Finance Officer

1 day ago

bharuch, India Shri Educare Limited Full time

The SRF School, Bharuch, is an upcoming school project under the leadership of the renowned SRF group. We are looking for someone who can initiate, develop and be a part of our quest for excellence in holistic education. The purpose of this role is to ensure smooth financial management of the School.The role primarily focuses on:-Primary Activities:Voucher processing,Cash & bank payments,Passing of entries,Bank reconciliation,IUTA reconciliation,Issue of TDS certificates,Preparation of TDS and service tax/ GST returns,TDS deposit, service tax/ GST deposit,PF, ESI return and deposit etc.Revenue:Ensure timely invoicing of fee bills and circulation of the bills to the parents for paymentEnsuring timely deposit of the fee collected in the designated bank account.Ensuring timely reconciliation of the fee received.Sending reminders to fee defaulters and updating management with respect to the same.Books of Accounts:Ensure compliance of Accounting Standards so that books of accounts represent the true and fair view.Ensuring the Monthly closure of books in timeInter Unit Transfer Amount (IUTA) & bank reconciliationFinalization of accounts (Quarterly/Annually):Ensure timely and accurate closing of the Company's accounts & audit on quarterly & annual basisPreparation of Consolidated Balance Sheet.Timely payment to vendors & employees:Supervise and review payment schedules to ensure that payment is released to all the vendors as per the terms defined and following corrective actions, if needed.Cheque preparation and dispatch to relevant partiesSupervise, review and coordinate disbursement report to ensure that salary is correctly processed and debited to the account of employees in time.Scrutiny & approval of all cash & cheque paymentsStatutory Compliances:Ensure compliance with various direct and indirect tax lawsVerify and deposit all statutory paymentsStay updated on all changes in Statutory Regulations from time to time and accordingly incorporate the required changes in the systemFiling returns related to PF, ESI, Service Tax, GST etc.Statutory and Internal Audit:Supervise audits and provide adequate support to the auditorsSupervise and close of all internal and external audit objections and improve processes as per the audit guidelines.Builds Checks & Controls:The position holder builds checks and controls in all financial transactions so as to eliminate errors, chances of Responsible for streamlining the process affecting the Accounts process like procedure of payment, payroll, fixed assets etc.Planning and Budgeting:Consolidate & Maintain Budget for the schoolPrepare and share fortnightly/ monthly/ quarterly reports with the Management.Prepare functional documents/ test script/ user documentsMeasure DOP and SOP as per cost boundaries for the project or functional requirements.Location: Village - Navetha, Near Jio Petrol pump, BharuchAge: YearsExperience: years in an accounting roleQualification: Post Graduate ) ,Graduate )Key Skills:Business acumen and interestHigh level of numeracyAnalytical abilityStrong Organising and Planning skillsTime managementTeamwork abilityGood communication and interpersonal skillsProficiency in ITProcess orientation and problem solving skills

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