Finance Manager

Manager – Finance & Accounts (Education Industry)

Location: Mumbai

Department: Finance & Accounts

Employment Type: Full-Time

Experience Required: 3–5 years

Qualification: Chartered Accountant (CA)

Job Overview

We are looking for an experienced Assistant Manager – Finance & Accounts to manage and

streamline financial operations in an educational institution. The ideal candidate will be a Chartered

Accountant with strong analytical skills, hands-on experience in accounting and compliance, and a

solid understanding of financial processes in the education sector.

This role involves managing budgets, fee accounting, financial reporting, audits, and compliance to

ensure transparent and efficient financial management that supports the institution’s academic and

operational goals.

Key Responsibilities

 Oversee end-to-end financial operations, including accounting, reporting, and fund flow

management.

 Prepare and analyze monthly, quarterly, and annual financial statements and MIS reports.

 Manage budgeting, forecasting, and variance analysis for academic and operational

departments.

 Ensure compliance with statutory, tax, and educational board financial regulations.

 Supervise fee collection, student billing, and reconciliation of receipts.

 Coordinate with auditors (internal/external) and ensure timely completion of audits.

 Manage accounts payable (vendor payments) and accounts receivable (fee management)

processes.

 Support month-end and year-end closing activities, ensuring accuracy and timeliness.

 Implement and maintain internal financial controls, ensuring transparency and

accountability.

 Assist management with financial planning, cost optimization, and resource allocation

strategies.

Required Qualifications & Experience

 Chartered Accountant (CA) qualification is mandatory.

 3–5 years of experience in finance and accounting, preferably in the education sector or

service-based organizations.

 Strong knowledge of accounting standards (Ind AS/IFRS), GST, TDS, and compliance

requirements.

 Experience in budget management, audit coordination, and financial reporting.

Technical Skills

 Accounting Software: QuickBooks, SAP, Tally ERP, or equivalent.

 Financial Tools: Advanced Excel (Pivot Tables, VLOOKUP, MIS Dashboards).

 Familiarity with student fee management systems or ERP used in education institutions

(e.g., Fedena, Entab, or similar).

Core Competencies

 Financial Planning & Analysis (FP&A)

 Educational Budgeting & Cost Control

 Statutory & Regulatory Compliance

 Fee Management & Reconciliation

 Audit Coordination & Reporting

 Vendor & Payable Management

 Internal Controls Implementation

 Analytical and Decision-Making Skills

 Accuracy, Integrity, and Confidentiality