Assistant Finance Manager-Receivables

RV University; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

RV University in Bengaluru, Karnataka, India, seeks a finance professional to lead Receivables & Fee Accounting, ensure accurate posting and reconciliation, and monitor collections across student accounts.

The role requires 4–7 years of experience; MBA/Commerce qualifications are preferred, with SAP/ERP proficiency and strong audit/compliance acumen. You will collaborate with Admissions, Schools, Banks, and other stakeholders to strengthen receivables controls.

Qualifications

• Qualified with B.Com/M.Com/MBA (Finance) or equivalent.
• 4–7 years of experience; education sector highly preferred.
• Experience with SAP/ERP and receivables processes.

Responsibilities

• Receivables & Fees Accounting: Manage student fee/other receivables, ensure accurate accounting of collections, adjustments, refunds and outstanding balances.
• Reconciliation: Perform regular reconciliation of student/party ledgers, bank collections and receivable balances; identify and resolve discrepancies.
• Collection Monitoring: Monitor ageing of receivables, follow up with concerned departments/students for outstanding amounts and ensure timely collection.
• MIS & Reporting: Prepare receivables ageing, collection reports and periodic MIS for management review and decision-making.
• SAP/ERP: Ensure timely and accurate posting of receipts, adjustments and other receivable transactions in SAP/ERP.
• Audit & Compliance: Provide supporting documents and schedules for internal/statutory audits and ensure compliance with accounting policies and procedures.
• Coordination & Controls: Coordinate with Admissions, Schools, Banks and other departments for resolution of collection-related issues and strengthen controls over receivables.

Education

B.Com / M.Com / MBA (Finance) or equivalent

Tools

SAP/ERP

Job description

• Receivables & Fee Accounting: Manage student fee/other receivables, ensure accurate accounting of collections, adjustments, refunds and outstanding balances.
• Reconciliation: Perform regular reconciliation of student/party ledgers, bank collections and receivable balances; identify and resolve discrepancies.
• Collection Monitoring: Monitor ageing of receivables, follow up with concerned departments/students for outstanding amounts and ensure timely collection.
• MIS & Reporting: Prepare receivables ageing, collection reports and periodic MIS for management review and decision-making.
• SAP/ERP: Ensure timely and accurate posting of receipts, adjustments and other receivable transactions in SAP/ERP.
• Audit & Compliance: Provide supporting documents and schedules for internal/statutory audits and ensure compliance with accounting policies and procedures.
• Coordination & Controls: Coordinate with Admissions, Schools, Banks and other departments for resolution of collection-related issues and strengthen controls over receivables.

Qualification: B.Com / M.Com / MBA (Finance) or equivalent

Experience: 4–7 Years. Experience with Education Sector highly preferred.