Description:
Reports to the Director of Finance. Assist in preparation and consolidation of annual budget, including scheduling of the budget process; update and reconcile revenue accounts including fee assessment, contracts and exemptions and scholarships; liaison with ministries and other government agencies for tuition scholarship payments and reports
Duties and Responsibilities:
1.Collect the fees, properly account for the same and deposit the collections timely in to appropriate University bank account besides ensuring all the necessary updates are made on the student account for online payments, bank transfers and payment gateway.
2.Ensure that the daily collection reports are appropriately compiled and submitted and follow up with the Bank for details required.
3.Initiate regular follow up for fees overdue and ensure that the old receivables are properly highlighted to Director of Finance.
4.Manage financial hold on students.
5.Run fee assessment; ensure proper accounting of revenues and reconcile the amounts in the sub ledgers with the general ledger.
6.Apply student scholarship contracts and exemptions appropriately and maintain documentation.
7.Ensure proper accounting and reporting of scholarships.
8.Assist purchasing functions as assigned by the Director of Finance.
9.Perform other duties as assigned by the Director of Finance.
Qualification: Knowledge
•Bachelors Degree in accounting
•Five years experience in an accounting function
•Previous experience in an education sector is added advantage
•Excellent written and spoken English and Arabic required
Skills
•Industry Understanding
•Microsoft office
•Communication
•Presentation
Abilities
•The ability to deal with interruptions throughout the workday.
•The ability to work some flexible hours.
Interested applicants are encouraged to submit their curriculum vitae, along with a cover letter and the names and contact details of three referees. This position will remain open until filled.
Information should be sent to: careers@auk.edu.kw. Only qualified candidates will be contacted to schedule an interview.
Reports to the Director of Finance. Assist in preparation and consolidation of annual budget, including scheduling of the budget process; update and reconcile revenue accounts including fee assessment, contracts and exemptions and scholarships; liaison with ministries and other government agencies for tuition scholarship payments and reports
Duties and Responsibilities:
1.Collect the fees, properly account for the same and deposit the collections timely in to appropriate University bank account besides ensuring all the necessary updates are made on the student account for online payments, bank transfers and payment gateway.
2.Ensure that the daily collection reports are appropriately compiled and submitted and follow up with the Bank for details required.
3.Initiate regular follow up for fees overdue and ensure that the old receivables are properly highlighted to Director of Finance.
4.Manage financial hold on students.
5.Run fee assessment; ensure proper accounting of revenues and reconcile the amounts in the sub ledgers with the general ledger.
6.Apply student scholarship contracts and exemptions appropriately and maintain documentation.
7.Ensure proper accounting and reporting of scholarships.
8.Assist purchasing functions as assigned by the Director of Finance.
9.Perform other duties as assigned by the Director of Finance.
Qualification: Knowledge
•Bachelors Degree in accounting
•Five years experience in an accounting function
•Previous experience in an education sector is added advantage
•Excellent written and spoken English and Arabic required
Skills
•Industry Understanding
•Microsoft office
•Communication
•Presentation
Abilities
•The ability to deal with interruptions throughout the workday.
•The ability to work some flexible hours.
Interested applicants are encouraged to submit their curriculum vitae, along with a cover letter and the names and contact details of three referees. This position will remain open until filled.
Information should be sent to: careers@auk.edu.kw. Only qualified candidates will be contacted to schedule an interview.
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