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job description - School Bursar

Job Responsibilities

  • Oversee the financial management of the School including business planning, budgeting and forecasting, financial risk management and asset management of the School’s financial resources;
  • Ensure that financial functions are provided effectively and efficiently for all areas of Olashore International School, including:
  • Preparation of monthly accounts
  • Prepare budgets and recommend fee levels
  • Prepare capital and operating cash flow projections
  • Prepare the Annual Accounts with the Auditors
  • Management of the financial investments of the School
  • Efficient management of the accounts payable and accounts receivable functions
  • Maintenance of the family/student information database
  • Management of bank relationships and overseeing the management of investments and borrowings
  • Manage relationships with pension providers to ensure full compliance with requirements funding
  • Completion of regulatory financial reporting and benchmarking surveys
  • School payroll – efficient and accurate processing of payroll and maintenance of payroll systems and records;
  • Manage the preparation of financial submissions and budgets for the School to optimise funding availability and allocation in line with the School’s directions and needs;
  • Insurance – maintain an efficient and up-to-date insurance portfolio;
  • Reporting – ensure professional, timely and accurate reports are prepared for the School Board and management of the School to facilitate appropriate management and decision making;
  • Meet monthly with Board Chairman, if required;
  • Develop and maintain Accounting policies and procedures;
  • Keep abreast of GST, Fringe Benefits Tax and other tax rulings, including attendance at seminars and liaison with the relevant Government Bodies and the ISV regarding such issues.

Position Requirements
Knowledge and Experience:

  • Degree level qualifications (minimum of Bachelor's Degree);
  • Qualified Chartered Accountant
  • 10 years experience
  • Demonstrated experience as a Bursar within an International School environment;
  • Knowledge and experience in establishing an International School Budget to cater to all aspects of school life;
  • Several years experience in managing the finances in an established International School;
  • Analytical skills, ability to interpret multiple data sets to track the school finances on a term-by-term basis (with an annual overview in mind);
  • Commercially astute with a very good understanding of financial metrics, able to set budgets and able assess future outcomes;
  • Excellent written and verbal communication skills with the ability to communicate positively with parents, staff, students, school providers and external authorities;
  • Good ICT skills (e.g., Word, Access, Excel, PowerPoint);
  • A globally minded person with the knowledge of trends for financial management within an International School context.


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