Finance Officer

Finance Officer

Permanent contract /Location: Abu Dhabi

Les Roches Global Hospitality Education, in the top 3 for Employer Reputation of Hospitality & Leisure Management graduates by the QS World University Ranking, is a brand of the Sommet Education Group. Founded in 1954, Les Roches is a private institution based on the Swiss model of experiential learning, offering undergraduate and graduate degrees in the fields of hospitality, tourism and event management. Les Roches prepares entrepreneurial and innovative graduates across a global network of campuses in Crans-Montana (Switzerland), Marbella (Spain) and Abu Dhabi (United Arab Emirates).

You share our values: Development, Distinctiveness, Joint commitment, Openness and Sense of service.

Student Accounting: Manage processes such as billing & collection, petty cash, and month-end book close entries, including related controls and follow-ups.
Student Services: Provide services to external customers (students, sponsors/parents) and internal stakeholders, cooperating with various multi-functional and regional/global teams (e.g. Student Support, Admissions, Enrollment, Facilities, Sales Agents).
Financial Tasks: Manage financial operations, ensure compliance with regulations, and provide accurate financial reporting.        

Key Responsibilities:

• Revenue Management: Generate student/other customers invoices, control fees and ensure appropriate documentation is attached, etc. Ensure invoices are raised for all customers on timely basis according to VAT standards.
  
• Collection Control: Follow-up on student/other customers’ collections. Send reminders and letters to students and communicate with concern departments on students defaulting on payments. Follow up with any other customers’ outstanding payments.
  
• Preparation of Financial Reports: Prepare monthly, quarterly, and annual financial statements in accordance with accounting standards (IFRS). Produce any other reports required by management.
  
• Manage student health insurance process: check invoices before final payments.
  
• Manage student payment plans: prepare/suggest payment options and forms, make changes to student accounts, follow-up with reminders.
  
• Respond to student requests: provide guidance and advice to students/sponsors during opening hours (front desk), respond to calls and emails, liaising with the CFO, Campus Director, parents/sponsors, and Enrollment Teams (Sales).
  
• Manage Collection & Bank Reconciliation: monitor collection (from students and revenues from outlets), make accounting bookings, (issue receipts, post receipts), file accounting records for tax purposes, process credit card, online banking transactions, etc. Prepare daily the bank reconciliation report.
  
• Accounts Payables Management: Book suppliers’ invoices correctly in the system and ensure accurate accounting of the same. Ensure timely payment of suppliers’ invoices.
  
• Ensure the KPIs of the Finance Department are achieved monthly. Collaborate with other departments to ensure strategic objectives of the academy are achieved.
  
• Prepare VAT Return Filling reports and maintain all records for the same. Prepare Corporate Income Tax report.
  
• Monthly & Yearly Closing: Close the accounting books monthly within the KPI set by the department. Analyze and reconcile each account and ensure accuracy of financial records. Assist in yearend closing and external audit requirements.
  
• Provide support for student check-in and check-out: prepare reports, complete forms and lists, adjust student accounts, coordinate student refunds and damage collections.
  
• Budgets: Assist in the budgeting process. Provide monthly reports on the budgets available to departments and communicate with them on a regular basis any concerns.
• Complete any Ad Hoc tasks assigned by the CFO.

Education and Professional Qualifications:

• Bachelor’s degree (Finance/Accounting)
  
• Commercial diploma or equivalent   

Knowledge and Skills:

• Service oriented attitude
  
• Excellent communication skills both verbal and written.
  
• Strong analytical and problem-solving skills.
  
• Awareness of regulations and IFRS.
  
• At ease in an international, multi-cultural environment
  
• Reliability, attention to detail, time and priority setting
  
• Ability to handle cash and credit card transactions
  
• Computer literate (Outlook, Excel, Word)
  
• Experience in working with on-line banking and web applications
  
• English fluent in speaking, reading and writing. Arabic and/or other languages a plus