22 Oct
|
TAAC Institutions
|
Dindigul
22 Oct
TAAC Institutions
Dindigul
To oversee the financial management, accounting operations, taxation, statutory compliance, budgeting, auditing, and financial reporting of the organization. The role involves ensuring financial accuracy, transparency, regulatory compliance, cost control, and effective financial planning across all branches of the school group.
2. Key Responsibilities
A. Accounting & Financial Management
- Oversee the overall accounting and financial operations of the organization and its branches.
- Prepare and review monthly, quarterly, and annual financial statements, including Balance Sheets, Income & Expenditure Statements, and Cash Flow Statements.
- Ensure accurate maintenance of books of accounts, ledgers, journals, and financial records.
- Monitor fee collections, outstanding receivables, vendor payments, and operational expenses.
- Review bank reconciliations and ensure proper accounting of all financial transactions.
B. Taxation & Statutory Compliance
- Ensure timely compliance with applicable Income Tax, TDS, GST, PF, ESI, Professional Tax, and other statutory requirements.
- Oversee the preparation and filing of applicable statutory returns and tax documents.
- Monitor compliance requirements applicable to educational institutions and charitable trusts.
- Coordinate with tax consultants and statutory authorities and handle assessments, notices, and related documentation.
C. Budgeting & Financial Planning
- Prepare annual budgets and financial forecasts in consultation with management.
- Monitor actual expenditure against approved budgets and identify significant variances.
- Develop strategies for cost control, resource optimization, and improved financial efficiency.
- Monitor cash flow, fund utilization, working capital, and financial commitments.
- Provide financial analysis to support management decisions and organizational expansion.
D. Audit & Internal Controls
- Coordinate internal, statutory, and tax audits.
- Ensure financial records, vouchers, invoices, and supporting documents are maintained properly.
- Establish and monitor internal financial controls to prevent errors, fraud, and unauthorized expenditure.
- Review audit observations and ensure timely corrective action.
- Conduct periodic financial reviews across branches and report discrepancies to management.
E. Management Information System (MIS)
- Prepare and submit periodic financial reports and MIS statements to senior management.
- Provide branch-wise financial performance reports, budget variance analysis, and cash flow summaries.
- Analyse revenue, expenditure, outstanding payments, and cost trends.
- Present financial insights and recommendations to the Chairman and Managing Trustees.
F. Team Management & Coordination
- Supervise the Finance & Accounts team and review their work.
- Coordinate with branch heads, school administrators, HR, procurement, and other departments.
- Ensure timely salary accounting, vendor payments, reimbursements, and financial settlements.
- Develop and implement financial policies, accounting procedures, and standard operating procedures (SOPs).
3. Educational Qualification
- Qualified Chartered Accountant (CA)
and member of the Institute of Chartered Accountants of India (ICAI).
- Strong knowledge of accounting standards, taxation, auditing, and financial management.
4. Experience
- Minimum 3–5 years of post-qualification experience preferred.
- Experience in educational institutions, school groups, charitable trusts, or multi-branch organizations will be an added advantage.
- Experience in managing end-to-end finance and accounts operations is preferred.
5. Required Skills & Competencies
- Strong knowledge of accounting, taxation, auditing, and statutory compliance.
- Proficiency in Tally / ERP accounting software and MS Excel.
- Excellent financial analysis, budgeting, and reporting skills.
- Strong leadership, problem-solving, and decision-making abilities.
- Valuable communication and coordination skills.
- High standards of integrity, confidentiality, and professional ethics.
6. Key Performance Indicators (KPIs)
- Timely completion of financial statements and management reports.
- Timely filing of applicable statutory returns and tax payments.
- Accuracy of accounts and successful completion of audits.
- Effective budget monitoring and cost-control measures.
- Timely reconciliation of bank accounts and financial transactions.
- Reduction in accounting discrepancies and repeat audit observations.
- Timely submission of branch-wise financial reports to management.
Note: The candidate must be capable of independently managing financial operations, ensuring statutory compliance, strengthening internal controls, and providing reliable financial guidance to senior management.
Pay: ₹90,000.00 - ₹100,000.00 per month
Work Location: In person
📌 Chartered Accountant (Dindigul)
🏢 TAAC Institutions
📍 Dindigul