Yellow Spark is seeking a Sr. Manager / Manager Finance Compliance & Admin for a wellestablished Nonprofit organization working towards ensuring healthier and happier childhoods for children in Mumbai.
Location: Mumbai (WorkfromOffice)
Salary INR 10 LPA (Negotiable for exceptional candidates)
Purpose of the Role:
The Finance Manager will oversee all aspects of financial management ensuring the organizations financial operations are efficient accurate and compliant with regulatory requirements
Lead daytoday accounting operations including accounting accounts payable payroll and grants administration
Produce financial reports maintain accurate accounting records and process financial transactions.
Oversee internal and external audits ensuring compliance with relevant regulations.
Develop and implement comprehensive financial controls and budgets to mitigate risk
Ensure accurate financial reporting compliance with accounting principles grants management standards and flawless audit result
Role & 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 functionwise budget and analysis flag off for variance
Create the Financial reporting for Donor Grants
Coordinate the preparation of financial information in the foundation s annual report
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
Oversee the development of an accounting system that provides the organization with quick access to financial information and enables strategic budgeting
Advise the key members of senior management on financial planning budgeting cash flow investment priorities and policy matters
Upgrade and implement an appropriate system of policies internal controls accounting standards and procedures.
Plan coordinate and execute the annual budget process
Be responsible for all compliances legal and accounting and report the same on a quarterly basis to the CEOs and the board of Trustees
Custodian of Physical Paperwork for all Compliances for the Foundation
Transactional Responsibilities:
Manage the Donation records i.e. ensure booking of donations received in the 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
Ensure compliance with FCRA Taxation and other charityrelated laws of charitable trust
Line management of office support staff 12 and oversight of their logistical and administrative activities
Supervise the accountant to ensure accurate booking in Zoho Books
Custodian of Petty Cash
Control and Participate in All Payment Transactions as the Checker
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
Lead Fixed Deposit and Investment Management for the Organization
Lead any Compliance Proceedings as and when required like attending to Notices or Scrutinies from Income Tax Provident Fund ESIC etc.
Represent Finance and Compliance Vertical for Donor Meetings or Donor Audits as and when required to
Requirements:
Qualifications:
A degree in Accountancy is a must
CA or MBA Finance would be preferred
Prior Experience:
6 9 years or more experience in the Development Sector
Management accounts and audit experience are required
Competencies / soft skills:
Proactive handson manager who will own in partnership with the Finance Director responsibility for the Finance Department.
Exceptional verbal and written communications skills
Excellent interpersonal skills with ability to interact effectively with both internal and external stakeholders
Excellent time management skills with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality
Excellent team management skills to lead the Finance & Admin department
Decisionmaking skills with the proven ability to make complex and timesensitive decisions in the best interests of the organization
Rolespecific technical skills:
Proficiency in Finance and Accountingrelated work with a sound understanding of FCRA requirements
Working knowledge of ZOHO books or other account software (Other than Tally)
Knowledge of financial management and compliance for Public Charitable Trusts
Sound knowledge of taxation laws and financial budgeting
Proficient in using MS Office and Google Spreadsheets
Excellent Analytical Skills
How to apply: Interested candidates please email your updated CV to