Finance Manager

Erulearning Solutions; Bengaluru; On-site; INR 2,000,000 - 3,600,000; Full time

Job summary

Erulearning Solutions is seeking a Finance Manager to support the CFO in end-to-end finance operations for the campus/business unit, driving financial planning, performance monitoring, controls and compliance. The role requires hands-on execution, meticulous attention to detail, and leadership in a matrix environment, coordinating with academic, operations and central finance teams.

The incumbent will oversee outsourced accounting partners, ensure timely closes, and deliver decision-ready

Qualifications

• Chartered Accountant with 48 years of postqualification experience.
• Experience in operational finance, BU finance, or single-entity roles.
• Exposure to education, services, infrastructure, or operations-heavy environments preferred.
• Experience working with outsourced accounting models is an advantage.

Responsibilities

• Budgeting, forecasting and performance management across campus plans and intake strategies.
• Track actuals vs. budget; analyse variances and highlight risks and opportunities.
• Prepare periodic performance reports covering revenue, costs, margins, and KPIs at program and cohort level.
• Oversee day-to-day accounting activities managed by outsourced accounting firms.
• Ensure timely monthly closes and accuracy of books and MIS.
• Maintain integrity of financial data across systems and reports.
• Coordinate statutory, tax, and internal audits with external auditors.
• Support cash flow forecasting and working capital tracking.

Skills

Budgeting

Forecasting

Performance Management

Financial Analysis

MIS

Internal Controls

Audit Coordination

Stakeholder Management

Education

Chartered Accountant with 48 years of postqualification experience

Job description

The Finance Manager will support the CFO / Director Finance in managing the endtoend finance operations for the campus / business unit. The role is responsible for driving robust financial planning, performance monitoring, controls, and compliance, while acting as a key execution partner to convert strategic intent into operational outcomes.

This role is handson, detailoriented, and critical to ensuring financial discipline, timely reporting, and decisionready insights for leadership. The Finance Manager will work closely with academic, operations, and central finance teams in a matrix environment and will oversee outsourced accounting partners.

The role reports directly to the CFO / Director Finance

Key Responsibilities

1. Budgeting, Forecasting & Performance Management
2. Support preparation of annual budgets and rolling forecasts aligned with campus plans and intake strategies.
3. Track actuals vs. budget; analyse variances and highlight risks and opportunities.
4. Prepare periodic performance reports covering revenue, costs, margins, and KPIs at program and cohort level.
5. Assist in monitoring unit economics and identifying margin improvement initiatives.

Financial Analysis & Decision Support

1. Provide financial analysis for pricing decisions, scholarships, faculty hiring, infrastructure costs, and vendor contracts.
2. Support evaluation of new programs, initiatives, partnerships, and operational changes.
3. Prepare breakeven, ROI, and sustainability analyses for proposals reviewed by the CFO and leadership team.
4. Translate complex financial data into clear, managementready insights.

Accounting, Close & MIS

1. Oversee daytoday accounting activities managed by outsourced accounting firms.
2. Ensure timely monthly closes and accuracy of books and management information systems (MIS).
3. Review journals, reconciliations, and schedules to ensure compliance with accounting standards.
4. Maintain integrity of financial data across systems and reports.

Controls, Compliance & Audit

1. Support the CFO in maintaining strong internal controls, approval matrices, and finance policies.
2. Coordinate statutory, tax, and internal audits, collaborating closely with external auditors and advisors.
3. Ensure timely compliance with tax, regulatory, and secretarial requirements for the entity.
4. Track remediation of audit observations and strengthen control processes over time.

Reporting & Stakeholder Management

1. Prepare financial reports, dashboards, and presentations for internal leadership and central finance teams.
2. Function as a firstlevel reviewer for capex requests, contracts, and commercial commitments.
3. Coordinate financial inputs required for partner institutions, boards, or governance forums.

Cash Flow & Operational Readiness

1. Support cash flow forecasting, working capital tracking, and funding visibility.
2. Monitor vendor payments, receivables, and cost commitments to ensure liquidity discipline.
3. Assist in implementation and adoption of finance systems, tools, and standard reporting formats as operations scale.

Key Interfaces

• CFO / Director Finance
• Campus leadership and operations teams
• Central finance, tax, and legal teams
• Outsourced accounting and audit firms
• External advisors and vendors

Desired Profile

Experience & Qualifications

• Chartered Accountant with 48 years of postqualification experience.
• Experience in operational finance, BU finance, or singleentity roles.
• Exposure to education, services, infrastructure, or operationsheavy environments preferred.
• Experience working with outsourced accounting models is an advantage.

Core Skills & Capabilities

• Strong grounding in accounting, budgeting, and financial controls.
• Analytical mindset with ability to support commercial and strategic decisions.
• High diligence with comfort managing executionheavy responsibilities.
• Ability to work in a matrix and evolving organisation.
• Clear communication and stakeholdermanagement skills.