Accountant

Job Description

• Register the cash collection on the computer upon receiving the bank credit advice.
• Check charges from the banks to ensure compliance with the agreements.
• Deal with Parents for the Tuition fees collections.
• Follow up and update the status of the collection of returned cheques to keep updated records.
• Ensure timely collection of the cheques deposited at banks according to the signed agreements.
• Deposit on a daily basis both cash and cheques in the bank and receive a stamped Bank.
• Receive daily bank statements, checks and compares them against the system printouts.
• Ensure timely collection of the deposited cheques.
• Check bank charges and commission on the collected cheques.
• Proof of cash received from customers and parents by issuing a delivery receipt.
• Proof of cash received from banks by issuing a delivery receipt.
• Release cash salaries to employees as required.
• Verify covenant paperwork to balance accounts and ensure that all figures match payment information.
• Verify that invoices have been paid, in terms of collection, data accuracy, tax deduction, and the signature of the person responsible for the exchange.
• Manage all Treasury transactions.
• Prepare treasury-related reports.
• Check and verify cash transactions; and also investigate and propose possible resolution for any discrepancies.
• Write regular reports based on financial data showing incoming and outgoing figures, as well as other relevant information.
• Make an inventory at least weekly to ensure the correctness of the treasury balance and the absence of a deficit.
• Reporting on the foreign currency exposure of the organization.
• Processing foreign currency payments.

Job Requirements

• Bachelor’s Degree in Commerce / Accounting.
• 2-4 years of experience in the field of accounting.
• Experience at Schools is Preferred.
• Excellent knowledge of the accounting standards.
• Financial and commercial background.