Chief Accountant

Chief Accountant

Location: Rainbow International Group of Companies

Reports To: Chairman

Type: Full-time

Position Overview:

We are seeking an experienced and detail-oriented Chief Accountant to lead and manage the schools accounting and financial operations. The ideal candidate will be responsible for overseeing the financial health of the organization, ensuring compliance with statutory requirements, and providing accurate financial reporting to aid strategic decision-making. This role requires integrity, strong analytical skills, and a solid background in accounting and financial management.

Key Responsibilities:

1. Financial Management & Reporting

Prepare monthly, quarterly, and annual financial statements and reports.

Ensure accurate and timely recording of all financial transactions.

Monitor and manage the school’s budgets, forecasts, and expenditures.

Conduct variance analysis and recommend corrective actions.

2. Compliance & Audit

Ensure full compliance with applicable statutory laws and internal policies.

Coordinate and facilitate annual audits with external auditors.

Maintain accurate records for tax filings, statutory dues, and compliance reports.

3. Payroll & Reconciliation

Oversee payroll processing in collaboration with HR.

Ensure timely reconciliation of all bank accounts, receivables, payables, and ledgers.

Handle TDS, GST, PF, PT, and other statutory deductions and filings.

4. Team Leadership & Coordination

Supervise and mentor junior accountants or accounts staff.

Collaborate with other departments such as HR, Procurement, and Administration for smooth operations.

Recommend and implement process improvements for efficiency.

5. School-specific Financial Oversight

Track and report on tuition fee collections, scholarship disbursements, and other school-specific revenue streams.

Coordinate with the Admissions and Administration teams for fee-related policies.

Support financial planning for events, infrastructure, and resource allocation.

Technical Skills:

Proficient in Tally Prime, MS Excel, and accounting software

Sound knowledge of Indian Accounting Standards, GST, TDS, PF, ESI compliance

Familiarity with school fee management systems or ERPs is desirable

Strong analytical, organizational, and communication skills

High level of integrity and attention to detail.

Working Days: Monday to Saturday.

Contact HR : +919920430073