Finance Manager

1 day ago


Pune, Maharashtra, India ALARD University Pune Full time

Key Responsibilities

A. Financial Planning, Budgeting & Cash Flow Management

  • Prepare annual and periodic budgets in coordination with Management, Registrar, and Schools/Departments.
  • Monitor cash flow, fund availability, and liquidity to ensure smooth University operations.
  • Plan fund requirements and ensure optimal utilization of financial resources.
  • Track budget vs actual expenditure and present variance analysis to Management.

B. Fund Utilization & Financial Controls

  • Ensure proper allocation, utilization, and monitoring of funds as per approved budgets.
  • Implement financial controls to prevent misuse of funds and ensure accountability.
  • Verify expenditures, payments, and approvals in compliance with University policies and statutory norms.

C. Accounting Operations & Financial Records

  • Oversee day-to-day accounting operations including receipts, payments, ledgers, bank reconciliations, and journal entries.
  • Ensure accuracy and completeness of books of accounts as per applicable accounting standards.
  • Coordinate with School Admins and Departments for fee-related and expenditure-related accounting entries.

D. Audit, Compliance & Statutory Requirements

  • Ensure timely conduct of internal, statutory, and external audits.
  • Prepare and submit financial statements, audit reports, and compliance documents.
  • Ensure compliance with the State Private University (Maharashtra) Act, Statutes, Ordinances, and other applicable laws (Income Tax, GST, etc.).
  • Support inspections and audits by statutory authorities and regulatory agencies.

E. Fees Management & Revenue Monitoring

  • Monitor student fee collection, reconciliation, refunds, and outstanding dues in coordination with Admissions and Registrar Office.
  • Ensure accurate fee accounting and reporting in ERP.
  • Generate periodic revenue reports and forecasts for Management.

F. Financial Reporting & Management Support

  • Prepare monthly, quarterly, and annual financial reports for Management and statutory bodies.
  • Provide financial insights and recommendations for strategic decision-making.
  • Support Governing Body, Board of Management, and Finance Committee meetings with financial data and analysis.

G. ERP, Systems & Process Compliance

  • Ensure accurate financial data entry and reporting in ERP systems.
  • Coordinate with IT/ERP teams for system improvements and controls.
  • Ensure integration of finance processes with admissions, examinations, payroll, and procurement modules.

H. Coordination & Institutional Support

  • Coordinate with Registrar Office, Deans, School Admins, HR, Procurement, and other departments on financial matters.
  • Support procurement, vendor payments, and contract-related financial verifications.
  • Maintain confidentiality and ethical standards in all financial operations.

I. Additional Responsibilities

  • Perform any other duties related to accounts and finance as assigned by the Management, Vice Chancellor, Registrar, or Finance Controller, in accordance with University statutes and regulations.

J. Professional Conduct & Accountability

  • Uphold financial integrity, transparency, and accountability.
  • Ensure strict confidentiality of financial data and institutional records.
  • Adhere to University policies, statutory requirements, and ethical financial practices.

K. Educational Qualification:

Master's degree in commerce / finance / accounting / management (Finance)
or
professional qualification such as
CA / ICMAI / MBA (Finance)
from a recognized University, with relevant experience in finance, budgeting, audits, and statutory compliance, preferably in a University or educational institution.


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