Finance Manager

Finance Manager

Finance Manager

Key Responsibilities

Financial Strategy & Planning

• Lead the financial planning, budgeting, and forecasting processes aligned with the school’s strategic objectives.

• Support the development of mid- and long-term financial models to guide investment, expansion, and cost control decisions.

Financial Reporting & Compliance

• Prepare timely and accurate financial reports, including monthly MIS, balance sheets, income statements, and cash flow statements.

• Ensure statutory compliance with Indian accounting standards, income tax laws, and regulatory bodies (including those applicable to educational institutions and trusts).

• Liaise with external auditors and regulatory authorities, overseeing internal and external audits.

Operational Financial Management

• Monitor day-to-day financial operations, including fee collection, vendor payments, payroll processing, and expense tracking.

• Maintain strong controls over cash flow and working capital to support operational needs and contingencies.

• Review and refine financial policies, internal controls, and standard operating procedures (SOPs).

Business Decision Support

• Analyze trends, variances, and risks to provide actionable insights for school leadership.

• Partner with academic and non-academic departments to assess financial viability of new initiatives and capital expenditures.

Team Development & Digital Enablement

• Guide and mentor the finance team on best practices, reporting standards, and use of financial systems.

• Drive automation and digitization of financial workflows where applicable.

Key Objectives of the Role

• Strengthen financial governance and internal control frameworks.

• Ensure accurate, transparent, and timely reporting to internal and external stakeholders.

• Improve cost efficiency and optimize resource allocation across the institution.

• Support the school’s long-term financial sustainability and mission-driven growth.

Required Qualifications & Experience

• Master’s degree in Finance, Accounting, or a related discipline; CA, CMA, or MBA (Finance) preferred.

• Minimum 5–7 years of relevant experience, preferably in the education or nonprofit sector.

• In-depth knowledge of Indian financial regulations, taxation, and trust accounting (desirable).

• Proven expertise in budgeting, variance analysis, and cash flow management.

• Proficient in Tally ERP, Microsoft Excel, and financial reporting tools.

Key Competencies

• Strong analytical and problem-solving skills.

• High level of integrity, accuracy, and attention to detail.

• Ability to work collaboratively across departments and manage multiple priorities.

• Excellent communication and stakeholder management skills.