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Finance and Budgeting Director

Finance and Budgeting Director

SRM University, APAmaravati, Republic Of India, IN
4 days ago
Job description

Required an experienced and dedicated finance professional to lead financial planning, analysis, budgeting and compliance functions. This role is required to play a key part in driving strategic decision-making by delivering accurate financial insights, ensuring compliance with regulations, and managing key stakeholder relationships.

Key Responsibilities :

Strategic Financial Management :

  • Lead annual budgeting, forecasting and financial planning processes across academic and administrative departments
  • Provide regular financial reports and insights to senior leadership (e.G Registrar, Pro VC and VC)
  • Monitor key performance indicators (KPI's) and advise on financial implications of policy or academic changes

Financial Operations :

  • Oversee month-end and year-end closing processes
  • Ensure accuracy of financial statements in compliance with accounting standards (eg. Ind AS, IFRS, GAAP)
  • Co-ordinate with internal teams for timely billing, payments and reconciliation
  • Regulatory and Compliance :

  • Ensure timely compliance with statutory requirements, including tax filings, audit and regulatory submissions. Ensure timely filings of GST, TDS, Income Tax, ROC etc.,
  • Co-ordinate internal and external audits and ensure adherence to audit recommendations.
  • Support in the preparation and submission of reports to regulatory bodies, such as UGC, NAAC, NIRF or any other foreign affiliations
  • Grant & Research Fund Management :

  • Monitor utilization of research grants and sponsored projects in line with funding agency guidelines
  • Ensure compliance with financial terms of MoU's and funding contracts
  • Support faculty and departments in grant budgeting and financial reporting.
  • Policy, Processes and Controls :

  • Develop and enforce robust financial policies and internal controls across all functions
  • Recommend process improvements to enhance transparency, efficiency and accountability.
  • Lead the implementation and use of ERP systems related to finance and controls.
  • Team Leadership :

  • Supervise finance staff, ensuring clear delegation, training, and performance management
  • Collaborate with cross-functional teams including HR, Procurement, Travel Desk, Campus Life and Maintenance, Student Affairs, Academic and other administrative departments.
  • Qualifications, Experience & Skills :

  • CA / ICWA with Minimum 8-10 years of Experience in Financial Leadership Roles
  • Strong analytical and problem-solving skills, Advanced excel, excellent communication skills and stakeholder management skills, ERP Implementation experience
  • Knowledge of UGC / NIRF / NAAC reporting and Statutory frameworks is an asset.
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    Finance Director • Amaravati, Republic Of India, IN

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