Senior Accountant

Job Overview

1. Financial Planning & Budgeting

Develop financial models to forecast revenue and expenses for different intakes.
Assist management in budgeting for marketing, recruitment, and operational costs.
Evaluate the financial feasibility of partnerships and new business initiatives.

2. Training on Payment Methods & Payment GatewaysEducate counselors on the various tuition fee payment methods, such as:

Bank transfers (Wire transfers, SWIFT payments)
Online payments via credit/debit cards
International payment platforms (Flywire, Western Union, PayMyTuition, TransferWise, etc.)
University-specific payment portals
Explain the advantages and risks associated with each payment method (e.g., processing time, transaction fees, exchange rates).
Provide guidance on handling refund policies, installment plans, and penalty clauses for late payments.

3. Coordinating with Payment Gateway Vendors

Work with third-party payment gateway providers to facilitate smooth fee transactions.
Ensure counselors understand the process of verifying secure and compliant payment gateways.
Educate counselors on currency conversion rates, transfer fees, and expected delays in international payments.
Assist in resolving payment-related queries and disputes between students, universities, and financial service providers.

4. Revenue & Cost Analysis

Monitor revenue from university commissions, student applications, and additional services.
Track and optimize operational expenses to improve profitability.
Assess the financial impact of different recruitment strategies.

5. Compliance & Risk Management

Ensure financial transactions comply with local and international regulations.
Mitigate financial risks related to foreign exchange, payment delays, and fraudulent applications.
Assist in audit preparations and financial reporting for compliance purposes.

6. Business Performance Analysis

Provide counselors with financial data to improve student enrollments and optimize revenue.
Analyze market trends, university commission structures, and student payment behaviors.
Generate reports on enrollment trends, financial performance, and return on investment (ROI).

7. Vendor & Partner Financial Coordination

Manage invoicing and commission payments with universities and financial partners.
Work with financial institutions to facilitate smooth transactions for tuition and service fees.
Negotiate financial terms with external stakeholders to maximize profitability.

8. Fund Management & Forex Handling

Advise counselors on tuition fee payment methods and forex exchange procedures.
Ensure smooth fund transfers between students, universities, and financial partners.
Collaborate with forex providers for cost-effective international transactions.