Bursar in Lagos, Nigeria

at Helviz Concepts

Education Management
Accounting / Audit / Tax
Minimum Qualification
Bachelor's Degree
Required Experience
Entry Level
Employment Type
Full Time
Male or Female
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Job Description

  • Advising on general financial policy within the school.
  • Preparing annual estimates of income and expenditure to include the preparation of departmental budgets within the school, the latter in consultation with the head or senior academic staff.
  • Monitoring income and expenditure in relation to budget and presenting regular management reports to the governing body.
  • Keeping the accounts of the school and preparing Statements of Financial Activity (SOFA) and balance sheets in accordance with the charities Statement of Recommended Practice (SORP).
  • Maintaining cash flow projections for the current and future years.
  • Advising on investments in consultation with the school's brokers or investment managers.
  • Preparing pupils' bills and collecting all fees and extras.
  • Payment of all salaries and wages, including PAYE, Superannuation and National Insurance Contributions and compliance with regulations for benefits in kind.
  • Administering pension schemes for teaching and non-teaching staff.
  • Scrutinising and passing for payment all invoices received in the school.
  • Organising special appeals for capital projects or endowment funds.
  • Keeping analyses of costs and other statistical records.
  • Preparing forecasts for the future financial performance of the school; usually over a period of five years.
  • Preparing financial appraisals of particular projects.
  • Advising on taxation matters generally, including covenants from subsidiary companies to the parent charity and, where appropriate, ensure compliance with regulations for VAT.
  • Advising on the financial implications of the charitable status of the school.
  • Dealing with the school's income tax and rating assessments.
  • Operation of an Advanced (Composition) Fees Scheme.
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