Position: Head Finance and Accounts

Location: Hyderabad

Qualification: CA Qualified

Experience: Min 10 years.

Significant experience in a similar position at senior management level, with ideally both NGO and private sector exposure.

Our Client is Global Non-Profit Organisation, provides a range of quality Reproductive Health Products and Services at affordable rates and providing high-quality care to support the women, Working across 37 countries, provide high quality, safe services to women.

Roles and Responsibilities:

- Provide strategic and functional leadership as part of the Senior Management Team

- Lead and manage members of the finance team to build their capacity and strengthen competency and professional development: this will help maximise the performance of the staff in the finance team and enhance their job satisfaction.

- Contribute to the strategic direction of PHSI ensuring adequate finance systems are in place to support expansion.

- Lead the annual business planning process for finance and advise on financial aspects of other areas of business planning.

Financial Management and Reporting

- Ensure timely accurate preparation of the organizations monthly financial management accounts, effective management of a team of accountants. Implementation of effective controls and processes. Identification of risks and efficacy opportunities.

- Prepare donor financial reports in line with donor reporting requirements and standards, in close liaison with budget holders and Senior Management Team (SMT).

- Coordinate the financial audit, preparation of statutory accounts and annual reports of PHSI, comprehensive planning, data preparation and coordination with PHSI internal and statutory auditors and SMT.

- Ensure contractual obligations are financially sound and appropriate for the organization. Closely monitoring all contractual obligations, raising concerns with SMT and seeking counsel where appropriate.

- Ensure total compliance of all statutory & regulatory requirements including a) FCRA b) Companies Act c) Income Tax & all other tax regulations.

- Handling of Due Diligence process, capacity audit etc. undertaken by any prospective donor/ prospective project.

Treasury

Coordinate and maintain a cash flow management and forecasting system whereby adequate funds are available for programme needs- following up and ascertaining donor cash inflows, strict expenditure control and a strong understanding of programme requirements

Budgeting

- Ensure timely preparation of annual operational and capital budgets, performing revisions where appropriate: realistic budgets prepared with budget holders as the basic guiding tool for the optimal use of resources.

- Monitor expenditure trends and provide timely advice and explanation on potential over or under spends to programme managers and senior management, to allow managers to make required adjustments to their plans with appropriate priorities.

- Monitor programme support costs and ensure they are in line with agreed budget plans: to ensure that resources are used efficiently and effectively.

- Maximize resources and funding to ensure that optimal value for money is attained for the organization. Clearly defining income / cost ratio, ensuring budget holders have appropriate finance skills and roll out training as required.

- Ensuring donor funded project budgets are effectively managed including tracking of expenditures and identifying and mitigating for any risk.

- Information Systems and Internal Controls

- Ensure organizational internal controls and systems are maintained and adhered to: Identify key risk areas and ensure these are addressed.

- Ensure any changes in legislation or organizational structure are reflected without delays in internal controls and systems: maintain effective and topical control structure.

- Be accountable for the maintenance of the anti-fraud and bribery programme in countries and for the maintenance of control systems to prevent fraud or to mitigate its impact

- Provide strategic and functional leadership as part of the Management Team

- Lead and manage members of the finance team to build their capacity and strengthen competency and professional development: this will help maximize the performance of the staff in the finance team and enhance their job satisfaction.

- Contribute to the strategic direction of PHSI ensuring adequate finance systems are in place to support expansion.

- Lead the annual business planning process for finance and advise on financial aspects of other areas of business planning.

Desired Candidate Profile

Experience

- Working within a finance function within a commercial or social business

- Proven financial management experience at senior level.

- Experience in strategic planning and execution plans to achieve objective and targets.

- Experience in change management

- Expert knowledge of financial regulations and taxation of not-for-profit including FCRA

- Leadership of teams including building capacity amongst direct reports

- Working with colleagues in geographically separate locations

Skills :

- Excellent knowledge of financial management systems and reporting.

- Knowledge of donor reporting requirements in both NGO and private sector.

- Ability to meet stringent reporting deadlines.

- Strategic thinker, excellent analytical skills

- Experience with computerized Accounting Systems; knowledge of accounting software Tally is must.

- Advance Excel skills

- Excellent verbal, written and presentation skills

Qualification and Training : Professionally Qualified CA with 10+ years of Experience.

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