Finance Executive

The Role

The Executive – Finance will support the day-to-day financial and accounting operations of IIT Mandi iHub and HCi Foundation. The role involves processing financial transactions, maintaining records, supporting budgeting and reporting, coordinating with internal teams and vendors, and ensuring compliance with organizational policies and applicable financial procedures.

Responsibilities:

• Process and maintain records of invoices, bills, payments, reimbursements, and other financial transactions.
• Preparing payment requests and supporting documentation.
• Maintain accurate records of accounts payable and receivable.
• Support bank reconciliation and verification of financial transactions.
• Assist in the preparation of monthly financial reports, statements, and MIS.
• Support budget preparation, expense tracking, and financial monitoring.
• Maintain proper documentation and filing of financial and accounting records.
• Coordinate with vendors, employees, banks, auditors, and other stakeholders for finance-related matters.
• Assist in statutory compliance, audit requirements, and submission of required financial documents.
• Support the processing of employee reimbursements and other finance-related claims.
• Assist in tracking project-wise expenditure and maintaining relevant financial records.
• Ensure that financial transactions are processed in accordance with organizational policies and approval procedures.
• Perform other finance and accounts-related duties assigned by the management from time to time

Key Skills

• Good understanding of accounting principles and financial processes.
• Working knowledge of Tally and GeM (Government e-Marketplace).
• Knowledge of General Financial Rules (GFR) and government procurement procedures will be preferred.
• Understanding of GST, TDS, invoicing, and statutory compliance.
• Proficiency in MS Excel/Google Sheets.
• Good numerical, analytical, organizational, and communication skills.
• Strong attention to detail and ability to maintain confidentiality of financial information.

• Qualification
• Bachelors/Masters degree in Commerce, Finance, Accounting.
• 2 to 3 years of post-degree experience in the relevant area.

Renumeration:

Up to INR 35,000/- per month based on experience.