Job
Description
Key Responsibilities: Financial Management: Oversee day-to-day financial transactions and bookkeeping. Prepare monthly, quarterly, and annual financial statements and reports. Assist in annual budgeting and monitor budget implementation and variances. Maintain accurate records of all school income and expenditure. Fees & Billing: Manage the student fee collection system, including timely invoicing, receipts, and reconciliation. Handle fee defaulters and coordinate with parents/guardians on payment issues. Maintain confidentiality and accuracy in fee data and student financial records. Payroll & HR Support: Process monthly payroll for teaching and non-teaching staff, including statutory deductions (PF, TDS, ESI, etc.). Ensure timely disbursal of salaries and maintain related records. Compliance & Audit: Ensure compliance with local education department rules, tax regulations, and statutory reporting. Prepare documents and coordinate with auditors during annual audits. File tax returns (TDS, GST if applicable) on time. Procurement & Vendor Management: Manage accounts payable, process vendor payments, and maintain vendor records. Ensure timely reconciliation of vendor accounts. Support & Coordination: Liaise with school administration, trustees, and external auditors. Support the Principal in financial planning, cost control, and financial decision-making. Requirements: Bachelors degree in Accounting, Commerce, Finance or related field (M.Com or MBA Finance preferred). Minimum of 3 years of relevant experience, preferably in a school or educational institution. Sound knowledge of accounting principles, statutory compliance, and school finance procedures. Proficiency in accounting software (e.g., Tally, QuickBooks, MS Excel). Excellent communication and organizational skills. High level of integrity and attention to detail. Preferred Qualifications: Experience in handling CBSE/ICSE/IB school accounts. Familiarity with school ERP and online fee management systems. Working knowledge of statutory filings (TDS, GST, EPF, etc.).
