Indian Institute of Technology Indore Invites Application for Finance Manager Recruitment 2022

Indian Institute of Technology Indore Indore Last Date: 24th March, 2022

Vacancy Circular No:

Indian Institute of Technology Indore (IIT Indore)
invites applications for recruitment of Finance Manager

Finance Manager

Job Location:

M Block IETDAVV Campus
Khandwa Road
, Indore, 452017 Madhya Pradesh
Last Date: 24 March 2022
Employment Type: Full Time

Number of Vacancy: 1 Posts

IIT Indore Recruitment 2022
IIT Indore Recruitment 2022 Recruitment 2022 Details
Job Role Finance Manager
Education Requirement
Total Vacancy 1 Post
Job Locations Indore
Age Limit 40 years or less on the date of application.
Experience 5 - 8 years
Salary 600000 - 700000(Per Year)
Posted on 18 Mar, 2022
Last Date To Apply 24 Mar, 2022

Educational Qualification: M.Com

1. Position: Finance Manager

2. Role Description:

The Finance Manager would be expected to manage all finance matters like salary calculations, GST related compliances, budget preparation and monitoring, audit, taxation, UC/SE preparation,documentation forPMFS/DARPANportals,financialmatters relatedto(a) startup companies,(b) centers of excellence,(c)industrial research centers established intheTIH.

3. Key Responsibilities include, but are not limited to:

a. Providing useful financial insights to facilitate better decision making towards formulating and executing strategy. Providing guidance and analytical insights to the executive and operationalmanagement.

b. Maintaining a system of accounts and keeping books and records on all transactions and assets. 

c. Preparing and analyzing accurate monthly financial and management reports, including income statement,balance sheet,budget andvariance,projections and forecast, and cash flow

d. Maintaining control of the following areas: general ledger, accounts payable, expense reports, billing, andpayroll.

e. Coordinating with the external auditors on all types of audits (Statutory Audit, GST Audit, Transfer PricingAudit)

f. Supervising the accounting and assigning jobs relevant to accounts payable, accounts receivable.

4. Essential: A post-graduation degree in Commerce (withaminimumof60%marks) or Chartered Accountant Good oral and written communication skills in English are a must.

5. Desirable: Following additional qualification are desirable Prior experience of managing similar activities or projects Well versed with software MS office (word/power point/excel) General management skill

6. Experience:

Essential: At least 5 years of relevant experience as Deputy Manager/Accountant or higher positions with expertise in preparation of (i) SE/UC/SoE, (ii) salary and (iii) tax calculations. Knowledge of Government rules and regulations with respect to the above.

7. Desirable: Experience in CFTI/industry with knowledge of GFR and PFMS/DARPAN portal. Fully versed with the use of an appropriate accounting software.

8. Compensation: Upto Rs 6-7 lakhs annual CTC (based on experience and performance during the interview)

9. Transport allowance or provision of company transportation facility from selected locations in the Indore city may be provided

10. Advt. No. – IITI-DRISHTI-CPS/Sec – 8/2022/03

Pay Scale:
INR
600000 - 700000(Per Year)

Age Limit: 40 years or less on the date of application.

Selection Procedure

1. Only shortlisted candidates will be called for a written test /interview

2. Depending on the number of applications received, the minimum required qualifications may be modified. Mere fulfilment of the minimum eligibility criteria does not entitle an applicant to be shortlisted.

How to Apply:

1. Interested aspirants may send their details to “[email protected]” by March 24, 2022, mentioning the post applied for in subject.

2. Candidate is expected to join immediately.


Important Dates:

Published on: 19 March 2022

Last date for application is: 24 March 2022

For more details, please refer to official notification at

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About Indian Institute of Technology Indore

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About Indian Institute of Technology Indore

The Indian Institute of Technology Indore (IIT Indore or IITI), established by the Government of India in 2009, is a vital institute of national importance dedicated to advancing the country's vision in Science and Technology. As one of the eight new IITs initiated by the Ministry of Education, it plays a significant role in nurturing technical manpower for national development. For aspirants seeking prestigious government jobs and public sector careers, IIT Indore represents a prime destination for research and academic excellence.

Campus and Infrastructure

Initially operating from a temporary campus at the Institute of Engineering and Technology of Devi Ahilya University under the mentorship of IIT Bombay, the institute moved to its permanent campus in Simrol, located on Khandwa Road approximately 25 km from Indore. Spread over an expansive area of around 501.42 acres, this campus houses all major administrative and academic units, including the Administrative Offices, Material Management Section, and Finance and Account Section. It is also the hub for The School of Basic Sciences, The School of Humanities and Social Sciences, The School of Engineering, and comprehensive Basic Science and Engineering Labs. The Central Library and the Academic office, managed by the Dean of Academic Affairs and support staff, ensure smooth academic operations.

Career Opportunities at IIT Indore

For job seekers looking for the latest sarkari naukri in the education and research sector, keeping an eye on IIT Indore recruitment notifications is crucial. The institute frequently posts vacancies for faculty, administrative, and technical positions. These roles offer a chance to contribute to a premier institution dedicated to fostering innovation and higher education in India.


Official Address
Indian Institute of Technology Indore, M Block, IET-DAVV Campus, Khandwa Road, Indore 452017 India
Indore, Madhya Pradesh - 452017
Contact Information