Job Summary
The Head of Accounts / SFAO is responsible for overseeing all financial and accounting
operations of the institution, ensuring compliance with statutory regulations, and providing
strategic financial leadership. The role involves managing budgets, audits, investments,
and financial risks while collaborating with internal and external stakeholders to support
...
the institution’s growth and sustainability.
Key Responsibilities
Financial Management:
1. Oversee the institution’s accounting, auditing, budgeting, and financial planning activities.
2. Formulate and implement financial policies, ensuring alignment with institutional goals.
3. Prepare and monitor annual budgets, cash flow forecasts, and financial reports.
4. Manage funds, investments, and endowments, ensuring optimal utilization and returns.
5. Ensure compliance with legal and regulatory requirements (e.g., Income Tax, GST,PF, Trust Act).
6. Maintain accurate records of fixed assets and conduct quarterly verifications.
7. Supervise the preparation of monthly expenditure reports and financial statements.
Compliance and Risk Management:
1. Coordinate / Conduct annual financial audits and ensure statutory compliance.
2. Implement risk management strategies in line with institutional policies.
3. Ensure adherence to procurement and financial policies for donor-funded projects.
4. Monitor and address unauthorized expenditures or financial irregularities.
Administrative and Operational Duties:
1. Lead and mentor the accounts and finance team, fostering professional growth.
2. Collaborate with department heads to streamline financial processes and improve efficiency.
3. Represent the institution in dealings with government agencies, auditors, and accreditation bodies.
4. Maintain minutes and records for Finance Committee meetings.
5. Support HR in payroll management, contract administration, and performance reviews.
Strategic Initiatives:
1. Advise the leadership on financial strategies for institutional growth and sustainability.
2. Identify cost-saving measures and optimize resource allocation.
3. Leverage technology (ERP, accounting software) to enhance financial operations.
Qualifications and Experience
• Master’s degree with at least 55% marks (or equivalent grade) in Finance, Accounting, or a related field.
• Minimum 10–15 years of experience in financial administration, with at least 8 years in a supervisory role.
• Experience in educational institutions, trusts, or large organizations (500+ employees, turnover ≥ INR 100 crores preferre
• Experience in project financing matters.
• Professional certification such as intermediate examination of Chartered Accountancy / Cost Accountancy
• Expertise in legal and statutory compliance (e.g., Trust Act, Tax Laws).
• Proficiency in accounting software (e.g., Tally, SAP), ERP systems, and advanced Excel.
experience
15show more Job Summary
The Head of Accounts / SFAO is responsible for overseeing all financial and accounting
operations of the institution, ensuring compliance with statutory regulations, and providing
strategic financial leadership. The role involves managing budgets, audits, investments,
and financial risks while collaborating with internal and external stakeholders to support
the institution’s growth and sustainability.
Key Responsibilities
Financial Management:
1. Oversee the institution’s accounting, auditing, budgeting, and financial planning activities.
2. Formulate and implement financial policies, ensuring alignment with institutional goals.
3. Prepare and monitor annual budgets, cash flow forecasts, and financial reports.
4. Manage funds, investments, and endowments, ensuring optimal utilization and returns.
5. Ensure compliance with legal and regulatory requirements (e.g., Income Tax, GST,PF, Trust Act).
6. Maintain accurate records of fixed assets and conduct quarterly verifications.
7. Supervise the preparation of monthly expenditure reports and financial statements.
Compliance and Risk Management:
...
1. Coordinate / Conduct annual financial audits and ensure statutory compliance.
2. Implement risk management strategies in line with institutional policies.
3. Ensure adherence to procurement and financial policies for donor-funded projects.
4. Monitor and address unauthorized expenditures or financial irregularities.
Administrative and Operational Duties:
1. Lead and mentor the accounts and finance team, fostering professional growth.
2. Collaborate with department heads to streamline financial processes and improve efficiency.
3. Represent the institution in dealings with government agencies, auditors, and accreditation bodies.
4. Maintain minutes and records for Finance Committee meetings.
5. Support HR in payroll management, contract administration, and performance reviews.
Strategic Initiatives:
1. Advise the leadership on financial strategies for institutional growth and sustainability.
2. Identify cost-saving measures and optimize resource allocation.
3. Leverage technology (ERP, accounting software) to enhance financial operations.
Qualifications and Experience
• Master’s degree with at least 55% marks (or equivalent grade) in Finance, Accounting, or a related field.
• Minimum 10–15 years of experience in financial administration, with at least 8 years in a supervisory role.
• Experience in educational institutions, trusts, or large organizations (500+ employees, turnover ≥ INR 100 crores preferre
• Experience in project financing matters.
• Professional certification such as intermediate examination of Chartered Accountancy / Cost Accountancy
• Expertise in legal and statutory compliance (e.g., Trust Act, Tax Laws).
• Proficiency in accounting software (e.g., Tally, SAP), ERP systems, and advanced Excel.
experience
15show more
