Iteachschools·2 days ago
2 days ago
Associate Manager, Accounts
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What you'll do
- Own end-to-end accounting, reconciliations, and monthly/annual closure
- Ensure accurate, complete, and audit-ready books
- Maintain books in an audit-ready state at all times
- Drive strong closure discipline and zero unexplained open items
- Ensure timely and accurate statutory compliance (FCRA, TDS, GST, PF, ESIC, Income Tax)
- Lead statutory, internal, and donor audits end-to-end
- Maintain continuous audit readiness and close queries efficiently
- Review and approve payments, reimbursements, and payroll
- Ensure policy adherence, correct statutory deductions, and expense classification
- Strengthen financial controls and prevent errors/leakages
- Ensure all transactions are correctly mapped to budgets and grants
- Flag overruns, misallocations, and risks proactively
What they're looking for
- Semi-qualified CA (mandatory)
- 3+ years post-articleship experience in Accounting, Taxation, Compliance
- Strong working knowledge of TDS, GST, Income Tax, PF, ESIC
Nice to have
- FCRA (preferred)
- Prior experience in NGO / grant-based organisations (preferred)
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Why do we exist? What do we do?
The quality of school education available to students from low-income communities across India is abysmal.Their chances of attending college, or building a career are significantly lower than their high-income peers, condemning them to a life without voice or choice. iTeach was born in 2015 to challenge this status quo and create a level playing field for ALL children.
We run free and high-impact schools and an exceptional college-to-career program for the most disadvantaged students in Pune and Navi Mumbai. We are known for our world-class professional development, our result-oriented team culture, and our student-centric school design. Read more about us at www.iTeachSchools.org.
Role overview
The Accounts Manager will work closely with the Finance Manager and lead a team of 4–5 Associates to own end-to-end accounting, compliance, and financial control functions at iTeach Schools. While core systems are in place and integrated across functions (HR, finance, program operations), the organisation is at a stage where strong ownership, tighter controls, and improved closure discipline are required to support scale. This role is critical in ensuring that accounting, compliance, and audit readiness move from dependency-driven execution to structured, reliable systems.
Key Responsibilities:
1. Accounting, Closure & Financial Control
- Own end-to-end accounting, reconciliations, and monthly/annual closure
- Ensure accurate, complete, and audit-ready books
- Maintain books in an audit-ready state at all times
- Drive strong closure discipline and zero unexplained open items
2. Compliance & Audit Management
- Ensure timely and accurate statutory compliance (FCRA, TDS, GST, PF, ESIC, Income Tax)
- Lead statutory, internal, and donor audits end-to-end
- Maintain continuous audit readiness and close queries efficiently
3. Payments, Payroll & Governance
- Review and approve payments, reimbursements, and payroll
- Ensure policy adherence, correct statutory deductions, and expense classification
- Strengthen financial controls and prevent errors/leakages
4. Budget Alignment & Financial Hygiene
- Ensure all transactions are correctly mapped to budgets and grants
- Flag overruns, misallocations, and risks proactively
- Maintain strong linkage between books and budget tracking
5. Systems, Processes & Team Leadership
- Strengthen SOPs, workflows, and internal controls
- Improve procurement-to-payment processes and overall financial hygiene
- Identify and fix process gaps and inefficiencies
- Manage and build capacity of a team of 4-5 associates
- Coordinate with auditors, consultants, and internal stakeholders.
Prerequisites
- Semi-qualified CA (mandatory)
- 3+ years post-articleship experience in:
- Accounting
- Taxation
- Compliance
- Strong working knowledge of:
- TDS, GST, Income Tax
- PF, ESIC
- FCRA (preferred)
- Prior experience in:
- NGO / grant-based organisations (preferred)
Skills and Competencies
- Strong ownership mindset
- High attention to detail and accuracy
- Ability to drive closure and accountability
- Strong problem-solving and analytical skills
- Good communication and stakeholder management
- Proficiency in Excel and Tally / ERP systems
Location
- Navi Mumbai (with periodic travel to Pune or other locations as required)
Company
Iteachschools
Mumbai, India
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