Senior Accounts Executive

Vedaantha Foundation; Hyderabad; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Vedaantha Foundation is seeking a Finance Manager to oversee the complete financial operations of its educational institutions. You will manage day-to-day accounting for schools and junior colleges, ensure accurate books, and handle tuition and other fee accounting with strong emphasis on regulatory compliance.

You will review payroll accounting, vendor bills and depreciation schedules, while maintaining asset registers and ensuring smooth financial reporting.

Qualifications

• MBA Finance, M.Com or BBA as stated.
• 4-6 years of relevant experience in finance and accounts.
• Experience in educational institutions, preferably schools.
• Excellent knowledge of accounting software such as Tally Prime, ERP and MS Excel

Responsibilities

• Oversee day-to-day accounting operations of schools and junior colleges.
• Maintain accurate books of accounts, ledgers, journals and financial records.
• Ensure proper accounting of tuition fees, admission fees, transport fees, hostel fees and other collections.
• Reconcile bank statements and review cash and bank transactions.
• Ensure compliance with applicable PF, ESI and professional tax requirements.
• Monitor fee structures and ensure proper accounting of student fee collections.
• Review salary processing and payroll-related accounting.
• Verify vendor bills, purchase orders and payment approvals.
• Monitor expenses relating to laboratories, libraries, transport, sports and infrastructure.
• Maintain fixed asset registers and depreciation schedules.
• Review financial transactions relating to admissions, examinations and academic activities.

Skills

Financial accounting

Ledger management

Bank reconciliation

Tax compliance

Education

MBA Finance

M.Com

BBA

Tools

Tally Prime

ERP

MS Excel

Job description

To manage and oversee the complete financial, accounting, taxation, auditing and statutory compliance functions of the school ensuring financial accuracy, transparency, regulatory compliance and effective financial management.

Key Roles and Responsibilities:

• Oversee day-to-day accounting operations of schools and junior colleges.
• Maintain accurate books of accounts, ledgers, journals and financial records.
• Ensure proper accounting of tuition fees, admission fees, transport fees, hostel fees and other collections.
• Reconcile bank statements and review cash and bank transactions.
• Ensure compliance with applicable PF, ESI and professional tax requirements.
• Monitor fee structures and ensure proper accounting of student fee collections.
• Review salary processing and payroll-related accounting.
• Verify vendor bills, purchase orders and payment approvals.
• Monitor expenses relating to laboratories, libraries, transport, sports and infrastructure.
• Maintain fixed asset registers and depreciation schedules.
• Review financial transactions relating to admissions, examinations and academic activities.

Required Qualifications and Experience

• Qualification: MBA Finance or M.com or BBA
• 4-6 years of relevant experience in finance and accounts.
• Experience in educational institutions, preferably schools
• Excellent knowledge of accounting software such as Tally Prime, ERP and MS Excel