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  • Posted: Dec 6, 2016
    Deadline: Dec 9, 2016
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    The origins of The Riara Group of Schools go back to the Balmoral Kindergarten which existed on Riara Road and was owned by an English lady before Kenya’s Independence. The Balmoral Kindergarten was for expatriate children only. The name Balmoral came from Balmoral Road which later changed to Riara Road in 1974. The Gachukia’s acquired The Riara ...
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    Accounts Assistant - Receivables

    Principal Role: To provide support in the management of student billings and collections, as well as handling parent queries.
     
    Duties and Responsibilities
    • Receive fees payment- cash and cheques and providing receipts for all monies collected.
    • Arranging for intact banking of cash and cheques as and when required.
    • Prepare daily fees collection summary showing total fees received and total fees forwarded for banking.
    • Custody, payment and reimbursement of petty cash as may be necessary.
    • Respond to parents questions on fee balances and maintain a log of parents complains including emails indicating how these have been handled and submitting the log the senior financial accountant on a daily basis.
    • Updating Debtors schedule as delegated by the Senior Financial Accountant and submitting the report on a weekly basis.
    • Complete records on new enrolments and process in the SMS application as required by the Senior Financial accountant.
    • Verify students transport billing and weekly boarding sheets and report variances to the Senior financial accountant.
    • Assist in reviewing, verifying and coordination of teachers’ claims such as remedial lessons and extra curriculum allowance claims as required.
    • Provide evidence of billing and payment of students’ optional activities to support payment claims to respective service providers (consultants and teachers as the case may be).
    • Any other duty that may be assigned by management.
    Qualifications Knowledge and Experience:
    • A business related degree and a registered professional Accountant.
    • A minimum of 4 years working experience, 2 of which must be in a busy education institution.
    • Strong analytical skills, attention to details, strict adherence to deadlines and a team player.
    • Excellent communication, good public relation and demonstrable decision making skills.
    • Computer literate and proficient in standard office computer applications.
    • Knowledge of SAP will be an added advantage.

    go to method of application »

    Treasury Accountant

    Principal Role: To monitor and issue update reports on funds movement within the Riara group including the University, and to facilitate effective management of cash flows and liquidity. 
     
    Duties and Responsibilities
    • Ensure that daily cash takings at Riara Road, Springs and Riara University Cash Offices are reconciled and banked intact on a daily basis. 
    • Confirm that daily banking summary reports are generated and all variances adequately addressed.
    • Ensure that SAP cash receipts control ledger is reconciled to actual banking with bank teller stamp on daily basis and this is signed at the appropriate levels and filed.
    • Produce daily cash-flow monitoring bank balances and report on the total funds available.
    • Confirm that receipts, cash payments as well as petty cash vouchers are correctly and accurately accounted for, and keying  these in the accounting system on a daily basis and also posting of the same after approval by the Group Finance Manager.
    • Produce weekly treasury report – a report showing cash receipts and usage for the week and the expected cash receipts and usage for the succeeding week for the Riara Schools and Riara University.
    • Reconcile all cash books to bank statements on weekly/monthly basis and ensure all reconciling items are dealt with accordingly and to submit bank reconciliation statements by 10th each month.
    • Coordinate periodic cash spot checks.
    • Reverse returned cheques into the debtors account, charge applicable penalties and mark such accounts as “Cheques Not Allowed” (CNA).
    • Monitor PTA and Motisha balances and payment to these accounts as requested by Schoolheads, PTA and Motisha officials.
    • Maintain the loans register, ensure adherence to loan terms and amortize repayments as they fall due.
    • Maintain lease registers and ensure lease payments are updated in the lease ledgers on due dates.
    • Generate weekly and monthly cash flow forecasts by the 10th of succeeding months for the Riara Schools.
    • Manage Mpesa transactions and posting of transactions into the accounting system on a daily basis.
    • Act as the key contact person on banking relationship and negotiation of exchange rates.
    • Support the Group Finance Manager in handling general insurance matters in liaison with the Group Administration Manager.
    • Perform any other duties that may be assigned.
    Qualifications Knowledge and Experience:
    • A business related degree and a registered professional accountant.
    • A minimum of four (4) years working experience, two of which should have been at a senior level in a large organisation.
    • Strong leadership and analytical skills, strict adherence to deadlines and a team player.
    • Excellent communication and demonstrated decision making skills.
    • Excellent interpersonal skills and ability to work in a diverse and multi-cultural environment.
    • Must be computer literate and proficient in standard office computer applications and accounting packages.
    • Knowledge of SAP will be an added advantage.

    Method of Application

    Qualified candidates to send applications;- updated Curriculum Vitae and Cover Letter, current and expected remuneration and contact details of 3 referees to recruitment@riaraschools.ac.ke with subject of the email as Accounts Assistant Receivables by close of business on Friday 9th December 2016.
    Employment Policy Statement: In line with its values and the Employment Act 2007 provisions, Riara Group of Schools is an Equal Opportunity Employer who strives to promote good and fair employment practices which are intended to achieve the most effective use of all its human resources.
     
    We eliminate all types of unfair discrimination based on race, colour, sex, language, religion, political or other opinion, nationality, ethnic or social origin, disability, pregnancy, or HIV status.
     
    Please note that we do not charge interview candidates a fee at any point during the recruitment process.

     

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