Assistant Finance Controller

Job Description

Requirement: We are seeking a highly skilled and detail-oriented Assistant Finance Controller to lead our school finance department and support financial planning, compliance, and strategic decision-making. The ideal candidate will bring expertise in budgeting, financial reporting, tax compliance, and cost optimization while effectively managing banking operations and regulatory requirements. This role requires strong analytical capabilities, leadership experience, and proficiency in ERP systems. Key Responsibilities: Budgeting and Financial Planning: Lead the budgeting process across multiple departments, ensuring accurate forecasting and cost management to drive financial efficiency. Financial Reporting and MIS: Prepare and analyze management information system (MIS) reports, providing actionable insights for cost control and revenue enhancement. Ensure accuracy in financial documentation and reporting. Fee Collection and Parent Grievance Resolution: Oversee fee collection processes, ensure timely payments, and address financial concerns or disputes raised by parents to maintain transparency and satisfaction. Banking and Compliance: Manage daily banking operations, maintain strong relationships with financial institutions, and oversee smooth transactions. Ensure compliance with statutory regulations, including Income Tax, GST, Labour Laws, and Shops & Establishments Acts. Statutory Audits: Coordinate with auditors and regulatory bodies to facilitate timely and accurate statutory audits. Regulatory and Risk Management: Ensure adherence to financial regulations, internal controls, and statutory requirements. Manage tax assessments, if any. Stay updated on changes in financial laws and implement best practices to mitigate risks. Leadership and Team Management : Lead and mentor the finance team, fostering a culture of accountability and continuous improvement. Collaborate with internal stakeholders to enhance financial decision-making and operational efficiency. Technology and Process Improvement: Utilize ERP systems to streamline financial processes and reporting. Leverage AI-driven tools for enhanced financial analysis and forecasting. Qualifications & Skills: Chartered Accountant (CA) qualification is mandatory. Additional professional certifications such as CS or LLB are preferred. Minimum of 10-12 years in finance or accounting, with at least 7-8 years in a managerial role, preferably in the education sector or service industry. Knowledge of school-specific financial regulations and reporting or experience working in an IB-accredited institution is a plus Proficiency in Microsoft Excel and ERP platforms, with experience in AI-driven financial tools preferred. Strong analytical, problem-solving, and organizational abilities with excellent verbal and written communication. Ability to multitask, prioritize, and meet deadlines in a dynamic work environment. Willingness to work beyond regular office hours when required. Others: Employee must commute to work in their own vehicle. Working days will be Monday to Saturday, with the 2nd and 4th Saturdays off. Working hours will tentatively be 8:00 AM to 4:00 PM Expected CTC: Rs. 20 to 26* lakh per annum (*would not be a limiting factor for exceptional candidates)