Posted By
Posted in
Banking & Finance
Job Code
1310780
1. POSITION VACANT: Senior Manager, Finance and Governance, Climate Group, New Delhi
2. ORGANISATIONAL BACKGROUND:
- Climate Group (CG) drives accelerated climate action. The organisation's goal is a world of net zero carbon emissions by 2050, with greater prosperity for all.
- CG focuses attention on systems with the highest emissions and where their networks have the greatest opportunity to drive change. It does this by building large and influential networks and holding organisations accountable, turning their commitments into action.
- CG shares what it achieves together to show more organisations what they can do collectively. An international non-profit organisation, founded in 2004, CG has offices in London, Amsterdam, Beijing, New Delhi, and New York.
- For more information about CG, please visit https://www.theclimategroup.org/
3. JOB DESCRIPTION/ RESPONSIBILITIES :
- CG is looking for a highly motivated, experienced and enthusiastic professional to head the finance function of its fully owned subsidiary TCCO India Projects Private Limited (TCCO India) and will be based in New Delhi. This is an exciting opportunity to work in the social impact space in climate action, in a territory which is registering the sharpest growth among CG's international offices. Apart from finance, the post-holder will head corporate governance and compliances finance and collaborate closely with the global Operations team.
- Reporting to the Executive Director India, the Senior Manager, Finance and Governance (SMFG) shall lead all financial matters, including budget development, planning and reporting, managing the accounts, payroll and financial reporting of project funded activities, sponsorships and other service contracts.
- The SMGF will also lead corporate governance, compliance, and oversee activities to ensure sound and cost-effective management of TCCO India.
- S/he will collaborate closely with the Global Operations team, including the Executive Director of Finance and IT, Director of Governance and Head of Group Financial Reporting and Control in the Head Office in London.
- The SMGF will have direct line management responsibility for the Senior Finance and Operations Officer and will be the senior Operations team member in TCCO India.
Key Job Responsibilities :
(A) Financial Management
(1) Formulate, document and implement appropriate financial management systems and processes addressing requirements of different donors, programs and diverse stakeholders whilst maintaining internal controls and ensuring efficient operation
(2) Forecast, prepare and report on TCCO India's annual budget and coordinate the management of cash flow
(3) Manage monthly and year-end closing in line with statutory requirements, statutory and tax audit management and ensuring all statutory compliances, payments and filing of returns
(4) Prepare monthly and quarterly management accounts for TCCO India, including reports on variance analysis, commentaries and cash flow projections for the ED and global leadership
(5) Provide financial management of all project-funded activities and programmes, as per the stipulations under respective contracts, and develop, maintain and monitor all fundraising and accounting systems and procedures capturing all projects, billings and receipts and for the recording of all revenue transactions, in sync with CG's global systems
(6) Work with program teams and CG's UK FP&A team on budgetary elements of funding applications, resourcing and bids
(7) Work with the Executive Director, India and Executive Director of Finance & IT and be accountable for the financial management of TCCO India, including financial strategy, operational financial management, applicable taxes, compliance with Indian tax laws and ensuring tight compliance to protect CG UK trustees and the Board of Directors in India
(8) Manage the Senior Finance and Operations Officer to ensure timely and accurate completion of the following:
(a) GST and TDS returns
(b) Draft audit accounts, including liaising with the external auditor
(c) Day-to-day financial transactions and posting of entries into Tally/ FinancialForce for staff including petty cash processing, balance sheet reconciliations, managing daily cash balances and bank statements; managing Accounts Receivable, Accounts Payable, General Ledger and Revenue Recognition
(d) Payroll processing and reporting.
(B) Governance and Compliance
(1) Work with ED, India and Global Director of Governance on organizational governance and strategy to align with the achievement of the mission
(2) Work closely with the Company Secretary and be accountable for all statutory returns such as Income tax, GST, ROC reporting (annual return), formalities for TCCO India's Board of Directors, etc.
(3) Serve as primary liaison between Climate Group UK and India legal counsel in addressing legal issues within contracts e.g., labor laws, intellectual property, governing instruments, partnerships, licensing etc
(4) Contribute to the review and update of the Risk Register
(5) Maintain and review all office policies and procedures, including health and safety, finance and environmental and ensure compliance with all relevant legislation in India.
4. QUALIFICATIONS, EXPERIENCE AND COMPETENCIES:
Qualification and Experience : Applicants must have a professional qualification in accountancy or equivalent experience.
Experience :
(1) Demonstrated experience of leading finance functions
(2) Specialist knowledge of Indian company and non-profit law and finance issues such as TDS, GST, Transfer Pricing, annual compliance and risk management
(3) Experience of contract management, corporate governance, local taxation and general financial management is desirable
(4) Experience of working in a matrixed organisation with an international presence is also desirable
(5) Experience of inter-organizational financial and legal compliance within international entities shall be an advantage.
Skills and Competencies :
(1) Drive and enthusiasm to work with a growing team in India and colleagues in Climate Group's international offices, working at pace to address the climate emergency
(2) Ability to communicate financial information clearly and effectively to finance and non-finance colleagues alike. This necessitates fluency in both written and spoken English
(3) A strategic approach to financial management, with sufficient analytical skills to take the lead in financial strategy, budgeting, variance analysis and continual improvement in TCCO India's financial management
(4) Advanced use of Tally and MS Excel, and working knowledge of MS Word, PowerPoint and ideally Salesforce
(5) Experience of producing financial consolidation and relevant local statutory accounts (including taxation technicalities)
(6) Knowledge of FinancialForce or similar software based on prior experience shall be an advantage
(7) Understanding of office management, including policy reviews
(8) Experience of managing and delivering through others.
5. COMPENSATION OFFERED:
Gross compensation budgeted for the position ranges from INR 26 to 29 lacs per annum, based on experience. Please note that the offer made to the selected candidate shall be commensurate with qualifications, experience, and salary history.
Additional benefits provided include:
(a) 25 days leave per annum
(b) Long-service holiday bonus of an additional day after three and six years of service
(c) Paid leave for volunteering, moving house and getting married
(d) Reimbursement for private medical insurance
(e) Monthly well-being allowance
(f) Hybrid and flexible working
(g) Gratuity benefit
(h) Comprehensive learning and development initiatives to help you reach your full potential.
6. LOCATION: New Delhi
7. MODE OF WORKING: Flexible and hybrid (Three days from the office and two days from home). Domestic and international travel may be required.
8. CONTACT INFORMATION:
Team SAMS
Strategic Alliance Management Services P Ltd.
Phone Nos.: 011- 4081 9900; 4165 3612
9. JOB CODE: SMFG-CG
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Posted By
Posted in
Banking & Finance
Job Code
1310780