India AI is currently inviting applications for the below position purely on a Contract/ Consolidated basis.

The place of posting shall be in New Delhi but transferable to project locations of IndiaAI as per the existing policy of IndiaAI.

Last date for submission of application: 20.02.2025

Position: GM -Finance
No. of Position(s): 1

Roles & Responsibilities
Financial Statements & Records
 Ensure regular compilation of financial statements for IndiaAI
 Ensure preparation of financial reports for projects being implemented by IndiaAI.
 Compliance to statutory rules and regulations for all financial matters related to IndiaAI.
 Maintenance of book of accounts viz. journal ,cash book, Petty cash ledger and subsidiaries
 Preparation of P&L Accounts, Balance Sheet etc.
 Processing of Salary, Employees monthly contribution payments and tax computation.
 Filing of various tax returns after depositing same with concerned authorities and issue of TDS certificates.
 Ensure compliance to statutory rules and regulations for all financial matters related to IndiaAI

Funds Management
 Disbursements of funds to different verticals/pillars & monitoring its expenditure .
 Tracking of funds availability under various heads on monthly basis.
 Preparation of bank reconciliation statement.
 Submission of UC’s on Quarterly/ need basis in format as prescribed in GFR/ respective Grant Allocation
 Issue & Submission of UC’s to funding agencies/MeitY and coordination to reconcile Grant allocation

Budgeting
 Preparation of annual budget of IndiaAI.

Bills and Expense Monitoring
 Monitor the timely clearing of bills and payments in line with the established principles and guidelines.

 Timely payments of salaries/allowances to IndiaAI employees.

Education:
 Bachelor’s degree in any discipline (Preferably B.Com)
 Professional qualification such as CA/ICWA or similar will be considered a plus

Desired Skills & Experience:
 15 years of experience in diverse Finance & accounts in a large set up
 Proven track record in strategic financial leadership roles.
 Knowledge of Tally and other accounting software
 Experience in diverse Finance & accounts in Government Departments/ Organizations is preferable
 Knowledge of GFR & other financial rules of GOI, manual of office procedure would be added advantage
 Knowledge of noting and drafting and is well acquainted with Govt. Rules & Regulations will be considered a plus

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About India AI
The IndiaAI Mission aims to build a comprehensive ecosystem that fosters AI innovation by democratizing computing access, enhancing data quality, developing indigenous AI capabilities, attracting top AI talent, enabling industry collaboration, providing startup risk capital, ensuring socially impactful AI projects, and promoting ethical AI. This mission drives responsible and inclusive growth of India’s AI ecosystem through following seven pillars.