Deputy Finance Officer

Arunodaya University is looking for Deputy Finance Officer to join our dynamic team and embark on a rewarding career journey

The Finance Officer is responsible for maintaining financial records, ensuring compliance with accounting and financial regulations, and assisting in the preparation of financial reports

This role plays a crucial part in the financial stability and decision making process of the organization

Key Responsibilities:Financial Record Keeping:Maintain accurate and up to date financial records, including general ledger, accounts payable, accounts receivable, and fixed asset records

Ensure all financial transactions are properly documented, coded, and recorded in accordance with organizational policies and accounting standards

Financial Reporting:Assist in the preparation of financial reports, including income statements, balance sheets, cash flow statements, and other financial statements

Generate financial reports for internal and external stakeholders

Budget Management:Assist in the development, monitoring, and management of the organization's budget

Provide support in budget preparation, variance analysis, and financial forecasting

Accounts Payable and Receivable:Manage accounts payable by processing invoices, ensuring timely payments, and maintaining vendor relationships

Monitor accounts receivable, follow up on outstanding invoices, and ensure timely collection of payments

Financial Compliance:Ensure compliance with relevant financial and accounting regulations, standards, and best practices

Assist in the preparation for financial audits and work with auditors to provide necessary documentation

Financial Analysis:Analyze financial data to identify trends, variances, and opportunities for improvement

Make recommendations to enhance financial performance and efficiency

Cash Management:Manage cash flow, including monitoring cash balances, initiating fund transfers, and optimizing cash resources

Taxation:Ensure accurate and timely preparation and submission of tax returns

Stay updated on changes in tax laws and regulations

Financial Software and Systems:Proficiently use accounting software and financial systems to streamline financial processes