We are looking for a meticulous and skilled finance professional to join our educational institution. The successful candidate will have a solid foundation in accounting and finance, with practical experience in managing ERP systems and advanced proficiency in MS Excel. This role is critical in ensuring the smooth operation of financial activities, including fee management, payroll processing, bookkeeping, budgeting, and compliance, thereby supporting the institution’s financial integrity and operational efficiency.
Key Responsibilities
ERP System Management: Efficiently operate and maintain the ERP system to ensure accurate data entry and timely financial reporting. Utilize advanced MS Excel skills to assist with financial analysis and data management.
Fee Management: Manage all aspects of student tuition billing, including issuing challans, monitoring payments, managing fee arrears, and reconciling collection accounts to maintain precise financial records.
Payroll Processing: Execute monthly payroll for staff in line with institutional policies, ensuring salaries are processed accurately and on time.
Bookkeeping and Ledgers: Maintain general ledgers, document daily cash flows, oversee accounts payable and receivable, and perform monthly bank reconciliations to guarantee financial accuracy and transparency.
Budgeting and Reporting: Support the preparation of the annual budget, track departmental expenditures, and generate monthly financial reports such as profit-and-loss statements and cash flow statements to aid management decisions.
Audit and Compliance: Prepare financial documentation required for annual audits, ensure adherence to tax regulations, and comply with the educational financial payments calendar to meet statutory obligations.
Required Qualifications
A Bachelor’s degree in Accounting & Finance, M.Com, MBA, ACCA, or CMA is essential. Candidates should have at least one year of relevant experience within the education sector. Proficiency in ERP systems and advanced MS Excel capabilities are required. A strong understanding of fee management, payroll, bookkeeping, budgeting, and audit procedures is necessary to succeed in this role.
Compensation and Work Location
The role offers a competitive monthly salary ranging from Rs50,000 to Rs60,000. This position requires the candidate to work on-site at the institution, ensuring close collaboration with various departments and hands-on management of financial operations.
This position presents an excellent opportunity for finance professionals eager to apply their expertise in an educational setting, contributing to the institution’s financial health, compliance, and overall success.