Finance Officer
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Key skills for this role
About the Role
RIT Dubai is hiring a Finance Officer to execute cash transactions, manage receivables, and provide financial support to students and staff. The role requires a Bachelor's in Finance/Accounting, 1 year of experience in higher education, and bilingual English skills.
Key Skills for This Role
Responsibilities
- Collect payments (cash, cheques, credit cards) and conduct cash based account receivables transactions
- Create, post and record cash related transactions accurately on the ERP system
- Tally transactions on a day to day basis and reconcile balances
- Responsible for daily cash and cheque deposits to the bank
- Greet visitors/students and provide accurate information regarding payment of student fees
- Track and monitor the status of payments received and follow up on outstanding amounts
- Assist in the financial audit process by preparing and submitting financial data
- Review, verify and record all student information on the ERP system
Requirements
- Bachelor's degree from an Accredited University in Finance or Accounting
- Bilingual, excellent command of English Language
- Minimum of 1 year of working experience in accredited higher education universities or similar function
- Flexible on working hours (including weekends and evenings if needed)
- Excellent communication and interpersonal skills
Full Job Posting
Job Purpose
- To execute cash transactions (receivables) through direct interface with students, parents and employees and perform accounting procedures as per RIT Dubai’s financial policies and procedures and IFRS reporting standards.
Main Duties and Responsibilities
- Collect payments (cash, cheques, credit cards) and conduct cash based account receivables transactions in a timely manner.
- Create, post and record cash related transactions accurately on the ERP system/financial templates.
- Raise telegraphic / bank transfer / direct bank deposit receipts as per accounting requirements.
- Tally transactions on a day to day basis and reconcile balances to provide accurate cash statements.
- Review and reconcile all cash transactions and coordinate bank deposits.
- Responsible for daily cash and cheque deposits to the bank.
- Support the preparation and submission of student account statements as and when required.
- Greet visitors/students and provide accurate information regarding payment of student fees.
- Issue finance information related letters to students / parents as per operational requirements.
- Address and respond to finance and payment related queries from students.
- Track and monitor the status of payments received and follow up on outstanding amounts.
- Prepare and communicate the fees schedule for students.
Required Minimum Qualifications
- Bachelor’s degree from an Accredited University in Finance or Accounting.
- Bilingual, excellent command of English Language.
- Minimum of 1 year of working experience in accredited higher education universities or similar function.
- Flexible on working hours (Including weekends and evenings if needed).
- Excellent communication and interpersonal skills (verbal and written).
- Ability to represent the University in a professional manner.
Application Procedure
- Email application to careersdubai@rit.edu with subject line including source, name, and position.
- Include cover letter, resume/CV, and contact information.
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