Senior Accountant Aga Khan Foundation

Primary purpose of the role:
The incumbent will ensure the compliance, internal controls, reporting, adherence to financial policies and procedures, completeness, accuracy, timeliness and proper record keeping of transactions related to all organizational revenues, investments and receivables.He / She will undertake the following tasks:
Income accounting, reconciliations and follow up on receivables (Scrutiny and Verification)
• Ensure and verify authenticity, accuracy, completeness and timely recording of all organizational revenues and collections in the relevant information systems on an accrual basis and in line with the duly approved enrollment report and class attendance registers
• Ensure and verify reconciliations between bank, class attendance registers, duly approved enrollment reports, student information system and accounting information system on a daily and monthly basis
• Ensure 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
• Timely secure information, follow up, maintain and update the control sheets / schedules for all the negative income streams, concessions, charges, other receivables and liabilities
• Timely follow up of all institutional receivables and ensure sharing of student debtors report with the relevant stakeholders on a daily basis and timely response to their queries.
Fixed Assets
• Physically verify assets and update the fixed assets register (with full information) 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 in the completion of budget templates, follow up on timely collection of data on budgetary assumptions in liaison with the relevant units/ departments.
• Timely generate and submit periodic reports (monthly/quarterly/annual) with relevant stakeholders highlighting areas of concern
• Complete and share the working capital analysis with the supervisor on a monthly basis
• Reconcile staff costs on a monthly basis to ensure that actuals do not deviate against the approved budget
• Timely prepare schedules for internal, interim and annual audits and ensure completion of annual statutory audit of financial statements
Cash, bank, investments and treasury
• Ensure and verify proper record keeping and timely deposits of any cash collected within the organization
• Timely preparation (beginning of any term as a minimum) of cash flow analysis to help maximize returns on investments and avoid idol funds at all times.
• Ensure transfer of funds received in the collection accounts to the main account on a daily basis.
• Ensure proper record of fixed deposits and timely booking and receiving of interest income as per the control sheet and timely rollover of maturing deposits.
Leadership
• Manage the team being a role model for the staff and oversee their assignment / supervision
• Provide value adding financial information and analysis, and report on risks to the internal control systems to ensure safeguarding of assets of the organisation.
• Follow up with relevant stakeholders to ensure implementation on all the action items arising from internal or external audits.
The requirements
The Skills
• Proficient in MS Office Applications and spreadsheet skills is highly essential.
• Proficiency in use of an ERP system or accounting software like Tally.
• Should be proficient in planning, organizing and coordinating.
• Should possess excellent written and inter-personal skills.
• Strong analytical skills and orientation to detail.
• Ability to work with minimal supervision and under pressure

Qualifications and Experience
• Master’s Degree in Business / Commerce and CPA / ACCA qualified with minimum 7 years’ relevant work experience.
• 7+ and consecutive 5 years of experience as a Senior Accountant with a reputable organization.
• Extensive work experience in a school would be an added advantage
Sector
Social Development
About the Agency
The Aga Khan Education Services (AKES) is one of the largest private, not-for-profit, non-denominational educational networks in the developing world. AKES currently operates over 200 pre-primary, primary, secondary, and higher-secondary schools and programmes in diverse geographic locations in Afghanistan, Bangladesh, India, Kenya, Kyrgyzstan, Pakistan, Tajikistan, Tanzania, Uganda and the United Arab Emirates. Schools offer their respective country’s national curricula; some schools in East Africa and Bangladesh also offer international curricula (IB and British). AKES employs over 3,500 teachers and educates over 89,500 students. More information