Finance Executive

10 hours ago

chennai, India Rajalakshmi Engineering College Full time

About us: Rajalakshmi Group of Institutions is a premier educational institution located in Chennai, committed to providing quality education across various disciplines. With a rich legacy of academic excellence and a focus on holistic development, we aim to nurture future leaders who can contribute meaningfully to society.

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:
Financial Analysis: Conduct regular financial analysis to assess the institution‘s financial performance, identify areas for improvement, and support decision-making processes.
Budgeting and Forecasting: Assist in the preparation of annual budgets, forecasts, and financial plans in alignment with organizational objectives and priorities.
Financial Reporting: Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements, for management review and regulatory compliance.
Accounts Payable and Receivable: Oversee accounts payable and receivable functions, ensuring timely invoicing, payment processing, and reconciliation of accounts.
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.
Audit Coordination: Coordinate with internal and external auditors to facilitate audits, provide necessary documentation, and address audit findings in a timely manner.
Financial Controls: Establish and maintain robust internal controls to safeguard the institution‘s assets, mitigate financial risks, and promote operational efficiency.
Financial Planning and Analysis: Support senior management in financial planning and analysis activities, including variance analysis, scenario modeling, and strategic decision support.
Cash Management: Manage cash flow effectively, monitor liquidity requirements, and optimize investment opportunities to maximize returns while minimizing risks.
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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