Finance Officer

IIMT University; Meerut; On-site; INR 1,500,000 - 2,600,000; Full time

Job summary

IIMT University seeks an experienced Finance Officer to lead the university's financial operations, budgeting, accounting, and reporting. The role emphasizes governance, compliance, and strategic financial planning to support academic and administrative objectives.

The candidate will manage audits, cash flow, and financial controls while guiding senior leadership on resource allocation and risk management. Strong leadership and analytical skills are essential for this senior role.

Qualifications

• CA qualification with ICAI membership.
• Strong knowledge of accounting, taxation, auditing, financial management, and statutory compliance.
• Proficiency in financial management software, ERP systems, and advanced MS Excel.
• Experience leading finance and accounts teams in large institutions.
• Strategic financial planning and governance experience.

Responsibilities

• Develop and oversee the University's annual budget and financial plans.
• Monitor income, expenditure, cash flow, and financial performance.
• Advise university leadership on financial planning and resource allocation.
• Coordinate internal, external, statutory, and government audits.
• Manage banking relationships, investments, and liquidity requirements.
• Lead and supervise the finance and accounts department.
• Present financial reports and ensure timely financial statements.

Skills

Leadership

Analytical thinking

Communication

Decision-making

Integrity

Education

Chartered Accountant (CA)

Tools

ERP systems

MS Excel

Job description

IIMT University invites applications from experienced and qualified finance professionals for the position of Finance Officer. The candidate will be responsible for managing the University's overall financial operations, budgeting, accounting, financial planning, statutory compliance, audits, and financial reporting.

The incumbent will oversee financial management systems, ensure transparency and accountability in financial transactions, monitor institutional expenditure, and provide strategic financial advice to university leadership.

The role requires strong expertise in financial management, taxation, statutory compliance, audit management, budgeting, and institutional financial governance. The candidate must be capable of leading the finance and accounts team and ensuring efficient utilization of university resources.

Key Roles and Responsibilities

Develop and oversee the University's annual budget and financial plans.

Monitor income, expenditure, cash flow, and financial performance.

Advise university leadership on financial planning and resource allocation.

Ensure effective financial controls and optimal utilization of funds.

Supervise accounting operations and maintain accurate financial records.

Ensure timely preparation of financial statements, balance sheets, and management reports.

Monitor fee collections, payments, vendor accounts, and institutional receivables.

Establish transparent financial reporting and documentation systems.

C. Audit & Statutory Compliance

Coordinate internal, external, statutory, and government audits.

Ensure compliance with applicable Income Tax, GST, TDS, and other statutory requirements.

Coordinate with auditors, banks, financial institutions, and government authorities.

Ensure timely filing of returns and statutory financial statements.

D. Fund & Treasury Management

Manage banking relationships, investments, and institutional funds.

Monitor cash flow and liquidity requirements.

Supervise financial transactions, payment approvals, and fund utilization.

Ensure appropriate financial controls and risk management.

Implement financial policies, procedures, and internal control mechanisms.

Present financial reports and budgetary updates to university management.

Ensure compliance with university financial rules and applicable regulations.

Identify opportunities for cost optimization and operational efficiency.

Lead and supervise the finance and accounts department.

Establish accountability and performance standards within the team.

Coordinate with academic schools, administrative departments, procurement, and management.

Eligibility Criteria

Must be a qualified Chartered Accountant (CA) with membership of the Institute of Chartered Accountants of India (ICAI).

Strong knowledge of accounting standards, taxation, auditing, financial management, and statutory compliance.

Excellent understanding of budgeting, financial planning, and institutional financial governance.

Proficiency in financial management software, ERP systems, and advanced MS Excel.

Strong analytical, leadership, communication, and decision-making abilities.

Additional qualifications such as MBA (Finance), CMA, or relevant certifications will be an advantage.

Experience Required

Minimum 10 years of relevant professional experience in finance, accounts, auditing, or financial management.

Significant experience in managing finance and accounts operations in a university, educational institution, large organization, or corporate setup.

Proven experience in budgeting, financial reporting, taxation, statutory audits, and regulatory compliance.

Experience in managing large institutional budgets, financial controls, banking operations, and financial planning.

Prior experience in a senior finance leadership role, preferably as Finance Officer, Chief Finance Officer, Financial Controller, or Head of Finance, will be preferred.

Strategic financial planning and management.

Strong accounting and taxation expertise.

Audit and regulatory compliance management.

Financial risk assessment and internal controls.

Leadership and team management.

Analytical thinking and problem-solving.

Integrity, confidentiality, and professional ethics.