Job Description

Function:

Finance

Location:

Mohali

Reports to Position:

Manager (Accounts Receivables)

Band:

A4

Reportees to Position:

None

Job Purpose

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Handling of student fee invoices, receipt and accounting, corporate customers invoice generation and accounting, customer payment receipt accounting, student scholarships and accounting, reconciliation of fee receipts with bank statements and reconciliation.

Job Outline

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At ISB, Finance plays a key role in controlling and managing the financials of the institute. The department also handles all the legal matters as well as all aspects related to statutory compliances.



The jobholder as Associate - Finance reports to the Manager - Finance (Accounts Receivables) and performs a set of responsibilities which enables timely and accurate accounting of fee receipts, generating and accounting of student debit notes, generating invoices and accounting of customer money receipts and attending to student exit formalities.



The job holder needs to verify the fee receipts and reconcile the same with bank accounts, sale orders and reconcile the same with customer order and agreements, verify customer receipts and account the same accurately, verify the TDS certificate receipts and account the same accurately and attend day to day student queries. S/he needs to also verify the supporting documents for the following:


Accuracy of the transactions Approvals as per school policy, fee schedule Terms as per the customer orders / agreements




The incumbent needs to determine the account heads, enter the transaction in SAP and put across the same the reporting manager for further approval.



The job holder needs to ensure that established processes related to accounting are followed for all transactions and are in adherence to the school's requirements.




While executing the job the job needs to respond to the queries, clarify doubts related to fee receipts, debit notes, customer invoices, customer receipts etc. and provide details. S/he needs to also provide necessary information when sought for to the other departments. Further as and when required s/he needs to provide support and assistance to the team members.

Job Specifications

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Knowledge / Education:

B.Com / M.Com / MBA
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Specific Skills:

Interpersonal Skill Good communication skills Basic accounting knowledge Coordination Skills Follow Up Attention to Details Time Management SAP MS Office
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Desirable Experience:

2 to 4 years

Job Interface/Relationships

Internal

External

Departments relating to Customes and students, Scholarships, Sponsors etc.

Customers

Key Responsibilities

% Time Spent

Accounting of student fee receipts, debit notes and attending to student queries, student exit formalities, Corporate customers invoicing, debit notes, receipt entries etc. 55%


Accounting of invoices, receipts from customers, TDS receipts etc. 35%


To ensure accurate accounting of bills, adherence to processes & policies of the School, providing support to team members 10%

Total Time Spent on All Responsibilities

100%

Key Result Area

Key Performance Indicator

Measure

Weightage

Maintain Books of accounts

Maintain Error free book of accounts Accurate and timely updation of records Compliance with accounting standards

Accuracy and correctness of the books of account Meeting timeline Compliance with the procedures
80%

Addressing queries of other departments

Two way timely communication with accuracy and correctness of data

Accuracy Meeting timeline Number of queries on daily basis
20%


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Any Other Significant Input

To apply, please write to talent_acquisition@isb.edu.


Hyderabad Campus
Indian School of Business



Gachibowli, Hyderabad - 500111



Timings : Monday- Friday, 08:00 AM IST to 06:00 PM IST040 23187777 0172 4591800 careers_hyderabad@isb.edu careers_mohali@isb.edu careers_ra@isb.edu
Mohali Campus
Indian School of Business



Knowledge City



Sector 81, SAS Nagar ,Mohali - 140 306