Finance Executive
1 month ago
Job Description: The Finance Executive will play a pivotal role in supporting the financial operations of the group institutions, ensuring compliance with regulatory requirements, and contributing to strategic financial planning initiatives.
Key Responsibilities:
1. Financial Analysis: Conduct regular financial analysis to assess the institution's financial performance, identify areas for improvement, and support decision-making processes.2. Budgeting and Forecasting: Assist in the preparation of annual budgets, forecasts, and financial plans in alignment with organizational objectives and priorities.3. Financial Reporting: Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements, for management review and regulatory compliance.4. Accounts Payable and Receivable: Oversee accounts payable and receivable functions, ensuring timely invoicing, payment processing, and reconciliation of accounts.5. Tax Compliance: Collaborate with internal and external stakeholders to ensure compliance with tax regulations, including timely filing of tax returns and adherence to tax-saving strategies.6. Audit Coordination: Coordinate with internal and external auditors to facilitate audits, provide necessary documentation, and address audit findings in a timely manner.7. Financial Controls: Establish and maintain robust internal controls to safeguard the institution's assets, mitigate financial risks, and promote operational efficiency.8. Financial Planning and Analysis: Support senior management in financial planning and analysis activities, including variance analysis, scenario modeling, and strategic decision support.9. Cash Management: Manage cash flow effectively, monitor liquidity requirements, and optimize investment opportunities to maximize returns while minimizing risks.10. Ad-hoc Projects: Undertake ad-hoc projects and initiatives as assigned by the Finance Manager or senior leadership team, contributing to the continuous improvement of financial processes and systems.
Qualifications:
- Bachelor's degree in Finance, Accounting, or related field; professional certification (e.g., CA) preferred.- Proven experience in finance or accounting roles, preferably in an educational institution or related industry.- Sound knowledge of financial principles, accounting standards, and regulatory requirements.- Proficiency in financial analysis, budgeting, financial reporting, and MS Excel, Tally- Strong analytical skills with attention to detail and the ability to interpret complex financial data.- Excellent communication skills, both written and verbal, with the ability to collaborate effectively across teams.- Demonstrated ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.- Integrity, professionalism, and a commitment to upholding ethical standards in financial management.
Remuneration & Benefits:
- Competitive salary commensurate with qualifications and experience.- Opportunities for professional development and career advancement.- Comprehensive benefits package, including health insurance and retirement savings plans.- A supportive and collaborative work environment that values diversity and inclusion.
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