Accountant

Position:

• Maintain and manage the

  General Ledger (GL)

  , ensuring all financial transactions are accurately and timely recorded.
• Prepare, analyze, and post

  Journal Entries

  for revenue, expenditure, assets, and liabilities.
• Process and reconcile accounts payable and accounts receivable, including vendor invoices and fee collections (student fees, hostel, mess, etc.).
• Manage and reconcile

  Bank Accounts

  and

  Petty Cash

  transactions regularly.

Compliance and Reporting:

• Assist in the preparation of

  monthly, quarterly, and annual financial statements

  including Balance Sheet, Income & Expenditure Statement, and Cash Flow Statement.
• Ensure compliance with all applicable statutory regulations including

  TDS, GST, Income Tax

  , and other governmental filings relevant to educational trusts/institutions in India.
• Maintain proper documentation and audit trails for all financial transactions, preparing

  audit workpapers

  for internal and external auditors.

Budgeting and Control:

• Support the annual

  budget preparation

  process by gathering data, analyzing financial trends, and preparing projections.
• Monitor departmental expenditures against approved budgets and report on variances to management.
• Implement and maintain

  strong internal controls

  and accounting policies to safeguard university assets.

Liaison and Coordination:

• Interact with students and parents regarding

  fee structures and payment schedules

  .
• Coordinate with other departments (Admissions, Administration, Purchase) to ensure accurate and timely financial data exchange.
• Liaise with the central Finance & Accounts Office of MIT ADT University.

Required Qualifications and Experience

Education:

• Bachelor's degree in

  Commerce (B.Com)

  is mandatory.
• A professional qualification such as

  M.Com, MBA (Finance), or CA Inter/ICWA Inter

  is preferred.

Experience:

• Minimum of

  2-5 years

  of progressive experience in accounting, preferably within a

  university, educational institution, or a large non-profit/trust organization

  .
• Proven experience with

  Tally ERP

  or similar accounting software and excellent proficiency in

  MS Excel

  .
• Knowledge of standard accounting principles

  (GAAP/Ind AS)

  and financial management practices in India.

Desired Skills and Competencies

• Technical Acumen:

  Thorough understanding of financial analysis and reporting.

• Attention to Detail:

  Exceptional precision in data entry and reconciliation.

• Integrity & Confidentiality:

  Ability to handle sensitive financial information with the utmost integrity.

• Communication:

  Strong verbal and written communication skills for interacting with internal and external stakeholders.

• Organization:

  Excellent time management and organizational skills to meet strict deadlines, especially for month-end and year-end closing procedures.