Finance Head

DIT University (formerly Dehradun Institute of Technology), established in 1998 and granted university status in 2013, is a private NAACAccredited GradeA institution located in the scenic Doon Valley, in the foothills of Mussoorie reddit.com+15dituniversity.edu.in+15collegeuniverse.in+15en.wikipedia.org+1reviewadda.com+1.

It spans ~23acres and hosts over 6,500 students across 100+ programs in Engineering, Pharmacy, Architecture, Management, Design, Arts & Sciences sarvgyan.com. With a strong emphasis on research, industry partnerships, and holistic education, DITU is a prominent educational institute in North India .

Position: Head–Finance

Location: Dehradun, Uttarakhand

Role Summary: Lead and manage all financial operations of the universityoverseeing budgeting, accounting, compliance, financial controls, reporting, funding, and auditensuring accuracy, transparency, and alignment with strategic goals.

Key Responsibilities

1. Financial Planning & Budgeting

Lead the annual budgeting process; collaborate with academic and administrative departments on financial forecasts.

Monitor budgets monthly; advise stakeholders proactively on deviations.

2. Accounting & Reporting

Oversee accounts payable/receivable, cash management, payroll.

Ensure timely delivery of monthly & annual financial statements per Indian GAAP/IFRS.

Coordinate annual statutory and internal audits; address audit observations.

3. Compliance & Governance

Ensure statutory compliance (IncomeTax, GST, UGC, AICTE, PCI, COA, state regulations).

Maintain strong financial governance via policies, approvals, and internal controls.

4. Treasury & Fund Management

Manage cashflow forecasts; optimise banking relationships.

Oversee education loans, grants, donor funds, and project finances.

5. Strategic Financial Advisory

Advise senior leadership on investment strategies, fee structures, capital expenditures.

Support longterm financial strategy, fundraising, and new program financial models.

6. Team Leadership & Process Management

Lead Finance & Accounts teams; set objectives, coach, and build capacity.

Drive process improvements and automation via ERP (e.g., SAP, Tally, etc.).

Required Qualifications & Skills

CA preferably, or MBA (Finance) with a strong accounting background.

12+ years in finance/accounting roles; with 5 years in senior management in educational/nonprofit sectors.

Deep knowledge of Indian accounting standards, tax laws, educational regulatory requirements.

Experience managing audits, fund accounting, and financial systems implementation.

Strong analytical, leadership, communication, and IT skills.