Hiring of Finance Specialist

Job Description

The AIWTD Society invites applications for the post of Finance Specialist – (1) under the World Bank funded AIWT Project. Internal employees working under the Transport Department of Government of Assam are not eligible to apply. The Job Description and other details for the position are available in the website http://www.aiwtdsociety.in . Candidates having requisite qualification and experience may apply in English language through “Online Application” available in the above mentioned website on or before 05.00 PM of 10th April, 2023. Soft copy of the Application form along with relevant testimonials should also be emailed to dir.iwtds-as@gov.in . Only short-listed candidates will be called for an interview & selected candidates will be contacted. The Society exclusively reserves the right to select or reject any candidate without assigning any reasons thereof. Multiple or incomplete applications will be summarily rejected. Canvassing in any form will lead to disqualification.

Qualification:  Graduate in Commerce (Accountancy/ Finance)  Post Graduate in Commerce or MBA/ PGDBM in Finance Preference will be given to candidates having CA or ICWA qualifications with LLB degree.

Work Experience:  10 years of professional work experience in financial management and accounting practices with minimum 2 years of work experience as a head of or independent charge of finance and accounts department of Government/private organization.  Preference will be given to candidates having previous experience of working in Externally Aided Projects

Key Job Responsibilities:  Monitor financial management system of AIWTDS & update the financial manual periodically.  Preparation of annual financial statements and miscellaneous reports of the projects as and when required.  Preparation of annual budgets and financial forecast and ensure efficient and appropriate utilization of funds.  Compilation of annual accounts of projects and place before the competent authority, Project guidance Council and Governing Body as and when called for.  Preparation and review of Contractual Agreements and review of Contractor’s bills for payment.  Supervise processing of reimbursement claims and liaise with Department of Economic Affairs (Ministry of Finance) / World Bank etc.  Liaise with the Finance & other departments, Govt. of Assam on the matters relating to the project.  Assist in maintenance of assets procured under the project and conduct physical verification of assets and stock and reconciliation with books of accounts.  Ensure statutory compliance and filing of statutory returns with appropriate authority. Issue of cheques/Bank advices as per sanction and approved by SPD.  Handle all bank transactions and act as a single point of contact for all Banking matters.  Coordinate & Monitor all audit related activities of the project. Ensure timely compliance of audit observations and ensure that appropriate and timely follow up remedial actions are taken.  Timely submission of Interim unaudited financial report [IUFRs] and audit reports to World Bank and other reporting requirements to stakeholders.