Chief Financial Manager

6 days ago

Meerut, Uttar Pradesh, India beBeeFinancial Full time ₹ 21,77,600 - ₹ 24,12,000

We are seeking a seasoned financial professional to lead our finance team.

The role of Finance Officer is a full-time on-site position located in Pune. Key responsibilities include:

  • Strategic Financial Leadership
    • Develop and implement the school's overall financial strategy to ensure long-term sustainability and growth.
    • Provide timely and accurate financial insights to inform decision-making.
    • Contribute to strategic planning, risk management, and policy development.
  • Financial Management & Reporting
    • Prepare and present comprehensive financial statements, including Balance Sheets, Profit & Loss accounts, and Cash Flow statements.
    • Collaborate with leadership and department heads to develop budgets and forecasts.
    • Monitor financial performance, identify variances, and implement corrective actions as needed.
    • Ensure robust internal controls and adherence to best practices in financial governance.
  • Compliance & Regulatory
    • Ensure compliance with statutory and regulatory requirements, including tax laws, GST, and education-sector-specific regulations.
    • Manage expatriate staff payroll and taxation, ensuring international taxation norms and double-taxation treaties are observed.
    • Oversee audits (statutory, internal, and external) and liaise with auditors, consultants, and government authorities.
  • Admissions & Fees Management
    • Oversee finance-related aspects of admissions, including fee structures, invoicing, collections, and refunds.
    • Implement transparent and parent-friendly financial processes aligned with the school's ethos.
    • Monitor fee receivables and manage collection processes to maintain healthy cash flow.
  • Expatriate Financial Management
    • Manage tax equalization, relocation allowances, and compliance with home/host country obligations.
    • Serve as a key resource for expatriates to navigate financial, taxation, and compliance matters.
  • Team & Operational Oversight
    • Lead and mentor the finance team to ensure efficiency, accuracy, and accountability.
    • Oversee procurement, vendor management, contracts, and resource allocation.

Must-Have Qualifications & Experience:

  • Chartered Accountant (CA) or equivalent professional qualification.
  • Minimum 5-7 years of progressive financial leadership experience, with at least 3 years in the education sector or international schools.
  • Knowledge of statutory requirements in all matters concerning school finances, including Society law, GST, FCRA, PF Act, taxation etc.
  • Proven knowledge of expatriate taxation, payroll, and compliance.
  • Strong track record in preparing and analyzing Balance Sheets, P&L, budgets, and financial forecasts.
  • Demonstrated ability to ensure compliance with statutory requirements and liaison with auditors/regulatory authorities.
  • Excellent interpersonal skills with cultural sensitivity, particularly when working with expatriates and diverse communities.

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