School Accountant at Stresert Services Limited

Job Summary

The accountant will be responsible for managing the financial operations of the school, ensuring accuracy, transparency, and compliance with accounting standards and school policies. The role involves maintaining financial records, preparing reports, managing budgets, and supporting the school’s mission by ensuring prudent financial management.

Responsibilities

Financial Management

• Maintain accurate records of all financial transactions, including fees, salaries, procurement, and other expenses.
• Prepare monthly, quarterly, and annual financial statements for management and board review.
• Monitor cash flow, accounts receivable, and accounts payable to ensure smooth financial operations.
• Develop and manage the school’s budget, ensuring funds are allocated appropriately.

Compliance & Reporting

• Ensure compliance with relevant accounting standards, tax regulations, and school policies.
• Prepare and file statutory returns (e.g., PAYE, pensions, taxes) in a timely manner.
• Provide financial reports and analysis to support decision-making by school management.

School Operations Support

• Manage student fee collection, issue receipts, and maintain accurate records of payments.
• Work closely with the admissions and administration teams to reconcile student accounts.
• Support payroll processing for teaching and non-teaching staff.
• Assist in procurement processes by verifying invoices, quotations, and supplier payments.

Collaboration & Communication

• Liaise with external auditors, banks, and regulatory authorities.
• Communicate financial information clearly to management, staff, and stakeholders.
• Provide guidance on financial matters to non-finance staff when required.

Requirements

• B.Sc./HND in accounting, finance or related field
• Professional certification in accounting/finance is an added advantage e.g. ICAN
• Minimum of 3 years’ experience preferably in an educational institution
• Well versed in MS Excel or similar accounting software is a plus.
• Analytical and technically sound
• Problem-solving and decision-making aptitude
• Strong ethics and reliability