Accountant at United States International University - USIU Africa

Job Requirements:

Reporting to the Principal Accountant- Student Accounts, the holder of this position will responsible for supporting the day to day running of Credit Control Unit, Student Accounts.

Key Responsibilities

• Review and approve Student Tuition Fee Payment Plan Applications and ensure payments are received as per the Terms and Conditions of the Payment Plans.
• Enforce all Credit Management Policies and Guidelines across USIU-A, to ensure full compliance that supports the liquidity of the University.
• Conduct Annual Analysis of Student Debtors for Bad Debts and Write – off Proposals as per the USIU-A’s Billings and Debtors Management Policy for posting in the System.
• Work closely with the Principal Accountant – Student Accounts, to ensure that Bad Debts are provided for as per applicable Reporting Standards e.g. IFRS 9.
• Conduct Quarterly Reviews of Bad Debts, written-off and submit Report on any Bad Debt Recoveries.
• Monitor Student Accounts with Credit balances to ensure that they are in line with the University’s Policies and any relevant Government Regulations.
• Monitoring of all Accounts of Students receiving Financial Aid, to ensure that they are financially cleared and their Accounts reconciled.
• Prepare Monthly Debtors Reports and Reconciliation of Credit Control related Ledger Accounts.
• Liaise with external Debt Collectors to ensure effective collection of Student Debtors.
• Safe custody of all Post-dated Checks and monitoring to ensure that they are banked and receipted on the due dates.
• Prepare a Daily and Weekly Clearance Report and movement of Student Debtors, Recovery and Collection of all Debts.
• Follow – up on all Outstanding Debts with regular communication to Students and Sponsors through Calling, Sending email and Text Reminders.
• Respond to all enquiries concerning Outstanding Balances to Students and Sponsors and Supervisors.
• Allocate Printing Credits to Students, Staff and Faculty Members per Semester.
• Providing ad-hoc Reports as requested from time to time.

Qualifications/Education/Professional and working experience

• Bachelor’s degree in Accounting/Finance and CPA (K);
• Member in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK)
• Certified Credit Professional (CCP) will be added advantage.
• At least 5 Years working experience with Minimum 2 (two) years’ experience in Credit Management and Debt collection.
• Proficiency in computer applications;
• Proven ability to analyze larger sets of data and strong attention to detail.

Personal Attributes & Competencies

• Confidentiality and high level of integrity;
• Team player with excellent interpersonal skills;
• Excellent communication skills;
• Negotiation skills;
• Self motivated;
• Good analytical skills with attention to detail;
• High degree of honesty.
• Adaptability and reliability