Head - Finance - Non Profit Organization

Head - Finance - Non Profit Organization

Overview :

- Develop the Finance strategy in consultation with CFO and manage relationships with donors & partners

- Drive the financial planning of the company by analyzing its performance and risks

- Retain constant awareness of the company's financial position and act to prevent problems

- Set up and oversee the company's finance IT system (ERP integrated with other platforms to manage Enterprise Performance Management)

- Set targets for and supervise all accounting and finance personnel

- Oversee all audit and internal control operations

- Prepare timely and detailed reports on financial performance on a quarterly and annual basis

- Conduct analysis to make forecasts and report to upper executives

- Ensure adherence to financial laws and guidelines

- Finance Flows and Budgets : Developing, tracking, reviewing, analyzing, reporting and managing financial flows and budgets for the organization

Donor relations : Working on funder due diligence and development of core and project budgets; negotiating, coordinating and administering grants and reviewing donor contract/s. Developing budgets, utilization and overall financial reporting to donors on the utilization of funds. Comply with financial due diligences, periodic reporting (monthly, quarterly, semi-annual and annual) and audit requirements from donor/s

Internal Control Mechanisms : Enhance internal financial and administrative system and accounting practices, with the goal of timely and accurate tracking of expense on projects at PAN India level and core expenses incurred from various functions in Head Office and the field

Organizational Performance : Provide accurate financial information; reports, dashboards, KPI's to manage systems, processes and people. Overseeing, reporting and monitoring of organizational performance metrics. Provide analysis for strategic plan and guide legal issues

Compliances : Ensuring timely statutory compliances and adherence to Income Tax Act, Companies Act, 80G and FCRA regulations, Bombay Public Trust Act, PF / PT / Gratuity etc. Responsible for end to end audit management of transaction audit and process audit of Finance department.

Treasury management and Investor relations : Manage fund and cash flow (Inflow based on approved projects and outflow based on spend), Cash visibility estimation based on spend forecasting, Efficient Liquidity management, accounting of balance fund investment and plow back of interest income into respective projects.

Payroll processing : Salary processing for employees, manage consultant payments, F & F settlements, Employee / program advances, Issue of Form 16 and employee reimbursement

Asset management : Capitalization of assets, Inventorisation of donation assets, Depreciation run, Asset retirement, Physical verification of assets , Relationship Management

Reports to : Chief Financial Officer

Direct reportees : Senior Manager, MIS Manager and other key resources

- Maintain good relationship inter and intra interventions / projects in the organization

- Investor relation management ( Donor management)

- Team Development and Supervision

- Lead and guide the team in accomplishing set goals in time

- Guide and mentor team and bring in inclusive practices

- Provide mentorship for the team and provide guidance in career progress and self-development