The Financial Analyst is responsible for analyzing the academy's financial performance, preparing budgets, forecasting revenue and expenses, and providing financial insights to support strategic decision-making. The role ensures efficient financial planning, cost control, and compliance with financial regulations while contributing to the academy's long-term financial sustainability.
Key Responsibilities
- Prepare and monitor annual budgets, forecasts, and financial plans.
- Analyze revenue streams, including tuition fees, grants, donations, and other income sources.
- Track operational expenses and identify opportunities for cost savings.
- Prepare monthly, quarterly, and annual financial reports for management.
- Conduct variance analysis by comparing actual financial performance with budgets and forecasts.
- Develop financial models to support strategic planning and decision-making.
- Monitor cash flow and provide recommendations to maintain financial stability.
- Assist in preparing financial statements and audit documentation.
- Ensure compliance with accounting standards, tax regulations, and institutional financial policies.
- Analyze enrollment trends and their financial impact on the academy.
- Support pricing analysis for tuition fees, training programs, and other educational services.
- Evaluate the financial feasibility of new academic programs and capital projects.
- Collaborate with department heads to develop departmental budgets and monitor expenditures.
- Prepare management presentations and dashboards highlighting key financial metrics.
- Recommend process improvements to enhance financial efficiency and reporting accuracy.
Qualifications
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Professional certifications such as CPA, CMA, ACCA, CFA, or equivalent are preferred.
- 2–5 years of experience in financial analysis, budgeting, or accounting (experience in the education sector is an advantage).
Required Skills
- Strong financial analysis and forecasting skills.
- Advanced proficiency in Microsoft Excel and financial modeling.
- Experience with accounting and ERP software.
- Knowledge of budgeting, financial reporting, and variance analysis.
- Strong analytical and problem-solving abilities.
- Excellent communication and presentation skills.
- Attention to detail and high level of accuracy.
- Ability to manage multiple priorities and meet deadlines.
- Knowledge of financial regulations and accounting principles.
Pay: ₹20,000.00 - ₹30,000.00 per month
Benefits:
- Cell phone reimbursement
- Health insurance
- Paid time off
- Provident Fund
Work Location: In person
