The School Accountant is responsible for managing the school's financial records, fee collections, payroll, budgeting, statutory compliance, and ensuring accurate and transparent accounting practices in accordance with school policies and government regulations.
Key Responsibilities1. Financial Management
Maintain day-to-day accounts of the school.
Record all receipts, payments, and journal entries accurately.
Prepare monthly, quarterly, and annual financial statements.
Manage cash flow and bank transactions.
2. Fee Management
Maintain student fee records and ledgers.
Monitor fee collection, outstanding dues, and follow-ups.
Issue fee receipts and reconcile collections.
Coordinate with admin staff regarding fee concessions and scholarships.
3. Payroll & Staff Accounts
Prepare monthly salary statements for teaching and non-teaching staff.
Manage deductions such as PF, ESI, TDS, loans, and advances.
Maintain staff salary records and payslips.
4. Statutory Compliance
Ensure timely filing of:
TDS returns
PF and ESI contributions
Professional Tax
Income Tax related documents
Coordinate with auditors and provide required financial data.
5. Budgeting & Audit Support
Assist management in preparing annual budgets.
Monitor expenditure against approved budgets.
Support internal and external audits.
Maintain audit-ready records and documents.
6. Inventory & Asset Records
Maintain records of school assets and depreciation.
Coordinate with store/inventory in-charge for stock verification.
7. Reporting & Documentation
Prepare MIS reports as required by management.
Maintain vouchers, bills, invoices, and supporting documents.
Ensure proper filing and record-keeping.
Qualifications & SkillsEducational Qualification
B.Com / M.Com (preferred)
Accounting or finance certification is an advantage
Experience
Minimum 2-5 years of experience as an accountant
Experience in a school or educational institution preferred
Skills
Knowledge of accounting software (Tally, ERP, Excel)
Strong numerical and analytical skills
Knowledge of statutory compliance in India
High level of accuracy and confidentiality
Good communication and coordination skills
Job Types: Full-time, Permanent
Pay: From ?30,000.00 per month
Benefits:
Provident Fund
Work Location: In person
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