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Chief Finance & Accounts Officer

Job Description - Chief Finance & Accounts Officer

Description

Educational Qualifications :
• Chartered Accountant (CA) or 
• Cost and Management Accountant (CMA/ICWA) or 
• Master’s Degree in Commerce (M. Com/MBA) with specialization in Finance/Accounting from a recognized  
  University.

Professional Experience :
• 10 years of progressively responsible experience in Finance and Accounts. 
• At least 5 years in a senior managerial position in a University, Higher Educational Institution, or a reputed
 Corporate Organization. 
• Experience in financial planning, budgeting, statutory compliance, audit management, taxation, ERP
  systems, and regulatory reporting is essential. 
• Experience in higher education finance and UGC regulatory compliance will be preferred

 

 



Responsibilities

Post : Chief Finance & Accounts Officer

Organisation Name : SVKM NMIMS Global University, Dhule 
Job Location : Dhule, Maharashtra

 

Educational Qualifications :
• Chartered Accountant (CA) or 
• Cost and Management Accountant (CMA/ICWA) or 
• Master’s Degree in Commerce (M. Com/MBA) with specialization in Finance/Accounting from a recognized  
  University.

Professional Experience :
• 10 years of progressively responsible experience in Finance and Accounts. 
• At least 5 years in a senior managerial position in a University, Higher Educational Institution, or a reputed
 Corporate Organization. 
• Experience in financial planning, budgeting, statutory compliance, audit management, taxation, ERP
  systems, and regulatory reporting is essential. 
• Experience in higher education finance and UGC regulatory compliance will be preferred

 

Computer Skills 

•  Oracle ERP or equivalent Enterprise Resource Planning (ERP) systems 

•   Microsoft Excel (Advanced) 

•  Microsoft Word and PowerPoint 

•  Financial Modelling and MIS Reporting 

•  Budgeting and Forecasting Software 

•  GST, TDS, Income Tax, and Payroll Management Software 

• Google Workspace 

•  Data Analysis and Dashboard Preparation 

•  Digital Document Management Systems

Key Responsibilities 

Financial Planning & Budgeting

  • Prepare the University's annual budget in consultation with various Schools and Departments. 
  • Monitor budget utilization and recommend corrective measures wherever necessary. 
  • Prepare financial forecasts, cash flow statements, and long-term financial plans. 
  • Advise the University Management on financial planning and resource allocation. 

Accounts & Financial Management

  • Supervise the maintenance of books of accounts in accordance with applicable accounting standards. 
  • Ensure timely preparation of monthly, quarterly, and annual financial statements. 
  • Monitor receipts, payments, bank reconciliations, and fund management. 
  • Oversee accounting for tuition fees, grants, research funds, donations, and other income sources. 
  • Ensure effective treasury and cash management.  

Statutory Compliance

  • Ensure compliance with Income Tax, GST, TDS, PF, Professional Tax, and other statutory regulations. 
  • Coordinate statutory, internal, and government audits. 
  • Ensure timely filing of statutory returns and financial reports. 
  • Liaise with auditors, regulatory authorities, banks, and government agencies. 

Internal Controls & Risk Management

  • Develop and implement robust financial policies, procedures, and internal control systems. 
  • Monitor financial risks and recommend appropriate mitigation measures. 
  • Ensure compliance with university financial regulations and approval processes. 
  • Strengthen financial governance and accountability across the University. 

Payroll & Financial Operations

  • Supervise payroll processing, employee reimbursements, and vendor payments. 
  • Monitor procurement-related financial transactions. 
  • Ensure timely release of salaries, scholarships, stipends, and other financial obligations. 

Financial Reporting

  • Present financial reports, management information reports (MIS), and analytical reports to the Vice Chancellor and University Management. 
  • Prepare reports for the Board of Management, Finance Committee, and statutory bodies. 
  • Provide financial analysis for strategic decision-making. 

ERP & Digital Finance Management

  • Oversee finance-related modules in the University ERP system. 
  • Ensure accuracy and integrity of financial data in Oracle ERP or equivalent systems. 
  • Promote automation and digitization of finance and accounting processes. 

Team Leadership

  • Lead, supervise, and mentor the Finance and Accounts Department. 
  • Allocate responsibilities and monitor staff performance. 
  • Conduct training programs to improve financial compliance and operational efficiency. 

Coordination

  • Coordinate with Schools, Departments, HR, Procurement, Examination, Admissions, and Administration for financial matters. 
  • Liaise with external auditors, banks, government departments, and funding agencies.


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