Financial Analyst for Educational Institutions

1 month ago


Abu Dhabi, Abu Dhabi, United Arab Emirates International Community Schools Full time

We are looking for a skilled and meticulous Accountant to enhance our financial department. The successful candidate will have a minimum of 5 years of accounting expertise in the UAE, with at least 3 years dedicated to the educational sector. This position is crucial for overseeing the financial functions of the institution, ensuring adherence to regulatory standards, and contributing to the financial health and advancement of our organization.

Key Responsibilities:

  • Generate and deliver precise financial reports, including balance sheets, income statements, and cash flow analyses.
  • Perform financial assessments and offer insights to facilitate strategic decision-making and planning.
  • Establish and track financial performance metrics, providing suggestions for enhancements.
  • Supervise accounts payable processes, including invoice verification, supplier statement reconciliation, and timely payment execution.
  • Manage accounts receivable tasks, such as invoicing students/parents, monitoring outstanding balances, and coordinating collection efforts.
  • Reconcile bank statements and ensure accurate documentation of all financial transactions.
  • Maintain comprehensive financial records, ensuring meticulous documentation and filing of all transactions.
  • Guarantee compliance with accounting standards and internal control protocols.
  • Prepare and organize materials for audits and regulatory assessments.
  • Assist in the development of annual budgets, including revenue and expense forecasting.
  • Monitor budget execution and variance analysis, providing regular updates to management.
  • Support the formulation of financial strategies and forecasts to align with institutional objectives.
  • Ensure compliance with UAE financial regulations, tax laws, and institutional policies.
  • Coordinate and facilitate internal and external audits, preparing necessary documentation and addressing findings.
  • Implement and uphold effective internal controls to protect institutional assets.
  • Oversee payroll operations, ensuring accurate and timely processing of salaries, benefits, and deductions.
  • Manage employee payroll records, including tax documentation and benefit enrollments.
  • Utilize accounting software and systems proficiently, ensuring data accuracy and system integrity.
  • Develop and enforce financial procedures and policies to enhance efficiency and precision.
  • Provide training and assistance to staff regarding financial procedures and systems.
  • Collaborate with various departments to deliver financial insights and support operational requirements.
  • Assist in financial planning for school-related events, projects, and initiatives.
  • Address financial inquiries from staff, management, and external stakeholders.


Requirements
  • Experience: A minimum of 5 years of professional accounting experience in the UAE, with at least 3 years in an educational institution or school environment.
  • Education: Bachelor’s degree in Accounting, Finance, or a related discipline. A professional accounting qualification (e.g., CPA, ACCA) is highly preferred.



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