Financial Controller

Company Description

The Scindia School, founded by Maharaja Madhav Rao Jayaji Rao Scindia in 1897, is a prestigious boys boarding school in Gwalior with a legacy spanning over 122 years. It has been ranked as Indias No. 1 Boys Boarding School in the EducationWorld India School Rankings (EWISR) 2019-20. The school combines modern educational methods with a historic backdrop, offering state-of-the-art facilities including a well-equipped library, health center, computer network, and extensive sports facilities. The school provides a nurturing environment with 12 residential houses ensuring pastoral care.

Job Title: FINANCIAL CONTROLLER

Reporting: Bursar Principal

Qualifications: Chartered Accountant

Experience : 4 to 6 years as CA; total ten years.

Remuneration: Best in the Industry for a suitable candidate.

Essential

• Communication;
• Analytical & Critical Thinking;
• Justifications & Problem Solving;
• Take Initiatives;
• Risk Management;
• Good Interpersonal skills;
• Team Player;
• Adaptability;
• Planning & Organising skills;
• Mentoring the Team;

Key Purpose

The key purpose of a Financial Controller in a school is to provide strategic financial leadership and oversight, ensuring the effective management of financial resources and enabling the school to achieve its mission and objectives. This role involves developing and implementing financial plans, managing budgets, and providing financial analysis and insights to supporting formed decision-making. By maintaining financial stability, transparency, and accountability, the Financial Controller plays a critical role in ensuring the long-term sustainabilityoftheschool.

Job Profile

The Financial Controller is expected to manage the financial operations of the school, including account payable and receivables, payroll and budgets. They also ensure that the schools financial records are accurate and up to date.

• 1.Financial reporting: Prepare and analyze financial reports, including balance sheets, statements of financial activity, and budgets
• 2.Financial transactions: Manage day-to-day financial transactions, such as accounts payable, accounts receivable, and payroll
• 3.Financial records: Maintain accurate financial records and ensure data integrity
• 4.MIS: Prepare monthly, quarterly, and annual financial statements and reports.
• 5.Budgeting: Collaborate with school management to create and manage budgets.
• 6.Financial Compliances: Ensure compliance with relevant financial regulations and reporting requirements.
• 7.Confidentiality: Maintain confidentiality and security of financial and administrative data
• 8.Financial analysis: Monitor and analyze financial performance, providing insights and recommendations
• 9.Financial communication: Communicate with parents, students, staff, and guests about financial matters
• 10.Financial audits: Prepare the schools accounts for audit.
• 11.Financial relationships: Manage relationships with third parties, such as banks, auditors, and HMRC.
• 12.Taxation
• 13.FCRA: Knowledge and experience of implementingThe Foreign Contribution (Regulation) Act, 2010 (FCRA)
• 14.Legal Matters: The incumbent will also be required to handle the legal matters of the institution in consultation with School Lawyers.