Finance Operations Manager

K12 Techno Services Pvt. Ltd.; Bengaluru; Presencial; INR 2 500 000 - 4 000 000; Tempo integral

Resumo da oferta

K12 Techno Services Pvt. Ltd. in Bengaluru seeks a Manager – FinOps (Schools) to own financial health across partner schools. You will lead reconciliations, due diligence, and day-to-day finance for multi-site operations, working with school teams on budgets and controls.

The role requires CA with 2–4 years PQE and experience in school takeovers, multi-unit environments, and audit support. Travel to schools for diligence and audits is expected.

Qualificações

• Chartered Accountant with 2–4 years post-qualification experience (or CA Inter with 3–5 years relevant work).
• Hands-on experience in financial due diligence, transaction support or statutory/internal audit.
• Strong working knowledge of Tally/ERP, Excel (pivots, lookups, basic modelling) and GST/TDS/ESI compliance.

Responsabilidades

• Lead financial due diligence of schools and prepare clear red-flag summaries for management.
• Oversee 1–2 FinOps Executives; ensure reconciliations and month-end processes are complete.
• Track collections, payments and liabilities; ensure budget adherence and audit readiness.
• Set up finance processes at new schools and coordinate with auditors and central finance.
• Support statutory/ internal audits and provide guidance to school teams.

Conhecimentos

Detail orientation

Travel readiness

Financial analysis

Formação académica

CA with 2–4 years post-qualification

Ferramentas

Tally/ERP

Excel (pivots & lookups)

Descrição da oferta de emprego

Recommended level: Manager – FinOps (Schools), a qualified CA with 2–4 years of post-qualification experience. Due diligence on school financials and sign-off on reconciliations need judgement that an Executive-level hire usually does not yet have. Each Manager leads 1–2 FinOps Executives, who handle day-to-day reconciliations and tracking (separate JD).

Detail

Function

Growth / Finance

Reports to

Head – Growth (dotted line to Finance Controller)

Experience

2–4 years post-CA; 3–5 years total if CA Inter with strong school/multi-unit exposure

Team

Each Manager supervises 1–2 FinOps Executives

Location

To be confirmed, with travel to schools for diligence and audits

Own the financial health and control of our schools, from the deal table to day-to-day running. You will check the numbers of schools we plan to take over or partner with, and then make sure every operating school’s collections, payments, expenses and liabilities are tracked, reconciled and within budget.

Key responsibilities

1. Financial due diligence of schools

• Review audited financials, ITRs, bank statements and fee registers of target schools and trusts for the last 3 years.
• Validate student strength against fee collection; flag gaps, concessions and dues.
• Identify liabilities: loans, creditor dues, statutory dues (PF, ESI, TDS, GST), staff salary arrears and pending litigation with a money impact.
• Prepare the DD report and a clear summary of red flags, adjustments and deal-value impact for management.

2. Accounts reconciliation

• Monthly bank, fee-collection and payment-gateway reconciliation for each school.
• Reconcile vendor and landlord ledgers, advances and security deposits.
• Close open items within the month and keep a clean audit trail.

3. Collections, payments and liabilities tracking

• Track fee collections against fee demand by school, grade and instalment; drive follow-up on overdues with school teams.
• Maintain a payables calendar for rent/lease, MSA payments, salaries, vendors and statutory dues; ensure nothing is paid late or twice.
• Keep a live liability register per school, including takeover-related commitments and creditor payouts.
• Set up and run finance processes at new and taken-over schools: chart of accounts, approval limits, petty cash, fee receipting.
• Work with school principals and admin heads on day-to-day finance questions.
• Support statutory, internal and trust audits; coordinate with auditors and the central finance team.

5. Budget tracking

• Prepare annual budgets for each school with the school and Growth teams.
• Publish a monthly budget-vs-actual report with short notes on major variances.
• Track capex for new campuses (fit-outs, furniture, IT, branding) against approved budgets.

6. Expense oversight

• Review and approve expenses against policy and budget before payment.
• Spot leakages, duplicate bills and out-of-policy spends; recommend cost controls.
• Run periodic expense reviews with school heads and present findings to management.

7. Team leadership

• Supervise the FinOps Executives: allocate work, review reconciliations and payment files, and sign off.
• Train the Executives and school admin teams on finance processes and controls.

How success is measured

Due diligence:DD report shared within agreed timeline (typically 7–10 working days of data receipt); no material liability found post-deal that DD missed

Reconciliation:All bank and fee reconciliations closed by the 10th of the following month

Collections:Fee collection % vs demand per school; overdue ageing trending down

Budget:Monthly budget-vs-actual report out by the 15th; variances above 10% explained

Expenses:Spend within approved budget; leakages identified and recovered

Audit:Clean audits with no repeat observations

Who we are looking for

Must have

• Chartered Accountant with 2–4 years post-qualification experience (or CA Inter with 3–5 years of strong, relevant work).
• Hands-on experience in financial due diligence, transaction support or statutory/internal audit.
• Strong working knowledge of Tally/ERP, Excel (pivots, lookups, basic modelling) and GST, TDS, PF and ESI compliance.
• Comfortable reading trust and society accounts, not only company accounts.

Good to have

• Experience in K-12 education, multi-branch retail, healthcare or any multi-unit business.
• Exposure to school takeovers, lease/MSA structures or fee-based businesses.
• Big 4 or mid-size CA firm background in audit or advisory.

Personal attributes

• Detail-oriented but able to give a clear yes/no view to management.
• Willing to travel to schools and work directly with school teams.