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Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Accountant Cashier - Kuwait College of Science and Technology-Jobs in Kuwait - career in Kuwait - vacancies in Kuwait
- Handle petty cash and main cash on daily basis by ensuring the payments and receipts are appropriate.
- Generate daily petty cash balance report along with proper denominations and get verified by Chief Accountant.
- Follow the petty cash policy of the department.
- Prepare main cash statement on daily basis with relevant receipts which will act as a proof to reconcile the amount to be deposited in banks.
- Maintain safe custody of cash on daily basis up to an extend of KD 5000.
- Collect fees from students and issue receipts.
- Hands on knowledge about the various receipt books maintained by the department such as tuition fee receipt book (semester wise), application fees book, registration fees book, transfer of credit book, other income and miscellaneous income book for receipts from commercial outlets.
- Maintain records on accounts, receipts and payments, credit for scholarship, adjustment for advances, referral incentives for students etc.
- Maintain records for withdrawal, deferred etc. and follow the refunds process with all necessary approvals.
- Maintain and update all records of student wise installment cases.
- Ensure all the payments carried out must be dually approved by finance manager as well as president.
- Perform revenue reconciliation and also make sure the movement of deferred revenue to revenue recognition on monthly basis.
- Release charges from SIS to AX and ensure before and thereafter proper mapping with concern GLs are done.
- Prepare report on student receivables on monthly basis considering 1st of every month being the deadline.
- Prepare AR report on monthly basis; reconcile with AX/SIS and discuss with chief accountant.
- Follow up with students on fees payment at least a week before due date.
- Collect the fees and deposit in KCST’s account.
- Update outstanding fee records which is very important for monitoring the receivables. (Excel sheet maintained till date needs to be updated)
- Any dishonored cheque has to be immediately brought to the notice of Chief Accountant so that necessary steps can be taken.
- Ensure to get update from admission department and other department relevant to the profile.
- Documents have to be maintained properly relating to withdrawal forms, deferred forms, registration forms and all other forms relating to admission, refund etc.
- Perform clerical functions to support supervisors.
- Distribute cash salaries to the employees.
- Any other assignment time to time assigned by Finance Manager
Job Details
| Posted Date: |
2020-12-02 |
| Job Location: |
Al Jahra, Kuwait |
| Job Role: |
Administration |
| Company Industry: |
Primary, Prep, & Secondary School |
Preferred Candidate
Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Accountant Cashier - Kuwait College of Science and Technology-Jobs in Kuwait - career in Kuwait - vacancies in Kuwait
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