Finance Manager - NGO

Primary responsibilities

1. Accounting, Payroll, Setting-up of Processes and Adhering to Various Compliance requirements

- Set up new processes where needed and ensure adherence to Internal Policies/ Process/accounting standards/ IFRS (International Financial Reporting Standards).

- Ensure timely updating of books of accounts such that reports are prepared accurately and on timely basis (including accounting and financial statements, Trial Balance, Cash Flow Statement, Income Statement, & Balance Sheet)

- Handling payroll for the organisation- including but not limited to timely disbursement of salaries, handling payroll related various compliances

- Oversee payment process and ensure there are sufficient controls

- Hands on experience in compliance with FCRA (Foreign Contribution Regulation act)

- Submit a monthly compliance report on all the statutory obligations.

2. Financial Cost and Revenue Contribution

- Monitor and drive cost efficiencies.

- To initiate Cost reduction measures and periodic review & reporting

- Efficient utilization of working capital & optimization of resources.

- To efficiently draw the Receipt and Payment Plan in line with organization's year on year goals, closely monitor the same and implement corrective steps as required.

3. Managing Business Finance

- Month end provisioning to ensure smooth and correct financial closing of books of accounts

- Generation of MIS w.r.t to the overall operations of the organisation

- Dashboards on monthly basis

- Preparation of Budgets & providing Budget vs Actual analysis to the Management regularly

- Expense management within defined budgets and highlight deviations, implementing budgetary controls

- Periodical review of statement of accounts and quarterly reconciliation.

4. Audit & Taxation

- Handling statutory audits, tax audits and internal audits.

- Liaising with the auditors, providing all the information and ensuring timely completion of all audits in a smooth and efficient manner.

- Ensure timely filing of Income tax returns, Transfer Pricing certificates, GST return and other applicable regulations

- Handling assessments for both Direct and Indirect Tax matters

5. Fixed Assets & Insurance Management

- Maintaining and updating fixed assets register and verifying them on regular basis.

- Keeping FAR as per Income Tax Act.

- Ensuring all the assets are insured on real-time basis

6. Banking Relations

- To build and/or strengthen relationships with existing & new bankers, submit data, information/projections etc to bankers, reduce the cost of Capital.