IIM, Mumbai Required Manager (Finance & Accounts)

Post Date: 19/04/2024

Hiring Institute:  Indian Institute of Management, Mumbai 

Organization Profile: IIM Mumbai erstwhile known as NITIE was established by the Government of India in 1963 with the assistance of the United Nations Development Programme (UNDP) and the International Labor Organization (ILO). IIM Mumbai has been consistently ranked among the top B-schools in India. The institute is ranked 9th in the National Institutional Ranking Framework (NIRF) rankings for 2022 among Management Institutes across India. IIM Mumbai is committed to creating skilled professionals in diverse functional areas like Operations Management, Analytics, Finance, Marketing, Project Management, HR, Information Technology, and Sustainability Management.

Designation:  Manager (Finance & Accounts)

Qualification & Experience: Graduate with professional qualification of CA / CMA/ from the Institute of Chartered Accountants of India or the Institute of Cost and Management Accounts of India
OR
MBA (Finance) from a reputed Institution / University

Experience / Desirable: Post qualification relevant experience of 08 years in IIT’s/ IIM’s/ NIT’s/ CFTI’s

Pay level as per 7th CPC : Level – 11: Entry pay: Rs. 67,700

Job Profile:

•  Correspondence with the Income Tax Department regarding Exemption/ Returns.
•  Preparation and presentation of Annual Budget Estimates and Revised Estimates of the Institute to the Finance Committee and Board of Governors of the Institute.
•  Regulation of the individual claims as per Central Government rules and orders (FRSR etc.).
•  Payment of contractors / Service providers bills as per GFR 2017 and Central Government orders.
•  Reconciliation of Academic Fee, income from MDP programs maintaining payroll, issue of form – 16, TDS calculation for salary, and honorarium to faculty and staff: Maintenance of accounts of the Institute in the format prescribed by the Controller and Auditor General of India.
•  Reply to Audit queries and issue replies, securing audit reports each year from the Auditors and arranging submission of the same to the Ministry for placing it on the table of both houses of the Parliament.
•  Maintenance of NPS accounts of the employees: Regulation of Pension and Gratuity claims of the employees of the Institute as per Central Government rules.
•  Managing short-term and long-term investments of the Institute: Preparation of half-yearly accounts of the Institute: Ensuring timely conduct of internal audit and responding to audit queries.
•  Any other duty assigned by CAO/ Director.

How to Apply:

1. Candidates are required to apply online at the official website of IIM Mumbai, i.e., https://iimmumbai.ac.in/careers. The last date for submission of online applications is 04th May 2024 (05:00 PM).
2. Candidates are advised in their interest to submit online applications much before the closing date and not to wait till the last date to avoid the possibility of disconnection/ inability or failure to login to the IIM Mumbai website on account of heavy load on the website during the closing days. Late applications/ other modes of applications will not be entertained.
3. The Institute does not accept any responsibility for the candidates being unable to submit their applications within the last date on account of the reasons mentioned above or for any other reason beyond the Institute’s control.
4. After successfully submitting an online application, candidates must take a printout of the application form for submitting the same along with the requisite documents, duly self-attested, as and when called by the institute committee or at the time of the interview.
5. The Institute will verify the information furnished by the candidates in their applications with the original documents during the Document Verification. During the verification of documents, if it is found that any information provided by the candidate in the application is wrong, their candidature will be rejected instantly. The candidates should ensure they have furnished the correct information in the application form.

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