Finance Officer ( Higher Education) - Reputed University in Dehradun

For one a reputed University based at Dehradun

Financial Leadership & Strategy

• Lead and oversee the financial operations of the Group, ensuring alignment with business objectives.
• Provide strategic financial guidance to the Founding Team and promoters in the establishment related to the expansion and growth plan.
• Develop and present 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

• Oversee and 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 following 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 various group-level 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.

Ground-Level Financial Operations & Support

• Guide and supervise teams 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.
• Ensure effective revenue management – Collections, receivables, revenue recognition etc
• Co-ordinate statutory and internal audits
• Participate in the annual budgeting and planning process
• Conceptualize and implement cost optimization initiatives
• Manage the cash flow of the Group
• Ensure compliance to University Act and Statutes
• Ensure fixed assets / capex are properly accounted and effectively utilized.

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.

Education : CA with minimum 10 years of experience.