8 - 12 years

0 Lacs

Posted:16 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As the Head of Finance, Commercial & Accounts at a prestigious School, you will play a crucial leadership role in overseeing and managing all financial and commercial activities of the institution. Your primary responsibilities will include ensuring the school's financial stability, growth, and compliance with financial regulations and best practices. You will collaborate closely with school management, administrators, and the Dean and CEO Governing Council to provide strategic financial guidance in order to drive the overall financial success of the school. Key Responsibilities: - Develop and execute financial strategies, budgets, and forecasts that align with the school's objectives and support its Mission and Vision. - Conduct financial analysis to generate regular reports for the school management and Governing Council, identifying key financial metrics and performance indicators. - Prepare and present accurate financial statements, including income & expenditure statements, balance sheets, and cash flow statements. - Ensure compliance with relevant financial regulations, laws, and accounting standards, coordinating with Internal and External auditors for annual audits. - Oversee the implementation of school policies and procedures related to Finance, Commercial & Accounts across all departments. - Manage the school's commercial activities such as fee structures, revenue streams, and financial contracts with vendors and service providers. - Evaluate and negotiate financial agreements with suppliers and commercial partners to secure favorable terms and cost-effectiveness. - Manage the school's cash flow and liquidity to meet financial obligations and maximize investment opportunities. - Implement efficient cash management strategies to optimize working capital. - Collaborate with relevant departments and stakeholders to develop annual budgets, monitor budget performance, and provide guidance on budgetary control measures. - Identify and mitigate financial risks through appropriate risk management strategies and policies. - Ensure compliance with internal control procedures to safeguard the school's assets and prevent fraud. - Collaborate with the school's leadership team to develop long-term financial plans supporting growth and expansion objectives. Qualifications Required: - Significant experience in financial management, accounting, and commercial operations, preferably in an educational institution or related industry. - Proven track record of successfully managing financial operations and implementing financial strategies. - Strong knowledge of financial regulations, accounting principles, and best practices. - Excellent leadership, communication, and interpersonal skills. - Analytical and problem-solving abilities with attention to detail. - Ability to work effectively with diverse stakeholders and collaborate across departments. - Uphold high levels of integrity and ethical standards in financial decision-making.,

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