Job Description

Agency

Aga Khan Academies

Salary

Salary and package to attract the best candidate

Region

South Asia

The requirements

Required Attributes:

• Strong communication, excellent planning, and organizing skills.
• High degree of efficiency and responsiveness, especially regarding time-sensitive reportings
• Interest and ability to work effectively as part of a team
• Professionalism and sensitivity to issues of confidentiality.

Education:

• Bachelor’s degree in accounting and related topic.
• Part completed ACCA / CA or other professional field.

Valued additional assets:

• Master’s degree in accounting and related topic.
• Knowledge and experience in an ERP software

The position

The Aga Khan Academies are an integrated network of residential schools dedicated to expanding access to education of an international standard of excellence to exceptional young men and women regardless of their ability to pay. Envisaged in Africa, South and Central Asia and the Middle East, the Aga Khan Academies’ foundational values include pluralism, meritocracy and civil society.

Housed in spacious and attractive campuses with outstanding facilities the Academies offer the International Baccalaureate (IB) Curriculum from Primary Years to the Diploma and provide a rich opportunity for both teachers and students alike to grow both professionally and personally. The first Aga Khan Academy opened in Mombasa, Kenya in 2003, the second in Hyderabad, India in 2011, the third in Maputo, Mozambique in 2013, and the network is now expanding with the fourth Academy in Dhaka, Bangladesh.

The Academies aim to develop meritorious young men and women into homegrown ethical leaders through education of the highest international standard in purpose-built campuses. The vision and ethos of the Aga Khan Academy Dhaka is encapsulated in its mission statement that calls for a commitment to promote excellence in teaching.

Purpose:
Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles or financial reporting standards. Assist the Head of Finance in overseeing the financial health of the Academy and help ensure its continued viability, assist in supervising important functions, such as monitoring cash flow, determining profitability, managing expenses and producing accurate financial information and reporting, and drive stakeholders’ understanding and engagement on company priorities and key initiatives.

Main responsibilities:

• Oversee daily operations of all areas of finance including cash management, banking, accounting, management of fees and accounts payables and fixed assets management.
• Manage and monitor compliance to policies, processes, systems and controls to ensure integrity of the financial systems, data and reporting as well as adherence to financial best practices.
• Ensure student fees invoices are issued on a timely basis and individual student accounts are reconciled with Admissions office
• Ensure fees collections are effectively managed, regular follow-ups are done on the outstanding fees balances, and all collections are banked on a daily basis.
• Minimize cash transactions and ensure cash and bank balances are reconciled on a daily basis.
• Ensure all other receivables and payables are reconciled on at least on a monthly basis and outstanding issues are resolved on a timely basis.
• Working closely with the Head of Finance on budgeting process, ensuring input from the Senior Management and Heads of Department. Ensure effective monitoring of approved budget and variances are highlighted in a timely way.
• Ensure all procurement comply with the authority matrix and procurement guidelines.
• Manage all statutory compliance and ensure payment of taxes, rates and other statutory dues in a timely way.
• Facilitate internal and external audits and ensure implementation of audit recommendations
• Attract and manage an efficient financial team by providing appropriate guidance, professional development opportunities and access to resources.
• Independently manage accounting process and ERP system for timely accounting and financial reporting.
• Prepare periodic internal and external reports in an accurate and timely manner.
• Liaise with staff, students and parents and address their issues / concerns professionally and efficiently.