Indian School Of Development Management - Director - Finance & Operations

The Director of Finance and Operations is responsible for managing the financial, digital and administrative functions of the organization. This role ensures compliance with financial regulations, including the Foreign Contribution Regulation Act (FCRA), and supports the organization's mission through effective financial planning, management, and administrative oversight.

As a member of the Leadership Team (Panchayat), the position will provide leadership to the Finance function and also assume a strategic role in the overall financial management of the organization. The position will be responsible for developing the organization's financial strategy, stewardship of financial assets cum resources and ensuring that the financial and operational assets are properly deployed. In addition to this the person will be responsible for the overall digital strategy of the organisation.

Key Responsibilities

Financial Management:

- Develop and implement financial strategies, policies, and procedures to support the organization's objectives.

- Prepare, manage, and monitor the annual budget and financial forecasts.

- Oversee the preparation of accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.

- Ensure compliance with financial regulations, including FCRA, tax laws, and donor requirements.

- Manage and oversee the financial reporting process, including reports for donors, management, and the board of directors.

- Conduct financial analysis to support decision-making and strategic planning.

Compliance and Risk Management:

- Ensure compliance with FCRA regulations, including timely submission of returns and reports.

- Develop and maintain strong internal controls to safeguard the organization's assets.

- Coordinate and support external audits and implement audit recommendations.

- Identify and manage financial risks, including those related to foreign exchange, credit, and liquidity.

Fund Management:

- Manage donor funds, ensuring they are used effectively and reported accurately.

- Prepare financial reports for donors, ensuring adherence to donor requirements and timelines.

- Monitor and manage cash flow to ensure the organization's financial stability.

Administrative Management:

- Oversee the day-to-day administrative operations of the organization.

- Develop and implement administrative policies and procedures.

- Ensure the efficient management of office space, equipment, and supplies.

- Oversee facility management, ensuring a safe and secure working environment.

- Coordinate the organization of events, meetings, and conferences.

- Manage relationships with vendors and service providers, including negotiating and overseeing contracts and agreements.

Digital and Systems Management:

- Oversee the organization's IT infrastructure, including hardware, software, networks, and systems.

- Ensure the reliability, security, and efficiency of IT systems.

- Provide oversight to staff, addressing IT-related issues and concerns.

- Provide oversight to implementation of data management policies and procedures, ensuring data -security and integrity.

Qualifications and Experience:

- Bachelor's degree in Finance, Accounting, Business Administration, or a related field; Master's degree preferred.

- Professional accounting qualification (e.g., CPA, CA, ACCA) is desirable.

- Minimum of 20 years of experience in financial management and administration, preferably in the NGO sector.

- Strong knowledge of FCRA regulations and compliance requirements.

- Familiarity with the working environment and professional standards of large high grade nonprofit organizations

- Experience in budgeting, financial planning, and analysis.

- Proven track record of managing donor funds and preparing financial reports for donors.

- Strong understanding of internal controls and risk management.

- Understanding and working knowledge of accounting software and MS Office, especially Excel.

- Excellent organizational, analytical, and problem-solving skills.

- Strong communication and interpersonal skills.

Personal Attributes:

- High level of integrity and ethical standards.

- Detail-oriented and committed to accuracy.

- Ability to work independently and as part of a team.

- Strong leadership and management skills.

- Adaptable and able to manage multiple priorities.