Accountant – Receivables

Job Description

About the job

Job Purpose:The Accountant – Receivables supports the Finance Department by ensuring that all receivable-related financial records are accurate, up to date, and maintained in accordance with accounting standards and University policies. The role is responsible for invoicing, reconciliations, reporting, audit support, and coordination with internal departments, students, sponsorship entities and external entities.
Main Duties and Responsibilities:

• Independently process sponsorship/scholarship invoices for government and private entities.
• Provide all required supporting details and documentation to sponsorship/scholarship entities.
• Assist in processing and reconciling tuition invoices in a timely manner in liaise with the main campus system.
• Assist in processing and reconciling other receivable invoices in a timely manner in coordination with internal departments.
• Assist in processing corporate invoices in coordination with internal departments and follow up on outstanding payments with the relevant stakeholders in a timely manner.
• Assist in processing and reconciling receivable invoices related to branch campuses.
• Assist in processing scholarship and financial aid applications for returning students.
• Review and reconcile scholarship and financial aid records of all active students.
• Prepare reports and assist with quarterly VAT filing and returns related compliance activities.
• Assist with monthly closing entries and receivable-related reconciliations.
• Assist in preparing reports for regulatory and government authorities, including Ministry, KHDA, CHEDS etc.
• Assist in preparing ad hoc reports and analysis as requested by the higher management.
• Assist with year-end audit activities, including preparation of schedules and supporting documentation.
• Review and recommend improvements to accounting systems, controls & procedures.
• Comply with and promote all University policies, procedures, and ethical standards.
• Protect University’s value by keeping information confidential.
• Perform any other duties assigned to support departmental objectives and the overall goals of the University.
• Ensure compliance with all relevant (internal and external) regulations including QHSE requirements using RIT policies and procedures as appropriate.

Required Minimum Qualifications

• Bachelor’s Degree in Accounting / Finance or any other related field.

o Master’s Degree in Accounting / Finance or any other related field is of advantage.

o Certification in relevant discipline from an accredited institution is of advantage (Example: CPA, ACCA etc.)

• Minimum of 5 years’ experience.

o Al least 2 years work experience in the education sector is preferred.

• Strong knowledge and understanding of IFRS.
• Hands-on experience with general accounting and ERP systems.
• Computer proficiency skills, which include advanced knowledge of Excel & Word.
• Excellent verbal and written communication skills in English and Arabic.

APPLICATION PROCEDURE:

Please email your application to careersdubai@rit.edu and include the following items in your application:

• Subject line must include the source, your name and position you are applying for;
• (Mr. John Smith – Accountant – Receivables)
• Cover letter detailing your technical/professional, teaching, and scholarship qualifications and achievements
• Resume or curriculum vitae
• Contact information