For Job code : ADM001
| The Job: | Finance Officer |
| Qualification | Education Qualification: Bachelor’s degree: The candidate should have a bachelor’s degree in finance, Accounting, Economics, or a related field from a recognized university or institute. A higher degree such as a master’s degree in finance, Accounting, or Business Administration may be preferred. Professional Certification: Professional certification such as Chartered Accountant (CA), Certified Management Accountant (CMA), Certified Public Accountant (CPA), or other relevant certifications may be preferred. |
| Experience: | Experience in financial management: The candidate should have a minimum of 10-12 years of relevant experience in financial management, accounting, budgeting, or finance-related roles, preferably in an educational institution or similar environment. Experience in higher education: Experience working in finance or accounting roles in higher education institutions, particularly in engineering colleges or technical institutes, may be preferred. Skill Set Required Financial management: Strong knowledge of financial management principles, practices, and regulations, including budgeting, financial analysis, financial reporting, and auditing. Accounting and taxation: Proficiency in accounting principles, practices, and software, as well as understanding of taxation laws and regulations relevant to educational institutions. Financial planning and forecasting: Ability to develop and implement financial plans, budgets, and forecasts, and monitor financial performance against established targets. Compliance and regulatory knowledge: Knowledge of relevant laws, regulations, and guidelines related to finance and accounting in educational institutions, including those issued by statutory bodies or government agencies. Communication and leadership skills: Excellent communication skills, both written and verbal, as well as leadership skills to effectively manage a finance team, liaise with other departments, and communicate financial information to stakeholders. Analytical and problem-solving skills: Strong analytical and problem-solving skills to identify financial issues, analyze data, and develop solutions to financial challenges. |
| Location: | Mysuru |
| Employment Type: | Permanent |
| Roles and Responsibilities: | – Maintaining accounts, cash books / ledgers in the Accounting Software. – Preparation of monthly accounts including cash books, journals – Verifying bills prepared – Preparation and consolidation of budgets pertaining to the Institute/ departments/ centres. – Prepare office due, fee collection statement for submission to the Management. – Prepare fund requirement statement for submission to the Management – Coordinating with KEA/KUPECA/VTU and other statutory departments for collection of fee due to Institute. – Coordinate with Statutory / Private authorities, Banks and organizations who grant Scholarship/Financial Aid to students for timely release of due fee amount. – Supervision of Bank remittance, Reconciliation, etc. – Preparation of daily receipts and challans and submission of associated details along with remittance details to Registrar/Principal for scrutiny. – Verification of cheques and bills. – Writing daily collection register for college accounts. – Writing demand draft register, and other forms of money value register – Preparation of audit reports and replies – Responsible of keeping the following in safe custody: – Bill books / receipt books – Files pertaining to accounts/purchases – Registers – Cash books – Ledgers – Vouchers – Cheque books / pass books – Bank challans – Fixed deposit certificates – Other important office documents – Processing of Salary in A-IMS and arranging for Bank Transfers. – Receiving of Cash, DD’s and / Reports generated in A-IMS from Exam Section, Fee Section and other departments on daily basis and make necessary arrangements for depositing the same to Bank. – Download the Collection Report from A-IMS on daily basis and check whether the duly signed hard copy is received from concern person and then update the transactions in Tally. – Making Statutory Payments like PF, ESI, PT, IT, etc., after due verification. – Preparation of acquaintance register and obtaining signatures of all employees. – Attending to the subject of income tax, and performing TDS at source for all payment transactions. – Writing Caution deposit register, if any – Any other accounts related function assigned from time to time. |
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