Accounts Manager-International School, Mumbai Job Description Template
The Accounts Manager for the International School in Mumbai will be responsible for managing the financial aspects of the institution. This includes ensuring accurate financial reporting, budget management, compliance with financial regulations, and financial planning to support the school's objectives. The role demands a high level of accuracy and integrity.
Responsibilities
- Prepare and maintain accurate financial statements and reports.
- Manage the school's budget, monitoring expenditures and revenues.
- Ensure compliance with local and international financial regulations.
- Coordinate with auditors during financial audits and implement audit recommendations.
- Oversee payroll processing and ensure timely disbursements.
- Provide financial analysis and insights to support strategic decision-making.
- Maintain and update financial records and documentation.
- Handle banking transactions and manage cash flow effectively.
- Assist in the development and implementation of financial policies and procedures.
- Collaborate with other departments to ensure alignment of financial goals.
Qualifications
- Bachelor’s degree in Finance, Accounting, or a related field.
- Professional accounting qualification (e.g., CA, CPA) is preferred.
- Minimum of 5 years of experience in financial management, preferably in the education sector.
- Strong knowledge of financial regulations and compliance requirements in India.
- Proficiency in financial software and MS Office, particularly Excel.
- Excellent analytical, organizational, and problem-solving skills.
- Strong communication skills and ability to work collaboratively with various stakeholders.
- High level of integrity and attention to detail.
Skills
- Financial Reporting
- Budget Management
- Audit Coordination
- Payroll Processing
- Financial Analysis
- Cash Flow Management
- Financial Software (e.g., Tally, QuickBooks)
- Excel
- Regulatory Compliance
- Policy Development
Frequently Asked Questions
An Accounts Manager at an International School in Mumbai is responsible for overseeing financial operations, managing budgets, ensuring compliance with financial regulations, and preparing financial reports. They maintain accurate financial records and facilitate audits. They also work closely with school administrators to provide financial advice and assist in strategic planning.
To become an Accounts Manager at an International School in Mumbai, a candidate typically needs a degree in accounting or finance, accompanied by professional certifications such as CA or CMA. Experience in educational finance and strong skills in budgeting, financial analysis, and accounting software are crucial. Networking and staying updated with industry trends can also be beneficial.
The average salary for an Accounts Manager at an International School in Mumbai depends on factors such as experience, educational background, and the school's size. Typically, salaries include a base pay with potential bonuses or benefits. It's recommended to consult salary surveys or job portals for the latest figures, as they provide a comprehensive salary range for this position.
The role of Accounts Manager at an International School in Mumbai generally requires a bachelor's degree in accounting, finance, or a related field. Professional certifications like Chartered Accountant (CA) or Certified Management Accountant (CMA) are highly desired. Relevant work experience, particularly in an educational setting, enhances employability.
An Accounts Manager at an International School in Mumbai must have skills in financial analysis, budgeting, and use of accounting software such as Tally or QuickBooks. Responsibilities include preparing financial statements, managing payroll, ensuring regulatory compliance, and supporting audits. Strong communication skills are important for collaborating with school stakeholders.