Fee Executive
2 months ago
**Job Title: Fee Executive
- Accounts**
**Location**: Bannerghatta
**Department**: Finance / Accounts
**Job Summary**:
The Fee Executive will be responsible for managing and overseeing all financial transactions related to student fees. This role involves ensuring accurate fee collection, maintaining fee records, preparing reports, and assisting in resolving fee-related queries. The Fee Executive plays a vital role in ensuring that all fees are collected efficiently and within designated timeframes.
**Key Responsibilities**:
- **Fee Collection and Processing**:
- Handle the collection of fees from students and parents via multiple payment methods (cash, cheque, online, etc.).
- Ensure timely and accurate data entry of fee payments in the school's financial system.
- Issue receipts for all fee payments made by students or parents.
- **Fee Records Management**:
- Maintain up-to-date records of all fee transactions.
- Monitor outstanding fees and follow up with students or parents on unpaid balances.
- Maintain and update fee structures in the school’s financial software as necessary.
- **Reporting and Analysis**:
- Prepare regular fee collection reports for the management, highlighting unpaid balances, fee defaulters, and any discrepancies.
- Reconcile fee payments with bank statements and financial records.
- **Fee Queries and Resolution**:
- Address and resolve queries related to fee payments from students, parents, and staff.
- Liaise with the accounts department to resolve any discrepancies in fee collections.
- **Compliance**:
- Ensure adherence to the school's policies regarding fee collection, refunds, and late fees.
- Maintain compliance with the relevant financial regulations and audit requirements.
- **Coordination**:
- Collaborate with other departments to ensure seamless communication and resolution of fee-related matters.
- Assist with fee-related communication to parents, such as reminders, notices, and deadlines.
**Qualifications and Skills**:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Proven experience as a Fee Executive, Accounts Assistant, or similar role in an educational institution or finance department.
- Proficient in using financial software and Microsoft Office, particularly Excel.
- Strong attention to detail and accuracy in financial transactions.
- Excellent communication and interpersonal skills to handle inquiries and disputes.
- Ability to manage time effectively and work under pressure to meet deadlines.
**Preferred Qualifications**:
- Knowledge of school fee structures and regulations.
- Experience working in an academic setting or similar environment.
Pay: Up to ₹20,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Day shift
- Fixed shift
Work Location: In person
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