Assistant Manager

2 weeks ago


Delhi, Delhi, India IHFC (TIH of IIT Delhi) Full time ₹ 1,04,000 - ₹ 1,30,878 per year

Position

:
Manager / Assistant Manager – FP&A

Location
: New Delhi

Company
: IHFC (I-Hub Foundation for Cobotics), Technology Innovation Hub of IIT Delhi

About the Company

IIT Delhi has established IHFC (I-Hub Foundation for Cobotics) as the Technology Innovation Hub under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) of the Department of Science & Technology (Ministry of Science & Technology), Govt. of India.

It has been incorporated as a Section-8 (non-profit) company, under the Companies Act 2013. The company will be supported by the Department of Science & Technology for five years, following which it needs to self-sustain and should generate its own revenue to continue with its functions. All the activities related to the company are governed by its own Board of Directors and led by the CEO.

Responsibility

Manager / Assistant Manager – FP&A will be responsible for the following functions:

Management Reporting (Up to 30%)

  • Coordinate and perform quarterly PnL & Cash Flow Budgets/Forecasts, including variance analysis explanations of changes.
  • Review and analyse P&L's and general ledger account balances to ensure accuracy of financial statements and compliances.
  • Preparation of Project Budgets & obtain necessary approvals from the Vertical Head / Management
  • Prepare & Maintain Dashboards for Verticals, Projects, Cost Centres & Finance team.
  • Perform deep-dive analysis into financial data to extract actionable items.
  • Prepare the Company's Annual Budgets along with presentation on financial overview of it.
  • Consolidation and Reporting of Data to DST on a monthly, quarterly and annual basis.

Startups Valuations, Reporting & Compliance (Up to 30%)

  • Develop periodic investment reports for internal and external stakeholders.
  • Develop and maintain dynamic dashboards to track startup funding status and documentation.
  • Follow up with startups for quarterly financial reporting, including Income Statements, Cash Flow Statements, Statutory Compliances, Change in Shareholding and other relevant financial documents.
  • Support the valuation of start-ups, including liquidation analysis, pre- and post-money valuation assessments, and participate in valuation negotiations, incl. end-to-end deal execution & closure.
  • Review and analyse business plans submitted by startups for funding and strategic alignment.
  • Coordinate with Company Secretary & startups to ensure timely submission of pre- and post-funding documentation.
  • Address and resolve compliance-related queries and issues raised by startups.

Data Presentation (Up to 10%)

  • Create insightful presentations and identify action items, for decision-making.
  • Presenting findings using clear visuals including charts, graphs, and dashboards.
  • Prepare various MIS reports as per the management's requirement.

Process Improvement (Up to 20%)

  • Contribute to various finance-driven process improvement initiatives and support special projects. This involves actively participating in the identification, development, and implementation of strategies to enhance financial processes, as well as collaborating on projects aimed at driving operational efficiency and improving overall financial performance.
  • Lead and support the automation of processes within the Finance & Accounting (F&A) team. This includes identifying opportunities for automation, implementing solutions to streamline workflows, and enhancing the overall efficiency of financial operations.
  • Support the team in troubleshooting discrepancies and enhancing processes for more accurate financial reporting.

Support in AR, AP & Other F&A KRAs (Up to 10%)

  • Handle accounting, Accounts Payable & Accounts Receivable for Grants received by the Company.
  • Assist in the processing and analysis of monthly corporate credit card bills.
  • Support day-to-day operations of the Finance & Accounting function.

Role Description

The
Manager /
Assistant Manager - FP&A
will assist the Head of Finance in overseeing the daily operations of the Finance operation, including management reporting, budgeting, data management, cash flow monitoring, annual financial reporting, and various other finance and accounting activities. This role requires close collaboration with cross-functional teams to ensure effective data consolidation and may involve occasional travel to different offices and project sites for accounting and administrative support.

Ideal Candidate Profile

  • Prior experience in IT/ITES/Service Industries/Investment banking Firms or any other related industry.
  • Proven experience in financial reporting and analysis, especially monthly and half-yearly reviews.
  • Excellent analytical and critical thinking skills, with the ability to present complex data in a clear and concise manner.
  • Sound understanding of accounting principles, financial regulations, and reporting standards.
  • Proven experience in preparing and reviewing business plans, cash flow projections, and liquidation scenarios for start-up companies, as well as supporting activities related to mergers and acquisitions, is preferable.
  • Proficient in accounting software (e.g., Tally / QuickBooks)
  • Familiarity with tools such as Power BI / Tableau / MS-Access / SQL / AWS and other related tools is advantageous.
  • Expertise in Advanced MS Excel and Google Sheets.
  • Ability to handle sensitive information with confidentiality
  • Effective communication skills and the ability to work cross-functionally

Qualification
:

  • Bachelor's degree in finance, Accounting, or related field.
  • Preference will be given to candidates with MBA (Finance), CMA (inter), or CA (Inter)

Years of experience: years of relevant experience
in F&A functions.

Reporting:
 The position will be reporting to the Head - Finance

How to Apply:
Interested candidates may send their application to

on or before
September 20, 2025
.



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