We are a Section 8 non-profit organization governed by FCRA regulations. The CFO will play a crucial role in overseeing all financial operations, ensuring compliance with relevant regulations, managing donor relationships, and providing strategic financial guidance to support the organization's mission and growth. Responsibilities: 1. Financial Management: - Develop and implement financial strategies, policies, and procedures aligned with the organization's goals and FCRA regulations. - Oversee the preparation of accurate and timely financial reports, including budgets, financial statements, cash flow projections, and variance analysis. - Monitor financial performance, identify areas for improvement, and provide recommendations to the management team. - Ensure compliance with regulatory requirements, accounting principles, and internal controls. 2. Donor Relationship Management: - Cultivate and maintain relationships with existing and potential donors, both domestic and international. - Collaborate with the fundraising team to develop and implement strategies to attract and retain donors. - Provide financial information and reports to donors, demonstrating accountability and transparency in fund utilization. - Participate in donor meetings, presentations, and events to represent the organization's financial interests. 3. Budgeting and Financial Planning: - Lead the annual budgeting process, working closely with department heads and the executive team to develop realistic and achievable financial plans. - Monitor budget performance, identify variances, and provide recommendations for corrective actions. - Conduct financial analysis, scenario modeling, and risk assessment to support strategic decision-making. - Collaborate with program managers to ensure program budgets align with donor requirements and organizational objectives. 4. Treasury and Cash Flow Management: - Oversee cash flow planning, forecasting, and management, ensuring adequate liquidity for ongoing operations. - Optimize cash management strategies, including investment decisions, risk mitigation, and foreign exchange management. - Monitor and manage banking relationships, negotiate favourable terms, and ensure compliance with banking regulations. 5. Compliance and Risk Management: - Ensure compliance with FCRA regulations, tax laws, and other applicable regulatory requirements. - Coordinate with internal and external auditors for annual audits and manage audit processes. - Develop and implement effective risk management strategies and internal controls to safeguard the organization's assets. - Stay updated with evolving financial and regulatory frameworks, recommending changes as necessary. Qualifications and Requirements: - Bachelor's degree in finance, accounting, or a related field. A professional certification such as CA, CPA, or CMA is highly preferred. - Proven experience (minimum 8-10 years) in financial management, preferably in the non-profit sector or organizations dealing with foreign funds. - Deep understanding of FCRA regulations and compliance requirements related to non-profit organizations. - Strong knowledge of accounting principles, financial analysis, budgeting, and financial planning. - Excellent interpersonal and communication skills to effectively engage with donors, board members, and other stakeholders. - Ability to provide strategic financial guidance, contribute to organizational decision-making, and drive financial sustainability. - Proficient in financial management software and systems. - Exceptional analytical and problem-solving skills, with a keen attention to detail. - High level of integrity, ethics, and commitment to transparency.

Bangalore

Chief Financial Officer - NGO 

Job Description for Chief Financial Officer - NGO  in 5M Consultants in  Bangalore for (8-15) years of experience. Apply Now!