Job Opportunity for Finance Associate at iTeachSchools in Pune

Responsibilities 

The Finance Associate will work directly with the Finance Manager. Given that iTeach Schools is eight years old and expanding fast, we are looking for people eager to execute the most effective systems and processes, combining researched best practices with their own contextual innovation.

Stakeholder Management and Operation Support

Collaborate closely with school administrative staff to address financial needs and concerns.
Build and maintain relationships with vendors and funding partners to ensure seamless financial transactions.
Provide support for iTeach Schools in completing FCRA (Foreign Contribution Regulation Act) requirements.
Work collaboratively within the Central Team, fostering effective communication and coordination among all staff members.
Collaborate with the Operations team to provide financial support for various events at the team and organisational levels.
Visit banks, vendors, and partners to ensure effective coordination of financial tasks and activities.

Finance Management

Review and approve expense reports for schools and the Central Office, ensuring adherence to financial policies.
Facilitate bank payments and manage the reimbursement process for bills submitted by staff members.
Manage petty cash funds, manage donations and update donor data.
Utilise financial software, including Tally and other tools, to maintain financial records accurately.
Work closely with the HR team, prepare salary sheets, and oversee disbursement.

Compliance and Reporting

Handle government-related financial tasks, including PF, ESIC, PT, and TDS calculations, payments, and follow-ups.
Assist in preparing and organising audit documentation, collaborating with CA-CS professionals and visiting their offices as needed.
Create Fund Utilization Reports for each entity to demonstrate fund allocation.
Provide valuable inputs to enhance finance, accounting, and reporting systems

Experience and Competencies 

Graduate in commerce with a strong understanding of accounts, taxation, and financial compliance 
Preferred: 1+ years work experience in Finance 
Preferred: Tally and other software for maintaining financial records.

Location: Pune 

Salary- Salary is decided based on the candidate’s education and work experience. Our usual compensation for this role lies between 3.12 Lakh Per Annum – 3.6 Lakh Per Annum. We also take pride in providing the best of industry benefits such as PF, Gratuity, Medical Insurance etc.