Chief Financial Strategist

4 days ago

Shimoga, Karnataka, India beBeeFinancial Full time ₹ 15,00,000 - ₹ 17,50,000
Job Description

We are seeking a highly skilled Financial Manager to lead our finance team. As a key member of the senior leadership team, you will be responsible for shaping and implementing our financial strategy.

Main Responsibilities:
  • Strategic Finance & Leadership:
    • Develop and execute long-term financial plans to ensure our 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 all statutory and regulatory requirements, including income tax, GST, corporate filings, and education-sector-specific regulations.
    • Manage expatriate staff payroll and taxation, ensuring compliance with international taxation norms and double-taxation treaties where applicable.
    • Oversee audits (statutory, internal, and external) and liaise with auditors, consultants, and government authorities.
  • Admissions & Fees Management:
    • Oversee all finance-related aspects of the admissions process, including fee structures, invoicing, collections, and refunds.
    • Implement transparent and parent-friendly financial processes aligned with our ethos.
    • Monitor fee receivables and manage collection processes to ensure healthy cash flow.
  • Expatriate Financial Management:
    • Manage tax equalization, relocation allowances, and compliance with home/host country obligations.
    • Act 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:

  • A 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.
  • A strong track record in preparing and analyzing Balance Sheets, P&L, budgets, and financial forecasts.
  • Demonstrated ability to ensure compliance with statutory requirements and liaise with auditors/regulatory authorities.
  • Excellent interpersonal skills with cultural sensitivity, particularly when working with expatriates and diverse communities.

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