Chat

iimjobs

jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
23/04 Harsh
Co-Founder at MyTrustedTutor.com

Views:975 Applications:231 Rec. Actions:Recruiter Actions:107

Director - Finance - IB Board School (10-20 yrs)

Hyderabad Job Code: 1084530

Finance

- Lead the strategic direction of the business and finance function of the India operations.

- Ensure proper accounting and financial records and systems are maintained.

- Lead the preparation of management accounts along with detailed and appropriate analysis for business performance improvement.

- Ensure financial accounts are produced monthly, in accordance with International Financial Reporting Standards and within timeframes received from Group Finance.

- Manage and sign off the local and international accounting requirements.

- Ensure all statutory accounting and tax returns are produced and submitted in accordance with legislation.

- Leading the preparation, validation and submitting of all required VAT returns, supporting schedules and any documentation/responses as may be required by the local tax authorities.

- To ensure effective internal controls and implement new procedures as necessary.

- Manage the relationships and liaison with external auditors and tax advisors regarding the statutory accounts and other statutory returns.

- Lead the treasury function and cash management to maximise the operational cash with in the business

- Work closely and collaborate with the Nord Anglia Education Finance Manager India to align with NAE processes.

Budgeting and Forecasting

- In conjunction with the Senior Leadership Teams, produce business plans, annual budgets and quarterly re-forecasts for the schools and business

- Lead the work with the budget holders to determine correct allocation of cost budgets across cost centres and budget headings.

- Work with the admissions staff to generate pupil number forecasts to drive the revenue budget.

- Work with the HR staff to determine the correct staffing structure, associated costs for the budget, and maintain this file for the forecast.

- Manage the budget and forecast process for the schools and business to Oakridge and Nord Anglia

Education deadlines using Nord Anglia Education templates.

- Ensure that cost efficiency is a key part of the budget process, eliminating waste and ensuring bestvalue for money.

Budget Management and Reporting

- Ensure the school maintains costs within agreed budget levels.

- Monitor actual spend against budget on a budget holder and account heading basis.

- Liaise with budget holders on a regular basis to ensure that they are aware of their budgets and what they have spent to date.

- Take action to ensure that budget holders do not go over their budgets during the year.

- Ensure complete management accounts are used to improve performance.

- Review and reporting of the monthly management accounts and timely submission.

- To produce financial and performance reports to the Principals, School Directors, Managing Director and Nord Anglia Education as required.

- Review the reporting packs and propose improvements.

- Produce and submit appropriate capital expenditure proposals and reporting

- Production of weekly and monthly cash flow forecasts to aid both the school and Nord Anglia cash management.

Sales Ledger and Credit Control

- Ensure the timely and accurate production of tuition fee invoices.

- Actively manage the credit control process to ensure that all debts are collected by the due date.

- Actively manage the school's cash flow to maximise efficiencies on cash usage.

Operational Expertise & Resource Management

- Lead all relevant analytics and provide metrics and analysis around the business.

- Lead the implementation and execution of relevant management information systems, planning and deployment working with central teams and resources to deploy on time

Personnel and Staff

- Oversee and manage the workload of the finance team staff and manage their professional development, recruitment and retention

- Lead, coach and develop school Finance Managers to deliver against targets.

- Passionately advocate for education and the NAE brand and serve as visionary leader within the organization to motivate and create high-performing teams.

- Identify training needs/gaps at each of the schools in the region and support the creation of global learning curricula related to Finance and accounts.

- Represent the India International Schools region on all global projects on Finance

Management Competencies

- Ability to manage and lead a team of Finance professionals responsible for various aspects of the finance function.

- Excellent problem solving and trouble-shooting ability. Must display initiative and capability of assuming ownership of projects/task.

- Ability to present to senior management and/or to the Board.

Behavioural Competencies

- Effective communicator.

- Good interpersonal skills.

- Team player who can work with business multiple units and all stake holders.

- Passionate and able to mentor the team.

- Self-starter with ownership and accountability.

Technical Competencies

Mandatory:

- 10+ years management experience

- IFRs, IndAS and iGAAP knowledge

Preferred:

- Chartered Accountant/MBA Finance from Premium Institutes.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
  • Apply
  • Assess Yourself
  • Save
  • Insights
  • Follow-up
Something suspicious? Report this job posting.