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Global Indian International School

Senior Executive Finance

Posted: 12 hours ago

Job Description

Responsibilities Ensure Insurance for all fees paid by students (Fee Protection Scheme - insurance) Statutory & Internal audit - Provide all reports / documents for audits conducted. Resolve any queries or observation. Ensure Minimal observation / no repeat observation of areas for improvement ( AFI) and 100% closure of observations. Engage with parents on query resolution on fee collections Response Time (TAT) for queries from parents should be minimal and as defined. Collections : Ensure Payment of fees for students billed and raise receipts for all payments made. Ensure Payment of fees by digital means (GIRO/AutoDebit/payment gateway) Register Students for GIRO immediately on joining Receivables (AR): Follow-up of fee payments & initiate legal procedures for fee defaulters Collections : Ensure Deposit of fees to bank account for traditional payment method (Cheque/ Demand Draft/ Cashier order/ Cash) Member of scholarship core team and review of applications Process credit notes & Voids as per SOPs & provide digitised document to parent Process refund of fees as per policy and contracts. Ensure 100% compliance with refund timelines Prepare Monthly MIS Report for Collections & reconciliations Support in Implementation / upgradation/ maintenance ( LMS / other equivalent system)

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