The School Accountant is responsible for managing the school’s financial operations, maintaining accurate accounting records, and ensuring compliance with education and government financial regulations. This role supports the school’s administrative and academic functions by providing timely financial information, managing budgets, and ensuring proper use of funds.
Maintain accurate financial records for the school, including ledgers, income statements, and balance sheets.Prepare and monitor the school’s annual budget in coordination with the administration.Manage accounts payable and receivable, including vendor payments, school fees, and tuition collections.Record daily financial transactions and reconcile bank accounts regularly.Prepare monthly, quarterly, and annual financial reports for the school management and board.Ensure compliance with financial policies, tax regulations, and educational funding requirements.Process payroll for teaching and non-teaching staff and maintain related records.Handle petty cash, invoices, receipts, and reimbursements.Assist in financial audits and provide necessary documentation to auditors and authorities.Support the school’s administration with financial planning and cost-control initiatives.Liaise with parents, suppliers, and government offices regarding financial matters when required.QualificationsBachelor’s degree in Accounting, Finance, or a related field.Proven experience as an Accountant, preferably in an educational institution or nonprofit organization.Strong understanding of accounting principles and school financial systems.Proficiency in accounting software (e.g., QuickBooks, Tally, Sage, or similar) and Microsoft Excel.Excellent organizational and time-management skills.High level of accuracy, attention to detail, and integrity.Good communication and interpersonal skills for working with staff, parents, and vendors.Knowledge of local education funding and reporting requirements (preferred).