School Accountant at Taqwa Private Schools

• The school accountant will be responsible for managing the financial operations of the institution, 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.

Key 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.

Internal Controls

• Implement and monitor internal control systems to safeguard school assets.
• Conduct periodic audits of financial records and processes.
• Identify and mitigate financial risks.

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.

Qualifications & Requirements

• Bachelor’s Degree in Accounting, Finance, or related field.
• Minimum of 2–3 years’ experience in accounting, preferably in an educational institution.
• Strong knowledge of Nigerian tax laws and financial regulations.
• Proficiency in accounting software and Microsoft Office Suite.
• Excellent organizational, analytical, and communication skills.
• Professional certification is an added advantage

Personal Attributes

• High level of integrity and accountability.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Commitment to the school’s values and mission.