Accounts Head

A Deputy General Manager (DGM) of Finance and Accounts in a school or educational institution manages the financial operations, legal compliance, budgeting, and accounting teams, usually reporting to the Financial Controller, Director of Finance, or School Board. Role Summary

• Position: DGM - Finance and Accounts
• Level: Senior Management (One step below the General Manager or Chief Financial Officer)
• Core Purpose: To turn institutional financial policies into daily accounting processes, maintain audit-ready books, manage cash flows, and ensure statutory compliance.

Key Responsibilities

• Books & Finalization of Accounts
• Execute and oversee monthly, quarterly, and annual closing of accounts (Trial Balance, Profit & Loss, and Balance Sheet).
• Perform ledger scrutiny, reconcile bank statements, inter-company accounts, vendor ledgers, and student fee receivables.
• Oversee accounts payable and accounts receivable, managing fee collection tracking, refunds, and vendor payments.
• Budgeting & Financial Planning
• Assist school leadership in preparing annual capital and operational budgets.
• Monitor actual expenditures against approved budgets, investigate variances, and report anomalies to management.
• Handle cash flow projections and working capital management to ensure smooth school operations.
• Audits & Statutory Compliance
• Coordinate internal, statutory, and tax audits.
• Ensure timely compliance with local tax laws (TDS, GST, corporate/trust income tax filings), provident fund, and educational regulatory bodies.
• Prepare quarterly limited reviews, MIS (Management Information System) reports, and board/trustee presentations.
• Team Leadership & System Management
• Supervise, mentor, and evaluate the school’s accounting and finance staff.
• Manage ERP and accounting software integrations (such as SAP, Tally, or specialized school management systems).

Qualifications & Requirements

• Education: Qualified CA (Chartered Accountant), ICWA/CMA, or a Master’s degree in Commerce/Finance (M.Com / MBA Finance).
• Experience: Typically 8 to 12 years of progressive experience in finance and accounting, with prior exposure to educational institutions, trusts, or large corporate groups.
• Technical Skills:
• Advanced command over enterprise resource planning (ERP/SAP) and modern accounting packages.
• Deep knowledge of Indian/international GAAP, trust/school accounting standards, and direct/indirect taxation.
• Strong analytical, problem-solving, and cross-departmental communication skill

Regards

Valarmathi

7094455723

Pay: ₹60,000.00 - ₹90,000.00 per month

Work Location: In person