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.
Preference shall be given to candidates having experience in:
- 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 preparation.
- Financial MIS.
Audit Support
- Documentation.
- Audit schedules.
- Compliance documents.
- Audit replies.
- Record verification.
Fund Monitoring
- Track fund releases.
- Verify expenditure.
- Maintain financial records.
- Monitor grant utilization.
Documentation
- Maintain finance files.
- Digital record management.
- File indexing.
- Supporting documents.
Coordination
- Universities.
- Colleges.
- Treasury.
- Accounts officials.
- Banks.
- Auditors.
Skills Required
- Accounting
- MS Excel
- MS Word
- Financial Reporting
- Tally ERP
- PFMS (Preferred)
- Documentation
- Communication Skills
Deliverables
- Financial MIS
- Budget Sheets
- Expenditure Reports
- Utilization Certificates
- SOE
- Audit Files
- Ledger Reports
Contact Details
Mobile: 8103168209
Email: [email protected]
Pay: ₹30,000.00 - ₹70,000.00 per month
Benefits:
Work Location: In person
