JOB PURPOSE 

The Assistant Manager reports to the Finance Manager and is responsible for full set of financial reports, develops and analyzes financial reports; compiles and analyzes financial information; assist in forecast and budget planning; supports Finance Manager in financial risk and compliance management. 

KEY RESULT AREA/RESPONSIBILITIES 

1.Development and Delivery of Accounting Processes

Develop, improve and implement a set of common-core business processes,and system on best practice, to improve efficiency for the department’saccounting processes;

Responsible for preparation of timely and accurate periodical Managementaccounts and reports;Contribute to the development of financial processes by raising issues andopportunities as part of a regular dialogue with the Institution.

2.AccountsResponsible for the School’s monthly management accounts & reports andyearly audited accounts.

Ensure timely invoice preparation and collections of School fees & other feesin accordance with the School’s Fees Collection policyEnsure timely preparation of monthly financial reports and information,variance analysis reports

Preparation of audit and tax schedules and attend to auditors/tax queriesResponsible to prepare revenue and overhead forecast for both the currentyear and the forthcoming years

3.Budgets and Management Information

Produce financial management analysis and information;

Monitor the operating cost and other budgets to ensure that these remain ontrack to keep within budget by the financial year end.

Work with the Head of Departments on approved operating budgets in linewith School’s strategic plans.

Assist in providing Financial Data for the annual planning process, including􀀃revenue and overheads budgets and forecast.

Responsible for the integrity of data, ensuring that financial records are both􀀃accurate and retained according to Institution guidelines.

Provide support with costings for new school activities or events

4.School Fees, billing and credit control

Manage student related accounting activities, advise parents tuition and billing issues; coordinate with Admission on enrollment invoicing and income projections, recommend action on bad debt and write offs;

5.Cash and Banking

Responsible to manage cash and cheque collection process; and liaison with banks on other receivable and payable activities; handle bank related matters and documentationPreparation of weekly cash forecast and monthly cashflow projections.

6.Staff Management

Manage a team of direct reports, to develop their skills both individually and as a team so that they can provide the quality works and services, this will include the induction, appraisal and performance management of team members.