We are looking for an experienced and detail-oriented Accounts Manager to manage the day-to-day finance and accounting operations of the Engineering College and respective hostels. The position will be responsible for maintaining accurate financial records, ensuring statutory compliance, managing fee and expense accounting, preparing financial reports, and supporting management in financial planning, decision-making and all norms like AICTE, NBA, NAAC.

Key Responsibilities1. Accounting & Financial Operations

Manage day-to-day accounting activities, including receipts, payments, journal entries, ledgers, and bank transactions.

Ensure accurate and timely recording of all financial transactions.

Monitor accounts receivable and payable.

Reconcile bank accounts, student fee collections, vendor accounts, and other ledgers.

Maintain proper documentation and financial records.

2. Student Fee & Revenue Management

Monitor student fee collections and outstanding dues.

Coordinate with the Admissions/Administration department regarding fee receipts and student accounts.

Ensure proper accounting of tuition fees, examination fees, hostel fees, transport fees, and other institutional receipts.

Prepare periodic fee collection and outstanding reports for management.

3. Budgeting & Financial Reporting

Assist management in preparing the annual institutional budget.

Monitor actual expenditure against approved budgets.

Prepare monthly, quarterly, and annual financial statements and management reports.

Provide financial analysis and MIS reports to the Principal/Management.

Highlight significant variances, financial risks, and areas requiring management attention.

4. Statutory Compliance

Ensure timely compliance with applicable statutory requirements relating to:

· GST

· TDS

· Income Tax

· Professional Tax, where applicable

· PF/ESI, where applicable





· Other applicable regulatory requirements

Coordinate with external consultants, auditors, and statutory authorities as required. Maintain proper records and documentation for statutory compliance.

5. Audit & Internal Controls

Coordinate internal, statutory, tax, and other institutional audits.

Prepare schedules, statements, vouchers, and supporting documents required for audits.

Implement and monitor appropriate internal financial controls.

Ensure compliance with institutional financial policies and procedures.

Address audit observations and coordinate corrective actions.

6. Payroll & Employee-Related Accounts

Coordinate with HR/payroll teams for monthly salary processing.

Verify payroll-related accounting entries, deductions, reimbursements, and statutory contributions.

Maintain records relating to employee advances and other staff financial transactions.

7. Vendor & Purchase Accounting

Verify purchase invoices, bills, supporting documents, and payment requests.

Ensure proper authorization before processing payments.

Monitor vendor outstanding balances and payment schedules.

Coordinate with the Purchase/Administration departments regarding vendor accounts.

8. Cash & Bank Management

Monitor daily cash and bank transactions.

Maintain appropriate cash controls and cash-book records.

Prepare bank reconciliations and investigate discrepancies.

Coordinate with banks regarding institutional banking requirements.

8. Hostel Management.

Pay: ₹50,000.00 - ₹70,000.00 per month

Advantages

- Food provided
- Health insurance

Ability to commute/relocate:
- Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (Required)

Education:
- Master's (Preferred)

Experience:
- Engineering College Accounts: 3 years (Required)
- College Hostel Management : 2 years (Preferred)

Location:
- Hyderabad, Telangana (Preferred)

Work Location: In person

📌 Accounts Manager for Engineering College (Hyderabad)
🏢 Vignan Vidyalaya
📍 Hyderabad