Job Summary

A well knows organization functioning in the education sector is looking for a Head of Finance for its Karachi office. The Head of Finance will be responsible for all matters pertaining to financial management, preparation of statements & reports, budget preparation, management and control, accounting, accounts receivable, accounts payable, fee collections, financial information system, fiscal planning, investment portfolio, and payroll disbursement.

  • Participates in overall decision making as a member of senior management team of the organization. Key duties and responsibilities are as under;
  • Prepare and interpret financial statements, reports and budget in a timely manner to assist the leadership in decision making.
  • Presenting financial reviews through financial statements to the office bearers as and when require
  • Assigns and delegates task to the finance team.
  • Evaluates the performance of finance team with a view towards development and an emphasis on those individuals qualifying for future advancement.
  • Implements and complies with orders and regulations issued by government agencies.
  • Review and approves all disbursement vouchers submitted to signatories for payment.
  • Ensure all banks are reconciled on monthly basis and have good working relationship with banks
  • Examine and review and disburse staff payroll on time.
  • Ensuring the effective financial controls across the organization.
  • Providing meaningful analysis while setting/increasing fee structure.
  • Advise board for channelizing the investments of surplus funds to get the maximum returns.
  • Ensuring tight controls for the timely fee collection
  • Making recommendations to ensure future growth during financial reviews
  • Making financial feasibilities of any new projects/expansion and participating in business strategy
  • Ensuring tight internal controls through development of clear financial policies manual, rules, Sops, authority matrix and making periodic changes as per requirement
  • Liaison with IT Head in development of customized software (Financial and Inventory module), its successful implementation and also any additional module as and when needed
  • Prepare financial budget and ensure budget vs actual spend reports on monthly basis along with variance analysis
  • Responsible for supervising all tax related matters, liaison with the tax advisor/auditor to ensure withholding tax statements and annual tax return of the organization are prepared and submitted in a timely manner
  • Liaison with auditors and conduct audit of the organization.
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements;
  • Oversees receipts, disbursements, and recording of accounts
  • Assist in pricing of books/notebooks and resource packs.
  • Allocate resources and manage cash flows
  • Develop secure procedures to maintain confidential information
  • Ensure all accounting activities and internal audits comply with financial regulations
  • Act as a strategic financial adviser to the Leadership, providing sound advice, guidance and information on organizational performance, risks and opportunities
  • Any other Tasks assign by the supervisor

Required Skills
  • Master's degree in Finance/accounting, ICMA / ACCA/CA or a related field with at least 8 years of experience, directly related to the duties and responsibilities specified above, preferably in any academic institution(s), with at least 03 years at a senior level.
  • S/he should be strategic thinker with Strong analytical skills, detail-oriented and exceptional organizational and multitasking abilities.
  • Ability to communicate effectively (both orally and in writing) with school personnel, senior leadership, parents, government agencies and other stakeholders.
  • Exceptional aptitude in financial activities management is required
  • Hands-on experience with budgeting and risk management
  • Excellent knowledge of data analysis, forecasting models and financial reporting
  • Proficient in the use of MS Office and financial management software
  • Leadership abilities



  • Published:
    16 Dec 2021
  • Industry:Education/Training
  • Job Function:Accounts, Finance & Financial Services
  • Qualification:Masters
  • Experience:8 Year
  • Type:Full Time
  • Shift:Morning
  • Positions:1