JOB DETAILS:

Responsibilities:

• Develop and manage the institution's budgets, forecasting revenue and expenses, allocating funds, and strict monitoring of budget performance to ensure financial sustainability and compliance with financial goals.
• Oversee the billing and collection of tuition fees, student fees, and other charges, coordinating billing processes, issuing fees reminders, and managing payment processing to ensure accurate and timely payments.
• Maintain accurate student account records, financial transactions, and receivables, reconciling accounts, resolving discrepancies, and generating financial reports for analysis and decision-making.
• Provide financial counselling and assistance to families regarding tuition costs, payment plans, and debt management, fostering financial literacy and responsible financial practices.
• Coordinate with academic departments, the Principal, and other administrative units to ensure accuracy and consistency of student enrollment and billing information.
• Implement and enforce financial policies, procedures, and internal controls to safeguard institutional assets, prevent fraud, and ensure compliance with accounting standards and regulatory requirements.
• Prepare financial reports, statements, and analyses for internal stakeholders, senior management, and external auditors, presenting financial data, trends, and insights to support decision-making and planning.
• Stay updated on URA regulations, laws, and policies related to education finance, tax compliance, and reporting requirements.
• Manage relationships with external vendors and service providers, negotiating contracts, fees, and service level agreements to optimise service quality and ensure accounts payable receive timely payments.
• Participate in strategic planning, policy development, and institutional initiatives related to financial management, contributing expertise and insights to achieve organisational goals and objectives.
• Demonstrate professionalism, integrity, and ethical conduct in all financial activities, maintaining confidentiality, and protecting sensitive financial information.

Requirements and Qualifications:

• Bachelor's degree in accounting, finance, business administration, or a related field; CPA certification is preferred.
• Proven experience in financial management, accounting, or related roles, preferably in a school or non-profit organisation.
• Knowledge of accounting principles, financial analysis, budgeting, and financial reporting, with experience in preparing budgets, financial statements, and reports.
• Familiarity with URA regulations, compliance requirements, and NSSF filing and the school pay platform
• Proficiency in financial management software, QuickBooks, Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Strong analytical and problem-solving skills, with the ability to analyse financial data, identify trends, and make data-driven decisions to support financial planning and management.
• Excellent communication and interpersonal skills, with the ability to communicate financial information effectively to diverse stakeholders, including parents and administrators.
• Attention to detail and accuracy in managing financial records, transactions, and reports, ensuring compliance with accounting standards and regulatory requirements.
• Commitment to customer service excellence, with a focus on providing responsive, courteous, and helpful service to students, families, faculty, and staff.

Required Skills:

• Financial management
• Budgeting and forecasting
• Accounting principles
• Financial reporting
• Customer service
• Analytical skills
• Communication skills
• Leadership abilities
• Attention to detail
• Teamwork