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Finance Manager- KCDH (EXT111/2023)

About Koita Centre for Digital Health (KCDH) at IIT Bombay: Digital Health and Informatics need cross-functional expertise in computer science, bioinformatics, statistics, AI/machine learning, and medical sciences. KCDH is a first-of-a-kind centre for Digital Health in India, launched by IIT Bombay (India’s #1 academic institution). KCDH vision is to drive research, entrepreneurship, and employment in Digital Health to transform healthcare in India, partnering closely with clinical professionals and healthcare organizations. KCDH was established in 2021 with support from the Koita Foundation (www.koitafoundation.org). Learn more about KCDH - www.kcdh.iitb.ac.in

Position Title: Finance Manager

Reporting to: Head of Operations

Duration: (89 days / 1 year): 1 Year

CTC: INR 5,94,000 – INR 10,98,000 pa.

Salary Band: PR-O2 (42000-84000) + 7500 OCA per month

Job Purpose: We are seeking a highly organized and efficient Finance & Admin Manager to oversee the operations of the academic Centre (KCDH).
This person will be responsible for budget management, financial planning, grants and funding, decision support, and vendor management.
This role is essential in ensuring the Centre’s operational & financial functioning
The ideal candidate must possess excellent communication skills, a keen eye for detail, and the ability to multitask in a fast-paced environment.

Key Responsibilities:
Budget Management:
• Develop and manage the annual budget for the academic centre.
• Monitor budget performance, ensuring expenses are within approved limits.
• Provide regular budget reports and analysis to the centre’s leadership.
Financial Planning and Analysis:
• Conduct financial analysis to support strategic decision-making.
• Identify financial trends and provide forecasts to help achieve the centre’s financial goals.
Grants and Funding Management:
• Research and identify potential grant opportunities for academic programs and research projects.
• Support preparation of grant proposals and oversee the application process.
• Support development and execution of NDA, partnership agreements and grant agreements in collaboration with partners and grant making agencies
• Ensure compliance with individual grant requirements and associated funding and regulatory constraints
• Prepare grant agency-wise reporting in line with requirements of IIT Bombay and grant agencies.
Financial Decision Support:
• Provide financial guidance and support to academic program managers and department heads.
• Assist in evaluating the financial feasibility of new initiatives and projects.
Vendor and Contract Management:
• Negotiate contracts and agreements with vendors and service providers.
• Monitor vendor performance and ensure cost-effective services.

Desired Profile: • Bachelor’s degree in finance, Accounting, or a related field (master’s preferred).
• Good understanding of regulatory and compliance requirements for CSR, FCRA and government funding
• 8-10 years of relevant experience
• Proven experience in financial management and analysis, budgeting, accounting, financial reporting principles, grant application processes and compliance.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Attention to detail and accuracy in financial reporting.
• Proficiency in financial software and tools.
• Proficient in using Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Disclaimer: The position is contractual for a period of 1 year but renewable as per Institute’s guidelines and tenable only for the duration of the project. The selection committee may offer lower or higher designation and lower or higher salary depending upon the experience and performance of the candidate in the interview.

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