School Accountant

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Job Description - School Accountant

Job Title: School Accountant

JOB PURPOSE

We are currently seeking a qualified and experienced Accountant to join our team at an International school. In this role, you will be responsible for overseeing the financial operations of the school, ensuring accuracy and compliance in financial reporting.

RESPONSIBILITIES

  1. Manage the daily financial operations of the school, including payroll, accounts receivable, and accounts payable.
  2. Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
  3. Ensure compliance with accounting principles and local regulations.
  4. Collaborate with other departments to develop and implement effective financial processes and procedures.
  5. Conduct regular audits to identify and address any financial discrepancies or inefficiencies.
  6. Provide financial analysis and reporting to senior management and the board of directors.
  7. Prepare annual budgets and monitor spending to ensure adherence to budgetary guidelines.
  8. Advice and guidance on financial planning and the production of Year End Forecasts and the use of resources to avoid claw-back of surplus revenue balances. Advice and guidance on medium and
  9. Advice and guidance on medium and long term financial planning
  10. Assist in the preparation of Recovery Plans and solving budgetary problems Assist in setting up systems and procedures, budget preparation, monitoring and control and income management relating to education services at the school.
  11. Assist in setting up systems and procedures, budget preparation, monitoring and control and income management relating to education services at the school.
  12. Review and develop areas in school financial management policy, e.g. income from other sources
  13. Attend meetings with management board as required to give financial advice, present monitoring reports and to deal with financial issues

REQUIREMENTS

  1. Strong knowledge of accounting principles, practices, and regulations in a similar role
  2. Proficiency in using accounting software and Microsoft Excel.
  3. Excellent analytical and problem-solving skills.
  4. Detail-oriented with a high level of accuracy.
  5. Strong communication and interpersonal skills.
  6. Confident in using Information Management Systems and able to learn new systems and processes quickly.
  7. Excellent time management, prioritization and organizational skills.
  8. Ability to understand, interpret and communicate financial data at all levels of an organization.
  9. Sound knowledge of accounting standards.
  10. Excellent attention to detail.
  11. Maintain strict confidentiality where appropriate.
  12. Strong interpersonal skills with a clear focus on customer service.

QUALIFICATIONS AND EXPERIENCE

Bachelor's degree in accounting or a related field. Professional certification (e.g., ICAN, CIMA, ACCA or ACA, CPA) is strongly preferred. Proven 5-10years experience as an Accountant, preferably in an educational institution. Proven experience in financial reporting and in the preparation of management accounts, forecasts and statutory accounts.

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