Finance Officer needed for an upcoming CBSE school in Bharuch - ( Job ID - 22295) - EducoHire

    EducoHire
    EducoHire Bharuch

    4 days ago

    Description
    Finance Officer needed in an Upcoming CBSE school in Bharuch, Gujarat.

    Note - Immediate joining needed. 

    Experience - 3 to 5 years  
    Qualification: Post Graduate ) ,Graduate )

    The role primarily focuses on: 
    Voucher processing,
    Cash & bank payments,
    Passing of entries,
    Bank reconciliation,
    IUTA reconciliation,
    Issue of TDS certificates,
    Preparation of TDS and service tax/ GST returns,
    TDS deposit, service tax/ GST deposit,
    PF, ESI return and deposit etc.

    Revenue: 

    Ensure timely invoicing of fee bills and circulation of the bills to the parents for payment
    Ensuring timely deposit of the fee collected in the designated bank account.
    Ensuring timely reconciliation of the fee received.
    Sending reminders to fee defaulters and updating management with respect to the same.

    Books of Accounts: 

    Ensure compliance of Accounting Standards so that books of accounts represent the true and fair view.
    Ensuring the Monthly closure of books in time
    Inter Unit Transfer Amount (IUTA) & bank reconciliation

    Finalization of accounts (Quarterly/Annually): 

    Ensure timely and accurate closing of the Company's accounts & audit on quarterly & annual basis
    Preparation of Consolidated Balance Sheet.

    Timely payment to vendors & employees: 

    Supervise and review payment schedules to ensure that payment is released to all the vendors as per the terms defined and following corrective actions, if needed.
    Cheque preparation and dispatch to relevant parties
    Supervise, review and coordinate disbursement report to ensure that salary is correctly processed and debited to the account of employees in time.
    Scrutiny & approval of all cash & cheque payments

    Statutory Compliances: 

    Ensure compliance with various direct and indirect tax laws
    Verify and deposit all statutory payments
    Stay updated on all changes in Statutory Regulations from time to time and accordingly incorporate the required changes in the system
    Filing returns related to PF, ESI, Service Tax, GST etc.

    Statutory and Internal Audit: 

    Supervise audits and provide adequate support to the auditors
    Supervise and close of all internal and external audit objections and improve processes as per the audit guidelines.

    Builds Checks & Controls: 

    The position holder builds checks and controls in all financial transactions so as to eliminate errors, chances of
    Responsible for streamlining the process affecting the Accounts process like procedure of payment, payroll, fixed assets etc.

    Planning and Budgeting: 

    Consolidate & Maintain Budget for the school
    Prepare and share fortnightly/ monthly/ quarterly reports with the Management.
    Prepare functional documents/ test script/ user documents
    Measure DOP and SOP as per cost boundaries for the project or functional requirements.

    Key Skills: 

    Business acumen and interest
    High level of numeracy
    Analytical ability
    Strong Organizing and Planning skills
    Time management
    Teamwork ability
    Good communication and interpersonal skills
    Proficiency in IT
    Process orientation and problem solving skills

    Local candidates from Bharuch needed.
    Only shortlisted candidates will be contacted.
    Background verification will be conducted for selected candidate.

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