Job Title:

Associate – Cash and Bank.

Function:

Finance

Name of Job Holder:

Location:

Hyderabad

Reports to position:

Assistant Manager /Manager  (Cash and Bank)

Band:

A4

Reportees to Position:

None

Job Purpose

Handling of employee reimbursement adhering to the policies of the school, responding to the queries of employees, accounting for vendor payments , employee payments, accounting of employee travel, corporate  credit card and other advances /settlement.

Coordinating with Campus Bank for any payments and receipts.

Job  Outline

At ISB, Finance plays a key role in controlling and managing the financials of the institute. The department also handles all the legal matters as well as all aspects related to statutory compliances.

The jobholder as Associate – Finance reports to the Assistant Manager /. Manager - Finance (Cash and Bank)  and performs a set of responsibilities which enables timely and accurate accounting  and processing of employee reimbursements as per Schools Policies, accounting of  payment entry for vendor after reviewing the vendor account for any adjustment of advances, accounting of corporate credit card expenses.

The incumbent needs to determine the account heads, enter the transaction in SAP and put across the same the reporting manager for further approval.

The job holder needs to ensure that established processes related to accounting are followed for all transactions and are in adherence to the school’s requirements.

While executing the job the job needs to respond to the queries, clarify doubts to the staff with regards to reimbursements . S/he needs to also provide necessary information when sought for to the other departments. Further as and when required s/he needs to provide support and assistance to the team members.

Job Specification

Knowledge / Education

Specific Skills

Desirable Experience

B.Com / M.Com

Interpersonal Skill, Good communication skills, Basic accounting knowledge, Coordination Skills, Follow Up, Attention to Details, Time Management, SAP, MS Office

1 to 2 years

Job Interface/Relationships:

Internal

External

• Employees co ordinating and responding to the employees

• Banker for any payment related queries.

S.N

Key Responsibilities

% Time Spent

1

Accounting of employee claims in ESS and SAP

45%

2

Accounting of miscellaneous receipts of the school

30%

3

Accounting of payment entries of all the vendor and employee reimbursements

25%

Total Time Spent on All Responsibilities

100%

SN

Key Result Area

Key Performance Indicator

Measure

Weightage

1

Maintain Books of accounts

§ Maintain Error free book of accounts

§ Accurate and timely updation of records

§ Compliance with accounting standards

§ Accuracy and correctness of the books of account

§ Meeting timeline

§ Compliance with the procedures

80 %

2

Addressing queries of Employees/Staff

§ Two way timely communication with accuracy and correctness of data

§ Accuracy

§ Meeting timeline

§ Number of queries on daily basis

20%