Finance Manager - Thanekar International School

Location

Thane | India

Job description

Thanekar International School, Badlapur invites smart, energetic and creative professionals to be a part of the The Shri Ram Universal School 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 fraud.etc.
• 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: 25 - 40 Years

Experience: 3 - 7 years in an accounting role.

Qualification: Post Graduate (M.com), Graduate (B.com)

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

Job tags

Salary