Accounts Assistant / Officer at Standard Bearers School (SBS)

Standard Bearers School emerged during a challenging era in Nigeria's educational landscape marked by a decline in the quality of education amidst a proliferation of schools. Founded on January 7th, 1997, SBS was conceived with a dedicated team of educators and a small group of students. The vision behind SBS was to establish a school that values both academic excellence and creativity equally.

SBS transcends the conventional definition of a school; it is a tight-knit family offering a comprehensive educational experience for parents seeking a technologically advanced, 21st-century learning environment for their children. We function as a community of lifelong learners who not only recognize but celebrate the unique worth of each individual, supporting them on their journey of self-discovery. At SBS, our commitment remains steadfast. We aspire to provide our students with a robust foundation and a promising start in life. Our educational approach focuses on nurturing independence, confidence, and responsibility, guiding our students to evolve into valuable, responsible members of our community.

We are recruiting to fill the position below:

Job Title: Accounts Assistant / Officer

Location: Lekki Phase 1, Lagos
Employment Type: Full-time

Position Overview

• The Accounts Assistant/Officer is responsible for managing the financial records and transactions of the school in compliance with accounting principles and standards.
• The role involves monitoring accounts, reconciling financial discrepancies, and ensuring timely remittance of statutory obligations.
• This position supports the Chief Financial Officer (CFO) and contributes to the efficient financial operations of the school.

Key Responsibilities
Transaction and Record Management:

• Maintain accurate and up-to-date records of all financial transactions in adherence to accounting principles and procedures.
• Record daily payments from parents and to vendors using accounting software.
• Record and reconcile daily petty cash vouchers, payment vouchers, cash advances, and retirement forms.
• Profile new parents from the enrollment database and raise bills for them upon issuance of admission letters.

Reconciliation and Reporting:

• Conduct weekly reconciliation of account receivables, payables, and bank ledgers.
• Prepare monthly bank reconciliation statements and reconcile salary journals and ledgers.
• Reconcile monthly accounts for receivables and payables.

Statutory Compliance:

• Prepare schedules for approval by the CFO.
• Remit statutory payments such as PAYE, WHT, pensions, and other government-mandated deductions.
• Ensure accurate and timely processing ofpayments to vendors through cheques or transfer instructions.

Audit and Budget Management:

• Assist in the preparation and facilitation of the school’s financial year external audit.
• Monitor and manage the school’s expenditures within budgetary limits.

Financial Planning and Control:

• Maintain a daily imprest account and conduct daily reconciliations.
• Provide support for budgetary planning and implementation.

Client Management and Support:

• Maintain clients' records and security documents, providing counsel on payment statuses when required.
• Act as a liaison between parents and the finance team to address billing-related inquiries.

Other Duties:

• Assist in developing financial policies and procedures to ensure compliance and efficiency.
• Participate in training and workshops to enhance financial management skills.
• Carry out other work-related activities and responsibilities as assigned by the CFO or school management.

Educational Requirements

• A Bachelor’s degree in Accounting, Finance, or a related field.
• Relevant certifications (e.g., ICAN, ACCA) are an added advantage.
• 2 - 4 years relevant work work experience.

Key Skills and Attributes:

• Strong analytical and reconciliation skills.
• Proficiency in accounting software and Microsoft Office Suite, especially Excel.
• Knowledge of statutory financial obligations and remittances in Nigeria.
• Attention to detail and ability to maintain confidentiality.
• Strong organizational and multitasking abilities.
• Excellent communication and interpersonal skills.
• Ability to work under pressure and meet deadlines.

Application Closing Date
26th December, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.