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Deputy Finance Officer
Rashtreeya Sikshana Samithi TrustBengaluru, Karnataka, India9 days ago
Job descriptionOversee student fee collections , concessions, and refunds. Ensure timely accounting of hostel, transport, and auxiliary revenues . Monitor outstanding dues and coordinate recovery with student services. Supervise accounting of scholarships, grants, donations, and sponsorships . Authorize and monitor payroll, procurement, and operational expenses . Ensure 3-way matching (PO, invoice, goods receipt) for vendor payments. Manage vendor advances and settlements. Implement internal cost control measures without compromising academic quality. Manage banking operations, fund transfers, and reconciliations . Monitor working capital, fee inflows, and expenditure outflows. Ensure adequate liquidity for payroll, statutory dues, and capital projects. Optimize short-term investments of surplus funds. Ensure timely filing of GST, TDS, PF, ESI, Professional Tax, and Income Tax returns. Comply with UGC / AICTE / State Education Department financial guidelines . Ensure audit compliance (internal, statutory, government audits). Maintain proper documentation for regulatory inspections. Prepare monthly, quarterly, and annual financial statements . Submit MIS reports to the Board / Trust on fees, costs, and fund utilization. Maintain department-wise income & expenditure statements . Generate reports for statutory bodies, funding agencies, and accreditation (NAAC, NBA,NIRF). Develop internal controls for fee collection, payments, and assets . Coordinate with internal and statutory auditors . Implement audit recommendations with timelines. Prevent fraud and misuse of university funds. Maintain fixed asset register (labs, buildings, hostels, IT equipment). Ensure correct capitalization, depreciation, and insurance of assets. Monitor financial aspects of new infrastructure projects (hostels, research labs, classrooms). Supervise accounts staff, admission fee staff, and finance executives. Build capability in SAP accounting system usage. Allocate responsibilities for fee collection, vendor management, payroll. Train staff on compliance, accounting standards, and reporting requirements. Act as financial advisor to the Registrar, Vice-Chancellor, and Board of Governors . Liaise with banks, auditors, tax consultants, government bodies . Present financial performance in academic council / board meetings. Support long-term planning for sustainability and growth of the university. Compensation will be commensurate as per norms. Candidate having experience in finance background from education sector will be an added advantage.
For the past 80+ years, RV Educational Institutions has been committed to imparting quality education to one and all.
Our journey started under the exceptional leadership of our founder, Sri M. C. Sivananda Sarma. A freedom fighter, educator, and administrator, Sri Sarma was inspired by Gandhian principles to lay the foundations of our group and help fellow Indians realize their true potential.
Today, our institutions — from kindergarten to centers for higher studies — enable people from all sections of society to access affordable and world-class education.
Position : Deputy Finance Officer
Qualification & Experience : CMA (Final) / CA (Intermediate) with 10+ years of industry experience.
Job role :
1. Financial Planning & Strategy
- Prepare annual budgets , departmental / School budgets, and rolling forecasts.
- Monitor budgetary control and report on variances (actual vs. budget).
- Advise management on financial planning, fee structure, and capital projects.
- Develop financial policies aligned with State regulations .
2. Income Management
3. Expenditure Control
4. Treasury & Cash Flow
5. Statutory Compliance
6. Financial Reporting & MIS
7. Internal Control & Audit
8. Asset & Project Management
9. Team Leadership
10. Governance & Liaison
Interested candidates meeting the criteria may apply and shortlisted candidates will be contacted shortly for interview.
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Finance Officer • Bengaluru, Karnataka, India
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