Finance Officer

Required/Mandatory Skills

• Strategic thinking with strong analytical skills.
• Excellent budgeting and cost-control capabilities.
• Proficiency in ERP and financial software.
• Strong leadership and people management skills.
• High integrity and professional ethics.
• Strong knowledge of university financial systems, UGC norms, and regulatory compliance.
• Excellent verbal, written, and presentation skills.
  

Educational Qualification

• Charted Accountant and Master’s degree in Finance/Commerce.
• Minimum 10–15 years of progressive experience in finance management, preferably in the education sector.
  

Job Roles & Responsibilities

• Financial Leadership & Strategy
• Lead and oversee the University’s financial operations, ensuring alignment with academic and institutional objectives.
• Provide strategic financial guidance to the Governing Body, Vice Chancellor, and senior leadership in the establishment, expansion, and growth of the University.
• Develop financial models, projections, and feasibility studies to support campus development, new academic programs, and investment decisions.
• Financial Planning, Budgeting & Forecasting
• Develop, implement, and monitor budgets for both academic and administrative functions.
• Ensure financial planning supports the University’s short-term operational needs and long-term strategic vision.
• Conduct variance analysis and recommend corrective measures to optimize financial performance.
• Assist faculty deans and department heads in preparing budgets and setting financial goals.
• Internal Controls & Risk Management
• Develop and implement robust internal control systems to safeguard University assets and ensure financial integrity.
• Ensure all transactions are documented, authorized, and compliant to withstand independent and statutory audits.
• Review and enhance financial policies in collaboration with reputed audit and consulting firms.
• Financial Reporting & Governance
• Prepare and present periodic financial reports to the competent authority and Governing Board.
• Maintain accuracy in financial tracking, reporting, and compliance with the approved chart of accounts.
• Ensure transparency and accountability in all financial operations.
• Statutory Compliance & Audit
• Ensure timely compliance with statutory requirements including GST, TDS, Income Tax, and other applicable education sector compliances.
• Oversee internal and external audits, ensuring adherence to accounting standards, UGC/AICTE norms, and regulatory requirements.
• Coordinate with auditors for accurate and timely preparation of financial statements.
• Revenue & Cash Flow Management
• Manage Student fee collections, grants, endowments, and other income streams.
• Manage relationships with banking institutions for operational, capital, and project financing needs.
• Ensure efficient cash flow management, liquidity planning, and financial stability.
• Secure funding and optimize the University’s capital structure in line with growth plans.
• Team Leadership & Development
• Lead, mentor, and train the Finance & Accounts team.
• Foster a culture of accountability, integrity, and continuous improvement.
  

Interested candidates are requested to apply through the below-mentioned link