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School Finance Manager at Imagine Early Years and Elementary

Posted on Tue 18th May, 2021 - hotnigerianjobs.com --- (0 comments)


At Imagine Early Years and Elementary, we believe that our role as the more knowledgeable individual is to help guide our children to a place of understanding of things around them, helping to develop and connect neural pathways, never telling – always asking (why, who, what, how..?) to encourage critical thinking and problem-solving skills.

We are recruiting to fill the position below:

Job Title: School Finance Manager

Location: Maitama, Abuja (FCT)
Employment Type: Full Time

Job Description

  • The School Finance Manager plays an important role within the school's Business Office by assisting and supporting the School Administrator and Director as the case may be.
  • He/She is required to demonstrate a high level of competency in financial matters and accountability to prepare regular, accurate, and timely financial reports.
  • In addition to this, the School Finance Manager will provide leadership to the finance staff and will report directly to the School Director.

Key Responsibilities
Financial Management and Development:

  • Perform the day-to-day activities associated with financial reporting and general ledger maintenance and control.

Debtor and Fee Management:

  • Prepare and administer debtor payments/funds received for banking
  • Liaise with the College Finance Officer to allocate late payment fees to debtor accounts
  • Maintain all accounts receivable records and backup material, ensuring the type of record retained and period of storage meets regulatory and legal requirements

Financial Reporting and Development:

  • Prepare the Annual Financial Statements (AFS), including all end-of-year financial accounts and reports.
  • Liaise with and assist external auditors in conducting the annual interim and final audit of the School.
  • Ensure internal controls are adhered to and maintained.
  • Report any breach of internal controls to the School Director.
  • Complete all regulatory, educational and general compliance requirements as they fall due.
  • Prepare financial statements for presentation to the School Management as required
  • Prepare and compile the Annual Budget for review and approval by the agreed timeline.
  • Liaise with Heads of Department to ensure all necessary financial data is made available for the construction of an accurate Annual Budget
  • Identify weaknesses and risks inherent within the budgetary processes
  • Issue monthly Financial Statements and relevant reports to budget holders as required.
  • Monitor Budget expenditure and follow up budget exceptions with Departmental Heads as required.
  • Advise the School Director of inherent risks, errors, and omissions in any returns

General Ledger Maintenance and Control:

  • Prepare and maintain accurate monthly general ledger reconciliations
  • Prepare and maintain bank reconciliations as required, ensuring approval by the School Director on a monthly basis
  • Prepare month-end accounting entries
  • Prepare and enter into the general ledger all fortnightly payroll journal entries in accordance with AFS and salary packaging deductions.
  • Ensure ongoing maintenance and reconciliation of the School Asset Register, including regular audit of School Assets and their condition.

Administration:

  • Contribute to the administrative functions of the School, specifically as they relate to financial matters involving payments and entitlements

Specific Duties:

  • On a timely basis, prepare, communicate and distribute school fee statements to all families each term.
  • Complete all regulatory, educational, and general compliance requirements and returns as they fall due.
  • Develop a thorough understanding of the School Administration software package and maintain its operation in conjunction with IT support
  • Review and approve College purchase orders as required and if appropriate, identify improvements in the school ordering process
  • Ensure that all administrative duties, checks, documentation, reports, and returns (internal and external) are completed accurately and submitted within required deadlines.
  • Other duties as directed by the School Director.

Requirements

  • Candidates should possess a Bachelor's / Master's Degree
  • Must have 4-18 years work experience

Application Closing Date
30th June, 2021.

How to Apply
Interested and qualified candidates should send their Cover Letter and CV to: [email protected] using the Job Title as the subject of the e-mail.


  

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