Finance Consultant - Senior Position

Senior Finance Consultant

Reporting To

Lakeace it solutions pvt ltd

Employment Type

Full time / Contractual

Location

State Project Directorate (SPD), PM-USHA, Department of Higher Education, Government of Madhya Pradesh, Bhopal

Job Summary

The Senior Finance Consultant will provide strategic financial management support for implementation of PM-USHA across the State. The consultant will be responsible for financial planning, budgeting, fund flow management, expenditure monitoring, utilization certificates, audit coordination, financial reporting, compliance with Government of India guidelines, and monitoring financial performance of Higher Education Institutions (HEIs).

The consultant shall ensure efficient utilization of project funds while maintaining compliance with General Financial Rules (GFR), Treasury Rules, PFMS, PM-USHA Financial Management Guidelines, and Government accounting standards.

Educational Qualification

Essential

- Master's Degree in Commerce (M.Com), Finance, Accounting, Economics, MBA (Finance), CA (Inter/Final), CMA, or equivalent from a recognized University.

Preferred

- CA / CMA Qualified
- Certification in Government Financial Management
- Knowledge of PFMS, IFMS, Government Accounting
- Experience

Minimum 7 years of relevant experience in Finance, Accounts, Budgeting, Government Financial Management, or externally aided projects.

- PM-USHA
- RUSA
- Government Projects
- World Bank / ADB / JICA funded projects
- State Government Departments
- Universities/HEIs

Roles & ResponsibilitiesFinancial Planning

- Prepare Annual Budget Estimates.
- Prepare Financial Plans.
- Prepare Annual Action Plans.
- Develop project financial forecasts.
- Budget allocation among institutions.

Budget Management

- Monitor approved budget.
- Review expenditure trends.
- Budget revisions.




- Cost estimation.
- Financial forecasting.

Fund Management

- Monitor release of funds.
- Fund utilization monitoring.
- Cash flow planning.
- Financial reconciliation.
- Monitor grant utilization.

Financial Reporting

- Monthly Financial Reports.
- Quarterly Financial Reports.
- Annual Financial Statements.
- Expenditure Statements.
- Financial Dashboards.
- MIS Reports.
- Variance Analysis Reports.

Accounting

- Review books of accounts.
- Ledger scrutiny.
- Journal verification.
- Trial Balance review.
- Bank reconciliation.
- General Ledger management.

Audit

- Coordinate Internal Audit.
- Statutory Audit.
- AG Audit.
- CAG Audit.
- Government Audit.
- Prepare audit replies.
- Compliance monitoring.

Compliance

- Ensure compliance with:

- GFR 2017

- Treasury Rules

- PM-USHA Guidelines

- Government Financial Rules

- Income Tax provisions

- GST provisions

- Procurement-Finance coordination

Financial Monitoring of HEIs

- Review utilization certificates.
- Verify Statement of Expenditure.
- Review financial records.
- Financial inspections.
- Capacity building of finance officials.

PFMS & Digital Finance

- Monitor PFMS transactions.
- Review DBT records.
- Digital payment monitoring.
- Financial data validation.

Coordination

- Coordinate with
- Ministry of Education
- Department of Higher Education
- State Treasury
- Universities
- Chartered Accountants
- Auditors
- Banks

Required Skills :





- Government Accounting
- Budget Preparation
- Financial Analysis
- Fund Management
- Audit Management
- PFMS
- MS Excel (Advanced)
- Financial Modelling
- Report Writing
- Communication Skills
- Leadership Skills

Software Knowledge

- PFMS
- IFMS
- Tally ERP
- MS Excel
- MS Word
- PowerPoint

Deliverables

- Budget Reports
- Fund Utilization Reports
- Financial Statements
- Audit Compliance Reports
- Utilization Certificates
- Expenditure Monitoring Reports
- Monthly MIS

Finance Consultant - JuniorPosition

Junior Finance Consultant

Reporting To

Senior Finance Consultant / Finance Officer / SPD

Employment Type

Full-Time / Contractual

Location

Bhopal

Job Summary

The Junior Finance Consultant shall assist the Senior Finance Consultant in day-to-day financial management, accounting, budgeting, expenditure monitoring, utilization certificate preparation, financial reporting, documentation, and audit support under PM-USHA.

Educational Qualification

Essential

Bachelor's Degree in Commerce (B.Com)

OR

M.Com / MBA Finance

Preferred

CA Inter

CMA Inter

Knowledge of Government Accounting

Experience

Minimum 2-3 years of relevant experience in Finance & Accounts.

Preference:

- Government Projects
- Universities
- NGOs
- Educational Institutions
- PM-USHA/RUSA
- World Bank Projects

Roles & ResponsibilitiesAccounts

- Maintain books of accounts.
- Voucher verification.
- Ledger posting.
- Bank reconciliation.
- Cash book maintenance.
- Record maintenance.

Budget Support

- Assist in budget preparation.
- Expenditure tracking.
- Budget reconciliation.
- Financial data compilation.

Financial Reporting

- Monthly reports.
- Quarterly reports.
- SOE preparation.
- UC prepar

📌 Finance Consultant - Senior / Junior (Bhopal)
🏢 Lakeacr IT solutions
📍 Bhopal