Job Summary
Under the direction and supervision of the Head of Internal Audit and Oversight, reviews the school's accounting system, cash management, stock control, purchase of goods and services, etc., and school operations in line with the school's policies and procedures.
Reviews and appraises the soundness, adequacy, and effectiveness of the accounting, financial, and other operating controls of the company. Ascertains the extent to which assets are accounted for and safeguarded from losses of all kinds. Reviews external audit reports findings that need corrective actions. Follows up on the adequacy of actions taken by the finance function to correct the weaknesses reported in the previous audit reports.
Category: Internal audit and oversight
Career level: Mid-level: minimum four years' experience
Report to: Head of internal audit and oversight
Benefits: Life Insurance, Medical refund and reimbursement of children's tuition fee.
Key Responsibilities
Consistently review and check important monthly transactions, which include the following, but are not limited to:
Transactions related to the salary of national and international staff monthly
Transactions involving tax payments monthly
Monthly bank reconciliations
Filing transactions related to rent contracts and payments for houses that the school rents for international staff
Filing all payment transactions made to contractors and architects
The general ledger and subsidiary ledger of the customer with the admission record
The school invoices
Follow up on work following advice
The documentation of the finance department, box file PV and CRV
Weekly cash count
The student file and recording
Check the periodic inventory of school assets
Assist in the development of systems to foster improvements in the application of internal control systems and the maintenance of compliance standards
Assist in conducting analytical reviews to assess risk areas and work with endowment staff to minimize risk exposure levels
Assist in coordinating and facilitating internal and external audits by liaising with concerned work units
Assist the department regarding control systems, assess their effectiveness and general operational compliance with established rules, regulations, and policies; assess work processes and office structures to ensure that tasks are carried out with maximum efficiency
Advise and assist the Head of Internal Audit and Oversight about any suspected misconduct in operations
Check Human Resources and School Admissions as per the school policies and procedures
Document audit work per applicable audit work and filing
Perform related functions as required and assigned by the immediate supervisor
Required Qualifications
BSc Degree in Finance, Accounting, Business Management or related fields
Minimum two years' experience as an Associate in Internal audit, Internal or External Audit, Compliance Officer, etc.
Proficiency with Microsoft application suites and different accounting software
Experience, Knowledge and understanding of current financial management and affairs of a school setup, especially in an International School
Required Skills and Competencies
Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant accounting information with attention to detail and accuracy
Ability to innovate and manage time efficiently
Ability to communicate efficiently and effectively both in writing and speaking
Proficiency in English
Excellent communication, organizational and interpersonal skills
Strong organizational and time management skills
Ability to multi-task and prioritize work
Ability to work independently and in a team environment
Keeping confidentiality is highly required
Can present a written reference from the former organization
Communication
Attention to detail
Analytical thinking and problem-solving skills