Senior Manager Finance Accounting
Rashtreeya Sikshana Samithi Trust
Job Description
Job Description โ Senior Finance Manager
Position
Senior Finance Manager
Reporting To
AGM Finance / Head โ Finance
Location
Rastriya Sikshana Samithi Trust (RSST), Bengaluru
Job Summary
The Senior Finance Manager will be responsible for managing key finance, taxation, banking, compliance, and institutional coordination functions across RSST and its constituent institutions. The role requires close coordination with institutional finance teams, consultants, auditors, banks, and internal stakeholders to ensure timely statutory compliance, efficient fund management, and robust financial governance.
Key Responsibilities
GST Compliance and Coordination
* Consolidate GST return data received from all 37 institutions for monthly GST return filing.
* Coordinate with GST consultants to ensure timely preparation and filing of GST returns.
* Review GST data submitted by institutions for completeness and accuracy.
* Resolve GST-related queries raised by consultants and institutional finance teams.
* Follow up with institutions through regular reminders to ensure timely submission of GST data.
* Monitor compliance with GST timelines and maintain compliance reports.
Banking and Project Finance
* Report monthly application of funds and utilisation statements to lending banks.
* Coordinate with banks for disbursement of term loans for capital projects.
* Process vendor payment requests relating to construction projects in accordance with bank sanction terms.
* Resolve documentation and operational queries raised by banks.
* Ensure timely release of loan disbursements and vendor payments.
* Coordinate with project teams, consultants, vendors and banks for smooth fund flow.
Financial Review and Institutional Support
* Review fee structures and financial data submitted by institutions.
* Assist institutions in resolving accounting issues and ensuring compliance with accounting policies.
* Provide guidance on TDS and GST matters to institutional finance teams.
* Review financial information and recommend corrective actions wherever required.
Audit and Compliance
* Coordinate with statutory auditors during statutory audits.
* Coordinate with internal auditors for planning, execution and closure of audit observations.
* Facilitate timely submission of information, schedules and supporting documents.
* Track implementation of audit recommendations by institutions.
Financial Systems
* Work on SAP for finance and accounting processes.
* Coordinate with ERP teams for resolving finance-related system issues.
* Support implementation and improvement of finance processes within SAP.
* Knowledge of SAP (FI/CO) will be preferred.
Reporting and MIS
* Prepare periodic MIS reports relating to taxation, banking, fund utilisation and compliance.
* Monitor statutory compliance status across institutions.
* Prepare management reports and presentations for senior leadership.
General Responsibilities
* Ensure compliance with applicable provisions of GST, Income Tax, TDS and other statutory regulations.
* Liaise effectively with consultants, banks, auditors and institutional finance teams.
* Maintain proper documentation and records for all financial transactions and statutory compliances.
* Support finance transformation and process improvement initiatives.
* Perform any other duties and responsibilities assigned by the AGM Finance, CFO or Management from time to time.
Qualifications
* Semi qualified CA (CA- Inter) preferred. Candidates with CMA or MBA (Finance) having relevant experience may also be considered.
Experience
* 8โ12 years of post-qualification experience in finance, taxation, banking and statutory compliance.
* Experience in educational institutions, trusts or multi-entity organisations will be an added advantage.
Technical Skills
* Strong knowledge of GST, TDS and accounting standards.
* Experience in banking operations, term loan documentation and project finance.
* Working knowledge of SAP FI/CO preferred.
* Advanced MS Excel and financial reporting skills.
* Good understanding of statutory and internal audit processes.
Key Competencies
* Strong analytical and problem-solving skills.
* Excellent coordination and stakeholder management abilities.
* High level of accuracy and attention to detail.
* Effective communication and interpersonal skills.
* Ability to manage multiple institutions and work within strict statutory timelines.
* Strong planning, follow-up and execution capabilities.
* Integrity, professionalism and commitment to compliance.