CFO / Director of Finance - Male

Role Summary

The CFO/Director of Finance will lead the financial strategy, planning, governance and compliance functions for the University. This senior leader will ensure robust financial controls, institutional compliance (regulatory, statutory, audit), and steward both the commercial growth (new programmes, partnerships, revenue streams) and academic mission (cost-effectiveness, investment in research/teaching). The role demands a strategic thinker with deep experience in educational or similar institutions, able to operate at the Board/Trust level while driving operational excellence in finance and administration.

KRA: Task / Activities

Financial Strategy

Develop and implement multi-year financial strategy aligned with institutional mission and growth.

Compliance & Governance

Ensure adherence to statutory, audit, and higher education regulations (UGC, AICTE, etc.).

Treasury & Fund Management

Oversee cash flow, endowment utilization, capital projects, and investment planning.

Financial Operations

Supervise accounts, procurement, ERP systems, and ensure data accuracy and timeliness.

Revenue & Cost Optimization

Drive new revenue models (programs, partnerships) and optimize cost per student/program.

Reporting & Advisory

Present quarterly reports to the Board/VC; advise leadership with actionable insights.

Leadership & Team Development

Guide finance, audit, and procurement teams; foster accountability and process discipline.

KPI: Performance Metrics

Budget variance

±5%

Audit/compliance deviations

Zero major observations

New revenue initiatives

Minimum 2 annually

Timeliness of MIS reports

Within 15 days of the month-end

Cost optimization

5–10% annual improvement

Cash liquidity days

Maintain ≥60 days

Skills & Attitude (A in BARE Fit)

Required Skills

· Strong understanding of financial regulations governing universities/trusts

· Expertise in audit, compliance, budgeting, ERP-based financial management

· Excellent communication & presentation skills

Preferred skills

· Experience handling fund management, endowments, or grants

· Exposure to UGC / AICTE / NAAC / CSR financial audits

· Ability to collaborate across academic and administrative departments

Attitude Required for This Position

· Integrity and transparency in every transaction

· Strategic thinker with operational precision

· Balanced approach between academic and business priorities

· Team builder and cross-functional collaborator

· Ethical decision-maker with institutional loyalty

Experience & Eligibility (E in BARE Fit)

Experience Range - 12-15 years total (3+ years relevant)

Qualification - CA/CMA or MBA (Finance)

Male (Preferred)

Job Type: Full-time

Pay: ₹3,000,000.00 - ₹4,000,000.00 per year

Work Location: In person