Account Manager

Bhakti Management Services; Gandhinagar, Ahmedabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

Bhakti Management Services seeks a detail-oriented Finance professional to handle financial accounting and bookkeeping for its operations in Gandhinagar, Gujarat. You will record daily transactions in ERP/Tally, manage journal entries, reconcile accounts, and support monthly closings.

The role includes fee management for students, vendor payments, tax filings, audits, fixed assets, and MIS reporting. Strong Excel, Tally, and GST knowledge are essential.

Qualifications

• B.Com or M.Com is mandatory.
• MBA in Finance will be an added advantage.
• 38 years of experience in Accounts, Finance, Taxation, and Branch Administration.

Responsibilities

• Maintain accurate books of accounts by recording daily financial transactions in the ERP/Tally system.
• Post journals, vouchers, receipts, payments, and contra entries in a timely manner.
• Perform daily bank and ledger reconciliations to ensure accuracy.
• Maintain proper accounting records as per statutory and company policies.
• Assist in monthly, quarterly, and annual financial closings.
• Manage fee collection and reporting for student accounts.
• Process vendor invoices and payments, maintain vendor records.
• Prepare tax filings and ensure statutory compliance.
• Coordinate internal audits and maintain supporting documents.
• Maintain fixed asset and inventory records and periodic verifications.
• Prepare MIS reports and support budgeting and planning.

Skills

Tally ERP

MS Excel

GST

TDS

Professional Tax

ESIC

Bank Reconciliation

Financial Reporting

Accounts Payable

Accounts Receivable

Vendor Management

Audit Coordination

Statutory Compliance

Education

B.Com

M.Com

MBA (Finance)

Tools

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Job description

Role & responsibilities

Financial Accounting & Bookkeeping

• Maintain accurate books of accounts by recording daily financial transactions in the ERP/Tally system.
• Ensure timely posting of journal entries, vouchers, receipts, payments, and contra entries.
• Perform daily bank reconciliation and ledger reconciliation to maintain financial accuracy.
• Maintain proper accounting records in compliance with statutory and organizational policies.
• Assist in monthly, quarterly, and annual financial closing activities.

Accounts Receivable & Student Fee Management

• Manage the complete fee collection process for approximately 300500 student accounts.
• Monitor outstanding fee balances and follow up for timely collections.
• Generate fee receipts, maintain collection records, and ensure accurate posting in the accounting system.
• Prepare periodic reports on fee collections, pending dues, and outstanding balances.
• Coordinate with internal departments regarding student account reconciliations and fee-related queries.

Accounts Payable & Vendor Management

• Process vendor invoices after verifying supporting documents and approvals.
• Ensure timely payments to vendors while maintaining proper accounting records.
• Reconcile vendor accounts and resolve payment-related discrepancies.
• Obtain quotations from multiple suppliers for procurement of fixed assets and operational requirements.
• Coordinate with the Head Office for approval of quotations and purchase decisions.
• Maintain healthy relationships with vendors and service providers.

Taxation & Statutory Compliance

• Prepare and file Professional Tax (P-Tax), TDS, E-TDS, ESIC, and other statutory returns within prescribed timelines.
• Generate and issue TDS certificates to vendors and service providers.
• Ensure compliance with applicable tax laws and statutory regulations.
• Coordinate with government departments for timely statutory payments and documentation.
• Maintain proper records of tax challans, statutory filings, and compliance documents.

Audit & Financial Compliance

• Coordinate with Internal Auditors during branch audits and provide all necessary financial documents.
• Prepare audit schedules, reconciliations, and supporting reports.
• Ensure complete compliance with internal financial controls and company accounting policies.
• Resolve audit observations and implement corrective actions wherever required.
• Maintain complete financial documentation for future audit references.

Fixed Asset & Inventory Management

• Maintain detailed records of branch fixed assets, including acquisition, depreciation, transfers, and disposals.
• Ensure proper tagging, verification, and physical tracking of all fixed assets.
• Maintain stock registers and inventory records for office and operational assets.
• Coordinate periodic physical verification of fixed assets and inventory.
• Ensure accurate documentation for asset procurement and disposal.

Banking & Cash Management

• Handle daily cash collections, receipts, deposits, and petty cash transactions.
• Maintain proper cash books and ensure daily cash reconciliation.
• Coordinate with banks for student education loan processing and banking documentation.
• Manage cheque issuance, fund transfers, and banking correspondence.
• Monitor cash flow requirements and ensure sufficient fund availability for branch operations.

Cost Control & Financial Planning

• Monitor branch expenses and recommend cost optimization initiatives.
• Ensure adherence to approved budgets and company financial guidelines.
• Analyze expenditure patterns and highlight opportunities for operational cost savings.
• Support management with financial reports for effective business decision-making.
• Assist in preparing budget forecasts and expense analysis reports.

Administrative Support

• Support day-to-day branch administration and operational activities.
• Maintain proper documentation of contracts, agreements, invoices, and financial records.
• Coordinate with internal departments for smooth branch operations.
• Ensure compliance with company policies and operational procedures.
• Assist management in resolving administrative and finance-related issues.

Reporting & MIS

• Prepare daily, weekly, and monthly MIS reports related to accounts, collections, expenses, and branch performance.
• Generate financial reports for management review.
• Maintain accurate financial data and ensure timely submission of reports to Head Office.
• Provide analytical support for financial planning and decision-making.
• Assist management during budget reviews and financial presentations.

Preferred candidate profile

Educational Qualification

• B.Com or M.Com is mandatory.
• MBA (Finance) will be an added advantage.

Experience

• 38 years of experience in Accounts, Finance, Taxation, and Branch Administration.
• Experience in Educational Institutes, Service Industry, or Corporate Organizations will be preferred.

Technical Skills

• Good knowledge of Tally ERP, MS Excel, GST, TDS, Professional Tax, ESIC, Bank Reconciliation, and Financial Reporting.
• Hands-on experience in Accounts Payable, Accounts Receivable, Vendor Management, Audit Coordination, and Statutory Compliance.

Desired Candidate

• Strong analytical and problem-solving skills with excellent attention to detail.
• Good communication and interpersonal skills.
• Ability to work independently and meet deadlines.
• Self-motivated, organized, and capable of handling multiple responsibilities efficiently.
• High level of integrity, professionalism, and commitment to accuracy.