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Job Title


Deputy Finance Officer


Company : Rashtreeya Sikshana Samithi Trust


Location : Mysore, Karnataka


Created : 2025-12-15


Job Type : Full Time


Job Description

For the past 80+ years, RV Educational Institutions has been committed to imparting quality education to one and all.Our journey started under the exceptional leadership of our founder, Sri M. C. Sivananda Sarma. A freedom fighter, educator, and administrator, Sri Sarma was inspired by Gandhian principles to lay the foundations of our group and help fellow Indians realize their true potential.Today, our institutions — from kindergarten to centers for higher studies — enable people from all sections of society to access affordable and world-class education.Position : Deputy Finance OfficerQualification & Experience : CMA (Final) / CA (Intermediate) with 10+ years of industry experience.Job role:1. Financial Planning & Strategy- Prepare annual budgets, departmental/School budgets, and rolling forecasts. - Monitor budgetary control and report on variances (actual vs. budget). - Advise management on financial planning, fee structure, and capital projects. - Develop financial policies aligned with State regulations.2. Income Management- Oversee student fee collections, concessions, and refunds. - Ensure timely accounting of hostel, transport, and auxiliary revenues. - Monitor outstanding dues and coordinate recovery with student services. - Supervise accounting of scholarships, grants, donations, and sponsorships.3. Expenditure Control- Authorize and monitor payroll, procurement, and operational expenses. - Ensure 3-way matching (PO, invoice, goods receipt) for vendor payments. - Manage vendor advances and settlements. - Implement internal cost control measures without compromising academic quality.4. Treasury & Cash Flow- Manage banking operations, fund transfers, and reconciliations. - Monitor working capital, fee inflows, and expenditure outflows. - Ensure adequate liquidity for payroll, statutory dues, and capital projects. - Optimize short-term investments of surplus funds.5. Statutory Compliance- Ensure timely filing of GST, TDS, PF, ESI, Professional Tax, and Income Tax returns. - Comply with UGC/AICTE/State Education Department financial guidelines. - Ensure audit compliance (internal, statutory, government audits). - Maintain proper documentation for regulatory inspections.6. Financial Reporting & MIS- Prepare monthly, quarterly, and annual financial statements. - Submit MIS reports to the Board/Trust on fees, costs, and fund utilization. - Maintain department-wise income & expenditure statements. - Generate reports for statutory bodies, funding agencies, and accreditation (NAAC, NBA,NIRF).7. Internal Control & Audit- Develop internal controls for fee collection, payments, and assets. - Coordinate with internal and statutory auditors. - Implement audit recommendations with timelines. - Prevent fraud and misuse of university funds.8. Asset & Project Management- Maintain fixed asset register (labs, buildings, hostels, IT equipment). - Ensure correct capitalization, depreciation, and insurance of assets. - Monitor financial aspects of new infrastructure projects (hostels, research labs, classrooms).9. Team Leadership- Supervise accounts staff, admission fee staff, and finance executives. - Build capability in SAP accounting system usage. - Allocate responsibilities for fee collection, vendor management, payroll. - Train staff on compliance, accounting standards, and reporting requirements.10. Governance & Liaison- Act as financial advisor to the Registrar, Vice-Chancellor, and Board of Governors. - Liaise with banks, auditors, tax consultants, government bodies. - Present financial performance in academic council/board meetings. - Support long-term planning for sustainability and growth of the university.-Compensation will be commensurate as per norms.-Candidate having experience in finance background from education sector will be an added advantage.Interested candidates meeting the criteria may apply and shortlisted candidates will be contacted shortly for interview.