Finance Expert for Strategic Financial Planning
1 day ago
Rajalakshmi Group of Institutions is a premier educational institution in Chennai, committed to delivering high-quality education across various disciplines. With a legacy of academic excellence and a focus on holistic development, we aim to nurture future leaders who can contribute meaningfully to society.
Job Overview
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. This position requires a strong analytical mind, excellent communication skills, and the ability to work effectively in a fast-paced environment.
Key Responsibilities
- 1.
2. Budgeting and Forecasting: Assist in preparing 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.
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