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• Income accounting, reconciliations and follow up on receivables (Scrutiny and Verification)

• Ensure student registers are updated for enrollment by all schools and verify the accuracy of student enrolment numbers on a weekly basis. Very all new enrolments on a weekly basis with the Admissions office and

• Verify that revenue accountants are generating invoices based on accurate student enrolment, that all bank deposits are reconciled on a daily basis with student registers, receipts are generated daily, and there are no uncredited deposits at the end of every week.

• Generate and verify revenue entries for the accounting system, obtain sign off from the CFO, and ensure accurate postings in the accounting system.

• Ensure and verify reconciliations between bank, class attendance registers, student information system and accounting information system on a daily, weekly and monthly basis.

Payables and Payroll

• Put in place a payments’ tracking system. Approve and monitor payments to ensure payments are done in accordance with targets for processing time, and in accordance with the procurement and finance policies. Take corrective action with staff when target times are exceeded.

• Ensure VAT filings are done in a timely manner, respond to any URA queries and ensure collections from URA are done in a timely manner and posted accurately in the accounting information system.

• Reconcile all payables accounts on a monthly basis and propose resolution of long-standing outstanding balances. Resolve brought-forward balances with suppliers as needed, particularly with utility companies

• Oversee timely preparation and verification of bank reconciliation statements on a monthly basis of all collection accounts with timely follow up/reversal of long reconciling items. Ensure all bank reconciliations are completed by the 5th of every month

• Verify petty cash purchases are in accordance with finance policies. Raise exception queries with head-teachers or department heads. Follow-up with schools to ensure replenishment requests are made in a timely manner and that the schools do not run out of petty cash.

• Ensure proper recording of fixed deposits and timely booking and receiving of interest income as per the control sheet and timely rollover of maturing deposits.

Fixed Assets

• Ensure the fixed assets register (with full information) is updated and in line with the accounting information system records

• Update the depreciation expense as per the fixed assets schedule on a monthly basis

• Ensure that all assets in all the units are properly tagged and insured.

Budgeting and Reporting

• Assist during budget exercise to in the completion of budget templates, follow up on timely collection of data on budgetary assumptions in liaison with the relevant units/ departments.

• Assist in the generation of periodic financial reports (monthly/quarterly/annual)

• Timely prepare schedules for internal, interim and annual audits and support completion of annual statutory audit of financial statements

• Support timely filling of company and income tax returns as per the statutory set timelines

Management

• Manage the team being a role model for the staff and oversee their work for accuracy and timeliness

• Provide value adding financial information and analysis,

• Address risks raised by internal and external audits,

System

• Responsible for the implementation of the FIS system, which is being implement in AKES U, ensuring its optimal operation and alignment with organizational objectives.