Job title: Senior Executive – Financial Assistance

Department: Finance & Accounts

Work Location: Chennai

Reporting to: Senior Manager

Position: Full-time

Salary: As per Institution standard

Experience:

- 2–5 years of relevant experience in income tax, audit, financial statement analysis, financial due diligence, credit appraisal, loan underwriting, banking or assessment of individual/business financial capacity.
- Experience in a Chartered Accountant or tax consultancy firm will be preferred.

Educational Qualification:

- CA Inter / Semi-qualified Chartered Accountant.
- Qualified CAs may also be considered.
- Candidates with M. Com, B. Com or MBA (Finance) may be considered if they have demonstrated practical experience in income-tax analysis, financial statement review, financial due diligence, credit appraisal or assessment of financial capacity.

Soft Skills:

- Exceptional attention to detail and solid analytical ability.
- Sound professional judgement, problem-solving and decision-making skills.
- High standards of integrity and confidentiality.
- Strong questioning, interviewing and investigative skills.
- Ability to communicate with parents/guardians in a professional, respectful and empathetic manner.
- Ability to remain objective while dealing with emotionally sensitive cases.
- Strong written, verbal, presentation and stakeholder-management skills.
- Effective time management, critical thinking, collaboration and teamwork.

Technical Skills:

- Strong working knowledge of ITRs, tax computations, AIS, Form 26AS, Form 16 and salary-related documents.
- Ability to analyse individual, self-employed and business income.
- Ability to understand and analyse Balance Sheets, Profit & Loss Accounts, turnover, profitability, cash flows, assets and liabilities.
- Working knowledge of proprietorships, partnerships and common business structures.
- Understanding of presumptive taxation and its implications while assessing financial capacity.
- Ability to reconcile and cross-verify information across tax records, bank statements and financial statements.
- Ability to distinguish between taxable income, accounting profit and actual cash availability.
- Advanced Excel and strong data analysis skills; proficiency in MS Office and relevant reporting/data visualization tools

Roles & Responsibilities:

- Financial Assistance Assessment and Case Evaluation

- Review Financial Assistance applications and supporting documents to assess the financial background and paying capacity of the applicant's family.
- Conduct detailed and professional interactions with parents/guardians to understand the family's financial circumstances and obtain clarification, wherever required.
- Examine and analyse ITRs, tax computations, AIS, Form 26AS, Form 16, salary records, bank statements, Balance Sheets,



Profit & Loss Accounts, capital accounts and other relevant financial records.
- Assess cases relating to salaried individuals, self-employed professionals, proprietorships, partnership firms, businesses and other sources of family income.
- Analyse cases involving presumptive taxation and understand the limitations of relying solely on reported taxable income for assessing actual financial capacity.
- Cross-verify information across documents to identify inconsistencies, gaps or areas requiring further clarification.
- Evaluate actual ability to pay considering income, business performance, assets, liabilities, financial obligations and other relevant factors.
- Prepare a well-reasoned initial assessment and recommendation for the Financial Assistance Committee.

2. Financial Analysis and Due Diligence
- Perform detailed financial analysis of complex and high-value financial assistance cases.
- Analyse the relationship between declared income, turnover, profitability, cash flows, assets, liabilities and the family's overall financial position.
- Review business financial statements to understand the underlying financial capacity of business-owning parents/guardians.
- Distinguish between accounting profit, taxable income and actual cash availability.
- Analyse capital withdrawals, loans, debt servicing obligations and working capital requirements.
- Maintain appropriate documentation supporting the assessment and recommendation made in each case.

3. Financial Assistance Process Management
- Review applications and supporting documents within defined timelines.
- Conduct interviews with applicants and parents/guardians in a professional and sensitive manner.
- Compile findings and present initial recommendations to the Financial Assistance Committee.
- Manage cases with conditional offers, additional assistance requests and requests from previous batches.
- Ensure accurate data capture in round-wise sheets, schedule meetings and support case allocation.
- Communicate final financial assistance decisions through the designated process after necessary approvals and fee enablement.
- Maintain complete and confidential records of applications, financial documents, assessments and decisions.

4. Scholarships
- Work closely with the Scholarship Committee to review, recommend and process applications for Merit and Merit-cum-Means Scholarships.




- Assess the financial eligibility of applicants under need-based or merit-cum-means scholarship categories.
- Review supporting financial documents and ensure that recommendations are supported by appropriate analysis.
- Maintain accurate scholarship-related data and documentation.

5. Analysis, Modelling and Reporting
- Conduct comparative analysis of current and previous year Financial Assistance data.
- Analyse trends relating to applications, approvals, average assistance, family income profiles and budget utilization.
- Prepare timely reports, dashboards and forecasts to support alignment with approved budgets.
- Develop and improve financial assessment models and frameworks.
- Develop objective methods and tools for evaluating financial need while recognizing the need for professional judgement in individual cases.

6. Providing Professional Service to the Organization
- Participate actively in team meetings, contribute to problem-solving and process improvement.
- Build and sustain strong working relationships with key stakeholders.
- Communicate information, share knowledge and provide insights to the team.
- Ensure reports and presentations are accurate, relevant and easy to understand.
- Maintain the highest standards of confidentiality, integrity and professional conduct.

7. Better Appreciation of Financial Assistance Processes and Decision Making
- Develop a comprehensive understanding of financial assistance principles and financial concepts relevant to determining aid.
- Combine technical financial analysis with professional judgement and sensitivity while dealing with students and parents.
- Ensure that financial assessments are fair, objective, evidence-based and based on a holistic review rather than reliance on a single document or reported taxable income.
- Continuously improve methods and tools used to assess financial need and paying capacity.

The roles and responsibilities outlined above are not meant to be an exhaustive list of tasks.

The need for flexibility is required, and the job holder is expected to carry out any other related duties that are within the employee’s skills and abilities whenever reasonably instructed.

Application Process:

Interested candidates please mail your CV to [email protected] The subject line for the email should be Candidate Name _Application for Senior Executive – Financial Assistance

Please fill the application form attached herewith (mandatory) – Click here for the application.

Krea University is an equal opportunity employer and encourages applications from individuals of all backgrounds. Remuneration will be competitive with Indian nonprofit pay scales and will depend upon the candidate’s experience levels and the overall organization’s salary structure.

Note: Only Shortlisted candidates will be contacted.

📌 Senior Executive-Financial Assistance (Chennai)
🏢 Krea University
📍 Chennai