Bachelor’s degree: The candidate should have a bachelor’s degree in finance, Accounting, Economics, or a related field from a recognized university or institute. A higher degree such as a master’s degree in finance, Accounting, or Business Administration may be preferred.

Professional Certification:

Professional certification such as Chartered Accountant (CA), Certified Management Accountant (CMA), Certified Public Accountant (CPA), or other relevant certifications may be preferred.

Experience in financial management: The candidate should have a minimum of 10-12 years of relevant experience in financial management, accounting, budgeting, or finance-related roles, preferably in an educational institution or similar environment.

Experience in higher education: Experience working in finance or accounting roles in higher education institutions, particularly in engineering colleges or technical institutes, may be preferred.

Skill Set Required

Financial management: Strong knowledge of financial management principles, practices, and regulations, including budgeting, financial analysis, financial reporting, and auditing.

Accounting and taxation: Proficiency in accounting principles, practices, and software, as well as understanding of taxation laws and regulations relevant to educational institutions.

Financial planning and forecasting: Ability to develop and implement financial plans, budgets, and forecasts, and monitor financial performance against established targets.

Compliance and regulatory knowledge: Knowledge of relevant laws, regulations, and guidelines related to finance and accounting in educational institutions, including those issued by statutory bodies or government agencies.

Communication and leadership skills: Excellent communication skills, both written and verbal, as well as leadership skills to effectively manage a finance team, liaise with other departments, and communicate financial information to stakeholders.

Analytical and problem-solving skills: Strong analytical and problem-solving skills to identify financial issues, analyze data, and develop solutions to financial challenges.

• Maintaining accounts, cash books / ledgers in the Accounting Software.
• Preparation of monthly accounts including cash books, journals
• Verifying bills prepared
• Preparation and consolidation of budgets pertaining to the Institute/ departments/ centres.
• Prepare office due, fee collection statement for submission to the Management.
• Prepare fund requirement statement for submission to the Management
• Coordinating with KEA/KUPECA/VTU and other statutory departments for collection of fee due to Institute.
• Coordinate with Statutory / Private authorities, Banks and organizations who grant Scholarship/Financial Aid to students for timely release of due fee amount.
• Supervision of Bank remittance, Reconciliation, etc.
• Preparation of daily receipts and challans and submission of associated details along with remittance details to Registrar/Principal for scrutiny.
• Verification of cheques and bills.
• Writing daily collection register for college accounts.
• Writing demand draft register, and other forms of money value register
• Preparation of audit reports and replies
• Responsible of keeping the following in safe custody:
  • Bill books / receipt books
  • Files pertaining to accounts/purchases
  • Registers
  • Cash books
  • Ledgers
  • Vouchers
  • Cheque books / pass books
  • Bank challans
  • Fixed deposit certificates
  • Other important office documents
• Processing of Salary in A-IMS and arranging for Bank Transfers.
• Receiving of Cash, DD’s and / Reports generated in A-IMS from Exam Section, Fee Section and other departments on daily basis and make necessary arrangements for depositing the same to Bank.
• Download the Collection Report from A-IMS on daily basis and check whether the duly signed hard copy is received from concern person and then update the transactions in Tally.
• Making Statutory Payments like PF, ESI, PT, IT, etc., after due verification.
• Preparation of acquaintance register and obtaining signatures of all employees.
• Attending to the subject of income tax, and performing TDS at source for all payment transactions.
• Writing Caution deposit register, if any
• Any other accounts related function assigned from time to time.