Accountant

JOB SUMMARY The Accountant provides financial information to Management by analysing accounting data and preparing financial reports for the Education Department. The role is pivotal in preparing asset, liability and capital account entries by compiling and analysing account information, and in documenting financial transactions through accurate entry of account information. KEY RESPONSIBILITIES The Accountant reports directly to the Education Secretary and supervises School Bursars on financial matters. Duties include: Prepare periodic consolidated financial statements, including profit and loss accounts, budgets, cash flow statements, cost of revenue schedules, variance analysis and commentaries for all Schools under the Department. Advise Education Department staff on financial expenditure controls and revenue generation activities. Maintain cordial relationships with the Internal Auditor and other cooperating partners. Coordinate, prepare and submit the Department’s financial budgets to the Board through Management and the Finance and Audit Committee (FAC) of the Education Board. Analyse financial performance and contribute to short-, medium- and long-term financial planning and forecasts. Maintain proper accounting records and financial statements in readiness for internal and external audits. Maintain monthly financial records and reports, and reconcile individual Schools’ accounts. Supervise performance assessment of staff in the Accounts Section. Prepare annual budgets in conjunction with the Education Secretary. Update and implement all necessary financial and accounting policies and procedures. Monitor and control expenditure to ensure adherence to budget policies. Develop, maintain and evaluate financial and accounting control systems. Ensure goods and services are procured promptly and in line with laid-down procedures.