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Assistant Manager Accounts
2 months ago
Position Job Description
Job Summary
We are seeking a highly motivated and experienced Assistant Manager Accounts and Finance to join our dynamic team at our 3.5-acre educational campus in Bangalore . The ideal candidate will possess strong financial acumen, analytical skills, and a proven track record of success in a senior finance role within a complex educational environment. This individual will be responsible for overseeing various financial functions, including budgeting, forecasting, financial reporting, and risk management for both our educational institute and its affiliated companies.
Key Responsibilities
Financial Management:
Manage multiple bank accounts for the educational institute and affiliated companies.
Oversee the consolidation of financial accounts for all entities under the umbrella of the mother company, TUV.
Ensure accurate and timely financial reporting for all entities.
Conduct regular audits and reviews of existing financial processes to identify areas for improvement.
Financial Planning and Analysis:
Develop and implement comprehensive financial plans and budgets for the educational institute and affiliated companies.
Conduct detailed financial analysis to support strategic decision-making.
Prepare accurate financial forecasts and projections.
Monitor key performance indicators (KPIs) and identify areas for improvement.
Risk Management:
Assess and mitigate financial risks, including credit risk, market risk, and operational risk.
Implement effective risk management strategies and controls.
Process Improvement:
Identify opportunities to streamline and improve financial processes.
Develop and implement new processes with the approval of management.
Collaborate with other departments to ensure efficient financial operations.
Compliance:
Ensure compliance with all relevant financial regulations and accounting standards.
Maintain accurate financial records and documentation.
Qualifications and Experience
Bachelor's degree in Finance, Accounting, or a related field.
MBA or CFA certification preferred.
Minimum of 5 years of experience in a senior finance role within an educational environment or similar organization.
Strong understanding of financial accounting principles and practices, including experience with multiple bank accounts and consolidations.
Proficiency in financial modelling and analysis tools (e.g., Excel, PowerPoint, financial software).
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
Strong attention to detail and accuracy.
Desired Skills
Financial Acumen: A deep understanding of financial principles, accounting standards, and best practices.
Analytical Skills: The ability to analyse complex financial data, identify trends, and make informed decisions.
Problem-Solving: The capacity to identify and resolve financial challenges effectively.
Communication Skills: Excellent written and verbal communication skills to effectively interact with various stakeholders.
Leadership: The ability to lead and mentor a team of finance professionals.
Adaptability: The flexibility to adapt to changing business needs and priorities.
Attention to Detail: A meticulous approach to ensure accuracy and precision in financial reporting.
Technological Proficiency: Proficiency in financial software and tools.
Experience in the Education Sector: Experience working in the education sector can provide valuable insights into the unique financial challenges and opportunities of this industry.