Finance Officer

7 days ago

Dehra Dūn, Uttarakhand, India Shri Educare Limited Full time ₹ 2,00,000 - ₹ 6,00,000 per year


LGIS invites smart, energetic and creative professionals to be a part of its family. 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 payment
  • Ensuring 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 time
  • Inter Unit Transfer Amount (IUTA) & bank reconciliation

Finalization of accounts (Quarterly/Annually):

  • Ensure timely and accurate closing of the Company's accounts & audit on quarterly & annual basis
  • Preparation 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 parties
  • Supervise, 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 payments

Statutory Compliances:

  • Ensure compliance with various direct and indirect tax laws
  • Verify and deposit all statutory payments
  • Stay updated on all changes in Statutory Regulations from time to time and accordingly incorporate the required changes in the system
  • Filing returns related to PF, ESI, Service Tax, GST etc.

Statutory and Internal Audit:

  • Supervise audits and provide adequate support to the auditors
  • Supervise 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 school
  • Prepare and share fortnightly/ monthly/ quarterly reports with the Management.
  • Prepare functional documents/ test script/ user documents
  • Measure DOP and SOP as per cost boundaries for the project or functional requirements.

Age: Years

Experience: years in an accounting role

Qualification: Post Graduate ) ,Graduate )

Key Skills:

  • Business acumen and interest
  • High level of numeracy
  • Analytical ability
  • Strong Organising and Planning skills
  • Time management
  • Teamwork ability
  • Good communication and interpersonal skills
  • Proficiency in IT
  • Process orientation and problem solving skills

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