About the Role / Job Purpose
The role is responsible for promoting the financial well-being of the entity through effective budget management, safeguarding financial assets, ensuring statutory and accounting compliance, and supporting management and the Board with accurate financial information. The position plays a key role in governance, audit coordination, treasury management, and establishing robust financial controls and policies.
Key Responsibilities
- - Promote the financial well-being of the entity through budget management, investment of temporary cash balances, executive budget control, and safeguarding financial assets.
- - Advise management on the financial status of the entity by preparing financial information, reports, recommendations, findings, and correspondence as required.
- - Oversee preparation of annual appropriations and internal budgets using budget models to project future revenues, ensuring adherence to established expenditure policies.
- Ensure compliance with statutory fiscal policies, finance and accounting procedures, and maintain effective communication with statutory authorities.
- - Ensure compliance with applicable accounting standards, rules, regulations, and laws through supervision of financial records and monthly/annual financial reporting.
- - Support governance by providing financial information to management and implementing Board decisions through policies, procedures, and guidelines.
- - Facilitate annual audits by providing independent auditors access to required records and information.
- - Ensure Financial Services has adequate resources to support operations, including preparation of financial reports and development of incentive funding and cost recovery models.
- Ensure efficient operations of procurement, risk management, insurance analysis, and financial transactions.
- - Oversee preparation and implementation of the annual budget.
- - Maintain professional competence through continuous learning and engagement with professional peers.
- - Complete miscellaneous assignments related to Financial Services as assigned by management.
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Finance Operations & Compliance
- - Experience working with ERP systems.
- - Preparation and maintenance of accounting books, records, and documentation.
- - Liaison with statutory and internal auditors.
- - Establish and monitor internal controls and compliance with applicable laws.
- - Monitor expenditure, appropriations, and budget overruns.
- - Cash flow and treasury management.
- - Develop and maintain policies and procedures for projects and procurement.
- - Working knowledge of GST and TDS laws.
- - Knowledge of FCRA compliance is important.
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Skills and Knowledge
Educational Qualification:
- - Chartered Accountant (CA)
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Leadership & Professional Skills:
- - Strong leadership and strategic planning capabilities.
- - Proficiency in PowerPoint and MS Office.
- - Ability to represent the entity positively with all stakeholders.
- - Excellent analytical, problem-solving, and organizational skills.
- - Ability to manage complex finance and accounting activities.
- - Hands-on experience with financial management software commonly used in higher education.
- - Strong written, verbal, communication, and presentation skills.
- - Demonstrated experience in promoting a diverse workforce (preferred).
- - Proven track record of innovation (preferred).
- - High standards of integrity and confidentiality.
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Experience Required
- - 10–15 years of experience in Financial Planning and Financial Analysis with a reputed organization.