Cash Management
Budgeting
• Reconcile the bank statements on a daily basis and advise Bursar that cash is available to meet committed expenditure; • Manage petty cash ensuring that all cash payments are supported by receipts and that sufficient cash is available for ad-hoc needs, reconciling the balance monthly and journaling all entries correctly.
• Assist the Bursar in preparing information for budgeting, including actual expenditure for current year and forecasts for coming year; • Work with budget holders to propose future year’s budget for review by the Bursar and approval by the SLT and Directors;
• Work with the budget holders to assist them in managing their expenditure.
Business Information
General Accounts
• Prepare the monthly management accounts, running the pre-set routines and amending these routines as necessary to provide the required information; • Assisting the Bursar in analysing major areas of expenditure and based on this analysis, identifying where costs can be saved without a negative impact on quality.
• Reconcile control accounts to ensure that they align with detailed accounts;
• Prepare all year-end journals, accruals and prepayments, recording these accurately on the system and running year-end routines; • Maintaining the ‘Fixed Asset Register’ in the form agreed by auditors and prepare schedules of Fixed Assets and depreciation as required.
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