Role Overview
The Accounts Officer will lead the centralized finance and accounting operations for the college's Trust and other trusts. This role is responsible for ensuring rigorous financial control, statutory compliance, and seamless consolidation of accounts across all constituent higher education institutions, autonomous colleges, and associated partnership firms. The ideal candidate must possess deep expertise in trust accounting, tax regulations for educational charities, and institutional ERP systems.
Key Responsibilities
1. Multi-Trust Financial Management & Consolidation
- Manage end-to-end accounting processes all trusts managed by the management and any associated partnership firms.
- Prepare and finalize annual financial statements, Balance Sheets, and Income & Expenditure accounts for each distinct trust and institution.
- Ensure accurate inter-trust and inter-institutional reconciliation of funds and asset transfers.
- Track financial obligations, revenue, and accounting entries related to lease and rental agreements across various trust properties.
2. Institutional Operations & ERP Management
- Oversee daily financial operations across all constituent colleges, including fee reconciliation, autonomous examination fee accounting, and vendor disbursements.
- Drive the continuous integration and management of the financial modules within the institutional ERP system, ensuring 100% data accuracy between fee collection portals and accounting software.
- Manage centralized payroll processing, ensuring accurate deductions and timely remittance of EPF, ESI, and professional tax.
3. Statutory Compliance & Taxation
- Ensure strict adherence to Income Tax regulations governing charitable trusts (Sections 11, 12A, 12AB, and 80G).
- Calculate, deduct, and file all statutory returns accurately and on time, including TDS, TCS, and GST.
- Manage the financial documentation required for institutional accreditations (e.g., NAAC, IQAC) and regulatory bodies (e.g., UGC, AICTE).
4. Audit & Grant Management
- Act as the primary point of contact for internal, concurrent, and statutory auditors, providing required schedules, ledgers, and resolving audit queries promptly.
- Maintain separate, meticulously detailed ledgers and bank accounts for government or regulatory grants.
- Prepare and submit accurate Utilization Certificates (UCs) for autonomous and institutional grants.
5. Budgeting & Financial Reporting
- Collaborate with the Board of Trustees and institution Principals to draft annual operating and capital expenditure (CapEx) budgets.
- Present consolidated monthly Management Information System (MIS) reports to the Trustees, highlighting cash flow status, budget variances, and key financial metrics.
- Maintain and verify the centralized fixed asset register across all campuses.
Required Qualifications & Experience
- Educational Background: CA Inter, CMA Inter, M.Com, or MBA in Finance.
- Experience: Minimum of 7 to 10 years of progressive accounting experience. Mandatory requirement: At least 3–5 years of experience specifically handling the accounts of educational institutions, autonomous colleges, or charitable trusts.
- Technical Skills:
- Expert-level proficiency in Tally Prime (including multi-company and cost-center management).
- Strong experience managing finance modules within educational ERP systems.
- Advanced MS Excel skills.
- Domain Knowledge: Thorough understanding of Indian Trust Act regulations, NGO taxation, and UGC/university financial compliance standards.
Core Competencies
- High ethical standards and uncompromised integrity in handling trust funds.
- Strong analytical skills to manage and consolidate complex, multi-entity financial structures.
- Ability to enforce financial discipline across diverse academic and administrative departments.
Accomodations will be provided
Pay: ₹40,000.00 - ₹75,000.00 per month
Benefits:
- Commuter assistance
- Food provided
Work Location: In person
