Deputy Finance Officer

1. Financial Planning & Strategy

• Prepare

  annual budgets

  , departmental/School budgets, and rolling forecasts.
• Monitor budgetary control and report on variances (actual vs. budget).
• Advise management on financial planning, fee structure, and capital projects.
• Develop financial policies aligned with

  State regulations

  .

2. Income Management

• Oversee

  student fee collections

  , concessions, and refunds.
• Ensure timely accounting of

  hostel, transport, and auxiliary revenues

  .
• Monitor outstanding dues and coordinate recovery with student services.
• Supervise accounting of

  scholarships, grants, donations, and sponsorships

  .

3. Expenditure Control

• Authorize and monitor

  payroll, procurement, and operational expenses

  .
• Ensure

  3-way matching

  (PO, invoice, goods receipt) for vendor payments.
• Manage vendor advances and settlements.
• Implement internal cost control measures without compromising academic quality.

4. Treasury & Cash Flow

• Manage

  banking operations, fund transfers, and reconciliations

  .
• Monitor working capital, fee inflows, and expenditure outflows.
• Ensure adequate liquidity for payroll, statutory dues, and capital projects.
• Optimize short-term investments of surplus funds.

5. Statutory Compliance

• Ensure timely filing of

  GST, TDS, PF, ESI, Professional Tax, and Income Tax

  returns.
• Comply with

  UGC/AICTE/State Education Department financial guidelines

  .
• Ensure audit compliance (internal, statutory, government audits).
• Maintain proper documentation for regulatory inspections.

6. Financial Reporting & MIS

• Prepare

  monthly, quarterly, and annual financial statements

  .
• Submit MIS reports to the Board/Trust on fees, costs, and fund utilization.
• Maintain

  department-wise income & expenditure statements

  .
• Generate reports for statutory bodies, funding agencies, and accreditation (NAAC, NBA,NIRF).

7. Internal Control & Audit

• Develop internal controls for

  fee collection, payments, and assets

  .
• Coordinate with

  internal and statutory auditors

  .
• Implement audit recommendations with timelines.
• Prevent fraud and misuse of university funds.

8. Asset & Project Management

• Maintain fixed asset register (labs, buildings, hostels, IT equipment).
• Ensure correct capitalization, depreciation, and insurance of assets.
• Monitor financial aspects of

  new infrastructure projects

  (hostels, research labs, classrooms).

9. Team Leadership

• Supervise accounts staff, admission fee staff, and finance executives.
• Build capability in SAP accounting system usage.
• Allocate responsibilities for fee collection, vendor management, payroll.
• Train staff on compliance, accounting standards, and reporting requirements.

10. Governance & Liaison

• Act as financial advisor to the

  Registrar, Vice-Chancellor, and Board of Governors

  .
• Liaise with

  banks, auditors, tax consultants, government bodies

  .
• Present financial performance in academic council/board meetings.
• Support long-term planning for sustainability and growth of the university.

Qualification:

CMA (Final) with 10+ years of industry experience

CA (Intermediate) with 10+ years of industry experience

Compensation will be commensurate

Candidate having experience in finance background from education sector will be an added advantage.Role & responsibilities

Preferred candidate profile