Finance Manager
Job details
Position Overview: The Manager - Finance & Accounts will assist the CFO & CA in overseeing all financial operations, direct corporate financial planning and structure, and ensure compliance with relevant regulations. This role involves leading a team including a Deputy Manager, Assistant Manager and Associates, and encompasses responsibility for risk management, compliance, and financial reporting. Role: Manager, Finance & Accounts Vacancy: 1 Location: Mumbai, India Salary CTC approx.: The CTC offered range will be between 9 LPA to 13 LPA fixed, plus an up to 20% variable component linked to your annual performance. The CTC offered will be dependent on your performance in the interview and relevant experience & skill set. This is non-negotiable. Please participate only if you are comfortable with this CTC range. Deadline for Applications: 27th January 2025 Experience: Minimum of 6 years in accounting and finance, with a minimum of 2 years in a managerial role EDUCATIONAL QUALIFICATION: - Bachelor's degree in finance, Accounting, Commerce, or a related field (essential) Master's degree in finance, Accounting, Business Administration, or a related field (preferred). Professional Certifications such as Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent (preferred). SKILLS: -
- Strong knowledge of accounting principles, financial regulations and auditing standards.
- Excellent analytical and problem-solving skills.
- Ability to work independently and manage multiple priorities in fast-paced environment.
- Proficiency in financial software and MS Office Suite.
- Strong organizational and time-management skills.
- Excellent communication and interpersonal skills to collaborate with regulatory authorities, stakeholders and various auditors of the Foundation.
- Oversee all financial operations and direct corporate financial planning and structure.
- Coordinate, analyze, and report financial performance to management and the board of directors.
- Prepare forecasts and financial projections to support strategic decision-making.
- Develop and manage financial controls in accordance with the company’s procedures GAAP standards and regulatory requirements.
- Ensure compliance with financial regulations and standards applicable to Section 8 companies.
- Implement audit recommendations and maintain an effective control environment.
- Ensure adherence to company policies and procedures.
- Review and monitor all NGO project finances, ensuring accurate and timely financial reporting.
- Prepare financial reports for donors and stakeholders.
- Communicate financial information clearly to non-financial stakeholders.
- Ensure that grants are managed in accordance with the budgeting, reporting, donor requirements and organizational policies.
- Ensure funds are used effectively and in line with donor agreements and regulations.
- Identify financial risks and develop strategies to mitigate them.
- Develop, implement, and monitor effective internal controls to safeguard assets.
- Lead and manage the finance and accounts team, including the Deputy Manager, Assistant Manager, and Associates.
- Foster a culture of continuous improvement and professional development.
- Conduct regular performance reviews and provide guidance and support to team members.
- Collaborate with project managers, department heads, and external partners.
- Build and maintain relationships with donors, auditors, and regulatory bodies.
- Ensure effective communication and collaboration across departments and with external stakeholders.
- Evaluate the financial performance of projects and provide actionable insights.
- Conduct financial analysis to support strategic initiatives and operational efficiency.
- Accountable for the accuracy and integrity of financial records and reports.
- Ensure timely and accurate preparation of financial statements in compliance with applicable accounting standards.
- Responsible for ensuring compliance with regulatory and donor requirements.
- Accountable for the effective management of financial risks and internal controls.
- Responsible for the professional development and performance of the finance and accounts team.
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