The Riara Group of Schools, a leading
institution in the education industry, is looking for a suitable candidate to
fill the position of a Treasury Accountant.
Duties and Responsibilities
Duties and Responsibilities
- Ensure that daily cash takings are reconciled
and banked intact on a daily basis.
- Confirm that daily banking summary reports are
generated and all variances adequately addressed.
- Produce daily Cash-flow monitoring bank
balances and report on the total funds available.
- Producing weekly treasury report - a report
showing cash receipt and usage for the week and the expected cash receipt
and usage for the week to come.
- Reconcile all cash books to bank statements on
weekly/monthly basis and ensure all reconciling items are dealt with
accordingly and to submit bank reconciliation statements
- Reversing returned cheques into the debtors
account, charge applicable penalties.
- Follow up to ensure that bounced cheques are
replaced immediately in form of cash or banker’s cheque.
- Maintenance of PTA balances and payment to the
PTA officials.
- Establishing the text books that were lost by
pupils at the end of each term and raise invoices to the pupil’s account
in order to recover the amounts from the pupils.
- Maintaining the loans register, ensure
adherence to loan terms and amortize repayments as they fall due.
- Maintaining lease register and ensure lease
payments are updated in the lease ledgers on due dates.
- Generation of the weekly and monthly
cash flow
- Confirming that receipts, cash payments as
well as petty cash vouchers and cheque payment vouchers are
correctly and accurately keyed in the accounting system and posting of the
same completed on a daily basis
- Management of Mpesa transactions and posting
of transactions into the accounting system on a daily basis
Knowledge, Qualifications and
Experience
- A fist degree in finance and a registered
professional accountant (CPA-K).
- A minimum of 3 years’ experience, 2 of which
should have been at a similar level in a large organisation.
- Strong leadership and analytical skills,
strict adherence to deadlines and a team player.
- Excellent communication and demonstrated
decision making skills.
- High personal ethics and integrity
- Must be computer literate and proficient in
standard office computer applications and accounting packages.
- Knowledge of SAP will be an added advantage
Application Procedure:
Qualified candidates to send a copy
of their CV including current and expected remuneration and contact details of
3 referees to recruitment@riaraschools.ac.ke
