Senior Accountant

Department: Finance & Accounts

Location: Andheri (Mumbai)

Reporting To: Finance Manager / CFO

Role Overview

The Senior Accountant will own end-to-end accounting operations, ensure statutory compliance, and deliver accurate financial reporting. This role demands control, discipline, and zero tolerance for errorsbecause finance is not a trial-and-error function.

Key Responsibilities

1. Financial Accounting & Reporting

Maintain books of accounts as per Indian GAAP

Prepare monthly, quarterly, and annual financial statements

Handle GL scrutiny, reconciliations, and closing processes

Ensure accuracy in revenue recognition (important for education business model)

2. Compliance & Taxation

Manage GST compliance (returns, reconciliations, audits)

Handle TDS/TCS filings and reconciliations

Ensure compliance with Companies Act, 2013 requirements

Coordinate with auditors for statutory, internal, and tax audits

3. Receivables & Payables Management

Monitor student fee collections, outstanding receivables

Vendor payments and payable cycles management

Implement strong credit control mechanisms

4. Banking & Cash Flow

Perform bank reconciliations regularly

Manage cash flow forecasting and fund planning

Liaise with banks for day-to-day operations

5. Internal Controls & Process Improvement

Strengthen accounting controls and SOPs

Identify inefficiencies and drive automation (ERP, accounting tools)

Ensure audit readiness at all times

6. Team Handling

Supervise junior accountants

Review work, provide guidance, and maintain accountability

Key Requirements

Qualifications

B.Com / M.Com / CA Inter (CA preferred mindset even if not qualified)

Experience

47 years of relevant accounting experience

Prior experience in education / service sector is an advantage

Technical Skills

Strong knowledge of GST, TDS, and financial reporting

Hands-on with accounting software (Tally / Zoho / ERP systems)

Advanced Excel skills (non-negotiable)

Core Competencies

High attention to detail

Strong analytical and reconciliation skills

Ownership mindset not just data entry

Ability to meet deadlines under pressure

Performance Metrics (KPIs)

Timely closure of books (monthly deadlines)

Zero or minimal audit qualifications

Accuracy in compliance filings

Reduction in receivable days