India AI is currently inviting applications for the position of General Manager – Finance purely on Contract/ Consolidated basis.

The last date for submission of applications shall be 21.05.2025

Name of the post: General Manager – Finance
Number of Positions: 01
Project: India AI
Reporting to: COO, IndiaAI

Roles & Responsibilities

a. 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 the same with concerned authorities and issue of TDS certificates.
• Ensure compliance to statutory rules and regulations for all financial matters related to IndiaAI

b. Funds Management

• Disbursements of funds to different verticals/pillars & monitoring its expenditure.
• Tracking funds availability under various heads on a 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

c. Budgeting

• Preparation of annual budget of IndiaAI.

d. 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.

e. Coordination of Audit activity for internal, Statutory & CAG Audit, Including vendor Agencies Audit.

• To facilitate the audits, ensure to keep the accounts ready, make the vouchers available, Compile Schedules such as Funds Received During the Year, Assets Schedules, Balance Sheet, Income & Expenditure Account etc.
• To process and respond to the audit queries, observations, comments and paras in coordination with respective verticals/ project owners

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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, eensuring socially impactful AI projects, and promoting ethical AI. This mission drives responsible and inclusive growth of India’s AI ecosystem through following seven pillars.