School Accountant

International Schools Partnership; Penang; On-site; MYR 50,000 - 70,000; Full time

Job summary

An educational institution in Penang is looking for a School Accountant to support financial operations, reporting, and ensure compliance. The ideal candidate has a degree in Finance or Accounting, at least 3 years of experience, and strong analytical and communication skills. This role offers the opportunity to work collaboratively with the finance team to optimize financial processes and contribute to the organization’s financial health.

Qualifications

• Minimum of 3 years of relevant working experience in finance/accounting.
• Strong attention to detail and accuracy in financial reporting.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Assist in preparing accurate financial statements.
• Manage day-to-day accounting operations.
• Ensure compliance with financial regulations.

Skills

Strong understanding of financial principles

Proficiency in financial software

Analytical skills

Attention to detail

Effective communication

Problem-solving skills

Education

Bachelor’s degree in Finance or Accounting

Professional certification (ACCA/CPA)

Tools

Netsuite

Microsoft Office

Job description

Description

School Accountant Role Profile

Purpose of the role

The School Accountant will support the Finance Manager in managing financial operations and ensuring accurate accounting practices. This role involves assisting with financial reporting, budgeting, financial analysis, and ensuring compliance with financial regulations. The Accountant will work closely with the Finance team and Regional Finance team to ensure the smooth execution of financial processes and contribute to the organisation’s financial health.

Stakeholders

• Internal: Staff, Senior leadership team and Regional Finance team
• External: Parents and students

Report to: Finance Manager

Key Responsibilities

Financial Reporting and Analysis:

• Assist in preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
• Ensure compliance with accounting standards, company policies, and regulatory requirements.
• Support the Finance Manager in analysing and interpreting financial data.
• Assists in budget preparation and periodic financial forecasts.
• Ensure timely preparation of regional finance reporting package.

Accounts Management:

• Manage day-to-day accounting operations, including accounts payable, accounts receivable, fixed assets, and general ledger functions.
• Day-to-day petty cash management and other banking matters.
• Prepare termly invoices to customer and monitor customer collection.
• Timely and accurate processing of invoices, payments, and reconciliations.
• Ensure accurate and property reconcile of bank and balance sheet reconciliation.
• Manage month-end and year-end closing processes, ensuring all transactions are recorded accurately.

Compliance, Audit and taxation:

• Ensure adherence to internal controls, financial policies, and regulatory requirements.
• Manage E-Invoicing and assist in external audits.
• Assist in preparing Corporate Tax Computation and ensure meeting all the tax obligations.
• Keep up-to-date with changes in tax laws, accounting standards, and other financial regulations.

Cash Flow Management:

• Monitor the organisation’s cash flow, ensuring sufficient liquidity to meet obligations.
• Assist in optimising cash management strategies and reducing financial risk.
• Prepare cash flow forecasts and manage working capital efficiently.

Team Collaboration and Leadership:

• Collaborate with the cross functional stakeholders to ensure seamless financial operations.
• Contribute to cross-functional projects aimed at improving financial processes and systems.
• Work closely with the Regional Finance team as and when necessary.

System and Process Improvement:

• Assist in the implementation and maintenance of financial and accounting systems.
• Identify opportunities for process improvement and efficiency in financial workflows.
• Support the automation of financial processes to enhance accuracy and productivity.

And to undertake any reasonable duty from time to time, as required by the Superior.

Skills, Qualifications and Experience

Education: Bachelor’s degree in Finance, Accounting, or professional certification like ACCA/CPA or equivalent a related field.

Experience: Minimum of 3 years of relevant working experience in finance/accounting.

Skills:

• Strong understanding of financial principles, accounting practices, and tax regulations.
• Proficiency in financial software and tools (e.g., Netsuite and Microsoft Office).
• Excellent analytical, problem-solving, and organisational skills.
• Strong attention to detail and accuracy in financial reporting.
• Effective communication and interpersonal skills.
• Ability to work under pressure, manage multiple tasks and meet deadlines.

ISP Commitment to Safeguarding Principles

ISP is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment.

All post holders are subject to appropriate vetting procedures, including an online due diligence search, references and satisfactory Criminal Background Checks or equivalent covering the previous 10 years’ employment history.

ISP Commitment to Diversity, Equity, Inclusion, and Belonging

ISP is committed to strengthening our inclusive culture by identifying, hiring, developing, and retaining high-performing teammates regardless of gender, ethnicity, sexual orientation and gender expression, age, disability status, neurodivergence, socio-economic background or other demographic characteristics. Candidates who share our vision and principles and are interested in contributing to the success of ISP through this role are strongly encouraged to apply.