JOB PURPOSE

Overseeing all accounting functions such as ledger accounts, financial statements, and cost control systems and focusing on regulatory compliance and practices and collaborating with the Regional Financial Controller for implementing financial strategies.

KEY RESPONSIBILITIES

• Planning, implementing, and monitoring all SABIS® Network school’s relevant accounting activities and transactions as well as processing them within the allotted time-frame.
• Maintaining accuracy of assets, liabilities, revenues, expenditures and equity in both general and subsidiary ledgers.
• Conducting verification and reconciliation tasks for banks, associated parties s, group entities, and all suppliers as well as researching and resolving discrepancies.
• Validating transaction documents and auditing all accounts receivable, accounts payable, purchase orders, receipts, payments, and other accounting records and transactions, as well as ensuring money is posted to correct accounts and that all accounts balance.
• Handling all accounting and finance related correspondence with banks and suppliers including money transfer instructions, payment transfers and others.
• Preparing the monthly payroll and ensuring payment on due date before end of month.
• Entering payroll data into the accounting software in order to have an updated and accurate database for immediate access to financial data when needed.
• Ensuring timely month-end closing of accounts and issuance of reliable and accurate financial statements.
• Monitoring collections, payments, and cash-flow movements, with regular reporting to management.

• Managing and tracking inventory records for the school in order to maintain inventory accuracy through regular physical counts and accurate recordkeeping.
• Preparing cheque payments to suppliers on time to ensure all due payments have been paid in a timely manner.
• Preparing and reviewing essential financial documentation regarding declarations and payments (Social Security, VAT, and Income Tax) to comply with the governing financial rules and regulations of the country.
• Compiling accounting and financial reports requested by management.
• Providing assistance in the development of the annual budget.
• Preparing the actual vs budget report on monthly basis as a tool of control to ensure the accurate allocation of budgets and availability of funds.
• Participating in the year-end audit by compiling and preparing supporting schedules, work papers, and financial reports as requested by auditors.
• Coordinating with management to ensure the implementation and maintenance of effective internal control systems to safeguard school assets and prevent fraud.
• Ensuring the implementation of the treasury policies and procedures in handling all cash and bank transactions.
• Updating all accounting and payroll transactions on the network ERP System.
• Performing such other related tasks or projects as they arise and as delegated by the school management.

KNOWLEDGE, SKILLS & COMPETENCIES

• Bachelor in Accounting and/or Finance

• CPA is preferable

• Fluency in Local language and English is a must

• A minimum of 3 years of experience

• Accounting, budgeting, cash flow and financial reporting