Finance Officer
Current• Monitor and verify all receipts against the bank statements and make sure cheques, cash, and bank transfers have been properly receipted and deposited.• Management of confirm receipts and make sure cash and cheques in hand have been deposited.• Actively follow-up late payments and returned cheques with parents.• Respond to parents’ requirements and inquiries related to finance.• Sign clearance on the Student Withdrawal Forms after all dues have been collected for withdrawing students. Acts as a liaison between the company and external auditors to meet information needs and to ensure that accurate information is maintained for historical purposes.• Receivable reconciliation – Ensure Orison receivables are matched and for any deviances pass necessary journal entries. Checking of outstanding balances of each Student account in Orison.• Monitoring and controlling unapplied receipts by allocating them against outstanding invoices.• Monitor and control unidentified deposits and reconcile monthly collection reports.• Collect all required documentation for fee discounts and submit this to the Central Finance team for review (Western Region Only).• Issuing fee invoices and assisting Head of Invoicing during termly issuance of school invoices.• Preparation and monitoring of monthly schedules for• Tuition fees receivable and registration fees,• Unidentified, confirmed, unapplied, refunds / bounced cheques.• Advances and excursions.• Monitoring ADNOC Group invoicing wherever applicable and book necessary adjustments.
