JOB DESCRIPTION
Position: Chartered Accountant (CA) Department: Finance & Accounts

Location:
Chennai, Tamil Nadu Organization: Rajalakshmi Institute of Technology (RIT) Employment Type: Full-Time Reporting To: Director / Management Candidate Preferred

Location:
Tamilnadu. About Rajalakshmi Institute of Technology Rajalakshmi Institute of Technology (RIT) is a premier engineering institution committed to academic excellence, innovation, research, and holistic student development. We are seeking a dynamic and experienced Chartered Accountant to lead our finance and accounts functions, ensuring financial integrity, statutory compliance, and strategic financial planning. Preferred Experience
• ·Candidates with prior experience in educational institutions only are eligible to apply.
• Candidates whose experience is exclusively from non-educational institutions are requested NOT TO APPLY.
• Must have hands-on experience in handling Educational Trust Accounts, including day-to-day accounting and financial operations.
• Should have experience in financial compliance and reporting related to NAAC, NBA, AICTE, and/or Autonomous Educational Institutions.
• Experience in research grant accounting, sponsored projects, project accounting, and educational trust accounting will be preferred.
• Should have sound knowledge of PF, ESI, Labour Welfare Fund, payroll processing, statutory deductions, and related labour-law compliance.
• Exposure to audit coordination, statutory compliance, budgeting, financial reporting, and institutional financial controls will be an added advantage.
• Candidates with experience in Hospitals, Medical College, Engineering Colleges, Universities, Deemed Universities, Autonomous Institutions, or Educational Trusts will be strongly preferred.

Key Responsibilities
Financial Management
· Oversee the Institute's finance and accounting operations.
· Prepare monthly, quarterly,



and annual financial statements.
· Develop and monitor annual budgets and departmental expenditure.
· Conduct financial analysis and present MIS reports to Management.
· Ensure efficient cash flow management and fund utilization. Accounting & Reporting
· Maintain accurate books of accounts in accordance with applicable Accounting Standards.
· Finalize Balance Sheet, Income & Expenditure Account, Receipts & Payments Account, and Cash Flow Statements.
· Ensure timely financial closure and reporting. Educational institutions often expect the finance lead to oversee financial reporting, controls, and process improvements. Taxation & Statutory Compliance
· Handle GST, TDS, Income Tax, Professional Tax, and other statutory compliances.
· Ensure timely filing of statutory returns.
· Coordinate with tax consultants and government authorities.
· Manage compliance with applicable regulations governing educational institutions. Chartered Accountants in similar institutional roles typically oversee direct and indirect tax compliance, filings, and statutory liaison. Audit & Internal Controls
· Coordinate statutory, internal, and tax audits.
· Implement solid financial controls and risk management practices.
· Ensure compliance with internal financial policies.
· Address audit observations and implement corrective actions. Grants & Regulatory Compliance
· Monitor utilization of grants received from AICTE, UGC, MSME, CSR agencies, and other funding organizations.
· Prepare utilization certificates and financial reports for funding agencies.




· Ensure compliance with funding guidelines. Payroll & Vendor Management
· Supervise payroll processing and statutory deductions.
· Monitor vendor payments and reconciliations.
· Ensure timely payment of salaries, statutory dues, and vendor invoices. Strategic Finance
· Provide financial insights for institutional planning and expansion.
· Recommend cost optimization initiatives.
· Support Management in financial decision-making and policy formulation. Qualifications
· Chartered Accountant (CA) qualified from the Institute of Chartered Accountants of India (ICAI).
· Bachelor's Degree in Commerce (B.
Com). MBA (Finance) is desirable.
· Minimum 7–10+ years of post-qualification experience.
· Experience in educational institutions, universities, or large non-profit organizations will be preferred.
· Experience with ERP/Tally Prime/SAP or equivalent accounting software. Required Skills
· Strong knowledge of Accounting Standards, GST, Income Tax, and TDS.
· Expertise in financial planning, budgeting, and forecasting.
· Experience in statutory, internal, and tax audits.
· Excellent analytical and problem-solving abilities.
· Strong leadership and team management skills.
· Advanced proficiency in Microsoft Excel and financial reporting tools.
· Excellent communication and stakeholder management skills.
· High standards of integrity, confidentiality, and ethical conduct. Key Competencies
· Financial Planning & Analysis
· Statutory Compliance
· Internal Controls
· Risk Management
· Audit Coordination
· Budget Management
· Leadership & Team Development
· Strategic Decision Support Compensation
· Salary will be commensurate with qualifications, experience, and institutional norms. Apply to: Interested candidates send your resume to: [email protected]

📌 Chartered Accountant (Chennai)
🏢 Rajalakshmi Institute of Technology
📍 Chennai