+1 (868) 302-JOBS(5627)/ +1 (868) 712- (WORK)9675 #143 Wrightson Road, Port of Spain, Trinidad & Tobago WI. Mon - Sat 8.00 - 18.00. Sunday CLOSED

Accounting Officer – Receivables

  • Location:
    NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT
  • Salary:
    negotiable
  • Posted:
    1 week ago
  • Category:
    ACCOUNTING, FINANCE, AUDIT, INSURANCE ADMIN
  • Deadline:
    June 17, 2024
  • Gender:
    Male, Female

UWI School of Business and Applied Studies Limited (trading as ROYTEC) 

is looking for a suitably qualified and experienced candidate to fill the following position:

 

VACANCY

ACCOUNTING OFFICER – RECEIVABLES

(3-Year Fixed-Term Contract)

 

The Job: The incumbent would be responsible for supervising the accounts receivable staff, resolving non-payment, or skipped payments, updating financial records, and collecting the revenue generated by processing all invoices. The job will also oversee the day-to-day operations and strategic goals of the accounts receivable cycle through maintenance and implementation, of all accounts receivable business procedures and functions for the entire accounts receivable collection process. This position reports directly to the Senior Accounting Officer and Manager – Finance and Accounting.

The primary responsibilities include:

  • Ensure the accuracy and validity of the information processed via the accounting software through the matching of funds received and ensuring that accurate account balances are available at any point in time.
  • Communicate and explain work procedures to direct reports as required.
  • Ensure that operational criterion is reflected in the accounts receivable functions.
  • Update receivables by monitoring and coordinating all processing performed on student accounts daily including transactions such as bank remittances.
  • Plan, supervise, coordinate, monitor, and evaluate the student accounts receivable operations and oversee the processing of the institution’s income. 
  • Manage collection activities such as negotiating with past-due accounts, referring account to collection agencies, and sending follow-ups.
  • Play a key role in developing and modifying receivable systems, procedures, and all credit policies by the analysis of accounts receivable data to identify trends and areas for improvement.
  • Manage the B.Ed. program account from preparing statements, reconciling student accounts, emailing and calling students to final collection.
  • Supervise the day-to-day work of Accounts receivables staff and assist in training where necessary.
  • Serve as the point of contact to add new customers, alter customer information or ID’s, or adjust the G/L accounts assigned via the accounting system.
  • Direct accounts receivable transactions, including manual charges of adjustments, payments, refunds, automatic charges etc. and adjustments through statements, and non- student cash receivables,
  • Approve student account adjustments for posting and analyse computer reports daily and addressing any errors or problems.
  • Provide timely and accurate reports and month end close off, via the provision of an Aged Receivables report with explanations.
  • Generate student statements, fees payables letters and tax letters.
  • Facilitate monthly reconciliation of Accounts Receivable General Ledger account to Accounts Receivable General Report identifying and resolving any variances.
  • Confer directly with students and parents regarding unusual credit problems and propose resolutions. 
  • Ensure that staff interaction with students is handled with efficiency, accuracy, and diplomacy.
  • Review and sign-off on daily cash/bank reconciliation prepared by the student finance assistant or respective staff. 
  • Liaise with the GATE Department regarding student gate status and respective changes, ensuring that the accounts records are adjusted and reflected.
  • Lead and review the AR’s holds process ensuring timely and consistent holds are placed.
  • Lead and review the preparation and submission of key reports such as Graduation status, cautionary and other fees refund reports together with supporting documentation and journals.
  • Receiving e-mails and directing queries accordingly and in a timely manner.
  • Any other duties as deemed necessary.

 

The ideal candidate should possess:

  • ACCA Level 2 and currently pursuing ACCA Level 3 or equivalent 
  • 3 – 5 years of progressive experience in accounting, preferably in a receivables function
  • At least 2 years supervisory experience in a similar role.
  • Proficiency in Accounting systems, standards & procedures. 
  • Proficiency in Peachtree Accounting Software
  • Proficiency in Microsoft Office Suite (Excel)
  • Detail oriented and time management skills
  • Ability to multitask and meet tight deadlines.
  • Strong written and verbal communication skills
  • Strong analytical skills
  • Strong organizational/Coordinating skills
  • Good Interpersonal skills

 

        Interested persons can submit their application to the Manager – Human Resources on or before

June 17th 2024, at:

hr@roytec.edu