Finance Coordinator Full Time NEW

Main Duties:

• Support accountant in generating parent bills for tuition fee during the termly billing cycle and recording of revenue according to IFRS.
  
  
  
• Receive and process payments to ensure properly recorded and applied to outstanding invoices, and where necessary directly interact with families promptly to reconcile discrepancies.
• Correspond with late paying parents to ensure timely receipt of payments.
• Liaise with secure cash/Cheque collection provider for the safe deposits into the bank if required per company policy.
• Process refunds, returned cheques and bad debts as instructed by Director of Finance.
• Raise accounting issues to management and investigate/propose entries or other solutions.
• Handle petty cash for the school and ensure respective policies are implemented.
• Support Finance department in general administrative duties required in order for finance department team to meet the demands of wider school.
• Custodian of security safe keys and to ensure all collections are properly accounted and secured in safe at all times.

Specific Duties:

Reporting

• Assist with month-end financial statement closings by providing a verified listing of the month end billings as well as a statement of the reconciled outstanding student and other balances.
• Produce weekly debtors report and circulate.
• Month end reconciliation of petty cash as well as other month end duties as required.

Regulatory

• Support in submission of VAT returns and other regulatory filings as necessary.
• Supply audit information as required during annual external/internal audit process.

Operational

• Act as main point of contact for trips, instrumentals and other fee generating activities for the school.
• Custodian of petty cash and ensure all requests are accompanied with proper receipts and invoices.

Minimum Qualification

• Degree in accounting or similar formal qualification

Minimum Experience

• 1-3 years in similar role
• Strong excel and other Microsoft suites
• Demonstrate a proficient level of professional skill and knowledge in accounting

Job Specific Knowledge & Skills

• This role is designated for UAE Nationals
• Excellent interpersonal relationships and communication skills
• Role is customer facing so there is a requirement for effective communication and excellent customer service skills
• Demonstrate attention to detail and excellent cash handling and record keeping skills
• Calm in all situations and able to delegate to team members
• Experience within a school setting advantageous