Job Description

The Finance Executive will be responsible for overseeing day-to-day financial operations, ensuring accuracy in record-keeping, compliance with statutory regulations, and providing management with timely financial insights. This role plays a key part in maintaining financial governance, transparency, and accountability within the organization.

Key Deliverables

• Accurate and timely maintenance of financial records.

• Preparation of monthly reconciliation statements.

• Oversight of fee collection and outstanding reports.

• Payroll accuracy and statutory compliance reports.

• Audit-ready financial records and supporting documentation.

• Budget monitoring with detailed variance analysis.

Key Responsibilities

1. Financial Accounting & Record Keeping

• Maintain books of accounts in line with accounting standards.

• Record daily transactions including receipts, vendor payments, salaries, and petty cash.

• Prepare monthly and quarterly financial statements for review.

• Ensure timely reconciliation of bank accounts and ledgers.

2. Fee & Receivables Management

• Handle fee collections through both online and offline channels.

• Track outstanding payments and follow up for timely recovery.

• Maintain transparent records of concessions, scholarships, and refunds.

3. Budgeting & Expense Control

• Assist in drafting the annual budget aligned with operational goals.

• Monitor expenditures against budget allocations and report variances.

• Verify vendor invoices and ensure timely settlement of payments.

4. Compliance & Audit Support

• Ensure adherence to statutory requirements (Income Tax, GST, PF, ESI, etc.).

• Maintain accurate documentation for compliance and audit purposes.

• Coordinate with internal and external auditors during financial reviews.

5. Reporting & MIS

• Generate periodic financial and MIS reports for management.

• Provide financial data and insights to support informed decision-making.

• Uphold confidentiality and integrity of financial information.