Finance Officer

Job Purpose

Main Duties And Responsibilities

• Collect payments (cash, cheques, credit cards) and conduct cash-based account receivables transactions in a timely manner as per RIT Dubai policies and procedures and ensure timely issuance of all receipts.
• Create, post and record cash related transactions accurately on the ERP system/financial templates and ensure records are maintained and archived for ease of reference and retrieval.
• Raise telegraphic / bank transfer / direct bank deposit receipts as per accounting requirements.
• Tally transactions on a day-to-day basis and reconcile balances to provide accurate cash statements for accounting purposes.
• Review and reconcile all cash transactions and coordinate bank deposits (cash and cheque deposits) and issue journal vouchers.
• Responsible for daily cash and cheque deposits to the bank.
• Support the preparation and submission of student account statements as and when required.
• Greet visitors/students and provide accurate information and direction accordingly to help as needed regarding payment of student fees.
• Issue finance information related letters to students / parents as per operational requirements.
• Address and respond to finance and payment related queries from students.
• Track and monitor the status of payments received and follow up with relevant students/parties to address any delays and/or recover any outstanding amounts (i.e., review and verification of student documentation).
• Prepare and communicate the fees schedule for students as and when needed in line with RIT Dubai policies and procedures.
• Implement cash-related policies to ensure proper and adequate control measures are in place for cash management and cash related transactions.
• Ensure that the counter/cash area is always manned during hours of operations to avoid any theft/malpractice to safeguard the University’s cash.
• Maintain the cashier area to ensure conformance to defined protocols and standards to provide high standards of customer service and support to students.
• Assist in the financial audit process by preparing and submitting financial data and information as and when required.
• Review, verify and record all student information on the ERP system/financial templates and ensure records are maintained and archived for ease of reference and retrieval.
• Responsible for verifying and recording the payment plan for all students.
• Act as a focal point to monitor, organize, address and respond to all finance related queries submitted to the finance department mailbox.
• Required to attend admissions ‘open days’ as and when required.
• Assist the Senior Finance Officer with preparation of reports and other work requirements as and when required.
• Assist the Accountant and Finance Manager – Receivables with yearly scholarship and financial aid applications (new applications and renewals).
• Ensure compliance with all relevant (internal and external) regulations including QHSE requirements using RIT policies and procedures as appropriate.
• Perform other tasks and duties as assigned / needed in order to meet the requirements of the role and the goals of the Institute.

Required Minimum Qualifications

• Bachelor’s degree from an Accredited University in Finance or Accounting.
• Bilingual, excellent command of English Language.
• Minimum of 1 year of working experience in accredited higher education universities or similar function.
• Flexible on working hours (Including weekends and evenings if needed).
• Excellent communication and interpersonal skills (verbal and written).
• Ability to represent the University in a professional manner.

Application Procedure

• Please email your application to
• [email protected] and include the following in your application:
• Subject line must include the source, your name and position you are applying for;
• (Name – Finance Officer)
• Cover letter detailing your technical/professional, teaching, and scholarship qualifications and achievements
• Resume or curriculum vitae
• Contact information
• Applications review will begin immediately and continue until a candidate is selected.
• Only shortlisted candidates will be contacted.
• For more information, please visit RIT Dubai website: www.dubai.rit.edu.