Remote: Hybrid

About us:The Indian Institute of Technology Bombay (IIT Bombay), established in 1958, is one of India’s premier institutions for science, engineering, and technology education and research. Recognised as an Institution of Eminence by the Ministry of Education, Through the Educational Outreach (EO) Office, IIT Bombay delivers continuing and executive education for working professionals in India and abroad. EO enables learners to access IIT Bombay’s world-class faculty and research expertise through online, hybrid, and in-person programs that blend academic depth with industry relevance.Role Overview :The Finance & Accounts Specialist will anchor the financial operations of executive education programmes under Educational Outreach, IIT Bombay. The role requires hands-on ownership of accounting, compliance, and financial reporting, along with close coordination with programme teams, participants, and institute finance functions.Key Responsibilities:Financial ManagementManage end-to-end financial operations across executive education programmesMonitor budgets, revenues, and expenditures at a programme levelTrack fee collections, refunds, and outstanding receivablesPrepare programme-wise financial summaries and statementsEnsure compliance with GST, TDS,



and applicable statutory normsSupport internal and external auditsMaintain proper documentation for compliance and audit readinessAccounting & BookkeepingMaintain accurate books of accounts for all programme transactionsProcess invoices, receipts, and journal entriesEnsure correct allocation of revenues and costsConduct regular bank and ledger reconciliationsBilling & Financial ReportingRaise invoices and coordinate with participants/corporates for collectionsTrack outstanding payments and ensure timely follow-upsMaintain participant-level financial recordsPrepare periodic MIS and financial reports for managementProvide insights into programme financial performanceSupport budgeting and forecasting processesEligibility CriteriaB.Com / Bachelor’s degree in Accounting / Finance with minimum 8 years of relevant experience ORMBA (Finance) / M.Com / CA (Inter) / CMA (Inter) with minimum 5 years of relevant experiencePreferred QualificationsCA / CMA (fully qualified)Experience in programme finance, project accounting, within the education sectorPlease note:This is a Mumbai-based on-campus role. Only shortlisted candidates will be contacted.

📌 Finance Specialist (India)
🏢 Educational Outreach, IIT Bombay
📍 India