Finance Officer

Chartered Accountant (CA)

7 - 12 years

Financial Strategy

• Lead and oversee the financial operations of the organization, ensuring alignment with business objectives.
• Provide strategic financial guidance to the Founding Team and promoters in the establishment and expansion of Wellington College Schools in India.
• Develop financial models, projections, and feasibility studies to support growth and investment decisions.
  

Financial Planning, Budgeting & Forecasting

• Develop, implement, and monitor budgets for both project and operational functions.
• Ensure financial planning supports the institution’s short-term and long-term strategic goals.
• Conduct variance analysis and recommend corrective actions to optimize financial performance.
  

Statutory Compliance & Audit

• Ensure timely compliance with statutory requirements including TDS, GST, and other tax laws.
• Oversee internal and external audits, ensuring adherence to applicable accounting standards and regulatory requirements.
• Work closely with auditors, ensuring financial statements are prepared in accordance with applicable laws and regulations.
  

Internal Controls & Risk Management

• Develop and implement robust internal control systems to safeguard assets and ensure financial integrity.
• Ensure proper documentation, approvals, and substantiations for financial transactions to pass independent and statutory audits.
• Review and enhance financial policies and controls in collaboration with external consultants, including Big Four accounting firms.
  

Project Finance & Procurement Oversight

• Lead financial management for school projects, ensuring prudent fund allocation and cost optimization.
• Supervise procurement processes, vendor management, and contract negotiations to ensure cost efficiency and compliance.
• Monitor project costs and funding to ensure timely completion of capital-intensive initiatives.
  

Banking & Cash Flow Management

• Oversee banking relationships, including project finance arrangements and compliance with foreign exchange regulations.
• Ensure efficient cash flow management, liquidity planning, and financial stability of the organization.
• Work with financial institutions to secure funding and optimize capital structure.
  

Financial Reporting & Governance

• Prepare and present periodic financial reports for Finance Sub-committee and Governing Board meetings.
• Maintain accuracy in financial tracking, reporting, and compliance with the chart of accounts.
• Ensure financial transparency and accountability across all operational and project-related expenditures.
  

School-Level Financial Operations & Support

• Guide and supervise school office locations in India to maintain accurate and complete financial records.
• Implement a robust financial control framework to ensure accuracy and compliance at the school level.
• Assist department leads in budget preparation and financial goal setting for sustainable growth.
  

Taxation & Regulatory Compliance

• Ensure compliance with direct and indirect tax regulations, including corporate tax, withholding taxes, and expatriate staff social security requirements.
• Address and manage any taxation issues in coordination with legal and financial advisors.
  

Process Improvement & Systems Implementation

• Implement financial systems and tools to improve financial management efficiency.
• Introduce best practices in financial operations, leveraging technology to enhance accuracy and reporting.
• Continuously improve financial processes to achieve cost efficiency and operational effectiveness.
  

Stakeholder & Board Engagement

• Collaborate with internal and external stakeholders to drive financial sustainability and compliance.
• Communicate financial insights and recommendations to senior leadership for informed decision-making.
• Engage with donors, investors, and funding agencies as required to support financial growth initiatives.
  

People & Team Management

• Lead and mentor the finance team to enhance professional development and performance.
• Ensure appropriate staffing and resource allocation to meet business needs and financial goals.
• Foster a culture of financial discipline and accountability within the organization.
  

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