Posted by
Posted in
Banking & Finance
Job Code
1703888

About The Company:
GDI is an incubator for transformational development ventures, working to build and scale the next generation of social impact solutions. From climate to agriculture, health to economic inclusion, they build across sectors to drive game-changing impact at scale. Whether the concepts originate from sector experts, or are developed and tested themselves, GDI creates new approaches to address persistent global issues.
GDI (South Asia) Pvt Ltd is a for profit entity legally registered in India. GDI South Asia is part of the GDI network of locally-run and independently-managed global partners with a shared vision and mission. They work with their partners in the US, Africa and Hong Kong to build knowledge and capacity in their incubation services, often collaborating across initiatives.
Over 12-36 months, GDI deploys their functional teams to help early-stage initiatives design their business strategy and model, develop their brand identity, hire and retain talent, and construct their financial and operational infrastructure. Since their founding in 2013, GDI has built a significant track record, having now shaped over 90 social impact ventures. See more on GDI's approach and work on the following website: www.globaldevincubator.org.
The Role:
The Finance and Operations Lead will be a key member of the South Asia team, effectively leading their finance, accounting and compliance function and overseeing both day-to-day operations, such as subcontracting, tax filings, invoicing, and payment management, and larger organizational activities, such as the annual audit, board/annual general meetings, and the annual budgeting process. This role will be responsible for managing a suite of operations and compliance activities for GDI South Asia and their Initiatives, ensuring those activities uphold GDI SA's policies and procedures, client requirements, and industry best practices.
The position requires initiative and resourcefulness in creative problem solving, analyzing trends and patterns to propose new procedures, and maintaining strong relationships with internal and external customers. Coordination across teams will be essential to keep the organization running smoothly. In addition, this candidate will advise and assist GDI incubated initiatives in setting up their finance and operations functions. As a leader and technical specialist within the organization, the position is expected to fully own all finance and operations workstreams and proactively provide guidance and support to initiatives, program teams, leadership and the GDI regional network.
Like every position at GDI South Asia, staff are expected to exercise a high degree of autonomy and take on significant responsibility. An ideal candidate will have broad interests and background knowledge in nonprofit operations management. The person is expected to ensure GDI South Asia's alignment with GDI regional entities.
What You'll Do:
As part of a small and growing team (<10 employees), the incumbent will need to juggle a mix of leadership, implementation and operational responsibilities.
Finance, Accounting Management & Compliance:
- Oversee and monitor performance of the external accounting firm responsible for the full cycle of accounting and associated reporting and documentation needs
- Review and ensure checks and balances are in place for key finance processes including budgeting, monthly MIS reporting - at both the initiative and the organisational level
- Monitor project expenditure to ensure compliance with budget, internal policies, client terms, and Generally Accepted Accounting Principles (GAAP)
- Support the annual audit and preparation of tax forms and filings (in conjunction with GDI SA's audit firm)
- Manage Board, AGM and Company Secretariat governance ensuring compliance to Indian laws and best practices (in partnership with the CS/audit firm)
Operations Management:
- Review, manage, and negotiate client contracts
- Manage GDI SA's insurance plans
- Act as a clearing house on work with outside counsel, including cataloging and documenting learning
- Support GDI SA/initiative subcontracting activities, including: reviewing procurement documentation, providing guidance to staff, drafting/negotiating subcontracts, ensuring subcontractor compliance with policies, procedures, and/or donor requirements, and maintaining proper files
- Provide ad hoc advisory support to GDI SA teams and leadership on questions related to compliance, budgeting, and process.
- Provide high quality, timely support to internal and external stakeholders
- Develop, refine, disseminate, and train staff on policies and procedures
- Assist with proposal preparation and related donor due diligence activities on behalf of GDI SA and its initiatives
What We're Looking For:
- 8 -10 years of relevant professional work experience, including team management in finance, accounting, and/or operations
- Demonstrated technical excellence in accounting, finance, contract management and compliance
- Outstanding analytical skills with a demonstrated ability to synthesize quantitative and qualitative data and surface clear, actionable insights for leadership
- Collaborative team contributor; excellent listening skills; effective influencer; strong interpersonal and communication skills
- Ability to self-manage work streams and tasks; self-directed and resourceful with high standards for quality output
- Ability to coach colleagues and entrepreneurs on strategy and operations skills
- A curious and creative intellect and a style that includes flexibility, levelness, and a sense of humor and humility
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Posted by
Posted in
Banking & Finance
Job Code
1703888