MeitY Startup Hub (MSH) is currently inviting applications for the position of Finance Coordinator – Fund Management, purely on a contract/consolidated basis.

Responsibilities

• Fund Drawdown Processing: Manage the verification, documentation tracking, and clearance paths for fund drawdown notices and investment releases. Ensure all investment approval papers are completely signed before clearing capital transfers.
• Treasury & Balance Monitoring: Monitor daily fund treasury limits, bank ledger balances, and temporary interest earnings across escrow accounts. Identify and report cash flow variances instantly to prevent funding delays.
• GFR Capital Compliance: Cross-verify that all fund transaction fees, management cost allocations, and operational bills mirror General Financial Rules (GFR) parameters. Prevent financial compliance gaps during fund deployments.
• Investment Database Maintenance: Clean, organize, and maintain MSH’s financial registries tracking fund commitments, capital calls, and cash distributions (DPI/TVPI metrics). Maintain high accuracy when handling sensitive fund records.
• Invoice Verification Loops: Process incoming vendor invoices from valuation firms, diligence providers, and corporate banks against approved project line items. Organize transparent payment recommendations for administrative clearance.
• RFP Financial Criteria Support: Assist the investment team in drafting detailed financial eligibility matrices, fee parameters, and calculation frameworks for upcoming service vendor RFPs. Help verify that incoming bids align with budget limits.
• Parliamentary Query Data Assembly: Support the collection, verification, and packaging of financial capital reports to answer urgent Parliamentary Questions, RTI requests, and CAG audits under tight timelines. Maintain total mathematical accuracy.
• Bank Reconciliation & Transfers: Execute regular bank reconciliation steps, track transaction logs, and manage settlement timelines. Coordinate with corporate banking providers to monitor international transfer clearances or delays.
• Portal Financial Data Feeds: Provide validated, clean investment statistics to the MSH Portal team to update central analytics dashboards. Ensure total deployed capital figures match internal general ledgers.
• Audit Archive Preparation: Systematically compile and secure all signed capital call orders, approved payment vouchers, and banking transfer receipts into central databases. Ensure all compliance records are structured for quick lookup during official audits.

Important Links

About MeitY Startup Hub (MSH)

MeitY Startup Hub (MSH), functioning as an Independent Business Division (IBD) within Digital India Corporation (DIC), is mandated to create, strengthen, and accelerate the growth of the startup ecosystem across India, with a particular focus on electronics and IT-based startups. MSH leverages various digital integration and implementation tools, as well as analytics, to capture and consolidate data from all MeitY-supported TIDE 2.0 Centres, Centres of Excellence (CoEs), startups, investors, mentors, service providers, freelancers, academic institutions, industries, and other stakeholders. It connects them with the global community of investors, mentors, corporates, experts, entrepreneurs, MSMEs, institutions, and international funding agencies that support sustainable techno-socio-economic development in India.