Manager - Finance and Compliances

Posted By: Toybank

Mumbai

Middle Mgt (Regional/ Zonal Manager, AVP, State /Regional Head)

Finance & Accounts

Education

Job Description

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.


Desired Candidate Profile

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. 

Organization Details

  • Organization Name:Toybank
  • About Organization:Toybank is registered as The Opentree Foundation and was founded on 15th of August, 2004. Our interventions focus on development and learning through play. We aim to provide safe and learning spaces for at-risk children who are otherwise mostly subjected to negative environments. By setting up Play2Learn Centers, our long-term goal is to be able to provide early childhood development through games and toys, and free play, helping level the playing field from early stages of life.