Accounts Receivable (A/R) Accountant
Job Purpose:
The Accounts Receivable (A/R) Accountant is responsible for managing student accounts, processing receivable transactions, maintaining accurate financial records, and ensuring timely collection and reconciliation of outstanding balances, and ensuring compliance with EUI policies and financial procedures.
Reporting To: Accounts Receivable Supervisor / Finance Manager.
" Apply through the link below "
Key Responsibilities:
• Process and record daily accounts receivable transactions and prepare accurate accounting entries.
• Maintain student and customer accounts to ensure accurate and up-to-date records.
• Assist students and parents with payments, account balances, refunds, and financial inquiries.
• Handle walk-in visitors, emails, and phone calls professionally and efficiently.
• Review and reconcile daily bank transactions and update receivable accounts accordingly.
• Verify payment receipts and ensure proper allocation of payments.
• Review journal entries, bank transactions, and grant-related receivable entries for accuracy.
• Monitor outstanding balances and support collection activities.
• Prepare receivable aging reports and management reports as required.
• Support month-end and year-end closing activities.
• Ensure compliance with accounting standards, internal controls, and university regulations.
• Coordinate with Admissions, Registrar, Student Affairs, and other departments to resolve financials-related issues.
• Participate in process improvement initiatives and automation efforts.
• Perform other duties as assigned within the scope of the position.
Qualifications:
• Bachelor’s Degree in Commerce, Accounting, Finance, or a related field.
• 1–3 years of experience in Accounts Receivable, Accounting, or Finance.
• Experience in Higher Education institutions is preferred.
• Strong understanding of accounting principles and receivable processes.
• Advanced proficiency in Microsoft Excel and Microsoft Office applications.
• Experience with ERP systems and accounting software; SAP experience is an advantage.
• Proven customer service experience, including face-to-face interactions.
Core Competencies:
Technical Competencies:
• Accounts Receivable Management
• Financial Reconciliation
• Journal Entry Processing
• ERP Systems and Financial Applications
• Reporting and Data Analysis
Behavioral Competencies:
• Customer Focus
• Communication Skills
• Attention to Detail
• Accountability and Integrity
• Time Management
• Teamwork and Collaboration
• Problem Solving
Key Performance Indicators (KPIs)
• Accuracy rate of receivable transactions.
• Timeliness of bank reconciliations.
• Percentage of outstanding receivables collected.
• Number of unresolved student account issues.
• Compliance with audit and financial control requirements.
• Timely completion of month-end closing activities.
Application Instructions:
Applications will be reviewed until the positions are filled.