Finance Officer/Accountant

Role & responsibilities

Position - Finance Officer/Accountant

Location - Pune

1. Accounting Operations

Maintain accurate books of accounts and accounting records.

Record daily financial transactions in the accounting system.

Manage General Ledger, Accounts Payable, and Accounts Receivable.

Prepare journal entries and maintain supporting documentation.

Perform monthly and annual account closing activities.

Ensure proper accounting of income, expenses, assets, and liabilities.

2. Student Fee Management

Monitor student fee collections and outstanding dues.

Process fee receipts, invoices, refunds, and adjustments.

Reconcile student fee collections with bank statements and accounting records.

Coordinate with the administration and admissions teams regarding fee-related matters.

Prepare regular reports on fee collection and outstanding balances.

3. Bank & Account Reconciliation

Perform regular bank reconciliations.

Reconcile customer, vendor, student fee, and other ledger accounts.

Identify and resolve discrepancies in a timely manner.

4. Accounts Payable & Receivable

Process vendor invoices and payments.

Maintain accurate supplier and vendor records.

Track outstanding receivables and payables.

Ensure timely payment of approved expenses.

Coordinate with vendors regarding invoices and payment queries.

5. Payroll & Employee Expenses

Support monthly payroll processing and related accounting entries.

Ensure accurate accounting of salaries, reimbursements, and employee benefits.

Assist with statutory deductions and payroll-related compliance.

Process staff expense claims and reimbursements as per institutional policies.

6. Statutory Compliance

Assist in ensuring compliance with applicable tax and statutory requirements.

Support GST, TDS, PF, ESIC, Professional Tax, and other applicable statutory filings and payments.

Maintain proper records and documentation for audits and statutory requirements.

Coordinate with external auditors, tax consultants, and regulatory authorities when required.

7. Budgeting & Financial Reporting

Assist in preparing annual budgets and financial forecasts.

Prepare monthly financial reports and management information reports.

Monitor actual expenses against approved budgets.

Highlight significant variances and provide relevant explanations.

8. Audit & Internal Controls

Support internal and external audit activities.

Provide financial documents and schedules required for audits.

Maintain proper documentation and ensure compliance with internal financial controls.

Assist in implementing process improvements to strengthen financial controls .