Syllabus for the post of Accounts Executive

IIM Udaipur - Best MBA colleges in india

Syllabus for the post of Accounts Executive

  • Strong working knowledge of accounting process: Journals and Ledgers leading to the preparation of trial balance and Final accounts, including Balance Sheet, Income & Expenditure Statement, Receipt & Payment Account, and Cash Flow.
  • Strong knowledge of statutory compliances and provisions applicable to the education institution.
  • Preparation of bank reconciliation statements and fee reconciliation statements.
  • Specific knowledge of accounting for Higher educational institutions and government grant provisions.
  • Knowledge of compliances related to FCRA and preparations of Financial Statements as per the regulatory requirement.
  • Knowledge of compliance related to Corporate Social Responsibility (CSR) activities and donations.
  • Through working knowledge of Income Tax compliances including TDS, preparation and filing returns. In-depth knowledge of the specific provisions applicable to educational institutions, such as Sections 11, 12, 13, 10(23c), etc.
  • Through working knowledge of Good & Service Tax (GST) Act & Rules, including calculation of eligible input tax credit, TDS, preparation and filing of various Returns.
  • Strong knowledge of compliances related to foreign transactions/payments.
  • Working knowledge of preparation CMA (Credit Monitoring Arrangement) data for credit facilities.
  • Working knowledge of ERP accounting software (Microsoft D-365).
  • Strong Knowledge of General Financial Rules, 2017.
  • Working Knowledge of Seventh Pay Commission/National Pension Scheme/Gratuity and other retirement benefits.
  • Basic knowledge of the Building and Other Construction Works Act.
  • Preparation of Statement of Expenditure and Utilization Certificates in accordance with GFR.
  • Prepare/assist in preparing monthly, quarterly, and yearly budgets and perform variance analysis reports.
  • Preparation of various analytical reports for the management.
  • Financial ratios.
  • Strong Working knowledge of Microsoft Excel, Microsoft Word, and PowerPoint.
  • Strong knowledge of AS/Ind AS.
  • Experience in handling Audits: Internal Audit & Statutory Audit.
  • Basic knowledge of Procurement Portals such as e-proc and government e-marketplace.
  • Basic understanding of pay structures, allowances, entitlement and benefits applicable for central government employees and IIMs.
  • Knowledge of key factors affecting Investment of funds.