Branch Accountant

Role & responsibilities

Fee Collections

• Collection of fee from parents as per modes present in the branch for Orchids and school shop Pvt. Ltd
• Issuing the receipt after fee collection
• Updating the concession as per the policy (any concession out of the policy needs to be updated only after approval)
• Keeping a track of bounced Cheque and collecting fine as per the directions of the management
• Blocking/Unblocking students as per due status and making sure fine is collected for all applicable students
• All collections need to be updated in the ERP software and the Daily Collection Report (DCR) on a daily basis
• Fee due follow ups through calls, bulk SMSs, etc.

Payments

• Vendor payments to be done in accordance with the compliance policies
• Understanding of all aspects with respect to vendor payments and petty cash payments
• Ensuring selection of appropriate account heads for recording expenses
• Very important to understand the basics of TDS & GST
• For more than 5000 payment, send to central office to process by Cheque or online on weekly basis

JODO

• Explain the functioning of JODO third party app to Parents
• Explain the EMI options to Parents

Reconciliation

• Reconciliation of daily collections & expenses at the branch has to be done on a daily basis with respective modes of transactions (Cash/Cheque/Online/POS/Internet).

Database Maintenance

• Should make sure all the students present are active in the system in the respective branch.
• All students taking transport should be assigned a transport Facility.

Operation Manager Works

• Total paid and due report twice a day
• Daily Collection Report with percentage (including one shot and installment wise)
• Collection report with counts (For Ex - How many students paid for 1st isnt, 2nd Inst and 3rd Inst, one shot paid and Books paid count.)
• Active Strength for the AY
• Daily Collection Report with student details
• Google sheet updating for the same Books and uniform paid data along with the student details as well as count details.