The position
- The Revenue Accountant will be responsible for the entire
accounts receivable cycle, ensuring robust internal controls, strict
adherence to financial policies, and the accurate & timely recording
of all revenue transactions. The role acts as a central point of expertise
and support for school level bursars, directly impacting the financial
health and operational stability of our schools.
Key Responsibilities and Duties
The successful candidate will be directly accountable for the following:
- Revenue
Accounting & Bank Reconciliation: Oversee the student invoicing process,
reconcile the Student Information System (SIS) with revenue records and
class registers, and ensure all students are billed correctly per the
approved fee structure, perform timely and accurate bank reconciliations
- Compliance
& Control: Ensure
all financial transactions comply with school policies and accounting
standards. Validate all discounts, staff rebates scholarships, and
financial assistance against approved schedules. Ensure the completeness
of receipt sequences and reconcile all receipts to bank deposits.
- Debt Management
& Reporting: Proactively
manage the collection of outstanding payments, monitor overdue accounts,
and maintain accurate aging reports. Prepare regular accounts receivable
reports, aging analyses, and revenue performance data for management.
- Financial
Reporting & Analysis: Support
the annual revenue budgeting process, perform variance analysis, and
conduct competitor set analysis to inform fee structure approvals. Provide
accurate student statistics and revenue narratives.
- Systems &
Process Improvement: Identify
and implement opportunities for process improvement and automation within
the revenue function.
- Stakeholder
Support & Capacity Building: Train,
mentor, and provide ongoing support to school bursars on the SIS, Excel,
and revenue reporting. Serve as a point of contact for resolving complex
revenue-related inquiries from schools and parents.
- Audit &
Compliance: Ensure full readiness for
internal and external audits by preparing all necessary documentation and
reconciliations for debtors and bank.
The requirements
- Bachelor’s degree in Finance or Accounting.
- A completed professional of CPA (K) or ACCA.
- Minimum of 3 years of proven experience in
revenue accounting.
- Extensive work experience in a school
environment is a distinct advantage.
- High proficiency in Microsoft Office
Applications and knowledge of a major accounting software.
- Strong analytical ability and meticulous
orientation to detail.
- Proven skills in planning, organizing and
coordinating.
- Excellent written and inter-personal
communication skills.
- Unquestionable integrity, reliability and a
commitment to confidentiality.
How to Apply
