Job Description

Qualification: B.com/M.com/MBA in finance with 2-3 years of experience .

Roles and responsibilities:

Financial Recordkeeping : Maintain accurate and up-to-date financial records for the school, including income, expenses, and budgets.

Accounts Payable : Process invoices, track expenses, and manage payments to vendors and suppliers.

Accounts Receivable : Handle tuition and fee payments from students and ensure timely collection of outstanding balances.

Budgeting : Assist in the development and monitoring of the school's annual budget, making sure that financial resources are allocated efficiently.

Financial Reporting : Prepare financial reports, such as balance sheets, income statements, and cash flow statements, to provide a clear picture of the school's financial health to the school's management, board of directors, and other stakeholders.

Audit Assistance : Collaborate with external auditors during financial audits to ensure compliance with accounting standards and regulations.

Grants and Funding : Assist in managing grants, scholarships, and other forms of financial aid for students. This includes tracking disbursements and ensuring compliance with grant requirements.

Tax Compliance : Ensure the school complies with all relevant tax laws and regulations, including filing required tax forms and making timely tax payments.

Financial Analysis : Analyze financial data to identify trends, anomalies, or areas where cost-saving measures can be implemented.

Software and Systems : Utilize accounting software and financial management systems to streamline processes and maintain accurate financial records.

Financial Policies : Help develop and implement financial policies and procedures that align with the school's goals and objectives.

Communication : Collaborate with school administrators, finance committees, and other stakeholders to provide financial insights and support decision-making.

Student Billing : Generate and send invoices for tuition, fees, and other charges to students and their families.

Financial Controls : Ensure internal controls are in place to safeguard school assets and prevent financial irregularities.

Compliance : Stay informed about relevant financial regulations and best practices in the education sector.

Assistant accountants in schools play a critical role in ensuring that the school's finances are managed efficiently and transparently, allowing the institution to allocate resources effectively and maintain financial stability. Their work contributes to the overall success and sustainability of the school.

Warm regards

Job Types: Full-time, Permanent

Pay: From ?18,000.00 per month

Benefits:

• Food provided

Schedule:

• Day shift

Supplemental pay types:

• Yearly bonus

Ability to commute/relocate:

• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)

Education:

• Master's (Preferred)

Experience:

• Accounting: 1 year (Preferred)

Expected Start Date: 01/08/2024