Finance manager

RV University a leading private university for liberal education based in Bangalore, Karnataka, India. established by the Rashtreeya Sikshana Samithi Trust (RSST), which has over eight decades of experience in higher education system.Position : Finance ManagerPrimary tasks:Student Fee ManagementFee Structure ManagementManagement of Fee DefaultersKotak Bank Fee Collection Link ManagementDemand Creation & Management for Fee CollectionMIS reports for ManagementReconciliation of Bank AccountsReconciling and updating Students with SLCM to SAPNew Admission Related WorksFICA-Related SAP EntriesScholarshipsStudent / Parent Support related worksManaging withdrawal of StudentsManagement of Refund of Student FeesKey ResponsibilitiesStudent Fee ManagementManaging and Maintaining all Programmes student fee collection and accounting in SAP.Preparing fee structures for tuition, skill, other, and exam fees with a detailed breakdown.Ensuring all fees are paid before confirming admissions.Preparing revised fee structures as needed.Preparing additional program fee structures when new programs are added.Preparation of fee structure for all programs for the new academic year.Passing entries in SAP for tuition fees from student clearance to the student account.Passing demands for tuition, skill, other, and exam fees in SAP for all studentsChecking & confirming the fee structure for mapping in SAP for all programmesIssuing fee receipts upon payment.Fee Structure ManagementPreparing Fee Structure for all programmes with bifurcation of Registration fee, Tuition Fee, Skill, Other & exam fee according to bank account details. Preparing Fee Structure for Skill, Exam & Other fees for all programmes.Checking & processing for mapping the approved fee structure co ordinating with SAP team.Management of Fee DefaultersMaintaining and follow up of Fee DefaultersRegular follow up with Students, Parents for pending feeSending remainders through SMS, Mails, Whats AppCalling the Parents to the Campus and follow upUpdating reports of unpaid students to management on a weekly basis.Updating fee receipt to exam office to release the results who have paid fee from time to time.FICA-Related SAP EntriesPassing entries from the student clearance account to the student and reconciling student clearance.Managing Financial Accounting (FI) and Contract Accounting (CA) entries in SAP.Checking fee balances of each student in SAP and matching them with our data along with SLCM.Passing demands of MQ quota students in Trust books-SAP.Passing entries of fees in Trust books-SAP.Passing concession entry in Trust books according to approval.Passing fee receipt entries SAPPassing bank entries SAP & completing Bank reconciliation.Monitoring PVP, ID cards, library fines, and collecting fees.Passing refund entries in SAP who have withdrawn the admission.Tracking Fee defaulter list in SAP through T Code- ZDCB.Maintaining & checking all approved Quota of Fees in SAP.Passing Merit, Sports, Others Scholarship entries in SAP.Refunding excess fee paid amount to students who are eligible for Scholarship (New Admission). After approval from management.MIS reports for ManagementPreparing various MIS reports for Management from time to timeWeekly updating of the New admissionsWeekly reporting of the fee collection and statusWeekly reporting pending fee students Providing all necessary data for Finance Committee meetings, BOG meetings, and other meetings as required.Bank Fee Collection Link ManagementCreating bank links for all programs and coordinating with the bank.Coordination with the bank for link creation.Creating manual links for B. Tech students.Creating links for B. Tech - RVSAT according to management-approved lists.Updating details of students who paid directly to the bank without a link, by RTGS/NEFT, Cheque, or DD.Demand Creation & Management for Fee CollectionCoordinating with the SAP team for demand creation of new admission students and checking in SAP.Creating demand for skill, other, and exam fees in SAP and passing entries.Reporting & ReconciliationDownloading data from the dashboard, updating reports for each program, and sending daily reports.Preparing reports on new admission registration, first instalment, full payment, and withdrawal numbers.Sending weekly reports to management.Preparing reports on B. Tech RVSAT fee collection, coordinating with Head Admission, reconciling, and sending to management.Updating fee-paid details of RVSAT in a G Sheet maintained separately.Deactivating the RVSAT link when the date expires for particular students.Updating and checking the withdrawal list in the new admission list, preparing NFA, and obtaining signatures from the Registrar and VC.New Admission Related WorkCoordinating with admissions team for Students admissions.Reconciling new admission data with the admission team Creating new links for B. Tech new admission.Checking and approving the fee paid for SLCM to SAPChecking the number of new admissions and confirming the bill for admission payments.Student / Parent Support:Providing support for the Parents / Students in fee link discrepanciesResolving fees and Link related issuesConfirming the fees status payment for clarificationsFee paid but not received issues related talking to Kotak Bank Team and settling the payments.Responding to calls from existing students or their parents regarding fee-related queries.Providing clear and accurate information and resolving their doubts.Preparing circulars and sending them to students for fee follow-up.Bank Entries & ReconciliationTracking unreconciled entries in bank statements and crediting them to the particular students.Performing bank reconciliation to ensure records match bank statements.Managing and passing entries in the main bank Kotak Bank 4000 A/C and doing reconciliation.ScholarshipsChecking and updating scholarship entries in SAP for merit scholarships.Communicating the Scholarship details to EA's/StudentsFollow up and confirming the fee paid status for issue of ScholarshipsPassing entries of Scholarships in SAP and accountingFor concession / scholarships to alumina and children of REVI employees follow up for confirmations and preparing necessary NFA.Managing withdrawal of StudentsMaintaining and managing the student's withdrawal listUpdating in the SAP for students' withdrawalsManagement of Refund of Student FeesMonitoring and management of Students refundsChecking and confirming the refundsRecording & maintaining the Student Refunds.Interested candidates may email their CV to will be arranged shortly for all shortlisted candidates.