Chief Financial Officer for Educational Institution

2 days ago

Chennai, Tamil Nadu, India Rajalakshmi Engineering College Full time
About Us

Rajalakshmi 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 Description

The Chief Financial Officer 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.

Key Responsibilities:
  • Financial Analysis: Conduct regular financial analysis to assess the institution's financial performance, identify areas for improvement, and support decision-making processes.
  • Budgeting and Forecasting: Assist in the preparation of annual budgets, forecasts, and financial plans in alignment 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.
Requirements

To be successful in this role, you should have:

  • Bachelor's degree in Finance, Accounting, or related field; professional certification (e.g., CA) preferred.
  • Proven experience in finance or accounting roles, preferably in an educational institution or related industry.
  • Solid 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.
  • 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.
  • Integrity, professionalism, and a commitment to upholding ethical standards in financial management.
Benefits

We offer a competitive salary commensurate with qualifications and experience, opportunities for professional development and career advancement, comprehensive benefits package, including health insurance and retirement savings plans, and a supportive and collaborative work environment that values diversity and inclusion.

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