Head of Finance

tendersglobal.net

Job Description

Position: Finance Head

FAME India is a not-for-profit organisation established in 2001, dedicated to empowering individuals with Neuro Developmental Disabilities (NDD) and their caregivers. The organisation’s focus is on skill development through early intervention, holistic education programs, and various therapeutic services.

As a Finance head, you will be responsible for overseeing the financial activities of FAME India, forecasting financial results, managing budgets and conducting risk management.

Education & Experience:
BCom/M. Com in Accounting and Finance with 8+ years’ experience in a finance and accounting position. Professional certification such as an MBA is an added advantage. Experience in not-for-profit space is preferred.

How to Apply:
Interested candidates are requested to submit their resumes to career@fameindia.org
Applicants must complete the provided questionnaire and attach it with their resume when sending their application to the designated email address. Applications that are not fully completed will be excluded from further consideration in the next phase.

Questionnaire

Written assessments (Maximum 200 words for written responses)
What makes you the ideal candidate for this role? Please provide up to three key points, focusing on how your previous experience aligns with the primary responsibilities outlined in the job posting.
What are your motivations for seeking this position? We kindly request that you record your response in a video format, limiting it to a maximum of 2 minutes, and share it with us.

Financial Planning, reporting, and analysis:

Strategic financial planning and advising senior management.
Support in preparation of budgets, forecasts, insightful management reports.
Analysis of the financial information and providing accurate and timely reports to the management to enable decision making.
Perform analysis of budget Vs actuals for revenue, expenses and cash flows and recommend strategies to maintain healthy financial position.
Review and analyse payroll-related financial reports, ensuring accuracy and completeness, provide insights into financial reports related to payroll costs for decision-making purposes.
Provide financial guidance on the cost implications of various benefit programs.

Financial Accounting:

Overseeing the entire finance department and financial operations including its accounting practices, day-to-day functions of booking keeping, maintenance of corporate documents, management of invoices, costs, payables and cash flow.
Developing financial policies, procedures, and internal control mechanism.
Ensuring adherence to accounting standards and best practices.
Managing relationships with statutory and internal auditors and ensuring that audit process is conducted effectively.
Ensure that there is an efficient document management system.
Implement accounting software and tools required for the finance and accounting operations.

Donor Management

Building and maintaining relationships with donors and funding agencies.
Ensure Donor Reports are accurate and submitted on time.
Ensure that the commitments from the donors are tracked and follow ups for the receipt of donor commitments are done.
Assist in providing relevant financial information to the Fund Raise team for preparation of proposals.

Governance:

Support in developing governance policies and procedures like Conflict of Interest, Board meetings (frequency, quorum etc), Fund Raising Practices, POSH policies etc.
Risk Management: Implement risk management framework to ensure the effective management of the risks.

Compliance:

Ensure regulatory, contractual and internal compliances regarding all finance, accounting, tax (Income tax and GST), RBI/FCRA, internal constitutions (including trust deeds).
Ensure that the funds received from foreign donors are in compliance with the FCRA regulations and its usage is also in compliance with FCRA. Ensure accurate and timely filing of Annual Returns.
Ensure renewal of required registrations (FCRA/12A/80G etc) as required under applicable laws.
Ensure that the Legal Agreements /Contracts (HR, Rental, others ) are drafted as per the agreed terms & conditions.
Work closely with HR to manage the financial aspects of employee benefits and deductions, ensuring accurate accounting and reporting.

As our ideal candidate, you will have:

BCom/MCom in Accounting and Finance with 8+ years’ experience in a finance and accounting position. Professional certification like MBA is an added advantage. Experience in not for profit space is preferred.
Genuine passion for and commitment to the organisations mission and values.
Commitment to upholding highest ethical standards and maintaining financial transparency.
A proactive and creative approach to identifying and solving financial challenges.
Solid understanding of financial management and accounting
Knowledge of accounting software and tools
Strong analytical quantitative skills and negotiation skills.
Effective leadership skills to manage finance team and collaborate with other departments
Attention to detail
Strong and decisive judgement

To help us track our recruitment effort, please indicate in your cover/motivation letter where (tendersglobal.net) you saw this job posting.

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Head of Finance

Job Description

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