Financial Accountant at MGA Schools

  • Full Time
  • Nairobi

MGA Schools

MGA Schools is currently recruiting for a Full Time Job position based in Nairobi. This opportunity is open to qualified candidates looking to grow in the Job sector in Kenya. Review the full requirements below and apply before the deadline.

📋 Job Overview

  • Category: Not specified
  • Job Type: Full Time Jobs
  • Location: Nairobi
  • Company: MGA Schools
  • Employer Page:
  • Application Deadline: Rolling basis
  • Last Updated: December 30, 2024

Financial Accountant at MGA Schools – MGA Schools Kenya Job Details

  • Salary RangeKSh 50,000 – KSh 100,000/month
  • We are seeking a highly skilled and detail-oriented Financial Accountant to join our team and play a pivotal role in driving the financial operations of our network of schools. The ideal candidate will oversee critical functions such as financial reporting, cashflow management, budgeting, and compliance with regulatory standards.

Key Responsibilities:

  • Policy Implementation: Execute and uphold the MGA Schools Finance Policy, ensuring all financial practices align with institutional goals.
  • Reporting: Prepare accurate and timely financial and management reports, including monthly, quarterly, annual, and consolidated accounts for all MGA schools.
  • Accounts Receivable: Oversee timely and customer-friendly school fee collection processes while maintaining accurate records.
  • Cashflow Management: Manage cashflows and working capital effectively, including projections and actual reporting.
  • Accounts Payable: Ensure efficient and well-documented payment processes for all school expenditures.
  • Credit Committee Coordination: Plan and coordinate Credit Committee meetings, ensuring action points are addressed and followed through.
  • Debt Collection: Lead debt recovery efforts across all MGA schools.
  • Budgeting: Oversee the budgeting process, including preparation, coordination, and monitoring of expenditures.
  • Expense Management: Implement measures to reduce wastage and control expenses across all MGA schools.
  • Asset Management: Maintain accurate records of fixed assets, ensuring their safety and proper accounting.
  • Accounting Policy: Ensure compliance with the accounting policy, with regular updates as required.
  • Stock Management: Oversee school store operations, ensuring proper stock management, documentation, and accountability.
  • Internal Controls: Strengthen internal control processes, ensuring reconciliations, accurate trial balances, and compliance with financial protocols.
  • Regulatory Compliance: Guarantee 100% adherence to tax laws and other regulatory requirements.
  • Audits: Plan and coordinate internal and external audits, ensuring cooperation and implementation of audit recommendations.

🎯 How to Apply

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