Accountant

About the Role

We are looking for a responsible, detail-oriented and experienced Accountant to manage the day-to-day accounting, financial records, fee collections, banking, statutory compliance and financial reporting of the institution.

The ideal candidate should have strong practical knowledge of Tally/ERP, GST, TDS, bank reconciliation, fee accounting and educational-institution accounting, with excellent attention to detail and financial discipline.

Required Qualifications

• B.Com / M.Com / CA Inter / equivalent qualification preferred.
• Strong practical knowledge of accounting principles.
• Good knowledge of Tally Prime / accounting ERP and MS Excel.
• Working knowledge of GST and TDS.
• Good understanding of bank reconciliation and financial reporting.

Key Responsibilities

1. Accounting & Bookkeeping

• Maintain accurate and up-to-date books of accounts.
• Record all receipts, payments, purchases, expenses and journal entries.
• Maintain accounts payable and accounts receivable.
• Prepare and maintain ledgers, vouchers and supporting documents.
• Ensure proper classification of income and expenses.
• Maintain separate accounting records for relevant entities, branches or activities as required.
• Perform monthly closing of accounts.

2. Student Fee Accounting

• Maintain student-wise fee records.
• Record tuition fees, hostel fees and other student-related receipts.
• Monitor outstanding fees and prepare ageing reports.
• Coordinate with the admissions and administration teams regarding fee collections.
• Reconcile fee collections with bank statements and payment gateways.
• Generate regular fee collection and outstanding reports.
• Follow up on pending payments as per institutional policies.

3. Banking & Reconciliation

• Maintain records of all bank transactions.
• Perform monthly bank reconciliation for all bank accounts.
• Verify deposits, withdrawals, transfers and charges.
• Identify and resolve discrepancies promptly.
• Prepare cash-flow and bank-position reports for Management.
• Maintain proper documentation for all banking transactions.

4. GST, TDS & Statutory Compliance

• Assist in timely preparation and filing of GST returns.
• Maintain GST-related records and reconciliations.
• Calculate and account for TDS wherever applicable.
• Prepare TDS statements and coordinate with consultants for timely filing.
• Maintain statutory registers and supporting documentation.
• Coordinate with Chartered Accountants, auditors and tax consultants.
• Ensure compliance with applicable accounting and taxation requirements.

5. Payroll & Employee Accounts

• Assist in monthly payroll processing.
• Maintain employee salary records.
• Process salary payments and related accounting entries.
• Account for deductions, reimbursements and advances.
• Coordinate with HR/Management regarding employee financial records.
• Maintain proper documentation for salary-related transactions.

6. Accounts Payable & Vendor Management

• Verify vendor invoices against purchase orders/approvals.
• Process vendor payments after appropriate authorization.
• Maintain vendor ledgers and outstanding-payable reports.
• Reconcile vendor accounts periodically.
• Ensure that payments are supported by proper documentation and approvals.

7. Financial Reporting

Prepare regular financial reports for Management, including:

• Monthly income and expenditure statement
• Fee collection report
• Outstanding fee report
• Bank and cash position
• Vendor outstanding report
• Salary/payroll report
• Budget vs. actual expenditure
• Receivables and payables
• Monthly management accounts

8. Audit & Documentation

• Maintain complete and organized accounting records.
• Prepare schedules and supporting documents required for statutory audits.
• Coordinate with auditors and Chartered Accountants.
• Respond to audit queries and provide required documentation.
• Ensure proper filing of invoices, receipts, vouchers, bank statements and statutory records.
• Maintain an audit-ready accounting system throughout the year.

9. Internal Financial Controls

• Ensure every transaction has appropriate authorization and supporting documentation.
• Monitor cash handling and daily collections.
• Establish proper controls over receipts and payments.
• Identify accounting discrepancies, unusual transactions or control weaknesses.
• Maintain confidentiality of financial and student information.
• Ensure segregation of duties wherever applicable.

Pay: ₹12,000.00 - ₹25,000.00 per month

Benefits:

• Flexible schedule
• Food provided
• Provident Fund

Work Location: In person