The Opportunity
As a member of the financial services, account receivables team, process
revenues, payments and other financial transactions related to the Colleges,
Centers and Institutes. Will be responsible for Debt Collection, Invoicing and
Tracking, Value Added Tax (VAT) classification, Data Entry and Reporting.
The Responsibilities
Under the guidance and direction of the Commercial Manager, the Finance
Officer is responsible for the following core activities:
Debt collection
* Maintaining a complete debt collection portfolio from updating records of debtors to tracking them down, and contacting them via telephone, email or letter.
* Listening carefully to the situations and issues related to debtors.
* Negotiating payment plans and keeping a tight follow-up on payments.
* Preparing debtor statements so as to have complete information on the status of debt collections.
Invoicing and Tracking
* Coordinates with the respective departments heads and prepares invoices/receipts/refunds for various services provided by the Centers/departments and Institutes.
* Follows up on the collection of receivables related to the Centers and Institutes and arranges for their deposit in the appropriate bank account(s). Liaising with Banks to ensure that remittances are properly identified and booked in a timely manner
* Maintains a timely and accurate tracking of all student fees invoiced and payments received.
* Supports in all matters pertaining to customer credit and collection of outstanding debts in a timely and efficient manner
Value Added Tax (VAT)
* Responsible for the system identification and classification of the VAT related matters
* Preparing all VAT output related reports to be submitted to Federal Tax Authority.
* Responsible to investigate the possible VAT reporting improvement to FTA.
Data Entry and Reporting
* Enters data, fee assessment rules, scholarships, sponsorships, and invoices/receipt entries into the accounting system.
* Supports the Centers and Institutes' Directors in reviewing their financial information and provides feedback in a timely manner.
* Provides timely and accurate feedback to the Program Manager (s) of the respective departments and to their respective Dean(s), if required to do so.
Reconciliation of all Kiosk payments made through smart kiosk payment
system/online payment portal.
Student Financial Aid Fund
* Maintaining the financial records for the Student Financial Aid Fund, including fund's budget preparation and monitoring.
* Processing the monthly financial aid (stipends & other expenses) to students for meals and transportation, as approved by the Student Financial Aid Committee.
* Monitor & update all student related financial matters on the Financial Aid Portal
Other
* Monitor and process all E Services requests throughout the University (Graduation Clearance, Suspension, withdrawal, transfers, transcript/diploma replacement request, ID replacement requests…..etc.
* Ensures proper filing of documentation relating to revenues, payments, and journal vouchers.
* Any other projects and assignments delegated by the Director/Manager.
* Performing administrative duties, as required.
The Requirements
Must possess a bachelor 's degree in commerce or a related field from an
accredited institution and a minimum of 2 year experience in the accounting
function using enterprise computerized accounting systems.
Other essential requirements:
Experience using spreadsheets is essential.
Fluency in Arabic & English
Desired or preferred requirements:
Experience working in the academic environment.
Experience with other office software would be an asset
The Benefits
The University 's benefits package is highly attractive, with competitive
salaries free of tax in the U.A.E., Cash housing, a furniture allowance,
annual vacation airline tickets for the employee and immediate family,
educational subsidies for children and healthcare is provided to the employee
and sponsored family members.
To Apply
In addition to completing the online application form, attach a cover letter,
a current CV, and the names and contact details of three professional
references.
While we appreciate all applications, you will be contacted only if you are
selected for an interview.