We are seeking a detail-oriented and proactive finance professional to join our educational institution. The ideal candidate will be responsible for managing various financial operations including fee management, payroll processing, bookkeeping, budgeting, and compliance. This role requires familiarity with ERP systems and strong proficiency in Microsoft Excel to ensure accurate and efficient financial management. The position is based on-site and offers a competitive monthly salary.
Key Responsibilities
ERP System Management: Utilize the ERP system effectively to manage financial data and processes. Demonstrate strong command of Microsoft Excel for data analysis and reporting.
Fee Management: Oversee student tuition billing, issue challans, track payment receipts, manage fee arrears, and reconcile collection accounts to maintain accurate records.
Payroll Processing: Execute monthly payroll for staff in accordance with the institution’s policies, ensuring timely and accurate salary disbursements.
Bookkeeping and Ledgers: Maintain general ledgers, record daily cash flows, manage accounts payable and receivable, and perform monthly bank reconciliations to ensure financial accuracy.
Budgeting and Reporting: Assist in the preparation of the annual budget, monitor departmental expenditures, and generate monthly profit and loss statements as well as cash flow reports.
Audit and Compliance: Prepare necessary financial documents for annual audits, ensure compliance with tax regulations, and adhere to the educational financial payments calendar.
Required Qualifications
Education: Bachelor’s degree in Accounting and Finance, M.Com, MBA, ACCA, or CMA certification.
Experience: Minimum of one year of relevant experience within the education sector, demonstrating familiarity with financial operations in an academic environment.
Preferred Qualifications and Benefits
While not explicitly stated, candidates with advanced certifications such as ACCA or CMA and prior experience using ERP systems in educational institutions will be preferred. The role offers a monthly salary ranging from Rs50,000 to Rs60,000 and requires working in person at the institution’s location.
This position is ideal for candidates looking to apply their financial expertise in a dynamic educational setting, contributing to the institution’s operational efficiency and financial integrity.