
Senior Accounting Professional
13 hours ago
We are seeking an accomplished Accounting Professional to join our team.
Job Description:
A senior accounting position has become available at a reputable educational institution. The ideal candidate will possess extensive experience in accounting systems, strong analytical and problem-solving skills, and the ability to make well-thought-out decisions.
Responsibilities:
- Independently handle day-to-day accounting tasks, including drawing of trial balance, bank reconciliation, creditors/debtors reconciliation, stock verification, and recording all financial transactions accurately.
- Maintain Petty Cash, Cash Book, Bank Book, and other relevant registers with proper documentation and periodic reconciliation.
- Prepare monthly and quarterly MIS reports, budgetary control reports, and other accounting reports as required by management.
- Responsible for timely and accurate submission of TDS returns, issuance of TDS certificates, and compliance with applicable tax regulations.
- Ensure timely posting of journal entries related to payments, receipts, and expenses in the accounting software.
- Monitor school income (fees, grants, etc) and expenditure in relation to the approved budget, and provide monthly financial summaries to management.
- Assist auditors in internal and statutory audits by providing necessary data and supporting documents.
- Coordinate with regulatory and government departments for school fee approvals, registration, and compliance matters, in collaboration with the manager.
- Ensure timely submission of statutory reports and returns, and maintain compliance with educational board regulations and financial laws.
- Review and update the school's finance policy periodically to comply with latest norms and best practices.
- Provide continuous support to the Accounts Manager in financial planning, budgeting, procurement processes, and reporting.
Key Responsibilities Areas:
- Maintain and manage all school financial and accounting records efficiently.
- Prepare monthly income & expenditure statements, fee reports, and fund utilization reports.
- Reconcile accounts periodically and ensure all transactions are accurately documented.
- Ensure bank transactions and fund allocations (public and private) are processed in line with internal controls.
- Assist with budget preparation and control, and highlight variances to management.
- Prepare financial records for school board presentations, audits, and inspections.
Preferred Qualifications & Skills:
- Graduate/Postgraduate in Commerce (B.Com / M.Com) or equivalent.
- Proven experience of 5+ years in accounting role in an educational institution preferred.
- Strong knowledge of Tally ERP/accounting software and MS Excel.
- Good understanding of school fee structure, fund utilization, and regulatory compliance.
- High attention to detail, integrity, and ability to work under minimal supervision.
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