Finance Operations Executive

K12 Techno Services; Pune District, Mumbai; On-site; INR 450,000 - 650,000; Full time

Job summary

K12 Techno Services invites applications for JD Executive, FinOps (Schools) based in Bangalore. The FinOps Executive handles day-to-day accounting for our schools with the Manager FinOps reviewing and signing off on the work.

Location: Bangalore. The role keeps school books clean, reconciles accounts, tracks collections, payments and liabilities, and checks expenses before payment to ensure management has accurate numbers.

Qualifications

• CA Inter, or B.Com / M.Com with relevant experience.
• Hands-on with Tally/ERP and bank reconciliations.
• Good Excel: pivots, lookups, clean trackers.
• Working knowledge of GST, TDS, PF and ESI.

Responsibilities

• Accounts reconciliation: monthly bank, fee-collection and payment-gateway reconciliations for each school; reconcile vendor/landlord ledgers; follow up on open items with school teams and banks.
• Collections tracking: update the fee collection tracker by school, grade and instalment; share overdue lists with school admin teams weekly; match fee receipts in the school system with bank credits.
• Payments and liabilities tracking: maintain payables calendar (rent/lease, MSA payments, salaries, vendors and statutory dues); prepare payment files for Manager’s approval; keep liability register updated for each school.
• Expense checks: check bills and expense claims against policy; flag duplicates and out-of-policy spends; track petty cash at each school.
• Support to the Manager: collect and organise documents for due diligence; prepare budget-vs-actual data; support audits with schedules and documents.

Skills

Tally/ERP

Bank reconciliations

Excel (Pivots & Lookups)

GST/TDS/PF/ESI knowledge

Education

CA Inter

B.Com / M.Com with relevant experience

Tools

Tally/ERP

Job description

JD Executive, FinOps (Schools)

Role snapshotThe FinOps Executive does the day-to-day accounting and tracking work for our schools. The Manager FinOps reviews and signs off on it.

Detail

Title:Executive FinOps (Schools)

Function:Growth / Finance

Reports to:Manager FinOps (Schools)

Experience:13 years in accounts, audit or finance operations

Qualification:CA Inter, or B.Com / M.Com with relevant experience

Location:Banglore

Role purposeKeep every schools books clean and current. You will

reconcile accounts, track collections, payments and liabilities, and check expenses before they are paid, so that the Manager and management always have accurate numbers.

Key responsibilities

1. Accounts reconciliation

• Do monthly bank, fee-collection and payment-gateway reconciliations for each school.
• Reconcile vendor and landlord ledgers, advances and security deposits.
• Follow up on open items with school teams and banks until closed.

2. Collections tracking

• Update the fee collection tracker by school, grade and instalment.
• Share overdue lists with school admin teams every week and track follow-ups.
• Match fee receipts in the school system with bank credits.

3. Payments and liabilities tracking

• Maintain the payables calendar: rent/lease, MSA payments, salaries, vendors and statutory dues (GST, TDS, PF, ESI).
• Prepare payment files and supporting papers for the Manager’s approval.
• Keep the liability register updated for each school, including takeover-related dues.

4. Expense checks

• Check bills and expense claims against policy, budget and purchase approvals before they go for payment.
• Flag duplicate bills, missing documents and out-of-policy spends.
• Track petty cash at each school.

5. Support to the Manager

• Collect and organise documents for due diligence on target schools: financials, bank statements, fee registers, loan papers.
• Prepare budget-vs-actual data for each school every month.
• Support statutory, internal and trust audits with schedules and documents.

How success is measured

Area,KPI

Reconciliation:All bank and fee reconciliations submitted by the 7th of the following month

Collections:Collection tracker updated weekly; overdue list shared with every school each week

Payments:Zero missed or late statutory payments; payment files ready 2 days before due date

Expenses:No bill paid without complete documents and approval

Accuracy:Few or no corrections needed on review by the Manager

Who we are looking forMust have

• CA Inter, or B.Com / M.Com with 1–3 years in accounts, audit or finance operations.
• Hands-on with Tally/ERP and bank reconciliations.
• Good Excel: pivots, lookups, clean trackers.
• Working knowledge of GST, TDS, PF and ESI.

Good to have

• Articleship or work experience at a CA firm.
• Experience in schools, multi-branch retail or any multi-location business.

Personal attributes

• Accurate and organised; follows through on open items without reminders.
• Comfortable working with school admin teams and travelling to schools.
• Raises issues early instead of fixing numbers quietly.