Job Description – Chief Financial Officer (CFO)/Assistant Director-Commercial
Qualification: B.Com /M.Com /Chartered Accountant (CA) with sound knowledge of legal, taxation and statutory compliance matters. Additional qualification in Law (LL.B.) preferred.
Experience: Minimum 15 years of relevant experience in finance, accounts, taxation, audit and statutory compliance, preferably in research associations, autonomous institutions or government-funded organizations.
Key Responsibilities :
1. Financial Management & Administration
- Oversee financial planning, budgeting, accounting, cash flow and fund management.
- Ensure effective financial administration and long-term financial sustainability of the Association.
- Monitor revenue, expenditure, investments and financial performance.
2. Accounts, Audit & Taxation
- Supervise preparation of annual accounts, financial statements and statutory reports.
- Ensure compliance with GST, Income Tax, TDS and other applicable taxation requirements.
- Coordinate statutory, internal and government audits and ensure resolution of audit observations.
3. Legal & Statutory Compliance
- Oversee legal and regulatory compliance applicable to the Association.
- Review contracts, MoUs, agreements, tenders and other legal documents.
- Coordinate with legal advisors on litigation, arbitration, contractual disputes and legal matters.
- Ensure compliance with applicable labour laws, registration requirements and institutional regulations.
4. Research Project & Government Grant Management
- Manage financial aspects of government-sponsored and industry-funded R&D projects.
- Monitor project budgets, fund utilization, financial reporting and expenditure.
- Ensure timely submission of Utilization Certificates (UCs), Statements of Expenditure (SoEs) and financial reports to funding agencies.
- Ensure compliance with government grant conditions, procurement guidelines and financial regulations.
5. Governance, Risk Management & Institutional Development
- Strengthen internal financial controls, transparency and accountability.
- Identify and mitigate financial, legal, contractual and compliance risks.
- Provide financial and legal advisory support to the Director and Governing Council.
- Support financial planning for research infrastructure, capital investments and institutional development.
Essential Competencies
- Strong expertise in financial management, accounting, taxation and auditing.
- Sound knowledge of corporate and institutional laws, contracts and statutory compliance.
- Experience in government grants, R&D project finance and institutional financial administration.
- Strong leadership, analytical, negotiation and decision-making abilities.
Reporting Authority: Director
Pay: ₹1,200,000.00 - ₹1,500,000.00 per month
Benefits:
Work Location: In person