1.

Name of the post

Finance Officer

  2.

Number of Posts

01

3.

Classification

Group A

4.

Scale of Pay

Level 14 under 7^th CPC

Starting Basic Pay- ₹1,44,200/- per month

5.

Age limit

Age not more than 50 years.

6.

Educational and other qualifications required

Essential-

First class in UG/PG degree, master’s degree preferably in Commerce / Business Administration in Finance with at least 55% marks, OR Chartered Accountant (CA) / Cost Accountant (ICWA).

[AND]

At least 15 years of relevant experience in finance, accounts or audit in Central/State Government, Autonomous Bodies, PSUs, Universities / Higher Educational Institutions or reputed organizations, out of which minimum 10 years should be in a senior supervisory/managerial position (Deputy Registrar (Finance)/ Deputy Officer (Finance) or equivalent) in Level 12.         

OR

Twelve (12) years of experience in financial management and accounting in a senior managerial position in industry/corporate sector/autonomous organization/public sector undertaking with proven track record, provided the candidate possesses professional qualification (CA/ICWA).

Desirable:

• Professional qualification such as CA/ICWA/MBA in Finance
• Experience in handling accounts of educational institutions/universities
• Familiarity with UGC regulations and government financial rules
• Proficiency in accounting software and ERP system

Mandatory Qualities: Disciplined, ethical, punctual and knowledgeable person of impeccable integrity and willingness to learn and adapt.

7.

Job Description

Overall charge of finance and accounts of the Institute-

• Preparation and monitoring of annual budget and financial plans.
• Maintenance of accounts, financial statements and internal controls.
• Ensuring compliance with statutory requirements including audit, taxation and financial reporting.
• Management of grants, funds, investments and banking operations.
• Monitoring and controlling institutional expenditure
• Scrutinize and vet financial proposals, tenders, contracts and MoUs from a financial perspective.
• Provide financial input for policy formulation, new academic programs, infrastructure projects and strategic initiatives.
•  Supervise establishment-related financial matters including payroll, pensions, gratuity, EPF, advances and retirement benefits.
• Lead and manage the Finance & Accounts staff, ensuring capacity building and efficient workflow
• Oversee implementation and operation of ERP / accounting software and promote digitization of financial processes
• Oversee internal and external audits to ensure the integrity of the Institute’s financial records.
• Any other duties assigned under the Statutes of the Institute.

8.

Remarks

General Conditions

• The appointment shall be governed by the UGC Regulations and the Statutes of BIT Mesra.
• The Institute reserves the right to relax eligibility criteria in exceptional cases with the approval of the Competent Authority.
• Mere eligibility does not guarantee selection.
• Canvassing in any form shall lead to disqualification