Head Accountant

Location: Phulnakhra/Jaripada
Department: Finance & Accounts
Reporting To: Chief Financial Officer
Employment Type: Full-Time
Salary: 25K
Key Responsibilities
Financial & Accounting Management
- Manage day-to-day accounting operations and maintain accurate books of accounts.
- Oversee receipts, payments, journal entries, bank transactions, and reconciliations.
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Monitor cash flow, expenses, outstanding payments, and receivables.
- Ensure proper documentation and maintenance of all financial records.
School Fee & Receivables Management
- Oversee student fee collection, fee receivables, refunds, concessions, and adjustments.
- Monitor outstanding fees and coordinate with the administration for timely recovery.
- Maintain accurate records of student-related financial transactions.
- Coordinate with the school’s fee management/software system.
Budgeting & Financial Planning
- Assist the school management in preparing annual budgets.
- Monitor actual expenditure against approved budgets and highlight significant variances.
- Provide financial inputs for school activities, events, procurement, infrastructure, and other initiatives.
- Support management in cost control and financial planning.
Payroll & Employee-Related Accounts
- Coordinate payroll processing and ensure timely salary payments.
- Verify attendance, deductions, reimbursements, advances, and other employee-related financial transactions.
- Coordinate with HR for payroll-related documentation and statutory deductions.
Statutory Compliance & Audit
- Ensure timely compliance with applicable tax and statutory requirements.
- Prepare required schedules, statements, and supporting documents for audits.
- Maintain proper records for statutory and internal audits.
- Ensure compliance with school policies and applicable accounting standards.
Banking & Vendor Management
- Manage school bank accounts, deposits, payments, and reconciliations.
- Oversee vendor payments and verify invoices and supporting documents.
- Maintain records of advances, deposits, and outstanding vendor balances.
Internal Controls
- Establish and maintain appropriate financial controls and approval processes.
- Ensure proper segregation of duties and authorization of financial transactions.
- Identify discrepancies, irregularities, or financial risks and report them to management.
- Maintain confidentiality of sensitive financial and employee information.
Required Qualifications
- Bachelor’s degree in Commerce, Accounting, Finance, or a related field.
- CA Inter / M.Com / MBA Finance or equivalent qualification will be an advantage.
- Strong knowledge of accounting principles, taxation, financial reporting, and statutory compliance.
- Proficiency in *Tally / ERP accounting software and MS Excel*.
- Strong analytical, numerical, and reconciliation skills.
Experience
- 3-4 years of relevant experience in accounting and finance.
- Experience in a *school, educational institution, or similar organisation* will be preferred.
Key Skills
- Financial Accounting & Reporting
- Budgeting & Financial Planning
- Fee & Receivables Management
- Taxation & Statutory Compliance
- Payroll Coordination
- Audit Management
- Bank Reconciliation
- Vendor Management
- Tally / ERP
- Advanced MS Excel
- Team Management
- Attention to Detail
- Confidentiality & Integrity

Work arrangement
No