To manage day-to-day accounting operations, ensure accurate and timely accounting entries, support statutory compliance, reconciliations, vendor payments, budgeting, and assist in the preparation of financial and management reports.
Key Responsibilities
1. Accounting & Bookkeeping
· Record day-to-day accounting transactions in Tally.
· Prepare and post journal entries, payment entries, receipt entries, purchase and sales entries.
· Maintain accurate books of accounts and supporting documentation.
· Ensure proper ledger classification and accounting treatment.
· Review and reconcile subsidiary ledgers with the general ledger.
2. Accounts Payable & Vendor Management
· Verify vendor invoices with supporting documents and approvals.
· Check GST, TDS and other applicable statutory requirements on invoices.
· Prepare vendor payment statements and payment proposals.
· Reconcile vendor accounts and follow up on outstanding balances.
· Ensure timely processing of vendor payments.
3. Accounts Receivable & Collections
· Record and reconcile customer/student receipts.
· Monitor outstanding receivables and prepare ageing reports.
· Follow up with concerned teams for collection-related issues.
· Perform inter-company and inter-unit reconciliations.
· Reconcile major balance sheet and income statement ledgers.
5. GST & TDS Compliance Support
· Assist in GST reconciliation and return preparation.
· Verify input tax credit and reconcile purchase data with GST records.
· Assist with TDS calculations, deductions and reconciliations.
· Support preparation of TDS returns such as 24Q and 26Q.
· Ensure proper accounting of RCM transactions wherever applicable.
6. Budgeting & Financial Planning
· Assist in preparation of annual budgets.
· Collect and consolidate budget requirements from different departments/cost centres.
· Track actual expenditure against approved budgets.
· Prepare budget vs. actual variance reports.
· Highlight significant variances and support the Finance Manager in analysing the reasons.
· Assist in preparing periodic forecasts and financial projections.
7. Month-End & Year-End Closing
· Assist in monthly closing activities.
· Prepare provisions, accruals and adjustment entries.
· Ensure all income and expenses are accounted for in the correct period.
· Support year-end closing and finalisation of accounts.
8. MIS & Reporting
· Prepare regular MIS reports as required by management.
· Prepare ageing reports, expense reports, budget vs. actual reports and reconciliation statements.
· Provide accounting data and analysis to the Finance Manager.
· Support budgeting, forecasting and variance analysis.
9. Audit & Statutory Requirements
· Provide required documents and schedules for statutory, internal and tax audits.
· Coordinate with auditors for routine information and clarifications.
· Maintain proper documentation and audit trails.
· Assist in resolving audit observations.
10. Documentation & Internal Controls
· Maintain proper accounting records and supporting documents.
· Follow established finance policies and approval processes.
· Ensure compliance with internal controls and accounting procedures.
· Identify discrepancies and report them to the reporting manager.
Required Skills
- Valuable knowledge of accounting principles and bookkeeping.
- Strong knowledge of Tally Prime.
- Working knowledge of GST and TDS.
- Good understanding of bank, vendor and ledger reconciliation.
- Good knowledge of MS Excel, including basic reporting and data analysis.
- Basic understanding of budgeting and variance analysis.
- Ability to analyse accounting data and identify discrepancies.
- Good communication and coordination skills.
- Strong attention to detail and accuracy.
- Ability to meet deadlines and manage multiple tasks.
Educational Qualification
· B.Com / M.Com / MBA Finance or equivalent qualification.
· CA Inter / CMA Inter qualification would be an added advantage.
Experience
- 2–5 years of relevant experience in accounting and finance.
- Experience in education, services, or multi-entity organisations would be an advantage.