Finance and Accounting Manager
20 hours ago
We are seeking a Finance & Accounting Manager to work for our client's school in Hanoi. The manager will provide professional financial management for the school, deliver comprehensive financial planning, ensure robust financial systems and controls that safeguard finances and ensure efficiency and value for money is achieved for the school, while also ensuring the impact of financial strategy and management positively impacts educational outcomes for students. The position reports to the Director of Business Administration. Direct reports to this position include the Accountants.
**RESPONSIBILITIES**
- Support the Director of Business Administration in delivering on the school’s budgetary and financial activities including risk management
- Prepare the school’s annual budget and review and update as necessary and perform budgetary reconciliation and other related financial management tasks as directed by the Director of Business Administration
- Develop and streamline financial and accounting systems in line with the school action plan
- Analyze financial statements and other performance indicators
- Oversee the day-to-day cash management of the school and manage accounts payable and receivable
- Advise senior management on the financial implications of government and local authority policies and provide appropriate guidance on financial governance
- Provide budget holders with advice on matters relating to their budgets
- Keep all school accounts and prepare income and expenditure reports in accordance with financial regulations and liaise with the school’s auditors and support them with the preparation of the accounts
- Coordinate all the annual external audit (interim and final) and internal audit liaising with all parties involved, and preparing papers and workings
- Maintain and oversee all bank accounts including the school’s credit card(s), completing monthly reconciliations and reporting banking errors
- Ensure that the school’s financial procedures manual is reviewed and updated as necessary
- Ensure accurate VAT accounting and payment, and that VAT reclaim returns are submitted as required.
- Be responsible for cash flow projections and all elements of cash handling including collections and disbursements, banking, and security, fundraising and school trips.
- Maintain an effective payroll system and ensure compliance with all relevant legislation ensuring all forms including timesheets, new starter/leaver/variation forms and annual returns are submitted within required deadlines
- Monitor the payment of salaries by the school’s payroll provider, liaising with the provider as required
- Be responsible for overseeing the placement of orders ensuring they are processed through the school’s finance accounting package.
- Be responsible for the issue of school invoices following up their prompt payment
- Maintain all school insurances in all forms including assessments, claims and administration
- Create and maintain student and payers’ accounts
- Answer queries from payers’ regarding invoices and payment history
- Calculate finance charges and mailing tuition statements according to schedule and post all ongoing charges to students’ accounts (after school activities, trips, etc.)
- Create student billing reports as needed. Prepare receivable reconciliations for external accountants as requested
**PREFERRED QUALIFICATIONS AND SKILLS**
- Bachelor’s degree or higher in Accounting and accounting certification
- 5+ years of accounting and financial management experience, preferably in a school
- Familiarity with budget preparation and financial forecasting
- Flexible and agile working style suitable for a greenfield school operations
- Strong drive for organizational improvements
- Team oriented and spirited
Fluent in written and spoken Vietnamese and English
**Salary**: 45,000,000₫ - 80,000,000₫ per month
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