Accounts Manager

Job Title: Accounts Manager
Location: Coimbatore
Job Type: Full-time
Department: Finance & Accounts
Reporting To: Finance Head / Director

Job Summary:
The Accounts Manager will be responsible for managing the financial operations of the institution, including budgeting, accounting, financial reporting, fee management, and compliance. The role requires strong analytical skills, attention to detail, and a good understanding of financial regulations and best practices.

Key Responsibilities:
Financial Management & Accounting

• Maintain and oversee the institutional's financial records, ensuring accuracy and compliance with accounting principles.
• Manage daily accounting operations, including accounts payable, accounts receivable, and reconciliations.
• Prepare financial statements, reports, and forecasts for management.
• Develop and monitor budgets to ensure financial stability and cost-effectiveness.

Fee Collection & Student Financial Services

• Oversee the student fee collection process, ensuring timely payments and follow-ups.
• Develop and implement policies for fee structures, instalment plans, and scholarships.
• Assist students, employees, and corporate clients with payment-related queries.

Compliance & Audit

• Ensure compliance with tax regulations, government policies, and financial reporting standards.
• Coordinate with external auditors and regulatory bodies for financial audits and reviews.
• Maintain accurate records for GST, TDS, and other statutory payments.

Vendor & Expense Management

• Manage vendor payments and contracts related to the institutional's operations.
• Monitor operational expenses and suggest cost-cutting measures where necessary.

Collaboration & Process Improvement

• Work closely with other departments, including admissions, administration, and training teams, to ensure smooth financial operations.
• Suggest improvements in financial processes and use accounting software for efficiency.

Required Skills & Qualifications:

• Bachelor's or Master's degree in Accounting, Finance, Commerce, or a related field.
• Professional certification (CA, CMA, MBA-Finance, or equivalent) is preferred.
• Minimum of 3-5 years of experience in finance/accounting, preferably in the education or skill development sector.
• Proficiency in accounting software (Tally, QuickBooks, Zoho Books, or similar).
• Strong knowledge of financial regulations, taxation, and compliance.
• Excellent analytical, problem-solving, and communication skills.
• Ability to manage multiple tasks and meet deadlines efficiently.

Preferred Experience:

• Prior experience working in an educational institution or skill development company.
• Knowledge of fee collection systems, student financial management, and financial aid programs.
• Experience in handling corporate training finance and B2B financial transactions.