The Finance Executive is responsible for supporting the school's Accounts Receivable (AR) operations, ensuring accurate billing, timely collection, and proper recording of fees and related transactions. The role maintains up-to-date parent/customer accounts, performs daily AR processing, and handles reconciliation and follow-up activities. The Finance Executive also provides support for Accounts Payable (AP)functions and assists with month-end closing activities as needed.
Accounts Receivable (AR)
- Assist fully in AR functions, including billing, collection, and reporting.
- Maintain customer/parent profiles and perform daily AR transactions.
- Issue e-invoices, official receipts, and credit notes.
- Handle collections; perform daily settlement and reconciliation.
- Follow up on outstanding payments and resolve discrepancies or customer queries.
- Reconcile AR ledger, weekly ageing, and monthly AR closing.
- Update Parents Portal payment data and reconcile with Merchant Reports.
- Bank in all collections the next working day and reconcile Uniform Department sales.
Accounts Payable (AP) Support
- Assist AP Executive in invoice processing, payment schedules, and vendor documentation.
- Verify invoices, support vendor/staff queries, and prepare preliminary reconciliations.
- Assist in petty cash checks and AP audit schedules.
General Ledger (GL)
- Manage general ledger transactions and prepare supported journal entries.
- Ensure accurate data entry
- Reconcile GL accounts, sub-ledgers, balance sheet schedules, and inter-company accounts.
- Assist with audit and tax schedules.
Requirements:
- Degree in Accounting or partial professional qualifications (ACCA/CIMA).
- Minimum of 3 years of relevant working experience.
- Prior experience in audit is preferred.
- Proficient in Microsoft Excel and accounting software.
- Meticulous, organized, and possess strong analytical skills.
