IIIT - Senior Manager - Finance & Accounts - CA (10-15 yrs)

IIIT Hyderabad Invites Applications for the Position of Senior Manager - Finance

The International Institute of Information Technology Hyderabad is a world-class institution offering B.Tech, MS by Research, Dual Degree (B.Tech + MS), M.Tech, and PhD programs. The institute has large research centers with over 100 PhD & 250 MS Research students working on wide-ranging topics. The institute IIIT-H provides a flexible environment that facilitates active industry collaborations for conducting research.

Overall Responsibility

The position reports to the Chief Finance Officer of the Institute. Responsible for the effective functioning of the Finance & Accounts Office under the guidance of the CFO.

Essential Competencies

Education & Experience:

- A qualified Chartered Accountant or Intermediate CA

- 10+ years of experience in Finance & Accounts function at a premier academic institution or institute of national importance.

- Ability to work with different stakeholders internally and externally.

Skills:

- Excellent communication (reading, writing, listening, and speaking) skills.

- Expertise in MS Office - Excel, PowerPoint, and Accounting software

- Good people-related skills.

- Discrete, dependable and a go-getter

- High on Integrity and Values

Personality Traits:

- Analytical

- Proactive and self-starter

- Team leader and a team player

- Integrity

- Troubleshooter

Job Responsibilities

The Senior Manager - Finance & Accounts is responsible for -

1. Accounting: MIS

- Prepare and maintain management reports (monthly balance sheets; income & expenditure statements; cash-flow statements etc)

- Prepare variance analysis monthly; highlight key issues and unusual items; provide recommendations to re-mediate

- Prepare annual budgets (zero-based; activity-based budgeting)

- Engage with to educate and enable alignment of each office/function (including Academics; R&D; Outreach; Communications etc) towards activity-based budget-making

- Engage with each office/function to eliminate or reduce costs incurred on low-value-adding and non-value-adding activities across functions within the Institute

- Prepare monthly MIS for Management; provide ad hoc analysis

- Prepare and submit financial reports to external agencies (R&D grants; for projects done with industry or Research institutes etc)

- Interact with cross-functional teams, auditors, and various consultants to ensure books are accurate, timely updated, and periodically published to all stakeholders

2. Audits

- Plan and conduct routine transactional, process, and/or special audits

- Review audit findings; plan and implement needed preventive and corrective actions to address business / financial process deficiencies

- Collaborate with the Institute community to address correctives to business / financial process changes

3. Taxation

- Ensure the right accounting and compliance of transactions with tax rules (GST; income tax; TDS etc)

4. Financial Controls. Improvements in procedures

- Design, discuss, and implement new or improved internal controls for the accounting and financial system of the Institute

5. Routine Compliances

- Prepare and submit accurate and timely returns for complying with all statutory and regulatory requirements

6. IT Configuration. Improvements. Simplifications

- Front-ending IT implementations concerning F&A

7. Other

- Work with varied functions to resolve exceptions or disputes to maintain the Institute's reputation (e.g. disputes with suppliers, outstanding advances)

Type of Role: Regular position with an initial contract of 3 years to be renewed based on performance and the Institute's needs.

Pay: The compensation is designed to reward the best talent and will not be a limiting factor for the right person. Starts at around CPC Level 10.