School Bursar at Aga Khan Education Service, Kenya (AKESK)
Aga Khan Education Services View all jobs
- Nairobi
- Permanent
- Full-time
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 ResponsibilitiesFinancial 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.
- Manage accounts payable and receivable, ensuring timely payments and collections.
- Banking duties which include cheque deposits, following up on direct banking and bank transfers.
- 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.
- 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.
- Coordinate procurement processes, ensuring value for money and compliance with procurement policies.
- 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.
- 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.
Myjobmag