• British Council Kuwait Careers | Exams Finance Officer

    British Council Kuwait Careers | Exams Finance Officer

    Location: Mansouriya, Kuwait

    Job Description

    British Council Kuwait is recruiting an Exams Finance Officer to be part of the exams team. The core job is to carry out day-to-day duties pertaining to exams financial operations and financial data analysis for planning. Assist the country exams team and core finance teams with administration and financial management of exams products, programmes and projects.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

      Financial Duties

    • Responsible for country-wide exams revenue recognition and recording journal entries in SAP

    • Support Operations team in completing the revenue reconciliation reports for each exam product and give revenue assurance against exam conducted with sign off from management within agreed timeline.

    • Responsible for preparing and executing monthly and yearly closing procedures by posting revenue and expenditure accruals and deferrals in the period of activity. Ensure period end results are in line with plan / forecast and provide variance analysis where required.

    • Ensure financial transactions and documents are recorded in files and folders with appropriate indexing and naming for management reporting and audit tracking.

    • Manage accounts receivable and aged debt recovery by invoicing, tracking and maintaining follow-up correspondence with various local and international business partners for any exam conducted on credit.

    • Process board invoice payables to UK exam boards by performing invoice reconciliation and verification in coordination with exams operations teams.

    • Process exams refunds to candidates along with other off-system vendor payments by correctly following existing SOPs and ensure due diligence.

    • Responsible for preparing and submitting Cash Flow Forecast on a monthly basis, along with explanations of variance with actuals and possible reasons for re-forecasting future months in order justify adjustments made.

    • Risk Management and Audit

    • Support in internal and external audit review by furnishing appropriate documentary evidences, approvals and explanations within close timelines.

    • Assist in the implementation of audit recommendations.

    • Ensure compliance with finance policy.

    For more Information about your role, Kindly check the following Document Role Profile

    Job Requirements

    • Degree/Diploma in Finance / Accounting

    • 2 years of experience in finance

    • Understanding of financial accounting and reporting

    • Fluency in written and spoken English – B2 level

    Job Details

    Company/Organization: British Council

    Employment Type: Full-time

    Job Location: Mansouriya, Kuwait

    Salary/Compensation: KWD 480 per month

    Contract Duration: Indefinite Contract