Dr Reddy's Foundation - Deputy Manager - Finance & Accounts

About DRF:

- Dr. Reddy's Foundation (DRF) is a not-for-profit organization, focused on enhancing the dignity and well-being of socially and economically vulnerable people.

- We empower communities through improved education, health, livelihood, and climate action outcomes.

Responsibilities:

- Provide the best support to operations (program, program support and administration) with timely release of payments.

- Maintain an accurate and error-free Accounting System for DRF.

- Ensure adhering to statutory compliance under Income Tax Act, GST, EPF, PT and Gratuity Act.

- Preparation of annual financial statements and donor utilisation statements.

- Coordinate with internal audit, statutory audit, donor audits and support in scrutiny under the laws applicable to Trusts/Not for Profit Organisations.

- Ensure timely settlement of all vendor and staff advances.

- Monthly review of project grants utilisation and balances and ensure required fund balance of projects.

- Coordinating and ensuring the fee collections.

Major Deliverables:

- Ensure timely release of payments to operations, vendors, service providers and staff for travel & operational activities.

- Ensure all supporting bills, documents, approvals, complete verification and statutory deductions before releasing payments to vendors, service providers and staff.

- Ensure timely receipt of vendor bills, and claims from field units and staff by maintaining trackers and timelines.

- Discussion with Principals / Program Leads for any deviation in adhering to policies and delays in submitting payment requests, bills and claims and take the required action to streamline the systems and practices.

- Maintain Books of Accounts accurately without errors as per Generally Accepted Accounting Principles (GAAP) and statutory requirements under the laws of the land.

- Timely closure of monthly and annual accounts and passing annual closure entries.

- Ensure monthly deductions/collection and payment of Income Tax, GST, EPF and Professional Tax.

- Ensure fee collection and submit monthly fee collection reports.

- Ensure required preparations for smooth and timely completion of quarterly internal audits, statutory audits annually and donor audits as per the requirement.

- Provide information/clarification to donor, internal and statutory auditors.

- Review monthly rental, vendor, operational and staff advances and ensure timely settlement of all advances.

- Preparation of monthly grant utilization statement, Budget Vs Actuals and ensure required fund balance for implementation of activities.

- Provide required training to staff on financial management systems.

- Ensure filing of vouchers and timely preparation of BRS.

- Liaison with Banks and maintain a good report with Bank Officials.