Finance Officer

Financial Duties:

• Monitor running cost expenditure (including devolved budgets) against agreed budgets; perform weekly/monthly line item checks Identify any discrepancies in the financial reports
• Validate & process all Off-line Payments before submitted to Financial Controller.
• Park/post Transfer & Refund payments on SAP and reviewing supporting documentation to ensure it is done according to exams refund policy and Exams internal refund process.
• Ensure the correct WBS’s and GLs are used to post expenses and Income. Responsible for parking/posting corrective journal entries where necessary
• Debts over 30 days are chased and up-to-date information maintained according to Debtor Policy.
• Preparation & post monthly accruals, support preparation of cash flow forecasts, and planning and forecasting exercise
• Prepare Exams Income reconciliation reports and ensure they are completed on time and in the format assigned comparing the expected income to the cash collected.
• Identify exams bank income both GBP and local currency and take appropriate steps to match and maintain the Business Partner Account
• Create board PRs on SAP and ensure P2P compliance within exams team, work closely with PO releaser and Market Place to ensure all transactions are in line with procurement policy & Controls.
• Validate ESO’s confirmation on each examination board invoice against schools registration report, and sales Invoices sent to schools in order to make the mirroring between income & Expenditure
• Make GR for examination board PO lines on the system based on the above-mentioned process & after getting the confirmation of receiving the service from the operational officers
• Match the board fee invoices with the sales invoices issued to the customers to make sure that the related income has been collected before processing the board fee invoices
• Scan Board fee invoices & send it to HUB team in order to be IR-ed & paid on its due date
• Filling all examination boards POs, invoices & supporting documents for further P2P process audit.
• Report & Process all Exams Board Fee accruals on SAP after verifying with operational Managers Finance Manager & according to approval limits in DA.
• Report & Process All Exams Agency income/Board fee accruals on SAP according to the agreed process for these kinds of expenditures.
• Validate discount / free places transactions during preparing reconciliations to ensure all exams discount are in line with discount policy.

• New customers creation/amendments requests.

• Provide support to the Egypt Finance and Exams teams in all of the above areas, as directed by Exams Finance Manager.

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.