25 Oct
|
Rishs International School
|
Mangadu
25 Oct
Rishs International School
Mangadu
A Deputy General Manager (DGM) of Finance and Accounts in a school or educational institution manages the financial operations, legal compliance, budgeting, and accounting teams, usually reporting to the Financial Controller, Director of Finance, or School Board. Role Summary
- Position: DGM - Finance and Accounts
- Level: Senior Management (One step below the General Manager or Chief Financial Officer)
- Core Purpose: To turn institutional financial policies into daily accounting processes, maintain audit-ready books, manage cash flows, and ensure statutory compliance.
Key Responsibilities
- Books & Finalization of Accounts
- Execute and oversee monthly, quarterly, and annual closing of accounts (Trial Balance, Profit & Loss, and Balance Sheet).
- Perform ledger scrutiny, reconcile bank statements, inter-company accounts, vendor ledgers, and student fee receivables.
- Oversee accounts payable and accounts receivable, managing fee collection tracking, refunds, and vendor payments.
- Budgeting & Financial Planning
- Assist school leadership in preparing annual capital and operational budgets.
- Monitor actual expenditures against approved budgets, investigate variances, and report anomalies to management.
- Handle cash flow projections and working capital management to ensure smooth school operations.
- Audits & Statutory Compliance
- Coordinate internal, statutory,
and tax audits.
- Ensure timely compliance with local tax laws (TDS, GST, corporate/trust income tax filings), provident fund, and educational regulatory bodies.
- Prepare quarterly limited reviews, MIS (Management Information System) reports, and board/trustee presentations.
- Team Leadership & System Management
- Supervise, mentor, and evaluate the school’s accounting and finance staff.
- Manage ERP and accounting software integrations (such as SAP, Tally, or specialized school management systems).
Qualifications & Requirements
- Education: Qualified CA (Chartered Accountant), ICWA/CMA, or a Master’s degree in Commerce/Finance (M.Com / MBA Finance).
- Experience: Typically 8 to 12 years of progressive experience in finance and accounting, with prior exposure to educational institutions, trusts, or large corporate groups.
- Technical Skills:
- Advanced command over enterprise resource planning (ERP/SAP) and modern accounting packages.
- Deep knowledge of Indian/international GAAP, trust/school accounting standards, and direct/indirect taxation.
- Robust analytical, problem-solving, and cross-departmental communication skill
Regards
Valarmathi
+91-XXXXXXXXXX
Pay: ₹60,000.00 - ₹90,000.00 per month
Work Location: In person
📌 Accounts Head (Mangadu)
🏢 Rishs International School
📍 Mangadu