School Bursary
2025-05-15T17:19:02+00:00
Aga Khan Education Service
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https://www.agakhanschools.org/
FULL_TIME
Nairobi
Nairobi
00100
Kenya
Education, and Training
Accounting & Finance
2025-05-23T17:00:00+00:00
Kenya
8
Role Summary.
- Overseeing the financial operations of the school, ensuring effective management of funds, compliance with financial regulations and accurate record-keeping. This role is pivotal in maintaining the financial health of the institution and supporting its educational objectives.
Key Responsibilities
Financial Management
- Oversee day-to-day financial transactions, ensuring proper documentation and adherence to accounting standards.
- Lead budget specific discussions during budgeting process, including forecasting revenues and expenditures.
- Manage accounts payable and receivable, ensuring timely payments and collections.
- Conduct regular bank reconciliations and maintain accurate cash flow records.
- Managing of petty cash
- Enforce practices that are in line with company’s finance policies among the school staff & other stakeholders.
Fee Collection and Student Accounts
- Ensure accurate billing of tuition and other fees, and oversee the collection process.
- Maintain up-to-date student financial records, including ledgers and receipts.
- Implement and monitor payment plans for students as necessary.
- Maintain monthly revenue report template and National Financial Institute (NFI).
- Sending monthly reminders on fees to parents and making calls for non–responsive cases.
- Monitoring and taking corrective measures against fee defaulters and report to HT for escalation and further action.
- Maintaining receipts of payment from other incomes e.g. Use of facilities – Swimming pool / hall / field hire, other disposals etc.
- Banking duties which include cheque deposits, following up on direct banking and bank transfers.
- New admissions /Exit
- Confirm approval of admissions.
- Follow up on payments
- Ensure deactivation of students who have left the school.
- Reconciliation of class registers and SIS to match student numbers.
- Processing of approved and authorized caution refund upon student clearance.
Procurement and Asset Management
- Coordinate procurement processes, ensuring value for money and compliance with procurement policies.
- Maintain an up-to-date inventory of school assets and oversee their proper utilization.
- Ensure the safeguarding of school assets through proper coding and record-keeping.
Compliance and Reporting
- Prepare and submit accurate financial reports to the school management and relevant authorities.
- Ensure compliance with statutory financial regulations, including tax fillings and audits
- Collaborate with internal and or external auditors during financial audits and implement recommended improvements.
The requirements
Qualifications and Experience
- Bachelor’s Degree in accounting, finance or commerce.
- Certified Public Accountant (CPA) finalist or equivalent.
- At least 3 years of experience, preferably within an educational institution.
- Proficiency in accounting software.
- Strong understanding of Kenyan financial regulations and statutory requirements.
Financial Management Oversee day-to-day financial transactions, ensuring proper documentation and adherence to accounting standards. Lead budget specific discussions during budgeting process, including forecasting revenues and expenditures. Manage accounts payable and receivable, ensuring timely payments and collections. Conduct regular bank reconciliations and maintain accurate cash flow records. Managing of petty cash Enforce practices that are in line with company’s finance policies among the school staff & other stakeholders. Fee Collection and Student Accounts Ensure accurate billing of tuition and other fees, and oversee the collection process. Maintain up-to-date student financial records, including ledgers and receipts. Implement and monitor payment plans for students as necessary. Maintain monthly revenue report template and National Financial Institute (NFI). Sending monthly reminders on fees to parents and making calls for non–responsive cases. Monitoring and taking corrective measures against fee defaulters and report to HT for escalation and further action. Maintaining receipts of payment from other incomes e.g. Use of facilities – Swimming pool / hall / field hire, other disposals etc. Banking duties which include cheque deposits, following up on direct banking and bank transfers. New admissions /Exit Confirm approval of admissions. Follow up on payments Ensure deactivation of students who have left the school. Reconciliation of class registers and SIS to match student numbers. Processing of approved and authorized caution refund upon student clearance. Procurement and Asset Management Coordinate procurement processes, ensuring value for money and compliance with procurement policies. Maintain an up-to-date inventory of school assets and oversee their proper utilization. Ensure the safeguarding of school assets through proper coding and record-keeping. Compliance and Reporting Prepare and submit accurate financial reports to the school management and relevant authorities. Ensure compliance with statutory financial regulations, including tax fillings and audits Collaborate with internal and or external auditors during financial audits and implement recommended improvements.
Bachelor’s Degree in accounting, finance or commerce. Certified Public Accountant (CPA) finalist or equivalent. At least 3 years of experience, preferably within an educational institution. Proficiency in accounting software. Strong understanding of Kenyan financial regulations and statutory requirements.
JOB-6826220644339
Vacancy title:
School Bursary
[Type: FULL_TIME, Industry: Education, and Training, Category: Accounting & Finance]
Jobs at:
Aga Khan Education Service
Deadline of this Job:
Friday, May 23 2025
Duty Station:
Nairobi | Nairobi | Kenya
Summary
Date Posted: Thursday, May 15 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Role Summary.
- Overseeing the financial operations of the school, ensuring effective management of funds, compliance with financial regulations and accurate record-keeping. This role is pivotal in maintaining the financial health of the institution and supporting its educational objectives.
Key Responsibilities
Financial Management
- Oversee day-to-day financial transactions, ensuring proper documentation and adherence to accounting standards.
- Lead budget specific discussions during budgeting process, including forecasting revenues and expenditures.
- Manage accounts payable and receivable, ensuring timely payments and collections.
- Conduct regular bank reconciliations and maintain accurate cash flow records.
- Managing of petty cash
- Enforce practices that are in line with company’s finance policies among the school staff & other stakeholders.
Fee Collection and Student Accounts
- Ensure accurate billing of tuition and other fees, and oversee the collection process.
- Maintain up-to-date student financial records, including ledgers and receipts.
- Implement and monitor payment plans for students as necessary.
- Maintain monthly revenue report template and National Financial Institute (NFI).
- Sending monthly reminders on fees to parents and making calls for non–responsive cases.
- Monitoring and taking corrective measures against fee defaulters and report to HT for escalation and further action.
- Maintaining receipts of payment from other incomes e.g. Use of facilities – Swimming pool / hall / field hire, other disposals etc.
- Banking duties which include cheque deposits, following up on direct banking and bank transfers.
- New admissions /Exit
- Confirm approval of admissions.
- Follow up on payments
- Ensure deactivation of students who have left the school.
- Reconciliation of class registers and SIS to match student numbers.
- Processing of approved and authorized caution refund upon student clearance.
Procurement and Asset Management
- Coordinate procurement processes, ensuring value for money and compliance with procurement policies.
- Maintain an up-to-date inventory of school assets and oversee their proper utilization.
- Ensure the safeguarding of school assets through proper coding and record-keeping.
Compliance and Reporting
- Prepare and submit accurate financial reports to the school management and relevant authorities.
- Ensure compliance with statutory financial regulations, including tax fillings and audits
- Collaborate with internal and or external auditors during financial audits and implement recommended improvements.
The requirements
Qualifications and Experience
- Bachelor’s Degree in accounting, finance or commerce.
- Certified Public Accountant (CPA) finalist or equivalent.
- At least 3 years of experience, preferably within an educational institution.
- Proficiency in accounting software.
- Strong understanding of Kenyan financial regulations and statutory requirements.
Work Hours: 8
Experience in Months: 36
Level of Education: bachelor degree
Job application procedure
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