27 Oct
|
LEAD Group
|
Mumbai
Role: Assistant Manager - FP&A;
Location: Mumbai
LEAD started with a vision to provide disruptive Ed-tech solutions for all stakeholders. Since then, LEAD has grown into a team of proficient individuals striving to transform education. We are looking to hire an Assistant Manager who will manage key financial operations related to financial modelling, budgeting, forecasting, fee management, reconciliation, compliance, procurement, stock management and reporting.
This role is critical for maintaining accurate financial records, statutory compliance, and supporting cost efficiency across the school vertical.
Key Responsibilities:
- Prepare budgets, forecasts, and financial projections for revenue and expenses.
- Analyse budget vs. actual performance, identify variances, and recommend corrective actions.
- Prepare periodic MIS reports covering collections, receivables, expenses, and cash flows.
- Monitor key financial KPIs, operating costs, and working capital.
- Provide financial insights and performance updates to school heads and senior management for decision-making.
- Maintain school fee registers, record collections and adjustments, and follow up on outstanding dues.
- Monitor fee collections with bank transactions and ensure accurate accounting records.
- Monitor banking operations, account reconciliations, KYC compliance, and bank coordination.
- Monitor & track RTE reimbursements/refunds and ensure timely follow-up and proper documentation.
- Monitor inventory levels, coordinate with procurement, and optimize stock availability and costs.
- Monitor and ensure statutory compliance, maintain financial records, and support internal and statutory audits.
Ideal Experience Profile :
- Bachelor’s degree in accounting, finance, or related field.
- 3-6 years of experience in school accounting or similar educational institutions is preferred.
- Robust knowledge of bank reconciliation, statutory compliance, procurement processes, stock management, and MIS reporting.
- Excellent communication skills for coordination with multiple stakeholders.
- Proficiency in Tally, Excel, Google Sheets, and financial reporting tools.
- Detail-oriented with strong organizational skills.
- Ability to manage multiple tasks efficiently.
- A proactive attitude towards problem-solving and process improvement
JOIN US IN TRANSFORMING EDUCATION IN INDIA
📌 Assistant Manager - FP&A (Mumbai)
🏢 LEAD Group
📍 Mumbai