Description

• B.Com / M.Com or equivalent. Additional qualifications such as MBA (Finance), CA Inter, or ICWA Inter are preferred.
• 3 to 5 years of relevant accounting experience, preferably in an educational institution or trust.
• Hands-on experience with SAP (FI/CO) is essential.

Responsibilities

1. Financial Transactions and Accounting: Oversee recording of payments, receipts, and journal entries in SAP. Review postings for accuracy and ensure timely reconciliation of accounts.

2. SAP Management: Monitor data entry, generate and analyse MIS reports, troubleshoot system issues, and coordinate with the SVKM central IT/SAP team where required.

3. Fee Management: Supervise fee collection, receipts, refunds, and concession records. Ensure fee data is reconciled with student records and follow up on outstanding dues.

4. Budgeting and Financial Reporting: Prepare monthly, quarterly, and annual financial statements and budget-vs-actual reports. Assist in preparing the annual budget and projections.

5. Audit and Compliance: Coordinate internal, statutory, and external audits. Compile and review supporting documents, respond to audit queries, and help ensure compliance with applicable laws, UGC/regulatory norms, and SVKM policies.

6. Vendor Management: Verify invoices and supporting documents, process vendor payments, and resolve discrepancies. Maintain vendor ledgers and reconcile vendor accounts.

7. Bank Reconciliation: Review bank reconciliation statements prepared by the team.



Ensure bank statements match college accounts and investigate unreconciled or long-pending items.

8. Payroll and Statutory Support: Support salary processing and disbursement, verify payroll data, and assist with TDS, PF, qualified tax, GST, and other statutory computations, filings, and records.

9. Farm and Field Accounts: Oversee farm and field input and output records, labour payments, and farm expenses. Ensure proper documentation and periodic review of farm income and expenditure.

10. Hostel, Transport, and Other Collections: Supervise accounting for hostel fees, bus fees, and similar payments, ensuring timely collection, accurate records, and reconciliation.

11. Internal Controls and Approvals: Ensure all transactions are approved by the competent authorities before processing. Check that proper sanctions, vouchers, and supporting documents are in place, and flag irregularities.

12. Supervision and Guidance: Allocate tasks, guide and review the work of accounts assistants, and help maintain a clear division of duties within the department.

13. Data Accuracy and Confidentiality: Maintain the accuracy, integrity, and confidentiality of all financial data and records.

14. Record Keeping: Ensure vouchers, ledgers, registers, and supporting documents are properly filed, archived, and retrievable for audit.

Other Duties: Any other responsibilities assigned by the Registrar, Principal, or Management from time to time.

Qualifications

B.Com / M.Com or equivalent. Additional qualifications such as MBA (Finance), CA Inter, or ICWA Inter are preferred.

📌 Assistant Accounts Officer (Shirpur)
🏢 Foundation SVKM
📍 Shirpur