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Accounts Receivables In-charge
2 weeks ago
The position
Aga Khan Academy, Hyderabad, India
We look for outstanding educators whose work is characterised by passion, the ability to inspire others, excited by the opportunity to make a difference and committed to helping young people find their grand passion in life Set on a beautiful 100-acre campus south of the historic city of Hyderabad, the Aga Khan Academy is part of a network of Academies which will eventually form an inter-connected global learning community of 18 schools in 14 countries. Based on the vision of His Highness the Aga Khan, the Academy deliberately recruits young people from a diversity of backgrounds and irrespective of their ability to pay. Our holistic approach enables young people to become ethical leaders empowered to make a positive contribution in a changing world. Children’s needs are at the heart of the Academy’s focus and high quality pastoral care is paramount.
**Accounts receivables Incharge**:
As the Accounts Receivables In-charge, you will be responsible for managing the school's financial transactions related to tuition fees, ensuring timely collection and accurate record-keeping. You will play a vital role in maintaining positive relationships with students, parents, and staff in the process.
Prepare and circulate student invoices within set time limits and billing for other services on timely basis.
Taking care of the ARI/ARR Accounting function including verification/classification of entries for revenue and expenses as per global chart of accounts while entering in ERP.
Encouraging timely payments and sending reminders/doing regular follow up to collect dues. This would include making/receiving phone calls, Phone Messages and E Mails.
Resolving the customer Billing problems; including processing refunds; quickly and create resolutions that bring in revenue on a regular basis.
Monitor Accounts on a daily basis and preparing weekly Fee Collection Report in the prescribed format.
Develop collections methods that consistently lead to achieving or exceeding company collections goals which will include analyzing Payment History, etc.
Work closely with team members to create ways to bring in collections and find success as a group.
Prepare weekly/monthly bank reconciliations for related accounts and reports thereof.
Assist in Financial Aid Process and taking care of the relevant accounting part.
Prepare periodical Fee Reconciliation matching with Admissions and Financial Aid analysis.
Complete monthly closing procedures and verifying Trial Balance, including assisting Business Analyst for financial reporting to all stakeholders (actuals and annual forecast and cash flows by month).
Assist with related part of financial and tax audits, preparing related tax replies, statutory compliances, other reporting requirements and Annual Budget process.
Ad-hoc support to management on requirement basis, as directed by line manager.
The requirements
Bachelor’s degree.
Highest standard of integrity.
Good Interpersonal and communication skills.
Ability to work under pressure with minimum discrepancies to meet deadlines.
Ability to work in flexible timings.
Sector
Social Development
About the Agency
The Aga Khan Academies is an integrated network of residential schools dedicated to expanding access to education of an international standard of excellence to exceptional young men and women regardless of their ability to pay. The Aga Khan Academies' foundational values include pluralism, meritocracy and civil society. Housed in spacious and attractive campuses with beautiful facilities, the Academies offer the International Baccalaureate (IB) curriculum from the Primary Years Programme to the Diploma Programme and provide a rich opportunity for both teachers and students alike to grow both professionally and personally. The first Aga Khan Academy opened in Mombasa, Kenya in 2003. This was followed by an Academy in Hyderabad, India in 2011, Maputo, Mozambique in 2013 and Dhaka, Bangladesh in 2022.
Region
South Asia
Location
India
Salary
Job Expires
22-May-2024
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