Indian Institute of Management (IIM) Amritsar is the 15th IIM set up by the Ministry of Education with the support of the Government of Punjab. The permanent campus is under construction on a 61-acre land and should be ready to house the incoming batch of 2025. The Institute's temporary campus is well-equipped with learning and technological resources conducive to teaching, learning, and research. With a diversity of students and faculty from all over India, the Institute reflects a truly national character commensurate with its status as an institute of national importance.
VACANCY DETAILS :-
1. POST NAME - Senior Associate Finance & Accounts
QUALIFICATION - M.Com/MBA
EXPERIENCE - 2 Years
PAY SCALE - Level 05 (Rs. 29,200- 92,300)
LOCATION - Amritsar
JOB DESCRIPTION :-
a) Processing of bills/invoices related to academic activities and entry in tally/ERP.
b) Fee reconciliation with no. of students and for each term and student’s wise ledger entry of the same in Tally.
c) Review of Trail Balance, Receivables, Payables etc.
d) Knowledge of TDS, GST, NPS, Income Tax, Professional Tax etc
e) Monitor cash flow and ensure adequate funding for all operations;
f) Establish accounting and internal control procedures and policies;
g) Assist in coordinating with Auditors-Internal, Statutory and C&AG
h) Bank reconciliation for all the banks of the institute on a periodical basis.
i) Attend meetings and provide reports from accounting;
j) Maintain accurate financial records for all projects, including invoices, purchase
orders, purchase order adjustments, and budgets;
k) Prepare and calculate invoices and billings and monitor payments;
l) Monitor payroll;
m) Perform general ledger, income statement, and balance sheet reconciliations.
n) Prepare and analyse financial reports based on projects and financials.
o) Assist with audit and annual financial audits.
p) Any other work/task may be assigned by the competent authority or the designated functionary to whom the Director may delegate such authority.
LINK FOR OFFICIAL NOTIFICATION - CLICK HERE
2. POST NAME - Manager Finance & Accounts
QUALIFICATION - B.Com With CA Inter/CMA Inter/CA/CMA/MBA
EXPERIENCE - 3 Years For CA/CMA & 6 Years For CA Inter/CMA Inter & 8 Years For MBA
PAY SCALE - Level 09 (53,100 - 1,67,800)
LOCATION - Amritsar
JOB DESCRIPTION :-
a) Knowledge of GFR rules and government rules and regulations.
b) Review of Trail Balance, Receivables, Payables etc.
c) Preparation of BRS & MIS.
d) Processing of bills as per rules and regulations of the institute.
e) Compliance with Tax laws like NPS, GST, Income Tax, Prof. Tax, etc.
f) Processing payroll & disbursement of salary & other payments.
g) Work closely with the Dean Administration & Senior Manager – Finance & Accounts etc.
h) Preparing and presenting Annual Revised Estimates, Budget Estimates, Estimates, and Accounts of the Institute to the Finance Committee and BoG.
i) Preparation of Annual Financial Statements as per the accounting standards applicable to the Institute. Presenting the same to Financial Committee and BoG.
j) Knowledge of purchase procedures and tender evaluation.
k) Processing and Permitting payments to contractors/vendors following the provisions of the GFR and other rules/ instructions of the Institute.
l) Attending to statutory, internal, and CAG audits and responding to their queries
m) Regularly monitor, review and adopt internal controls to strengthen systems and processes.
n) Maintenance of the accounts of the Institute and any other work associated with the finance and accounts of the Institute.
o) Working Capital Management, Fund Management-Cash flow analysis & investment decisions.
p) Any other work/task may be assigned by the competent authority or the designated functionary to whom the Director may delegate such authority.
LINK FOR OFFICIAL NOTIFICATION - CLICK HERE
SELECTION PROCESS :-
Written Test and Interview.
APPLICATION FEE - 500/-
IMPORTANT DATES :-
The candidates are required to apply ONLINE only from 21st September 2024 to 11th October 2024 up to 11.59 PM.
LINK FOR ONLINE APPLICATION - CLICK HERE
LINK FOR OFFICIAL WEBSITE - CLICK HERE
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