Charted Accountant - CA (Leadership Position)

JOB DESCRIPTION: CHARTERED ACCOUNTANT (CA)

Experience: 8–15 Years

Department: Finance & Accounts

Job Type: Full-Time

Location: Lovely Professional University (LPU), Punjab

Qualification: Chartered Accountant (CA) – ICAI

1. Job Summary

We are seeking an experienced, detail-oriented, and result-driven Chartered Accountant with 8–15 years of professional experience to lead and manage financial operations, accounting, taxation, statutory compliance, budgeting, financial reporting, and internal controls. The ideal candidate will possess strong financial acumen, analytical capabilities, regulatory knowledge, and leadership skills to ensure financial accuracy, compliance, transparency, and operational efficiency.

The candidate will work closely with senior management to provide strategic financial insights, optimize costs, strengthen financial governance, and support informed business decisions.

2. Key Roles and Responsibilities

A. Financial Management and Reporting

• · Oversee day-to-day financial operations, accounting activities, and financial transactions.
• · Prepare and review monthly, quarterly, and annual financial statements, including the Balance Sheet, Profit & Loss Account, and Cash Flow Statement.
• · Ensure accurate and timely financial reporting in accordance with applicable Accounting Standards and Indian Accounting Standards, wherever applicable.
• · Monitor financial performance, analyze variances, and recommend corrective actions.
• · Develop financial dashboards, MIS reports, and management reports for senior leadership.
• · Ensure proper maintenance of books of accounts, ledgers, journals, and supporting documentation.
• · Manage month-end, quarter-end, and year-end closing processes.

B. Taxation and Statutory Compliance

• · Manage direct and indirect taxation matters, including Income Tax, TDS/TCS, GST, and other applicable statutory obligations.
• · Ensure timely filing of income tax returns, GST returns, TDS returns, and other regulatory submissions.
• · Review tax computations, reconciliations, assessments, and applicable tax provisions.
• · Coordinate with tax consultants, auditors, and regulatory authorities.
• · Handle tax notices, assessments, appeals, and related documentation.
• · Monitor changes in taxation laws, accounting standards, and regulatory requirements and ensure timely implementation.
• · Ensure compliance with applicable provisions of the Companies Act, 2013, and other relevant laws, as applicable to the organization.

C. Budgeting, Forecasting and Financial Planning

• · Develop annual budgets, operating plans, and financial forecasts in coordination with departmental heads.
• · Monitor actual expenditure against approved budgets and investigate significant variances.
• · Conduct financial analysis to identify cost-saving opportunities and improve resource utilization.
• · Prepare financial projections, cash flow forecasts, and working capital estimates.
• · Support management in financial planning, business decisions, and long-term financial sustainability.
• · Establish effective budgetary controls and expenditure monitoring mechanisms.

D. Audit and Internal Controls

• · Coordinate internal audits, statutory audits, tax audits, and other financial reviews.
• · Ensure the availability, accuracy, and completeness of financial records and audit documentation.
• · Identify financial risks, control weaknesses, and process gaps and recommend corrective measures.
• · Develop and implement robust internal financial controls, standard operating procedures, and compliance mechanisms.
• · Monitor audit observations and ensure timely closure of audit findings.
• · Strengthen financial governance, transparency, and accountability across departments.

E. Accounts Payable, Receivable and Cash Flow Management

• · Supervise accounts payable, accounts receivable, bank reconciliations, and general ledger activities.
• · Monitor collections, outstanding payments, advances, and vendor balances.
• · Ensure timely processing of vendor payments in accordance with approved policies.
• · Manage cash flow planning, liquidity monitoring, and fund utilization.
• · Review bank statements, financial reconciliations, and outstanding items.
• · Establish effective mechanisms to minimize overdue receivables and improve working capital efficiency.

