Accountant (Agbara) at Total Child School

Key Responsibilities

Financial Accounting and Record Keeping

• Maintain accurate and up-to-date financial records in accordance with accounting standards.
• Prepare journal entries and post transactions into the accounting system.
• Reconcile bank accounts, petty cash, and general ledger accounts.
• Monitor accounts payable and accounts receivable.
• Ensure proper filing and documentation of all financial transactions.

School Fees and Revenue Management

• Manage student billing and invoicing for tuition and other school-related charges.
• Monitor fee collections and follow up on outstanding balances.
• Prepare reports on fee collection performance and debtor aging.
• Reconcile fee payments with bank statements and school records.

Budgeting and Financial Planning

• Assist in preparing the annual budget and periodic forecasts.
• Track actual income and expenditure against budget.
• Provide variance analysis and explanations for management review.
• Support departmental budget monitoring.

Financial Reporting

• Prepare monthly, quarterly, and annual financial reports.
• Generate income and expenditure statements, balance sheets, and cash flow reports.
• Provide financial analysis to support strategic decisions.
• Assist in preparing reports for the Board and Management.

Payroll Support

• Prepare payroll input data such as allowances, deductions, and reimbursements.
• Reconcile payroll-related accounts.
• Ensure timely remittance of statutory deductions including PAYE, Pension, and NHF (where applicable).

Statutory Compliance and Tax Administration

• Ensure compliance with relevant tax and regulatory requirements in Nigeria.
• Prepare and file statutory returns accurately and on time.
• Liaise with government agencies, auditors, and regulatory bodies.

Audit and Internal Control

• Support internal and external audit exercises.
• Maintain strong internal controls over receipts, payments, and asset management.
• Identify and report financial risks and control weaknesses.
• Recommend process improvements to enhance efficiency.

Procurement and Expense Control

• Verify payment requests and supporting documentation.
• Ensure expenditures are properly authorized and within approved budgets.
• Monitor supplier balances and prepare payment schedules.