Job DescriptionFinance & Accounts Specialist
NAbout Us
nThe 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, IIT Bombay is globally known for academic excellence and innovation.
NThrough 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 programmes that blend academic depth with industry relevance.
NRole Overview
nTheFinance & 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 the Institute's Finance & Accounts Office.




NKey Responsibilities
nFinancial Management
NManage end-to-end financial operations across executive education programmes.
NMonitor programme budgets, revenues, and expenditures.
NTrack fee collections, refunds, and outstanding receivables.
NPrepare programme-wise financial summaries and financial statements.
NEnsure compliance with GST, TDS, and applicable statutory regulations.
NSupport internal and external audits.
NMaintain complete documentation for compliance and audit readiness.
NAccounting & Bookkeeping
NMaintain accurate books of accounts for all programme-related transactions.
NProcess invoices, receipts, and journal entries.
NEnsure proper allocation of revenues and costs.
NConduct regular bank and ledger reconciliations.
NBilling & Financial Reporting
NRaise invoices and coordinate with participants and corporate partners for collections.
NTrack outstanding pay

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