About the University:
Universal Ai University (UAi), Karjat-Mumbai, is India’s first AI University and promoted by India’s first Green B-School is a residential campus. Led by a Global CEO and India's first American Vice Chancellor with MIT (USA) pedigree and backed by endorsements from 60 Global CEOs.
About the Job:
The Dy. Chief Financial Officer (CFO) is a key member of the executive leadership team at UAi, responsible for overseeing all financial aspects of the institution. The Dy. CFO will provide strategic financial leadership, ensure sound fiscal management, ensure compliance and support the university’s mission of academic excellence and innovation in artificial intelligence education.
Key Responsibilities:
Strategic Leadership
- Develop and implement financial strategies aligned with the university’s vision.
- Advise the Chancellor, Vice Chancellor, Governing Council and executive team on financial planning, risk management, and investment opportunities.
- Lead the annual budgeting & forecasting processes, in alignment with institutional priorities.
Financial Management
- Oversee all accounting, budgeting, auditing, and financial reporting activities.
- Ensure compliance with regulatory requirements, accreditation standards, & university policies.
- Manage cash flow, investments, endowments, and debt financing.
- Monitor financial performance and recommend corrective actions as needed.
Operational Oversight
- Supervise finance, accounting, procurement, and related administrative staff.
- Implement and maintain robust internal controls to safeguard university assets.
- Oversee the preparation of financial statements, reports, and analyses for internal and external stakeholders.
Stakeholder Engagement
- Serve as the primary liaison with auditors, banks, investment managers, and regulatory agencies.
- Present financial updates and reports to the Governing Council and university leadership.
- Support fundraising, grant management, and resource development activities.
Innovation & Technology
- Drive the adoption of financial technologies and data analytics to improve efficiency and decision-making.
- Collaborate with academic and administrative leaders to optimize resource allocation for AI-driven initiatives.
Qualifications
- CA with an MBA in Finance (Preferred)
- Minimum of 10 years of progressive financial leadership experience, ideally in higher education or a related sector.
- Demonstrated expertise in strategic planning, budgeting, and financial analysis.
- Strong knowledge of regulatory requirements and best practices in university finance.
- Excellent leadership, communication, and interpersonal skills.
- Experience with technology and/or AI-related initiatives is highly desirable.
Reporting Structure
- Reports to: Chancellor, Universal Ai University
- Direct Reports: Finance & Accounting related staff
