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Home Jobs Lagos Financial Accountant for Educational Institutions

Financial Accountant for Educational Institutions

Jobs Nigeria

Full Time Lagos
Lagos
Deadline: 12 June 2026
Posted June 8, 2026

The School Accountant at Wellspring College oversees the institution’s financial activities with precision, accountability, and adherence to ethical standards. This position upholds responsible resource management by maintaining accurate financial records, producing timely reports, and ensuring compliance with established financial regulations. A strong candidate will demonstrate self-discipline, integrity, and meticulous attention to detail while aligning with the core values of Wellspring College.

Oversee and execute a comprehensive range of duties encompassing strategic planning, team leadership, and operational management, ensuring alignment with organizational objectives and fostering a high-performance culture. Spearhead the development and implementation of innovative initiatives to drive efficiency, productivity, and sustainable growth across assigned departments. Collaborate closely with cross-functional teams to monitor performance metrics, identify opportunities for improvement, and implement data-driven solutions. Serve as a primary liaison between senior management and staff, facilitating clear communication and ensuring adherence to company policies and industry regulations. Additionally, mentor employees through coaching and professional development programs to cultivate talent and enhance workforce capabilities.

Responsible for overseeing financial operations, maintaining accurate records, and ensuring compliance with accounting standards to support informed decision-making and organizational transparency.

Ensure the precision and currency of financial records, ledgers, and accounts through meticulous maintenance.

Responsibilities include managing the processing of invoices, receipts, payments, and reimbursements.

Compile monthly, quarterly, and annual financial statements for executive review.

Maintain accurate records and organize all financial transactions through proper documentation and filing systems.

Develops, monitors, and oversees financial plans, budgets, and forecasts to ensure alignment with organizational goals, providing strategic insights and recommendations for resource allocation. Collaborates with leadership teams to establish budgetary guidelines, identify cost-saving opportunities, and optimize financial performance. Conducts variance analyses to assess budget deviations, offering data-driven solutions to maintain fiscal discipline. Ensures compliance with accounting standards and regulatory requirements while preparing accurate financial reports for stakeholders.

Provide support in the development of yearly budgetary plans and financial forecasts.

Track expenditures in comparison to approved budgets and prepare detailed variance reports highlighting discrepancies and ensure financial compliance.

Provide strategic guidance to school leadership regarding financial performance and cost management initiatives.

Oversee the comprehensive management of school fees and revenue streams to ensure financial accuracy, compliance with policies, and timely collection. Develop and implement robust billing systems, maintain precise financial records, and analyze revenue trends to support informed decision-making. Collaborate with administrative teams to reconcile accounts, address discrepancies, and optimize cash flow. Ensure adherence to regulatory requirements and institutional financial guidelines while providing transparent reporting to stakeholders. Monitor delinquent accounts, implement collection strategies, and liaise with families to facilitate timely payments. Additionally, generate detailed financial reports to track performance, forecast revenue, and identify opportunities for improvement.

Manage student billing, fee collection, and receipting.

Monitor overdue payments and promptly contact parents or guardians to address outstanding balances with professionalism and courtesy.

Reconcile all fee accounts with meticulous attention to ensure precise revenue reporting.

The position requires meticulous oversight of financial transactions, ensuring accurate reconciliation of accounts and alignment with established banking records. Key responsibilities include monitoring deposits, withdrawals, and transfers, as well as verifying discrepancies to maintain financial integrity. Proficiency in banking systems, attention to detail, and strong analytical skills are essential for identifying and resolving inconsistencies. The role demands adherence to regulatory standards and internal policies to uphold compliance and operational efficiency. Candidates must possess prior experience in reconciliation processes and a solid understanding of accounting principles to effectively manage financial data.

Prepare and verify bank reconciliations for all school accounts to ensure accuracy and alignment between internal records and financial statements.

Process bank deposits, transfers, and withdrawals.

Responsible for ensuring accurate and timely processing of employee compensation while maintaining strict adherence to statutory regulations. Duties include managing payroll systems, calculating wages, deducting taxes, and ensuring compliance with labor laws and reporting requirements. Requires strong attention to detail, proficiency in payroll software, and knowledge of employment legislation.

Compile monthly payroll data for staff, verifying precision and maintaining strict confidentiality throughout the process.

Responsibilities include computing and submitting statutory deductions such as PAYE, pensions, and taxes in accordance with regulatory requirements.

Maintain adherence to financial regulations, audit standards, and institutional policies to ensure full compliance.

Conducts comprehensive audits and ensures strict adherence to regulatory standards and internal policies to identify risks, evaluate controls, and verify compliance across all operational areas. Maintains meticulous documentation of findings, communicates discrepancies to management, and recommends corrective actions to enhance governance frameworks. Collaborates with cross-functional teams to implement compliance initiatives and stays current with evolving regulatory requirements to mitigate potential liabilities.

Facilitate internal and external audits by compiling and organizing necessary schedules and documentation.

Enhance financial systems by executing audit recommendations to bolster their robustness and compliance standards.

Ensure the confidentiality of all financial information with the utmost integrity.

Seeking a candidate with a Bachelor’s degree in Computer Science, Engineering, or a related field, along with a minimum of three years of experience in software development. Proficiency in programming languages such as Java, Python, or C++ is required, alongside familiarity with frameworks like Spring or Django. Strong problem-solving abilities, excellent communication skills, and a collaborative mindset are essential. The ideal applicant will demonstrate experience in system design, debugging, and optimizing performance. Knowledge of cloud platforms (e.g., AWS, Azure) and DevOps practices is a plus. Responsibilities include developing scalable software solutions, conducting code reviews, and mentoring junior developers.

A bachelor’s degree in Accounting, Finance, or a closely related discipline is required.

Professional certification or partial qualification, such as ICAN or ARCA, offers an additional competitive edge.

Requires demonstrated expertise in bookkeeping or accounting, ideally within an educational setting.

Demonstrates advanced expertise in accounting software applications and Microsoft Excel, with a focus on leveraging these tools for accurate financial management and reporting.

Proficient in analytical reasoning, meticulous organization, and clear reporting is required.

We are seeking candidates who demonstrate exceptional integrity, strong self-discipline, and meticulous attention to detail.

Excellent verbal and written communication skills, along with the ability to collaborate effectively with diverse teams and stakeholders, are essential. Strong interpersonal abilities to build rapport and foster positive working relationships are required.

Personal Attributes

Maintains a high standard of integrity, reliability, and responsibility in all professional interactions and decisions.

Maintains strict confidentiality and ensures adherence to professional standards at all times.

Exhibits a robust professional work ethic and consistently delivers projects on schedule while meeting all established deadlines.

Respectful, collaborative, and embodying the core values of Wellspring College.

Qualified individuals seeking this opportunity are encouraged to submit their CV via email to hr@wellspringcollege.org, with the specific position clearly indicated in the subject line.

Qualifications

BA/BSc/HND

Experience Required

5 - 8 years

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