F. Financial Analysis and Cost Optimization

• · Analyze financial statements, operating expenses, revenue trends, and cost structures.
• · Identify opportunities for expense control, process improvement, and operational efficiencies.
• · Conduct profitability analysis, financial modelling, and scenario-based financial assessments.
• · Provide management with actionable insights on financial performance and business risks.
• · Evaluate the financial implications of proposed projects, investments, and operational initiatives.
• · Recommend measures to improve financial discipline and overall organizational performance.

G. Team Leadership and Stakeholder Coordination

• · Lead, mentor, and supervise the finance and accounts team.
• · Allocate responsibilities, monitor performance, and ensure timely completion of deliverables.
• · Establish standardized accounting processes and reporting timelines.
• · Coordinate with senior management, internal departments, banks, auditors, consultants, vendors, and statutory authorities.
• · Ensure confidentiality, integrity, and accuracy in handling sensitive financial information.
• · Promote a culture of accountability, continuous improvement, and professional development.

H. Accounting Systems and Process Improvement

• · Ensure effective utilization of accounting software and ERP systems such as SAP, Oracle, Tally Prime, or equivalent platforms.
• · Improve automation, reconciliation processes, financial reporting, and documentation practices.
• · Maintain accurate digital records and appropriate financial data controls.
• · Identify opportunities to streamline finance workflows and improve reporting efficiency.
• · Support implementation or enhancement of financial systems, internal controls, and reporting tools.

3. Educational Qualifications

• · Qualified Chartered Accountant (CA) from the Institute of Chartered Accountants of India (ICAI).
• · A Bachelors degree in Commerce, Accounting, Finance, or a related discipline is desirable.
• · Additional qualifications in finance, taxation, business administration, or financial analytics will be an advantage.

4. Experience Requirements

• · 8–15 years of relevant professional experience in finance, accounting, taxation, audit, and financial management.
• · Strong hands-on experience in financial reporting, statutory compliance, budgeting, and internal controls.
• · Proven experience managing audits, tax assessments, reconciliations, and financial reporting cycles.
• · Experience in leading finance teams and coordinating with senior management.
• · Exposure to ERP-based accounting systems and advanced MS Excel is essential.
• · Experience in higher education, large institutions, multi-location organizations, or complex service-sector environments will be an added advantage.

5. Required Skills and Competencies

• · Strong knowledge of accounting principles, taxation laws, and statutory regulations.
• · Excellent financial analysis, problem-solving, and decision-making abilities.
• · Strong understanding of budgeting, forecasting, cash flow, and cost management.
• · High attention to detail and commitment to financial accuracy.
• · Strong leadership, team management, and stakeholder coordination skills.
• · Excellent communication, presentation, and report-writing abilities.
• · Proficiency in MS Excel, financial modelling, and accounting/ERP software.
• · Ability to manage multiple priorities, meet deadlines, and work under pressure.
• · High standards of integrity, confidentiality, accountability, and professional ethics.

6. Key Performance Indicators (KPIs)

• · Timely and accurate preparation of financial statements and MIS reports.
• · Compliance with statutory filing deadlines and applicable regulatory requirements.
• · Successful completion of internal, statutory, and tax audits.
• · Reduction in accounting discrepancies and reconciliation backlogs.
• · Effective budgetary control and variance management.
• · Improved cash flow visibility and working capital management.
• · Identification and implementation of cost optimization initiatives.
• · Timely closure of audit observations and compliance issues.
• · Improved finance process efficiency and team productivity.

7. Ideal Candidate Profile

The ideal candidate will be a qualified Chartered Accountant with strong technical expertise, sound commercial judgment, and the ability to balance operational finance responsibilities with strategic financial planning. The candidate should be proactive, analytical, compliance-focused, and capable of working independently while collaborating effectively with senior leadership and cross-functional teams.

Interested candidates may share their updated CV along with Current CTC, Expected CTC, and Notice Period at [HIDDEN TEXT].

Join Lovely Professional University (LPU), Punjab, and contribute to strengthening financial governance, operational excellence, and sustainable institutional growth.