Finance Officer

Usha Martin University

Ranchi

On-site

INR 2,400,000 - 4,200,000

Full time

8 days ago

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Job summary

Usha Martin University in Ranchi seeks a Financial Controller to lead corporate accounting, drive month-end close, and ensure accurate financial reporting for executive decision-making.

The role bridges transactional data with strategic planning, mentoring accounting teams, strengthening internal controls, and accelerating ERP-driven data automation to enhance financial insights.

Qualifications

  • Must manage general ledgers and ensure records are accurate.
  • Oversee A/P, A/R, billing and payroll processing.
  • Lead month-end and year-end closings for timely updates.
  • Prepare monthly, quarterly, and annual financial statements.
  • Monitor variances and optimize working capital and liquidity.
  • Maintain internal controls and liaise with external auditors.
  • Ensure GAAP/IFRS compliance and tax filings.
  • Mentor accounting staff and drive ERP/data automation.

Responsibilities

  • Oversee all corporate ledgers, ensuring correct coding and balanced records.
  • Supervise and streamline accounts payable (A/P), accounts receivable (A/R), billing, and payroll processing.
  • Lead and execute month-end and year-end closing processes for timely corporate updates.
  • Produce accurate monthly/quarterly/annual financial statements including balance sheets and P&L.
  • Monitor budget-to-actual variances and provide actionable trend analysis.
  • Track day-to-day cash flows to optimize liquidity.
  • Design, implement and test internal spending controls to safeguard assets.
  • Serve as primary liaison with external auditors; ensure compliance schedules.

Skills

GL Management
Accounts Oversight
Month-End Close
Financial Reporting
Variance Analysis
Cash Flow
Internal Controls
Audit Liaison
Tax Compliance
Team Leadership
ERP Systems

Tools

ERP Systems

Job description

A Financial Controller serves as the lead corporate accountant, overseeing all day-to-day accounting operations, managing the month-end close process, and ensuring accuracy in financial reporting. This role acts as a vital bridge between complex transactional data and executive-level strategic planning, typically reporting directly to the Chief Financial Officer (CFO) or VP of Finance.

Core Roles & Responsibilities'

The primary objective of a Financial Controller is to maintain impeccable financial integrity through several critical operational areas:

Financial Control & Accounting Operations
  • General Ledger Management: Oversee all corporate ledgers, ensuring correct coding, balancing, and execution of transaction records.
  • Operational Oversight: Supervise and streamline accounts payable (A/P), accounts receivable (A/R), billing, and payroll processing.
  • Period-End Close: Lead and execute rigorous month-end and year-end closing processes to deliver timely corporate updates.
Financial Reporting & Analysis
  • Statement Preparation: Produce accurate monthly, quarterly, and annual financial statements, including balance sheets and profit & loss statements.
  • Variance Analysis: Monitor budget-to-actual variances and provide actionable trend analysis to company leadership.
  • Cash Flow Monitoring: Track everyday cash inflows and outflows to optimize working capital and corporate liquidity.
Compliance, Risk Management & Audits
  • Internal Controls: Design, implement, and test strict internal spending policies to safeguard assets and prevent fraud.
  • Audit Liaison: Serve as the primary point of contact for external auditors, preparing necessary schedules and resolving compliance findings.
  • Regulatory Tax Filing: Ensure total adherence to GAAP or IFRS guidelines alongside completing local, state, and federal tax filings.
Team Leadership & Process Optimization
  • Staff Mentorship: Recruit, train, and manage accounting managers, bookkeepers, and operational specialists.
  • Systems Improvement: Champion digital transformation initiatives, including enterprise resource planning (ERP) system upgrades and data automation.

Candidates from Education Industry are preferred.

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