A Junior Accountant in a school typically needs to handle a variety of financial and administrative duties under the guidance of senior accountants or the Financial Controller. Roles and responsibilities include:
Maintain accurate financial records for the school, including receipts, invoices, and payments.
Assist in managing accounts payable and receivable.
Ensure all transactions are recorded in the appropriate accounts using accounting software or spreadsheets.
Budgeting and Financial Reporting
Assist in preparing and monitoring the school’s budget.
Help in the preparation of monthly, quarterly, and annual financial reports.
Track expenses against the budget and report any discrepancies to senior staff.
Reconcile bank statements with the school's financial records.
Ensure all deposits and withdrawals are accurately reflected in the accounting system.
Payroll Support
Assist in processing payroll for school staff, ensuring accurate calculation of wages, deductions, and benefits.
Maintain records of employee time sheets and attendance.
Tax and Compliance Support
Help in ensuring the school’s compliance with tax laws and regulations.
Assist in preparing and filing tax-related documents (e.g., VAT returns, income tax returns).
Data Entry and Administration
Enter financial data into accounting software or spreadsheets.
Assist with filing and organizing financial documents for easy retrieval.
Ensure that financial records are up to date and accurate.
Audit Assistance
Assist with internal or external audits by providing necessary documentation and supporting information.
Maintain a clean and organized record system to facilitate the auditing process.
Communication and Coordination
Communicate with vendors, suppliers, and other stakeholders regarding payments, invoicing, and discrepancies.
Assist in the communication of financial information to staff and management.
Cost Tracking and Analysis
Help track the school’s spending in various departments (e.g., maintenance, supplies, events).
Provide support in analyzing costs and suggesting potential savings.
Support in Financial Planning
Assist in the preparation of financial forecasts and projections.
Help analyze financial trends and provide insights that can inform decision-making.
General Administrative Support
Perform any other administrative tasks that support the finance department as needed.
Ensure all financial transactions comply with the school’s policies and procedures.
Desired Candidate Profile
A Junior Accountant in a school must have strong attention to detail, good organizational skills, and proficiency with accounting software. They work closely with senior accountants, administrators, and other staff members to ensure the financial operations of the school run smoothly.