School Accountant at Halifield Schools

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
97495
Job Views
78

Job Description



Job Description



  • Responsible for the day-to-day aspects of the Schools’ accounting and reporting functions.

  • Provides timely and accurate information for decision-making, in collaboration with the finance team and school leaders.

  • In charge of accounts receivables and ensures timely collection as well as ensures compliance with all accounting policies.

  • Ensures that preparation of weekly, monthly and termly reports, are done timely and accurately.

  • Supports the preparation of statutory reports and liaises with external auditors and other consultants.


Roles and Responsibilities



  • Ensure entry of, review and approve manual journals

  • Review bank reconciliation statements

  • Ensure all phone and email communication is responded to within the stipulated 48-hr time frame.

  • Prepare termly subaccounts for school bus shuttle, kitchen, hostel, programs and clubs.

  • Prepare management accounts and supporting schedulesevery term.

  • Perform periodic balance sheet review (summary of the assets and liabilities)

  • Preparation of termly school budget.

  • Ensure timely generation of accurate school bills for all students.

  • Admission entry of all new students

  • Ensure timely collection of receivables / issue receipts / debt drive [and posting to Quickbooks]

  • Ensure regular update of Students Records in Accounting Software as and when due.

  • Review Account Receivable processes and ensures policy compliance.

  • Review Accounts payable processes

  • Preparation of payroll and ensuring timely payment of staff salaries

  • Preparation and sending of monthly pay slips to staff

  • Preparation of periodic Gratuity and Furniture contributions for staff

  • Monitor statutory payments and advice management on prompt settlement

  • Monitor remittance of monthly statutory deductions

  • Responsible for School finance department’s budget

  • Ensure adequate customer service to both internal and external stakeholders

  • General Communication to parent customers on Accounting matters

  • Other tasks as may be assigned by the Director.


Key Performance Indicators:



  • Timeliness and accuracy in billing and collection of all school fees.

  • Timeliness and accuracy of weekly, monthly, termly and annual financial reports.

  • Accuracy of business projections relating to finance

  • Level of compliance with accounting guidelines, policies and procedures.

  • Customer satisfaction index - for all parents, students and staff.


Education and Work Experience



  • First Degree or equivalent qualification in accounting or any finance related discipline.

  • Five (5) years experience in a similar role.

  • Certified in relevant professional qualifications (ICAN, ACA, CIMA, CPA, ACCA).


Skills and Competences:



  • Excellent interpersonal and communication skills.

  • Experienced with customer relationship management.

  • Deep knowledge of core finance and accounting practices

  • Knowledgeable about State, Local, and Federal income tax laws and legislation and its implication for the School.

  • Advanced knowledge of Excel/Data Analysis

  • Advanced analytical and problem-solving skills.

  • Good sense of responsibility, accountability and dependability.

  • Deep accounting knowledge, working knowledge of GAAP, IFRS and Finance leading practices

  • Emotional intelligence, Integrity and Professionalism.

  • Proficiency in the use of MS applications and several accounting applications/ERPs such as Quick Books.


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