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Accounts Manager
Kidzonia Preschool
posted 11hr ago
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Job Description
The Accounts & Finance Manager at Kidzonia International Preschools will be responsible for overseeing all financial and accounting operations, including MIS reporting, compliance, budgeting, financial forecasting, and projections . This role demands a strong financial acumen, leadership skills, and deep expertise in tax regulations, accounting standards, and financial strategy to support the organizationgrowth. The candidate must have experience handling multiple branches/accounts and be able to align financial planning with business objectives.
Key Responsibilities:
1. Financial Planning, Budgeting & Forecasting
- Develop and manage the annual budget for all Kidzonia centers and the Head Office.
- Prepare financial forecasts & projections to support business expansion and revenue growth.
- Analyze financial performance and present insights for cost control and revenue optimization.
- Provide variance analysis and recommend corrective actions to meet financial targets.
- Monitor working capital and ensure efficient cash flow management .
2. MIS & Financial Reporting
- Prepare and present monthly, quarterly, and annual MIS reports to senior management.
- Develop customized financial dashboards to track key performance indicators (KPIs).
- Generate Profit & Loss statements, Balance Sheets, Cash Flow Statements, and Variance Reports.
- Analyze trends and prepare reports for decision-making at the corporate and operational levels .
3. Compliance, Taxation & Regulatory Filings
- Ensure compliance with GST, TDS, Income Tax, PF, ESIC, and other statutory requirements .
- Handle tax planning and optimization to maximize benefits and minimize liabilities.
- Manage timely filing of GST returns, TDS payments, and annual income tax returns .
- Ensure adherence to RBI, Companies Act, and other financial regulations applicable to preschools.
- Liaise with auditors, consultants, and tax authorities for assessments and audits.
4. Accounting Operations & Internal Controls
- Oversee bookkeeping, general ledger maintenance, and reconciliations .
- Ensure accurate and timely finalization of accounts and statutory reporting.
- Implement and strengthen internal controls, SOPs, and risk management measures .
- Monitor accounts payable and receivable to maintain financial stability.
- Manage petty cash control, expense approvals, and cost allocation across branches.
5. Audits & Risk Management
- Coordinate with internal and external auditors for statutory and compliance audits.
- Ensure all financial records are audit-ready and accurately maintained .
- Identify and mitigate financial risks, fraud, and inefficiencies in financial operations.
6. Cost Optimization & Expense Management
- Analyze expenses and identify cost-saving opportunities to improve profitability.
- Implement expense tracking systems for better financial control.
- Monitor vendor payments and negotiate better pricing terms for services & procurements .
7. Payroll & Employee Benefits Management
- Oversee salary processing, PF, ESIC, and employee reimbursements .
- Ensure TDS deduction, professional tax filing, and compliance with labor laws .
- Work with HR to ensure payroll accuracy, bonus payments, and incentives processing .
8. Business Expansion & Financial Strategy
- Support the business expansion plan by providing financial feasibility analysis.
- Assist in decision-making related to new preschool openings, property acquisitions, and investments .
- Develop financial models to assess ROI, break-even analysis, and center profitability .
- Manage relationships with banks, financial institutions, and investors for funding & credit facilities.
Requirements Key Skills & Competencies:
Technical & Financial Expertise:
\u2714 Strong knowledge of Accounting Standards (IND AS), GAAP, and Financial Management .
\u2714 Proficiency in Tally, ERP, Excel, and financial modeling tools .
\u2714 Expertise in MIS reporting, financial projections, budgeting, and variance analysis .
\u2714 Hands-on experience with GST, TDS, Income Tax, and other statutory compliances .
\u2714 Familiarity with school/preschool finance operations is a plus.
Analytical & Strategic Thinking:
\u2714 Strong analytical and problem-solving skills to optimize financial performance.
\u2714 Ability to analyze data, identify trends, and present meaningful financial insights .
\u2714 Experience in financial decision-making, investment planning, and business forecasting .
Leadership & Team Management:
\u2714 Strong leadership skills to manage a finance team & drive accountability .
\u2714 Experience in coordinating with auditors, banks, consultants, and regulatory authorities .
\u2714 Ability to train, mentor, and build a high-performing finance team .
Communication & Stakeholder Management:
\u2714 Excellent verbal and written communication skills for financial reporting and presentations.
\u2714 Ability to communicate financial insights effectively with senior management and stakeholders .
\u2714 Strong negotiation skills for vendor management, banking relationships, and investor communication .
Qualifications & Experience:
- Education:
- CA / ICWA / MBA in Finance (Preferred) OR
- M.Com / B.Com with strong financial management experience .
- Experience:
- 8-10 years of experience in finance & accounts, with at least 3-5 years in a managerial role .
- Prior experience in Education, Preschool, or Service Industry will be an advantage.
Benefits Work Environment & Benefits:
\u2714 Leadership role in one of Indiafastest-growing preschool chains .
\u2714 Competitive salary + performance-based incentives .
\u2714 Exposure to multi-branch financial management .
\u2714 Opportunities for career growth and strategic decision-making .
\u2714 Dynamic and collaborative work environment at the Mumbai Head Office .
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- 8-10 years of experience in finance & accounts, with at least 3-5 years in a managerial role .
- CA / ICWA / MBA in Finance (Preferred) OR
- Education:
- Support the business expansion plan by providing financial feasibility analysis.
- Oversee salary processing, PF, ESIC, and employee reimbursements .
- Analyze expenses and identify cost-saving opportunities to improve profitability.
- Coordinate with internal and external auditors for statutory and compliance audits.
- Oversee bookkeeping, general ledger maintenance, and reconciliations .
- Ensure compliance with GST, TDS, Income Tax, PF, ESIC, and other statutory requirements .
- Prepare and present monthly, quarterly, and annual MIS reports to senior management.
Employment Type: Full Time, Permanent
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