Finance Manager

Responsibilities:

• Ensure all department policies and procedures are adhered to by all staff members of the School.
• Review and update department policies and procedures periodically.
• Manage day-to-day processing of finance and accounting transactions of the school and summarize financial transactions.
• Prepare and interpret monthly management accounts and annual financial statements, cost data and management reports.
• Direct, supervise and ensure that all financial and accounting transactions are posted under the correct accounting heads.
• Create, update and modify chart of accounts as and when required.
• Monitor the accuracy of payables and receivables accounts.
• Prepare and analyze budgets and cash flow projections and be responsible for the school’s cash flow management.
• Analyze revenue and expenditure trends and recommend appropriate budget levels and ensure expenditure control.
• Prepare actual vs. budgeted reports and provide recommendations for expenditure control in case of significant variances and present the same to the School Management. Document reasons for the variances.
• Manage all assets (fixed and current) to ensure that neither insufficient nor unnecessary funds are invested in the assets.
• Review FAR records on a periodic basis for correctness and accuracy.