Financial Manager for Educational Institution
2 days ago
Rajalakshmi Engineering College is a reputable educational institution in Chennai, committed to delivering high-quality education across various disciplines.
Job SummaryWe are seeking an experienced Financial Manager to support our financial operations, ensure regulatory compliance, and contribute 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 inform decision-making processes.
- Budgeting and Forecasting: Assist in preparing annual budgets, forecasts, and financial plans aligned 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.
- Education: Bachelor's degree in Finance, Accounting, or related field; professional certification (e.g., CA) preferred.
- Experience: Proven experience in finance or accounting roles, preferably in an educational institution or related industry.
- Skills: 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.
- Personal Qualities: 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.
Competitive salary: ₹600,000 - ₹900,000 per annum, 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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Chennai, Tamil Nadu, India Rajalakshmi Engineering College Full timeAbout UsRajalakshmi 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 DescriptionThe Chief Financial...
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