School Bursar

Aga Khan Development Network View all jobs

  • Kenya
  • Permanent
  • Full-time
  • 1 day ago
SectorSocial DevelopmentAbout the AgencyThe Aga Khan Education Services ( ) is one of the largest private, not-for-profit, non-denominational educational networks in the Global South. AKES currently operates over 190 pre-primary, primary, secondary and higher secondary schools and more than 100 non-formal education programmes in diverse geographic locations in Afghanistan, Bangladesh, India, Kenya, Kyrgyzstan, Pakistan, Tajikistan, Tanzania, Uganda and the United Arab Emirates. Most schools offer their respective country's national curricula, with some schools in East Africa and Bangladesh also offering the International Baccalaureate (IB) and the International General Certificate of Secondary Education (IGCSE). AKES employs over 6,500 teachers and staff and educates over 104,700 students.AutoReqId4754BRAgencyAga Khan Education ServicesSalarySalary and package to attract the best candidateRegionEastern AfricaThe requirementsQualifications and Experience
  • Bachelor's Degree in Accounting, Finance or Commerce.
  • Certified Public Accountant (CPA) finalist or equivalent.
  • At least 3 years of experience, preferably within an educational institution.
  • Proficiency in accounting software.
  • Strong understanding of Kenyan financial regulations and statutory requirements.
The positionWe are seeking to fill the below posts at The Aga Khan Nursery School, Kisumu which offers Competency Based Curriculum (CBC) from Playgroup (2.5-year-olds) to PP2 (6-year-olds) and keen on academic excellence and the development of Learners skills at an early age.Positions:
1. School BursarRole Summary.
Overseeing the financial operations of the school, ensuring effective management of funds, compliance with financial regulations and accurate record-keeping. This role is pivotal in maintaining the financial health of the institution and supporting its educational objectives.Key Responsibilities1. Financial Management
  • Oversee day-to-day financial transactions, ensuring proper documentation and adherence to accounting standards.
  • Lead budget specific discussions during budgeting process, including forecasting revenues and expenditures.
  • Conduct regular bank reconciliations and managing of petty cash
  • Enforce practices that are in line with company's finance policies among the school staff & other stakeholders.
2. Accounts and Banking
  • Manage accounts payable and receivable, ensuring timely payments and collections.
  • Banking duties which include cheque deposits, following up on direct banking and bank transfers.
3. Fee Collection and Student Accounts
  • Ensure accurate billing of tuition and other fees, and oversee the collection process.
  • Maintain up-to-date student financial records, including ledgers and receipts.
  • Maintain monthly revenue report template and National Financial Institute (NFI).
  • Maintaining receipts of payment from other incomes e.g. Use of facilities - hall / field hire, other disposals etc.
4. New admissions /Exit
  • Confirm approval of admissions.
  • Follow up on payments
  • Ensure deactivation of students who have left the school.
  • Reconciliation of class registers and SIS to match student numbers.
  • Processing of approved and authorized caution refund upon student clearance.
5. Procurement and Asset Management
  • Coordinate procurement processes, ensuring value for money and compliance with procurement policies.
6. Compliance and Reporting
  • Ensure compliance with statutory financial regulations, including tax fillings and audits
  • Collaborate with internal and or external auditors during financial audits and implement recommended improvements.

Aga Khan Development Network