Job Purpose: To provide comprehensive FP&A support, ensuring timely and accurate financial reporting, analysis, and budgeting. The role involves managing and overseeing grant accounting and ensuring proper financial management of grants. This position plays a critical role in maintaining the accuracy of financial data, facilitating decision-making processes, and ensuring compliance with reporting standards and internal controls. It is also focused on delivering insightful financial analysis to support the organization's strategic initiatives and objectives. Job Outline: The job involves: - Manage accounts for institutes, grants, and contributions (including monthly invoicing), ensuring adherence to grant terms, and provide monthly updates to Research Centers & Institutes regarding grants and their utilization. - Keeping Grant Schedule up to date & provide clarifications for filing FCRA returns. - Monthly reconciliation of balances from the Bank Statement, Grant Schedule, and SAP system. - Coordinate with external auditors during grant audits, ensuring that all necessary documentation and information is provided for review. - Support the FP&A function with the Annual Budget and Quarterly Projections, prepare monthly management reports and schedules, and provide insights and summaries to aid decision-making and planning processes. - Prepare program wise profitability and cost allocations. - Oversee the Expense Management System, including budget uploads, coordination for creating Internal Orders (IOs), updating master data, and resolving queries. - Coordinating with statutory auditors, cost and internal auditors. - Governance of Expense Management System including budget uploads, coordination for creation of IO's, updating masters, query resolution etc. - Budget Management through budget uploads in Fund Centers & Internal Orders (IOs), overseeing usage, preparation of schedules & statements, and resolution of budget error inquiries. - Scrutinizing Actual Financial data for General Ledger (GL), Cost Centre (CC) & Fund usage, spot any irregularities and make necessary corrections. - Actively participating in and contributing to various departmental initiatives and projects, including SAP enhancements and automation. - Ensuring compliance with the financial policies and internal controls. - Perform ad-hoc financial analysis and reporting to address specific business needs or requests from leadership. - On-the-job training of direct reports and reviewing their developmental needs. Job Specification: Knowledge: Qualification: MCom Skills: Technical: - Accounting, Advanced Excel, Analytical and Presentation skills. - SAP knowledge. Behavioural: - Good Communication Skills, Time Management, Attention to Detail, Proactive Mindset & Collaboration. Experience: - 3-5 years in the finance/accounts department of a reputed organisation/practice. Job Interface/Relationships: Internal: - All the departments at both campuses. External: - Banks. - Auditors. - CA firms. - Tax authorities. KPI Grant accounting: - KRA Timely and accurate accounting, ensuring adherence to grant conditions; preparation of grant utilization reports and co-ordination with grant cell & RCIs. - Measure Compliances to policies and processes and clean audit reports. - Weightage 40%. - KPI Financial Reporting & Budget Management. - KRA Support during Annual Budgeting & Quarterly Projections, Monthly Financial Reporting. - Measure Timely & accurate reporting. - Weightage 40%. - KPI Internal Audit & Cost Audit support. - KRA Providing all the necessary inputs to auditors, timely completion of audit & ensuring the audit observations are addressed as per the agreed timelines. - Measure Adherence to timelines and completion of audit within the specified time. - Weightage 10%. - KPI_ People Development, Process improvement and cross collaboration Inter departments. - KRA Developmental training needs of the team members and resolving issues and queries across departments. - Measure Ensuring proper coordination : Weightage 10%

Punjab

ISB - Manager - Finance 

Job Description for ISB - Manager - Finance  in INDIAN SCHOOL OF BUSINESS in  Punjab for (2-4) years of experience. Apply Now!