Senior Accountant

Overview

Responsibilities
Strategic Responsibilities:

• Prepare the annual school budget in coordination with relevant departments.
• Ensure accurate and timely payments to suppliers, maintaining clean vendor accounts with proper reconciliation before payments.
• Ensure Accounts Receivable GL accounts are accurate and collections are made within the due date.
• Submit daily, weekly, monthly, and periodic financial reports to HQ finance, ensuring accuracy and timeliness.
• Review monthly MIS reports with the Principal and ensure alignment with financial goals.
• Achieve KPIs set to drive finance excellence.

Functional Responsibilities:

• Prepare and submit the school’s annual budget and periodic forecasts to HQ finance in a timely manner.
• Ensure all invoicing (tuition fees, exam fees, trips, and other charges) is completed accurately and on time. Regularly follow up with parents for payment collection.
• Issue receipts daily to ensure accurate bank reconciliation, and provide bank statements with receipt numbers to HQ finance for cash clearing.
• Handle supplier payments accurately and promptly, ensuring proper vendor reconciliation.
• Manage petty cash in accordance with company policies and the Delegation of Authority (DOA).
• Ensure revenue recognition and accuracy of Accounts Receivable GL accounts before month-end closure. Coordinate with IT to resolve any interface transaction errors.
• Support HQ finance staff in the accurate and timely completion of monthly closing activities.
• Ensure all reporting requirements (daily, weekly, monthly, and ad hoc) are met within specified timelines.

Key Accountabilities:

• Ensure that the school team adheres to policies and procedures, providing support wherever needed.
• Assist the school Principal as required to ensure smooth financial operations.
• Supervise and monitor the performance of the Junior Accountant for assigned tasks (if applicable).

Qualifications & Experience:

• Proven experience in a senior accounting role, ideally within an educational or service-oriented industry.
• Strong knowledge of accounting principles and practices, with expertise in Accounts Receivable, Accounts Payable, and reconciliation.
• Ability to manage and coordinate financial reporting and budget preparation.
• Proficiency in accounting software and systems, with a keen eye for detail.
• Excellent communication and interpersonal skills, with the ability to work collaboratively across departments.
• A commitment to ensuring compliance with all financial policies and procedures.

Qualifications:
Minimum Qualifications:

• Degree in Accounting
• Accounting certifications are a plus (CPA, CA, CMA, CFA, etc)

Minimum Experience:

• 8+ years of experience in a finance function, or a professional qualification with 5+ years of experience in a similar role.

Job-Specific Knowledge & Skills:

• Strong knowledge of advanced accounting principles.
• Excellent communication, presentation, and administrative skills.
• Proficiency in accounting software (Oracle, SAP, etc).