School Accounting Associate
6 days ago
Job Description
The American School of Jeddah is looking for a highly skilled Junior Financial Analyst to manage our financial transactions and maintain accurate financial records. The ideal candidate will have excellent organizational and communication skills, with a strong background in accounting and finance.
Main Responsibilities:
- Financial Transaction Processing:
- Process daily cash transactions, including student payments for tuition, lunch programs, and extracurricular activities.
- Issue receipts and ensure proper recording of all incoming funds.
- Reconcile cash drawer at the beginning and end of each shift, ensuring accuracy and accountability.
- Invoice Generation and Distribution:
- Generate and distribute accurate and timely invoices to clients based on contractual agreements and services rendered.
- Accounts Receivable Management:
- Record and reconcile incoming payments, ensuring they are applied correctly to customer accounts.
- Collection and Reconciliation:
- Proactively communicate with clients to follow up on outstanding balances, resolve payment discrepancies, and facilitate timely payments.
- Perform regular reconciliation of accounts receivable ledger to ensure accuracy and completeness of financial data.
- Financial Record Keeping:
- Assist with maintaining financial records, including accounts payable and receivable.
- Prepare and process invoices, ensuring accurate and timely payment of school bills.
- Assist in payroll preparation by ensuring all relevant data is collected, such as hours worked and deductions.
- Financial Reporting:
- Maintain and update the school's financial records using accounting software or spreadsheets.
- Help prepare financial reports, including weekly cash flow reports, transaction logs, and monthly bank reconciliations.
- Assist in organizing and archiving financial documents in compliance with school policies and regulations.
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