Governance & Finance Officer

Posted By: Synergy Sansthan

Harda Khas

Junior Management

Program Implementation

Youth

Job Description

How to apply:

1. Use this link for share CV and details: https://forms.gle/TP4vH4wSNEpXZcuY8

2. And send CV via Email with subject line “Application for governance & Finance officer” at apply@synergysansthan.com

3. Salary: Negotiable

4. Office Place: Harda, District of Madhya Pradesh


About Synergy Sansthan:

Synergy Sansthan is a community-based youth-led organization that aims to empower children, adolescents and youth belonging to rural and tribal communities of Madhya Pradesh to realize their potential, build their capacities, become aware citizens, and take leadership to ensure social inclusion, peace, and justice in the society.

About Job:

“Governance & Finance officer” will be responsible for the overall governance & finance management of the organization. Budgeting, forecasting, finance controlling, lead the HR, Admin, and accounts. Also responsible to finance and governance reporting and compliance for the FCRA, Society registration, Income tax, Provident funds, Professional tax etc. Governance & Finance officer responsible for this area of the organization 1) finance, Budgeting & Accounts, 2) operations, including human resources and IT, and 3) Governance.4) Lead the Admin 5) Management (Assets, office, reporting etc.) Overall Accounting; Governance; Statutory Compliances; Managing the Budgets; Controls; Cash Flow; Fund Management; Investments; Projections; Audits; Adherence to Board / Audit Committee Requirements; Financial well-being; Productivity Management; Performance Management; Annual Budgets and Controls; Annual Statutory and Internal Audits; Process Audits; Financial Projections and People Management etc. - S/he will be a senior member of the Management and work very closely with all Leadership Team Members and Board Members in ensuring financial discipline and governance for the Foundation.


Experience required:

5-8 year experience required for the governance & finance related work especially in NGOs.

Salary:

Negotiable

Skills required:

Excellency in Tally work (Cost Centre, Budgeting, Audit, addons), Execele, PowerPoints, use of AI, Expert in Budget making, costing, Reporting, procurement expertise, and other management skill, etc. For governance Knowledge about organize board meeting, writing meeting minutes, FCRA and other income tax rules and filings, PF challan generate, payment etc.



Details Job responsibility:

BUDGETING & FINANCIAL PLANNING & ANALYSIS (FPA) :

1. Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions and cost controls.

2. Establishing a strategic cost management system for monitoring various overheads and devising product costing techniques.

3. Generating various MIS reports & monitoring movement of key business indicators viz. Debtors Control & Fund Flow Management, costs & inventory management to facilitate the decision-making process.

4. Financial planning & analysis, Budgeting & Finance control: Create, coordinate, and evaluate the financial programs of the foundation and implement sound financial planning, budgeting, tax planning, and asset management practices.

5. Formulating Annual Budgets (Operating and Capex) across the SYNERGY SANSTHAN’s Programs.

6. Review on a periodic basis financial performance and provide Forecast for the year; Provide scenario analysis for various options / strategies provided by management.

7. Developing mitigation strategy of projects risk through project short term & long-term liquidity requirements.

FUND MANAGEMENT & FINANCIAL ACCOUNTING:


8. Screening new projects from pre-sanctioned stage and conducting feasibility studies to determine the financial viability of new ventures, projecting cash flow and growth opportunities.

9. Liaising with financial institutions and Banks for raising fund and non-fund-based facilities at favourable terms to meet working capital & term loan requirements for the projects. Dealing with banks on pre and post sanction formalities and routine matters based on Organizational needs.

10. Capital expenditure plan and analyzing the variance, if any.

11. Fund position on a regular basis to ensure proper and effective utilization of available resources to maximize returns.

12. Directly over-arching management of working capital & project capital ,keeping in mind requirements of various stakeholders in the foundation.

13. Preparation of Financial Modelling, Project Reports for new projects & Expansions, Manage all activities connected to funding tie-up & financial closure, up to disbursement.

14. Liaison with regulatory authorities for sanctions & approval.

15. Cash Credit limit operations for Stock and Book Debts, Drawing power adjustments, if any.

16. Designing and implementing systems & procedures; supervising the consolidation of group accounts and financial statements as per Indian standards.


Location: Harda, Madhya Pradesh


Eligibility Criteria

Not Specified

Desired Candidate Profile

Graduation - Graduate-Other


Organization Details

  • Organization Name:Synergy Sansthan
  • About Organization:Synergy Sansthan is a youth led organization. Since its inception, Synergy has been working in the socially backward Harda and nearby districts of Madhya Pradesh. The marginalized rural communities we work with face numerous challenges which make them vulnerable. We believe that Adolescent and youth have a fundamental role to play in leading social change and enabling their communities to overcome these vulnerabilities. Therefore the focus of our work is on developing the life competencies and leadership capacities of adolescents and youth. We adopt a child-centric and youth-centric approach in our work, whereby, the needs & aspirations of adolescents & youth across different life stages are central to the design & development of all our interventions. Through such interventions, we focus on individuals and their self-transformation, by providing them with the space and platform for exposure, learning and leadership development. We also encourage other stakeholders in the larger ecosys

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