About the Job: We are seeking a highly experienced and dynamic Head of Finance (Controller Accounts) to lead and manage the financial operations of our organization. This is a critical leadership role responsible for ensuring the financial health, compliance, and strategic financial planning that supports our mission to [mention the NGO's core mission related to education]. The ideal candidate will be a seasoned finance professional with a strong understanding of NGO accounting, regulatory compliance, and financial management, coupled with the ability to lead and mentor a finance team. Key Responsibilities: Financial Leadership and Management: - Provide strategic financial leadership and guidance to the organization's leadership team. - Lead and manage the day-to-day accounting operations, ensuring efficiency and accuracy. - Develop, implement, and maintain robust financial policies, procedures, and internal controls. - Oversee the maintenance of accurate and complete financial records. - Manage relationships with banks, auditors, and other financial institutions. - Ensure adherence to all relevant accounting standards and best practices. Financial Reporting and Closing: - Ensure timely and accurate monthly, quarterly, and annual closing of books of accounts. - Prepare and present comprehensive financial reports, including income statements, balance sheets, cash flow statements, and other relevant reports, to the leadership team and the board. - Analyze financial performance, identify trends, and provide insightful recommendations. - Coordinate and manage the annual audit process. Budgeting, Forecasting, and Financial Analysis: - Lead the annual budget planning process in coordination with leadership and program teams. - Develop accurate financial forecasts and projections to support strategic decision-making. - Conduct thorough financial analysis of program activities and organizational performance. - Monitor budget performance against actual expenditures and provide variance analysis. - Work closely with program teams to ensure sound financial management of projects and grants. Statutory Compliance and Taxation: - Manage all aspects of statutory compliance, including timely and accurate filing of TDS, GST, FCRA returns, Income Tax returns, and other applicable regulations. - Ensure compliance with NGO-specific regulations such as FCRA, 12A, and 80G. - Stay updated on changes in relevant laws and regulations and ensure organizational compliance. - Manage relationships with relevant government authorities and regulatory bodies. Material Planning, Procurement, and Inventory (Highly Desirable): - Develop and implement efficient material planning and procurement processes. - Oversee the management of inventory systems, ensuring accurate tracking and control of assets. - Ensure cost-effective procurement practices and vendor management. - Collaborate with relevant teams to optimize resource utilization. Team Leadership and Development: - Lead, mentor, and develop a high-performing finance team. - Assign responsibilities, set performance expectations, and provide regular feedback. - Foster a collaborative and supportive work environment within the finance department. - Identify training and development needs of the team members. Requirements: - Education: Postgraduate degree in Commerce (M.Com) or Master of Business Administration (MBA) with a specialization in Finance from a recognized institution. - Experience: Minimum of 15 years of progressive and relevant experience in accounts and finance, with at least 5 years in a leadership role managing a small finance team. Technical Skills: - Strong knowledge of Indian Accounting Standards (Ind AS) and Generally Accepted Accounting Principles (GAAP). - In-depth understanding of NGO compliance requirements, including FCRA, Section 12A, and Section 80G of the Income Tax Act. - Proven experience in managing statutory audits and tax assessments. - Proficiency in using accounting software and ERP systems. - Excellent skills in financial analysis, budgeting, and forecasting. - Strong proficiency in Microsoft Excel and other MS Office Suite applications.

Delhi NCR

Others

Finance Head - Accounts Controller 

Job Description for Finance Head - Accounts Controller  in ATRIOS Consulting in  Delhi NCR Others for (15-17) years of experience. Apply Now!