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Key skills for this role
Oversee the operations of the Accounting Department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
Update and enhance the financial policies and procedures of the school and maintain a documented system of policies and procedures.
Design internal control systems for all departments to ensure the safeguarding of school assets and monitor and enforce internal controls.
Ensure the efficient operation and integration of the accounting system throughout the school.
Ensure the timely reporting of all monthly and annual financial information.
Ensure general ledger and financial statements are complete and accurate.
Perform general ledger reconciliations including deferred income and other account analysis.
Each month end, update a ‘month end’ folder with detailed balance sheet reconciliations for all balance sheet items.
Daily cash reporting and monthly bank reconciliations
Manage the production of the annual budget and forecasts.
Liaise with banks, audit, legal and tax providers as necessary.
Comply with government reporting requirements and tax filings.
KPI and performance monitoring
Maintain the fixed asset register by supervising the recording of all items in the inventory, maintaining pertinent records and ensuring adequate treatment of fixed asset acquisitions and disposals.
Manage payables, receivables and invoicing functions of the school efficiently.
Monitor debt levels and compliance with debt covenants.
Prepare monthly budget variance reports and work with the headmaster on corrective actions
Provide financial analysis for decision support including capital investments, pricing decisions, and contract negotiations.
Assist the group with gathering data and preparing reports for key personnel as requested.
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Ensure the school has the adequate insurance cover at all times.
Liaise with suppliers and clients when needed to ensure the smooth running of the day-to-day operations.
Reviewing operational contracts to ensure “best value” is achieved.
Prepare and submit payroll to the bank.
Supervise the Accounts Department, which includes enhancing the department development and setting the departmental objectives.
Enforcing the group authorization limits table.
Ad hoc duties as required.
Work with school HR to ensure Group and local regulatory compliance of employees.
Manage with the support of HR the PRO for the school and ensure government compliance is maintained including reporting and licensing.
Ensure that all details that flow from Workday to the payroll system are accurate and correct.
Work with school AGM - Operations to ensure budget is appropriately allocated to ensure the keep and maintenance of the building.
Monitor the financial progression of CAPEX projects with Regional Head of Operations and ensure budget targets are met.
Work with AGM to maximize income from external sources such as letting of facilities.
Overseeing procurement of goods and services using best practice model and ensuring best value
Establishing of robust systems of control for purchase of goods and services
Ensure that an inventory of assets is prepared and maintained.
Ensure that the school is fully compliant.
Establish effective whole school administrative functions which deliver outcomes within the school’s vision.
Establish and use effective methods to review and improve administrative systems.
Ensure all appropriate records are maintained.
This position will manage a team of three members.
Direct reporting to the Head of the School and dotted line to regional finance function.
A Qualified Chartered Accountant having post qualification experience of 8 -12 years.
ISP Principles
Begin with our children and students . Our children and students are at the heart of what we do. Simply, their success is our success. Wellbeing and safety are both essential for learners and learning. Therefore, we are consistent in identifying potential safeguarding
and Health & Safety issues and acting and following up on all concerns appropriately.
Treat everyone with care and respect . We look after one another, embrace similarities and differences and promote the well-being of self and others.
Operate effectively. We focus relentlessly on the things that are most important and will make the most difference. We apply school policies and procedures and embody the shared ideas of our community.
Are financially responsible. We make financial choices carefully based on the needs of the children, students and our schools.
Learn continuously. Getting better is what drives us. We positively engage with personal and professional development and school improvement.
ISP Commitment to Safeguarding Principles
ISP is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment. All post holders are subject to appropriate vetting procedures, including an online due diligence search, references and satisfactory Criminal Background Checks or equivalent covering the previous 10 years’ employment history.
ISP Commitment to Diversity, Equity, Inclusion, and Belonging
ISP is committed to strengthening our inclusive culture by identifying, hiring, developing, and retaining high-performing teammates regardless of gender, ethnicity, sexual orientation and gender expression, age, disability status, neurodivergence, socio-economic background or other demographic characteristics. Candidates who share our vision and principles and are interested in contributing to the success of ISP through this role are strongly encouraged to apply.
Global network of private K-12 schools.
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Senior · 8+ years experience
Onsite
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