Chartered Accountant

Parul University invites fresh & dynamic Chartered Accountants (04 year's exp, local candidates preferred) for exclusively Vadodara Campus. Join our high-growth team, work with the entire Parul University Group, lead system implementation, ensure audit & compliance, and shape the future of education!

Job Purpose

Plan, direct and monitor all the Financial and Commercial systems and processes in order to ensure proper Accounting, Fund management, Risk Management, Corporate Governance, Material management with various cost optimization initiatives.

Key Result Areas and supporting action

1 Accounting & MIS: Develop & organize systems for regular and timely accounting of all Business transactions with adequate control as per statutory requirements and in line with Parul guidelines

• Ensure proper delegation of assignments in the function
• Review monthly projections to plan monthly operation of institutes
• Highlight the exceptions to the Finance head and relevant department head
• Highlight and recommend opportunities for cost savings

2 Monitor Capital Expenditure and Operational Budget: To evaluate Capital Expenditure proposals so as to ensure effective utilization of resources

• Submit the same with recommendations to the Institute Head
• Monitor implementation schedules to ensure timely completion of schemes
• Review spent status of all schemes to ensure timely availability of materials and control on spent

3 Working Capital Management: To optimize Working Capital for the Institute so as to ensure optimum fund availability

• Review slow moving and non-moving items
• Regularly monitor and minimize blockage of funds
• Monitor inventory aging of stores items to ensure availability as well as inventory optimization
• Co-ordinate with Central Finance Division (CFD) for fund requirements.

4 Sourcing: Supervise procurement activities for cost saving opportunities as well as procedural compliance.

• Ensure high value procurement negotiations are being done with base costing
• Evaluate opportunity for cost reduction due to efficiency improvement in services
• Negotiate for purchase of high value items and get involved in vendor selection

5 Information Technology & Security: Plan automation of various processes and systems so as to ensure uninterrupted business transactions and optimum utilization of various resources Monitor implementation of various initiatives on information security

• Plan and monitor automation of various activities to optimize resources
• Strengthen internal system controls and its deployment
• Plan and ensure development of new reports so as to reduce repeated efforts and manual interventions.

6 Statutory Compliance & Liaison : Ensure compliance of all statutory provisions and liaison with all regulatory authorities. Guide preparation of legal compliance manual

• Review on a monthly basis compliance of all applicable rules and provisions.
• Support annual statutory audits, quarterly internal audits, filing relating to FRC, NAAC and other regulatory requirements

For Application - [Confidential Information]