Accounts Officer

1 week ago

Delhi, Delhi, India Youth Dreamers Foundation Full time

JD:
Accounts Officer

About the Organization
Youth Dreamers Foundation (YDF) is a not-for-profit organization registered under Sec 8 (1) of the Companies Act, 2015.

YDF intends to realize an "equal opportunity" approach in accessing higher education to make higher education more inclusive, accessible, and affordable for marginalized sections of society.


About the Position


Account Associate willreport to the Director and shall be responsible for handling all legal compliance matters, internal controls and audits, reporting, banking relationships and payments while ensuring the authenticity, integrity, existence, accuracy, authorization, and veracity of all financial transactions in the accounting system.


Overview
-
Job Type: Full-time; contract to be renewed annually
-
Salary:
/Per Month (commensurate with experience and expertise)

-
Location: YDF Office

-
Reporting: Program Manager & Finance Manager

Key responsibilities
Account Associate is expected to take up the following responsibilities:
○ Create, review, and ensure completeness and accuracy of all transactions (income, unutilized grants, overheads recovery, accruals, provision for expenses etc.)

○ Prepare and process salaries of all the employees. Manage entire process (applicability, deduction, deposit and returns) of employee-related statutory payments of TDS, PF, and professional tax if applicable

○ Prepare monthly variance analysis reports (budget vs actual), cash flow, funds flow, budget vs utilization, utilization certificates as per bank accounts for each project and consolidated reports for the organization as a whole

○ Support internal and statutory audits, ensure timely preparation of financial statements and related schedules, and ensure timely completion of audits with unqualified reports. Ensure strict compliance with project codes /cost centers, allocation, and update accounting system as per donor reporting requirements

○ Review all grant/ project agreements to ensure that amounts due are requested as per the mutually agreed timelines. Escalate any overdue amounts to senior management

○ Review and book the team monthly reimbursement and tracking of the Same, Issuance of advance as per need and approval

○ Support to create SOPs as per need basis like reimbursements & Claims, Inventory, Assets management policy etc.

○ Coordinate with central and state team and auditor on regular basis as per need

○ Rotating monthly audits of inventories / Enter final inventory totals into spreadsheet

○ Process authorized purchase requests as needed

○ Play a super-user role for Tally and ensure full utilization of its capabilities; Improve and manage controls in Tally

As a Team Member:

  • Participate in team meetings and activities (accounts related)
  • Participate in objective setting, performance management
  • Participate in special projects to improve processes, tools, systems, and organization
  • Participate in planning and implementing personal and career development activities
  • Actively develop jobrelated skills and regularly participate in conferences/ training/ workshops to upgrade technical knowledge

Desired Profile

  • B.Com. or its equivalent
  • Experience: Minimum 3 to 5 years of experience in accounting practices, 2 years of NGO accounting experience is desirable
  • Tally and knowledge of all features and functionalities
  • Knowledge of MS office, at google spreadsheet
  • Familiarity with FCRA compliance and understanding of donor audits will be an advantage

Essential Skills and Competencies

  • Methodical with a very high level of attention to detail & strong analytical and problemsolving skills
  • Effective written and verbal communication and excellent knowledge of English and Hindi languages
  • Very high level of commitment and integrity
  • Ability to work effectively both independently and as part of a team

How to Apply

  • CV (not more than 2 pages long)
  • Cover letter (relevant work experience brief)

Job Types:
Full-time, Regular / Permanent

Salary:
Up to ₹40,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Health insurance

Schedule:

  • Day shift

Ability to commute/relocate:

  • Delhi, Delhi: Reliably commute or planning to relocate before starting work (required)

Education:

  • Master's (preferred)

Experience:

  • Accounting: 3 years (required)
- total work: 3 years (required)

Speak with the employer
Application Deadline: 07/07/2023

Expected Start Date: 10/07/2023

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