Associate - Accounts Receivables

The role at ISB in Finance is crucial for overseeing and managing the financial operations of the institute. This includes handling legal matters and ensuring compliance with statutory regulations. As an Associate Finance, reporting to the Manager - Finance (Accounts Receivables), your responsibilities involve accurately accounting for fee receipts, managing student debit notes, invoicing customers, handling customer money receipts, and assisting with student exit formalities. You will be tasked with verifying fee receipts, reconciling them with bank accounts, sales orders, and customer agreements, as well as ensuring accurate accounting of customer receipts and TDS certificate receipts. It is essential to validate the accuracy of transactions, obtain necessary approvals as per school policies, fee schedules, and customer agreements, and verify supporting documents to maintain accounting integrity. Determining appropriate account heads, entering transactions in SAP, and seeking approvals from the reporting manager are also part of your duties. Adherence to established accounting processes and school requirements is paramount in ensuring all transactions are accurately recorded. Your role involves responding to student queries promptly, offering clarification on fee receipts, debit notes, invoices, and receipts, and providing information to other departments when required. Additionally, you will support and assist team members as needed. **Qualifications and Skills:** - Education: B.Com / M.Com / MBA - Skills: Interpersonal skills, effective communication, basic accounting knowledge, coordination, attention to detail, time management, proficiency in SAP and MS Office **Experience:** - 2 to 4 years of relevant experience **Key Responsibilities:** - Accounting for student fee receipts, debit notes, and addressing student queries - 55% - Managing invoices, customer receipts, and TDS receipts - 35% - Ensuring accurate accounting practices, adherence to school policies, and supporting team members - 10% **Key Result Areas (KRA):** - Maintain error-free books of accounts - Timely and accurate record keeping - Compliance with accounting standards **Key Performance Indicators (KPI):** - Addressing queries from other departments with timely and accurate information - Ensuring two-way communication effectiveness **Job Interface/Relationships:** **Internal:** Departments related to customers, students, scholarships, sponsors **External:** Customers In this role, your contributions will be essential in maintaining the integrity of the institute's financial records and supporting the smooth operation of the Finance department.,