Chief Financial Strategist

Finance Director Role

The Finance Director is a senior leadership position responsible for leading the financial strategy and operations of the organization. This includes developing and implementing financial plans, managing budgets, and ensuring compliance with regulatory requirements.

• Key Responsibilities:
• Develop and implement financial strategies to achieve organizational goals.
• Manage financial planning, budgeting, and forecasting processes.
• Oversee financial reporting, analysis, and decision-making processes.
• Ensure compliance with regulatory requirements and industry standards.

Requirements:

• Advanced degree in finance or a related field.
• Minimum 10 years of experience in finance leadership roles.
• Proven track record of successful financial planning and management.
• Strong analytical, communication, and leadership skills.

Benefits:

• Competitive salary and benefits package.
• Opportunities for professional growth and development.
• Collaborative and dynamic work environment.

Other Requirements:

• Ability to work effectively in a fast-paced environment.
• Strong problem-solving and conflict resolution skills.
• Adaptability and flexibility in a rapidly changing business landscape.

Financial Leadership and Strategy

• Develop and implement financial models, projections, and feasibility studies to support growth and investment decisions.
• Provide strategic financial guidance to the Founding Team and promoters in the establishment of the expansion and growth plan.
• Conduct variance analysis and recommend corrective actions to optimize financial performance.

Financial Planning, Budgeting & Forecasting

• Develop, implement, and monitor budgets for both project and operational functions.
• Ensure financial planning supports the institution's short-term and long-term strategic goals.
• Monitor cash flow management, liquidity planning, and financial stability of the organization.

Statutory Compliance & Audit

• Oversee and ensure timely compliance with statutory requirements, including TDS, GST, and other tax laws.
• Oversee internal and external audits, ensuring adherence to applicable accounting standards and regulatory requirements.
• Work closely with auditors, ensuring financial statements are prepared following applicable laws and regulations.

Internal Controls & Risk Management

• Develop and implement robust internal control systems to safeguard assets and ensure financial integrity.
• Ensure proper documentation, approvals, and substantiations for financial transactions to pass independent and statutory audits.
• Review and enhance financial policies and controls in collaboration with external consultants.

Project Finance & Procurement Oversight

• Lead financial management for various group-level projects, ensuring prudent fund allocation and cost optimization.
• Supervise procurement processes, vendor management, and contract negotiations to ensure cost efficiency and compliance.
• Monitor project costs and funding to ensure timely completion of capital-intensive initiatives.

Banking & Cash Flow Management

• Oversee banking relationships, including project finance arrangements and compliance with foreign exchange regulations.
• Ensure efficient cash flow management, liquidity planning, and financial stability of the organization.
• Work with financial institutions to secure funding and optimize capital structure.

Financial Reporting & Governance

• Prepare and present periodic financial reports for Finance Sub-committee and Governing Board meetings.
• Maintain accuracy in financial tracking, reporting, and compliance with the chart of accounts.
• Ensure financial transparency and accountability across all operational and project-related expenditures.

Ground-Level Financial Operations & Support

• Guide and supervise teams to maintain accurate and complete financial records.
• Implement a robust financial control framework to ensure accuracy and compliance at the school level.
• Assist department leads in budget preparation and financial goal setting for sustainable growth.
• Ensure effective revenue management, collections, receivables, revenue recognition etc.
• Coordinate statutory and internal audits.
• Participate in the annual budgeting and planning process.
• Conceptualize and implement cost optimization initiatives.
• Manage the cash flow of the Group.
• Ensure compliance to University Act and Statutes.
• Ensure fixed assets/capex are properly accounted and effectively utilized.

Taxation & Regulatory Compliance

• Ensure compliance with direct and indirect tax regulations, including corporate tax, withholding taxes, and expatriate staff social security requirements.
• Address and manage any taxation issues in coordination with legal and financial advisors.

Process Improvement & Systems Implementation

• Implement financial systems and tools to improve financial management efficiency.
• Introduce best practices in financial operations, leveraging technology to enhance accuracy and reporting.
• Continuously improve financial processes to achieve cost efficiency and operational effectiveness.

Stakeholder & Board Engagement

• Collaborate with internal and external stakeholders to drive financial sustainability and compliance.
• Communicate financial insights and recommendations to senior leadership for informed decision-making.
• Engage with donors, investors, and funding agencies as required to support financial growth initiatives.

People & Team Management

• Lead and mentor the finance team to enhance professional development and performance.
• Ensure appropriate staffing and resource allocation to meet business needs and financial goals.
• Foster a culture of financial discipline and accountability within the organization.

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