School Assistant Bursar at
1 month ago
Job Summary:
This position is responsible for fees collection & all the accounting and finance aspects as assigned by the Schools management.
Duties and Responsibilities:
Daily receipting and reconciliations of fees through the school's paybill and the bank.
Confirmation of requisitions for the school funding from activities, food, etc., ensuring all records are up to date.
Provide reports on bank balances, weekly returns on receivables, student population against fees for decision making.
Prepare and submit weekly reports tracking collections, remarks on outstanding balances, reconcile collections from ERP system to actual collection.
Respond to and verify any queries arising from the receivables account.Preparation of monthly creditors summary for the school to facilitate payments.
Maintain up-to-date records on revenue-generating activities, ensuring they meet expected margins.
Prepare and submit timely reconciliation reports of funds disbursed for activities and trips with supporting invoices.
Timely response to queries and concerns raised by parents on various billings – transport, school activities, etc.
Preparation of the budget in collaboration with the Head of School and submission to the CFO for approval.
Monitor school budget to prevent overruns on set budget limits.
Reconciliation of receipted amounts against bank balances in the system (Mzizi).
Perform any other responsibilities assigned by the supervisor.
Requirements
Qualifications:
Bachelor's degree in Accounting/Finance from a recognized institution.
CPA II qualification.
At least 1-3 years' experience in accounting; experience in a school setting or any other public/private institution is an advantage.
Proficiency in Sage or any other major ERPs.Computer literacy and knowledge of accounting procedures and best practices.
Desired Competencies and Attributes:
High level of integrity.
Good time management skills with the ability to prioritize work.
Strong financial management skills.
Excellent analytical skills and experience in creating reports and presentations.
Familiarity with budget preparation and cash flow management.
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