Finance Executive
Organization: Roots International Schools & Colleges
Department: Finance & Accounts
Location: Islamabad
Roots International Schools & Colleges is looking for a Finance Executive to support its daily financial and accounting operations. The role involves maintaining accurate financial records, managing transactions related to receivables and payables, performing reconciliations, preparing financial reports, and ensuring compliance with internal policies and relevant regulations. The Finance Executive will work closely with various departments, campuses, vendors, and auditors to ensure smooth financial management and reporting.
Key Responsibilities
- Maintain accurate and up-to-date financial and accounting records.
- Process student fee collections, receipts, refunds, and related financial transactions.
- Prepare and verify invoices, payment requests, vouchers, and expense claims.
- Manage accounts payable records and ensure timely payment processing.
- Conduct regular bank, cash, and ledger reconciliations.
- Prepare daily, weekly, and monthly financial reports as required.
- Assist in monthly and annual financial closing activities.
- Monitor campus expenses, ensuring all expenditures are authorized and documented.
- Support budgeting, forecasting, and variance analysis processes.
- Maintain proper documentation and filing of financial records.
- Coordinate financial matters with campuses, vendors, banks, auditors, and internal teams.
- Ensure compliance with organizational financial policies, accounting standards, and tax regulations.
- Assist in audit preparation and provide necessary supporting documentation.
- Identify discrepancies and help resolve financial and accounting issues.
- Maintain confidentiality of financial and student-related information.
- Perform other finance-related duties as assigned by the Finance Manager or management.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
- 1 to 3 years of relevant experience in finance or accounts; experience in an educational institution is advantageous.
- Good understanding of accounting principles and financial procedures.
- Proficiency in Microsoft Excel and financial/accounting software.
- Experience with ERP systems is preferred.
- Knowledge of Pakistani taxation and statutory requirements is a plus.
Key Skills and Competencies
- Strong numerical and analytical abilities.
- Excellent attention to detail and accuracy.
- Effective communication and interpersonal skills.
- Strong organizational and time-management capabilities.
- Ability to manage multiple tasks and meet deadlines.
- Integrity and confidentiality in handling sensitive financial information.
- Strong problem-solving and reconciliation skills.
- Ability to collaborate effectively with campus and central finance teams.
Performance Indicators
- Accuracy and timeliness of financial records and reports.
- Timely reconciliation of bank, cash, and ledger accounts.
- Efficient monitoring and recovery of outstanding student fees.
- Compliance with financial policies and procedures.
- Prompt processing of payments and financial documentation.
- Successful support during internal and external audits.
Work Location: This position requires in-person attendance at the Islamabad office.
Interested candidates are encouraged to apply with an updated CV through the official application channels provided by Roots International Schools & Colleges.