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Financial Accountant at MGA Schools

December 30, 2024
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Job Description

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Key Responsibilities:

Policy Implementation: Execute and uphold the MGA Schools Finance Policy, ensuring all financial practices align with institutional goals.
Reporting: Prepare accurate and timely financial and management reports, including monthly, quarterly, annual, and consolidated accounts for all MGA schools.
Accounts Receivable: Oversee timely and customer-friendly school fee collection processes while maintaining accurate records.
Cashflow Management: Manage cashflows and working capital effectively, including projections and actual reporting.
Accounts Payable: Ensure efficient and well-documented payment processes for all school expenditures.
Credit Committee Coordination: Plan and coordinate Credit Committee meetings, ensuring action points are addressed and followed through.
Debt Collection: Lead debt recovery efforts across all MGA schools.
Budgeting: Oversee the budgeting process, including preparation, coordination, and monitoring of expenditures.
Expense Management: Implement measures to reduce wastage and control expenses across all MGA schools.
Asset Management: Maintain accurate records of fixed assets, ensuring their safety and proper accounting.
Accounting Policy: Ensure compliance with the accounting policy, with regular updates as required.
Stock Management: Oversee school store operations, ensuring proper stock management, documentation, and accountability.
Internal Controls: Strengthen internal control processes, ensuring reconciliations, accurate trial balances, and compliance with financial protocols.
Regulatory Compliance: Guarantee 100% adherence to tax laws and other regulatory requirements.
Audits: Plan and coordinate internal and external audits, ensuring cooperation and implementation of audit recommendations.