LEAD School | Account Executive | mumbai

4 days ago

mumbai, India LEAD School Full time

Purpose of the Job:


LEAD started with a vision to provide disruptive Ed-tech solutions for all stakeholders. Since then, LEAD has grown into a team of proficient individuals striving to transform education. We are looking to hire an Accounts Executive who will manage key financial operations related to fee management, reconciliation, compliance, procurement, stock management, and reporting. This role is critical for maintaining accurate financial records, statutory compliance, and supporting cost efficiency across the school vertical.


Key Responsibilities:

  • Maintain and manage the schools 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 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 budget and financial goals.
  • Share regular reports and updates with senior management and school heads for informed decision-making.

Ideal Experience Profile:


  • Bachelors 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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