job Summary

We're looking for an Accountant to oversee financial operations for our nursery to secondary school in Abuja, Nigeria. The ideal candidate candidate will be responsible for ensuring accurate budgeting, cash flow management, and regulatory compliance. This role encompasses managing accounts payable/receivable, payroll administration, and financial reporting.

  • Minimum Qualification: Degree
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description/Requirements

Responsibilities:

Financial Management

  • Manage and oversee the school's financial operations, including budgeting, forecasting, and cash flow management.
  • Ensure compliance with accounting standards, policies, and regulations.
  • Prepare monthly, quarterly, and annual financial reports for school management and stakeholders.

Accounts Payable and Receivable

  • Process invoices, payments, and receipts accurately and timely.
  • Reconcile accounts payable and receivable ledgers.
  • Monitor outstanding balances and follow up on overdue payments.

Payroll Administration

  • Prepare and process monthly payroll for school staff.
  • Ensure accurate calculation of salaries, deductions, and benefits.
  • Maintain payroll records and resolve any payroll-related issues.

Budgeting and Forecasting

  • Assist in the preparation of annual budgets and financial forecasts.
  • Monitor budget performance and provide variance analysis.
  • Recommend budget adjustments based on financial trends and school needs.

Financial Analysis

  • Analyze financial data to identify trends, anomalies, and opportunities for cost savings.
  • Provide insights and recommendations to school management for improving financial performance.

Audit and Compliance

  • Coordinate with external auditors for annual audits and reviews.
  • Ensure compliance with tax laws, regulatory requirements, and internal policies.
  • Implement internal controls to safeguard school assets and prevent fraud.

Asset Management

  • Maintain fixed asset register and track depreciation.
  • Conduct periodic asset audits and reconcile with accounting records.
  • Assist in procurement processes and ensure proper asset documentation.

Financial Planning and Strategy

  • Collaborate with school management to develop financial strategies and plans.
  • Provide financial analysis and support for decision-making processes.
  • Identify opportunities for revenue generation and cost optimization.

Stakeholder Communication

  • Communicate financial information and updates to school management, board members, and other stakeholders.
  • Respond to financial inquiries and provide clarifications as needed.
  • Build and maintain relationships with external financial partners, such as banks and vendors.

Requirements:

  • Bachelor's degree in Accounting & Finance
  • Proven experience as an accountant or financial manager in an educational setting is preferred.
  • Proficiency in accounting software and Microsoft Office Suite.
  • Strong analytical, organizational, and communication skills.
  • Attention to detail and high level of accuracy.
  • Ability to work independently and as part of a team.
  • Knowledge of education sector regulations and funding mechanisms is a plus.
  • Professional certification (e.g., CPA, ACCA) is a plus.

Location: Abuja, Nigeria

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