Job
Description
The Chief Financial Officer (CFO) is a key member of the executive leadership team, responsible for managing the financial operations of the college. The CFO provides strategic financial leadership, ensures the institution’s financial sustainability, oversees budgeting, financial planning, accounting, auditing, compliance, and reporting functions, and supports the college's mission through sound fiscal stewardship. Key Responsibilities: Strategic Financial Planning & Leadership • Develop and implement financial strategies to support the college’s strategic goals. • Provide sound financial advice to the leadership team and governing board. • Lead long-term financial forecasting and risk analysis. Budgeting & Financial Management • Oversee the preparation and management of the annual budget. • Monitor revenue, expenditure, cash flow, and balance sheet performance. • Ensure optimal allocation and utilization of financial resources. Accounting & Reporting • Supervise accounting operations including general ledger, accounts payable/receivable, payroll, and fixed assets. • Ensure timely and accurate preparation of financial statements and reports. • Present regular financial reports to senior management and the board. Audit, Compliance & Risk Management • Ensure compliance with government regulations, university grant policies, and audit requirements. • Coordinate with internal and external auditors for annual audits. • Develop risk mitigation strategies and internal controls. Financial Operations • Oversee fee collection, scholarship disbursements, and vendor management. • Monitor capital project financing and expenditure (e.g., construction, infrastructure). • Manage financial aspects of accreditation and regulatory reporting. Team Leadership & Development • Lead and mentor the finance and accounts team. • Foster a culture of accountability, transparency, and continuous improvement. Qualifications: • Master’s degree in finance, Accounting, Business Administration or related field (CA/CPA/ICWA preferred). • Minimum 10–15 years of progressive experience in financial leadership roles. • Experience in higher education or nonprofit financial management is highly desirable. • Strong knowledge of accounting principles, financial regulations, and compliance standards. Key Skills: • Strategic thinking and analytical ability • Strong leadership and communication skills • Financial planning and risk management • Budget development and cost control • ERP/Finance software proficiency (e.g., Tally, SAP, Oracle) • Attention to detail and high level of integrity Show more Show less
