Accounting Operations Manager - Startup

Industry : Start Up Organization(TBD)

Candidate who has between 9-12 LPA CTC may apply as it is a start up organization.

Location : South Delhi/Noida

Qualification : CA or MBA Finance

Job Title : Accounting Operations Manager (AOM)

Business/Function : Accounting Services

Segment : Shared Services

Principal Accountability of Position :

In just a few sentences, broadly describe the main purpose of the job. Indicate what is done and why (outcome). i.e., answer the question, - Why does the job exist-

The Accounting Operations Manager will report to the Chief Finance Officer and is responsible and accountable for leading the Accounting team in managing all of financial activities of the assigned clients. The AOM oversees all day to day operations of Accounting Department of assigned clients and ensures timely and accurate processing of all accounting functions. This position will works with the Executive Director/ management team in developing annual budgets, ongoing monitoring, metrics, and fiscal forecasting and planning of the assigned clients. This position requires day to day hands-on experience and an in depth knowledge of Generally Accepted Accounting Principles and relevant regulations.

ESSENTIAL JOB RESPONSIBILITIES

List and describe the position's key responsibilities in order of importance, and indicate the approximate percentage of time spent on the responsibility. (Percentages should add up to 100%.) For each, describe in simple terms what the job holder must do to accomplish the main purpose of the job and the amount of direction that is required to perform the job duties. If the job manages others, describe the management duties (including authority to hire/fire/recommend pay increases/manage overall work product/schedule, etc.) Insert additional rows as needed.

Note: These statements are not intended to be an exhaustive list of all responsibilities and duties.

Responsibility % of time spent

- Oversee all functions of the Accounting Department including accounting policies, systems and processes regulatory reporting requirements, payroll systems and processes, internal controls, ongoing financial modeling, and strategic planning of the assigned clients

- Monitors billing/issuing receipts for all grants and contracts, makes recommendation to management based on trends, future projections and business goals and objectives. Ensures fiscal compliance for all grants of assigned clients

- Review, approve and ensure timely and accurate processing of payroll, accounts payable, accounts receivable, cash receipts, general ledger, and reconciliations. Ability to step in and cover accounting staff absences, leaves as needed.

- Ensure financial records are maintained in accordance with Generally Accepted Accounting Principles, Accounting Policies, grant/contract requirements, and monitor the use of all funds.

- Ensure adequacy and adherence of internal control processes for all the assigned clients

40%

- Responsible for hiring, supervising, and evaluating all accounting personnel.

- Lead, mentor and coach the Accounting team to retain high caliber staff and assist employees to reach their full potential.

- Ensure the team delivers the highest standards of departmental, cross-departmental and cross-agency teamwork and customer service.

25%

- Prepare timely, accurate monthly, quarterly and annual internal/external financial and other meaningful ad hoc reports along with supporting documentation. Investigate and explain material variances, highlight trends for management, provide recommendations.

- Work with the assigned clients SPOC to prepare the budget and fiscal projections. Supervise budgets, documentation and analysis prepared by the team.

- Monitor funding requirements and coordinate daily cash management functions to ensure adequate cash flow necessary for operations.

- Review and coordinate the physical inventory of assets on a bi-annual basis and ensure acquisitions/disposals are handled in accordance to grant/contract guidelines.

- Work with assigned client SPOC and leadership team to drive continuous improvement, maximize productivity with a goal of achieving best practices and meeting today and the future operational needs.

- Develop and oversee accounting policies and procedures to meet both current and future business models and comply

25%

- Ensure timely preparation and smooth audit of accounts of the assigned clients with no qualification in the report by the statutory auditors as well as the donor auditors

10%