Accountant – Silver Maple College of Education and Health Sciences

Job Description

Position Summary:
The Accountant at Silver Maple College will manage the college’s financial operations, including maintaining accurate financial records, managing accounts payable and receivable, preparing financial reports, and ensuring compliance with financial regulations.

Key Responsibilities:

1. Financial Reporting:
– Prepare and maintain financial statements, including income statements, balance sheets, and cash flow statements.
– Ensure timely preparation of monthly, quarterly, and annual financial reports.

2. Accounts Payable and Receivable:
– Manage accounts payable, ensuring timely and accurate payment of invoices.
– Oversee accounts receivable, including invoicing, payment collection, and reconciliation.
– Monitor aging of accounts receivable and follow up on overdue accounts.

3. General Ledger Management:
– Maintain the general ledger, ensuring all financial transactions are recorded accurately.
– Perform regular reconciliations of bank statements, accounts, and financial records.

4. Budgeting and Financial Planning:
– Assist in the development and monitoring of the college’s annual budget.
– Report on budget variances and provide analysis and recommendations.

5. Payroll Management:
– Oversee the payroll process, ensuring accurate and timely payment of salaries and wages.
– Maintain payroll records and ensure compliance with tax regulations.

6. Compliance and Audit:
– Ensure compliance with financial regulations, including tax laws and reporting requirements.
– Coordinate and support external audits, ensuring necessary documentation is available.
– Implement and monitor internal controls to safeguard the college’s financial assets.

7. Financial Analysis:
– Conduct financial analysis to support decision-making and strategic planning.
– Provide insights and recommendations on financial performance and improvement opportunities.

8. Vendor and Supplier Management:
– Manage relationships with vendors and suppliers, negotiating payment terms and resolving payment disputes.

9. Student Accounts and Financial Aid:
– Oversee student billing and payment processes, ensuring accuracy and timeliness.
– Collaborate with the admissions and financial aid offices to manage scholarships, grants, and student loans.

10. Other Duties:
– Assist in the implementation of new financial systems or software as required.
– Perform other accounting and finance-related tasks as assigned by the CFO.