Executive/Sr. Executive, Finance

Job Overview:

The incumbent will assist the Manager in overseeing the daily financial functions within the campus environment.

Primary Duties:

• Manage the processing of student fee invoices, related adjustments, and billing reconciliations while ensuring accuracy and adherence to established policies and standard operating procedures (SOPs).
• Guarantee insurance coverage for all fees paid by students (Fee Protection Scheme - insurance) and prepare necessary reports.
• Facilitate statutory and internal audits by providing all required reports and documentation.
• Address any inquiries or observations, aiming for minimal or no repeat observations in areas for improvement (AFI) and achieving 100% resolution of all observations.
• Communicate with parents to resolve queries regarding billing and fee collection.
• Ensure timely response (TAT) for parent queries as per defined standards.
• Collections: Oversee the receipt of fees from students billed and issue receipts for all payments received. Promote digital payment options (GIRO/Auto Debit/payment gateway).
• Promptly register students for GIRO upon enrollment.
• Manage accounts receivable (AR) by following up on fee payments and initiating legal actions for fee defaulters when necessary.
• Collections: Ensure that traditional payment methods (Cheque/Demand Draft/Cashier’s order/Cash) are deposited into the bank account.
• Act as a member of the scholarship core team and assist in the review of applications.
• Process credit notes and voids in accordance with SOPs and provide digitized documents to parents.
• Handle fee refunds in compliance with policy and contractual agreements, ensuring adherence to refund timelines.
• Compile Monthly Management Information System (MIS) Reports related to collections and reconciliations.
• Assist in the implementation, upgrading, and maintenance of the Learning Management System (LMS) or other equivalent systems.

Qualifications:

Educational Background: A Bachelor's degree or Diploma in a relevant field is required.

Experience: A minimum of 3 years of relevant experience is necessary.

Work Schedule: 5.5 days a week, on-site.

Location: In-person work is required.