Account Executive

4 weeks ago

Mumbai, Maharashtra, India LEAD Group Full time

Key Responsibilities:

● Maintain and manage the school's fee register, ensuring accuracy and timely updates.

● Handle student fee entries, adjustments, and follow-ups on pending payments.

● Reconcile all school fees with bank transactions, ensuring accurate reflection in both systems.

● Handle all banking transactions, ensuring proper reconciliation of accounts.

● Maintain relationships with bank representatives, ensuring compliance with KYC requirements and timely updates to account-related information.

● Follow up on Right to Education (RTE) refunds, ensuring accurate filing and record-keeping.

● Ensure compliance with statutory regulations and maintain proper documentation for audits and reporting.

● Maintain an accurate inventory of school supplies and materials.

● Regularly audit stock levels to ensure optimal stock, avoiding overstock or shortages.

● Coordinate with procurement to restock supplies, ensuring cost efficiency and timely availability.

● Prepare and manage regular MIS reports on school financials, including fee collections, outstanding payments, and expenses.

● Monitor and update cost projections, ensuring alignment with the school's budget and financial goals.

● Share regular reports and updates with senior management and school heads for informed decision-making.

Ideal Experience Profile:

● Bachelor's degree in Accounting, Finance, or related field.

● Experience in school accounting or similar educational institutions is preferred.

● Strong knowledge of bank reconciliation, statutory compliance, procurement processes, stock management, and MIS reporting.

● Excellent communication skills for coordination with multiple stakeholders.

● Proficiency in Tally, Excel, Google Sheets, and financial reporting tools.

● Detail-oriented with strong organizational skills.

● Ability to manage multiple tasks efficiently.

● A proactive attitude towards problem-solving and process improvement

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