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Senior Finance Manager

Thalun International School
Recruiter active 1 week ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
06 Dec 2021

Experience level

Director and Above

Job Function

Finance, Accounting

Min Education Level

Master Degree

Job Description

Thalun International School is seeking a confident, experienced Financial Professional to lead the finance, accounting and related operations. The successful candidate will be a key member of the small Senior Management Team reporting to the School Director and the Board of Directors.

 

***Duties & Responsibilities****

  • Ensure timely delivery of weekly, monthly and quarterly financial reporting i.e. P&L, Balance Sheet and Cash Flow Statement, highlighting trends and causes of unexpected variances for discussion with the Management team, other supervisors and the Board.

  • Deliver analytical reviews and reports of monthly/quarterly/yearly financial results (P&L, Balance Sheet and Cash Flow Statement), highlighting trends and causes of unexpected variances for discussion with the Management team, other supervisors and the Board.

  • Deliver analytical reviews of current and past trends of Key Financial and Operational KPIs (e.g. Revenues, Margins, etc) for discussion with the Management team, other supervisors and the Board.

  • Deliver financial analysis on challenges and opportunities facing the business and provide monthly reviews of allocated spending against budget. 

  • Manage the roll-out and review of the budget and ongoing review and tracking of forecasts/budgets and costs.

  • Manage and improve finance department systems and processes in order to streamline business operations, meet regulatory standards and build internal/external goodwill with other teams and stakeholders.

  • Ensure that an effective risk management system is in place and take preventive action through regular audits of operations.

  • Manage and improve internal cash requests and internal control processes.

  • Manage and improve weekly and monthly physical cash counts, bank/ card reconciliations and payrolls.

  • Manage and improve monthly revenue and produce Commercial Tax reports, liaising with the tax authorities for monthly CT payments.

  • Manage and improve overseas payment transfers and withholding tax payments where appropriate.

  • Develop, implement and uphold Standard Operating Procedures and processes for the finance team.

  • Ensure timely and accurate statutory audits, annual/quarterly tax filings with the tax authorities.

  • Liaise with group auditor for group auditing report purposes.

  • Develop and compile budgets and forecasts so that the school director and ExCo are given timely and accurate advice on all financial and related business matters.

  • Provide strategic leadership in financial management to ensure the long term sustainability of the school.

  • Be responsible for developing the financial reports, monitoring its performance, ensuring alignment to staffing and finance plans and presenting regular reports to the ExCo.

  • Take a leading role in the securing of funds for the school to achieve its goals and objectives. 

  • Further develop depreciation and monitoring of the asset management programme to enable a funded cycle of replacement for major physical assets.

  • Ensure all financial arrangements are in keeping with the school’s status.

Open To

Repatriate
Male/Female

Job Requirements

  • A minimum of 5 years’ management-level experience in financial accounting or related areas; experience with an international school or in an educational business is an advantage

  • Degree in Accounting, Finance or Economics, or Business Administration and other related fields, preferably CPA completed /ACCA level 3, (minimum level 2 plus half the papers for level 3)

  • Strong finance, tax & audit knowledge 

  • Proficient written and spoken English and Burmese with excellent communications skills 

  • A solid understanding of financial statistics and accounting principles, Myanmar accounting & auditing standards, and Myanmar tax law

  • Able to work under pressure with tight deadlines for the management and financial reports

  • Able to lead and manage the inhouse finance team

  • Minimum two referrals 

***To Apply:***

- Applicants should submit a letter of intent, CV, and contact information for a minimum of 2  (two) professional references to hr@thaluninternationalschool.com.

What We Can Offer

Benefits

- Excellent pay based on experience and qualification

- Enjoy summer, Thingyan, New Year, and other holidays

Highlights

-

Career Opportunities

-

About Our Company

Founded in 2016 in Yangon, Thalun International School (Thalun) is a private college preparatory school for PKG to G12 students. The language of instruction is English, and the school follows a US standards based curriculum guided by American Education Reaches Out (AERO). The academic program is complemented by visual and performing arts, ICT, athletics and variety of co-curricular activities.

In grades 10 to 12 students may elect to take Advanced Placement (AP) classes to support them in applying to colleges and universities around the world. The school currently serves students from 21 different nationalities. We are a small but growing school that sets and supports high academic expectations in a warm, supportive learning community. For more information on our vision, mission and approaches to teaching and learning, as well as the school culture visit our website and please reach out should you have any questions.