The Role
Job Purpose
To manage the finance function of the India based education services division of Oxford International during a period of ambitious growth, taking full ownership of financial reporting, including preparation of monthly accounts (P& L, BS, CF and KPIs). The role would include the support of finance functions at group level. The role is also responsible for the preparation of detailed annual budgeting and regular reforecasting process working together with the Head of Finance and the management. Additionally, the role will identify opportunities to implement/simplify/improve workflow processes and act as a business partner to the division to provide commercial insights to drive growth and the business performance.
Main Duties and Responsibilities
- Manage processing of all transactions including purchase ledger (incl. Concur expenses system), sales ledger, cash and commission
- Ensure all invoices, recharges and payments are processed on timely and accurately basis
- Drive and coordinate the month end closing ensuring timely and accurate close and delivery of TB to the group finance team
- Take full responsibility for preparation, production and review of management accounts on a monthly basis including variance analysis (e.g. revenue, commissions etc) to budget/forecast
- Maintain strong financial control over the balance sheets and working capital including cash flow
- Preparation of monthly commentary/financial reports as required
- Review performance against KPIs(financial and operational) in conjunction with the Head of Finance.
- Lead the local year-end audit process including preparation of audit packs, statutory accounts and tax computations as applicable (note year end for consolidation purposes is end of August)
- Provide information required for the group audit process at the group statutory year end
- Preparing and filing local sales tax returns, GST, Income tax, Transfer pricing as applicable
- Ensure revenue recognition is accurately reported, including deferred and accrued income reconciliations
- Responsibility for credit control processes through reviewing debtor balances and working closely with the Head of Finance to facilitate cash collection and minimise bad debts
- Advise the business on financial issues
- Provide business partnering support as required to the Head of finance and management.
- Liaising with external accountants, service providers and other relevant third parties. The expectation is that the external accountant will deliver the statutory year end reports and assist with corporation tax affairs.
Team responsibilities
- Liaise and escalate issues as required with Finance Manager or other colleagues as applicable
- Comprehensive documentation of existing and new processes and controls
Other duties
- Assist the HR team with regard management of payroll as applicable
- Provide financial input to commercial proposals
- Identify opportunities to implement/simplify/improve processes
- Recommend and implement changes to existing and / or transition to new systems as required
- Assist with ad-hoc projects as required
Person Specifications
Qualifications
- Qualified Accountant (ACCA or CIMA) preferable but not essential
- Semi- Qualified CA with at least 7-10 years of experience
Experience and knowledge
- Strong management accounting, forecasting and statutory accounting experience
- Experience of maintaining financial models using Microsoft Excel (Pivot Tables, Lookups, SUMIFs and Macros if possible) and known with Microsoft Office
- Experience of preparing for external audit
- Experience of a variety of accounting systems (we currently use Tally, soon implementing SAGE)
- Experience of education sector
- Experience of managing a team
Skills and abilities
- Strong Excel and analytical skills
- Excellent technical accounting skills
- Excellent written and verbal communication skills
- Excellent interpersonal skills with the ability to engage with a diverse range of stakeholders
- Excellent time and project management skills with the ability to juggle a range of competing demands
Personal qualities
- Highly organized and focused
- Committed to producing the work of the highest standard and to deadlines
- Leads by example, demonstrating professionalism, integrity, commitment
- Adopts a collaborative approach
- Responds positively to new challenges, seeking solutions
- Ability to work independently under own initiative but also as part of a team
Disclaimer
This job description is provided as a guide to the role. It is not intended to be an exhaustive description of duties and responsibilities and may be subject to periodic revision.
Oxford International is committed to safeguarding and promoting the welfare of children. Recruitment checks, including checks with past employees, are undertaken in accordance with our Recruitment and Selection policy.
Oxford International is an equal opportunity employer. Every applicant and employee has the same opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status.
We reserve the right to close this vacancy earlier than the advertised closing date should we receive a high volume of suitable applications. We therefore encourage interested candidates to apply as early as possible.
We reserve the right to close this vacancy earlier than the advertised closing date should we receive a high volume of suitable applications. We therefore encourage interested candidates to apply as early as possible.
About
Oxford International Education Group is a renowned institution dedicated to providing exceptional educational experiences to international students. With a global presence and a commitment to academic excellence, we strive to empower students to achieve their full potential and thrive in a dynamic, interconnected world. We are proud of our culture and have recently been officially certified as a Great Place to Work ©!
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The Company
What We Do
Oxford International Education Group is a global education platform founded in 1991. It provides academic pathway programs, English language training, and higher education services. The company operates independent boarding schools and international colleges, helping students from over 100 countries access education opportunities through partnerships with universities and institutions worldwide. They focus on delivering quality educational experiences and supporting student progression into higher education and careers.
