Accounts Executive

Job Description

The School Accounts Executive is responsible for managing the financial records of the school, ensuring compliance with accounting standards, processing payments and receipts, preparing financial reports, managing budgets, and supporting the administration in financial planning. Key Responsibilities: Maintain and update accurate financial records using accounting software (e.g., Tally, QuickBooks, etc.) Prepare monthly, quarterly, and annual financial statements and reports Handle fee collection, issue receipts, and reconcile bank deposits Monitor accounts payable and receivable and ensure timely payment processing Assist in budgeting and financial planning activities Manage payroll processing and staff reimbursements Ensure compliance with statutory obligations including taxes, audits, and regulatory filings Maintain petty cash and ensure proper documentation for all expenditures Coordinate with internal and external auditors during audits Liaise with vendors, banks, and government bodies as needed Generate and present financial reports to school management and the board Assist in drafting financial policies and implementing internal controls Requirements & Qualifications: Bachelors degree in Accounting, Finance, Commerce, or related field Proven experience in an accounting role, preferably in an educational institution Proficiency in accounting software and MS Office (Excel, Word) Knowledge of school finance and regulatory requirements is a plus Strong analytical and numerical skills Excellent attention to detail and organizational skills Good communication and interpersonal abilities Ability to handle confidential information with integrity Desirable Attributes: Experience with school ERP or management systems Understanding of local tax laws and compliance Ability to work independently and as part of a team May require interaction with parents regarding fee-related matters