Executive/Sr. Executive, Finance

Job Description:

The role holder is responsible for assisting the Manager in the day-to-day financial operations in the campus.

Key Responsibilities:

• Process student fee billing, related adjustments and billing reconciliations, ensuring accuracy and compliance with approved policies and SOPs.
• Ensure Insurance for all fees paid by students (Fee Protection Scheme - insurance) and submit reports.
• Statutory & Internal audit - Provide all reports / documents for audits conducted.
• Resolve any queries or observation. Ensure Minimal observation / no repeat observation of areas for improvement (AFI) and 100% closure of observations.
• Engage with parents on query resolution on billing and fee collections.
• Response Time (TAT) for queries from parents should be minimal and as defined.
• Collections: Ensure Payment of fees for students billed and raise receipts for all payments made. Ensure Payment of fees by digital means (GIRO/Auto Debit/payment gateway)
• Register Students for GIRO immediately on joining
• Receivables (AR): Follow-up of fee payments & initiate legal procedures for fee defaulters
• Collections: Ensure Deposit of fees to bank account for traditional payment method (Cheque/ Demand Draft/ Cashier order/ Cash)
• Member of scholarship core team and review of applications
• Process credit notes & Voids as per SOPs & provide digitised document to parent
• Process refund of fees as per policy and contracts. Ensure 100% compliance with refund timelines
• Prepare Monthly MIS Report for Collections & reconciliations
• Support in Implementation / upgradation/ maintenance (LMS / other equivalent system)

Job Requirements

Minimum Qualifications: Bachelor's degree/Diploma or equivalent in the required domain

Experience: 3+

Working Schedule: 5.5 days, On-site

Work Location: In person