Posted By: Toybank
Mumbai
Middle Mgt (Regional/ Zonal Manager, AVP, State /Regional Head)
Finance & Accounts
Education
OVERVIEW
Reporting to the Director of Finance, the Manager - Finance & Compliance leads all day-to-day accounting operations, with functional responsibility for accounting, accounts payable, payroll, and grants administration. Responsibilities also include production of financial reports; proper maintenance of accounting records; accurate processing of financial transactions; and administration of a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles, adhere to grants management standards, and result in flawless audits. The Finance Manager supervises the Accounting and HR Associate in the areas of benefits, administration, new-hire onboarding, and other related functions.
RESPONSIBILITIES
Reporting Responsibilities:
Assist in issuing timely, accurate, and complete financial statements for all levels, including Board of Directors, executive, and management
Create Monthly Financial MIS and monitoring of function wise budget and analysis, flag off for variance
Create the Financial reporting for Donor Grants
Coordinate the preparation of financial information in the corporate annual report
Recommend and report upon benchmarks against which to measure organizational performance
Assist in production of cash flow reports, annual budget, and forecasts
Report on actual v/s budget cost, calculate variances from the budget and report significant issues to management
Assist in budgeting of project disbursals
Provide financial analyses and models as needed, in particular for capital investments, pricing decisions, and contract negotiations
Transactional Responsibilities:
Manage the Donation records i.e. ensure booking of donations received in books of account and create and issue 80G receipts
Drawing up of the final accounts and ensuring completion of audits with internal and external auditors
Follow up on FCRA application, obtain approval through timely and appropriate follow up and liaising.
Ensure compliance with FCRA, Taxation and other charity-related laws of Society by acting as the link between the lawyers, tax consultants, FCRA (Foreign Contribution Regulations Act) advisors
Line management of office support staff (1-2) and oversight of their logistical and administrative activities
Supervise the accountant to ensure accurate booking in Zoho Books
Management Responsibilities:
Manage the Accounts payable i.e. ensure vouchers are checked and paid and report if budgets are exceeded or there are unaccounted expenses
Provide leadership to finance and accounting areas of the organization
Provide useful financial insights to help make better decisions about formulating and executing strategy, and provide guidance and analysis to executive and operational management to improve results
Prepare a variety of ad hoc financial scenarios as requested
While the above is a description of the essential functions of the position, other duties may be assigned. This job description is subject to change at the discretion of management.
? A degree in Accountancy, CA or MBA - Finance
? 5-6 years- or more experience in Development Sector
? Needs to have working knowledge of Zoho Books
? Has to be well versed in google spreadsheets and/or microsoft excel
? Knowledge of financial management and compliances for NGOs
? Proficiency in Finance and Accounting related work with a sound understanding of FCRA requirements.
? Management account and audit experience are expected.
? Good Excel skills.
Post Graduation - CA
Proactive, hands-on manager who will own, in partnership with the Finance Director, responsibility for the Finance Department
Strategic thinker who is able to organize and manage multiple priorities
Exceptional verbal and written communications skills and the ability to interact effectively with others, both internally and externally
Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality
Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
Applications can be sent to careers@toybank.org with the designation mentioned in the subject line.