Samhita - Chief Financial Officer

3 weeks ago

Mumbai, India Samhita Social Ventures Full time

Organisation Overview (Samhita.org)

Samhita-CGF is an impact catalyst - we are pioneers and innovators in the social space and are passionate about bringing together stakeholders from the private, public, philanthropy, social, and financial sectors, and collaborating to bring about unprecedented catalytic change. In alignment with the UNSGD's we are on a mission to positively impact 10 million lives by 2030, 50% of which will be women, by co-creating measurable, scalable and sustainable solutions that are CSR and FCRA compliant.

Over the past 14 years since our establishment, we have already impacted over 16 million lives, while partnering with 350+ social organisations, 250+ corporate and individual donors, and 30+ government foundations and international aid agencies. We aim to drive holistic social development for our participants by ensuring they are given access to multiple interventions ranging from livelihoods, skilling, social protection, digital empowerment, and financial inclusion.

Role Overview:

The Chief Financial Officer will be responsible for contributing to the organisation's financial goals and actions. The incumbent will be accountable for forecasting financial standing, cash flow analysis, profit and loss of overall business, will ensure tracking of monthly, quarterly and annual business projections, statutory compliance deliverables. Will play a critical role in analysing the company's financial strengths and focus areas and has to propose corrective actions where necessary and will drive profitable growth and deliver on the expectations of the

company's financial performance with the help of the senior leadership \ core Closely work with the CEO's of Samhita and CGF \ core team to efficiently develop budgets, proposals, financial projections and work on project and profit analysis, to ensure the annual strategy is in line with the business and financial objectives.

- Will be accountable not only for the end to end financial reporting, tracking and profit and loss of business but will also act as a revenue officer who will constantly look at all the business models, programs, costs and advise teams on building cost efficient, profitable and sustainable business models.

- Will be responsible to conduct regular financial analysis and forecasting, good understanding of FCRA regulations, Income tax, statutory regulations, GST filing and returns, tax assessment, compliances etc.

- Work with the core team to put together a plan for revenue opportunities and analyse internal operations and external trends and identify areas of cost reduction, cost optimization and process enhancement.

- Monitor business performance, project wise analysis or profit and loss and propose SOP's that will improve the efficiency and efficacy of the business.

- Will work with the CEO's to manage critical stakeholder relationships, funding proposals, forecasting of business, cash flows, design and structure innovative financial proposals which will be a win-win for both clients donors and Samhita.

- Lead and guide the accounting teams in maintaining accurate and timely financial records in line with FCRA/Non FCRA guidelines.

- Will be the face of the company to represent the company on financial matters to the board, key external stakeholders, donors, clients and internal teams.

- Provide statutory, compliance related and regulatory leadership on various risks

Skills required:

- 15+ years of experience in a financial leadership role preferably in the social \ consulting sector.

- Must be a Chartered Accountant and should have handled a leadership role for minimum of 5 years

- Experience in handling foreign donor lead grant projects and other projects will be useful

- Proven track record of developing and implementing financial strategies that drive growth and profitability

- Excellent communication skills, analytical and problem solving skills and eye for details is a must

- Experience in client facing, fund raising, designing profitable business models

- Ability to work effectively in a fast paced and dynamic environment preferred

- Handson experience in accounting, consolidation, taxation, statutory and regulatory compliances is a must

- Team player and people manager who has managed diverse and young teams and has navigated inter department coordination across organisation levels.

Work Location: Mumbai

Why Samhita?

- Make a big difference: Take, Own and implement.

- Leadership: This is the perfect opportunity to go beyond traditional roles and lead cutting edge Management and Research strategies. The candidate shall work alongside the brightest minds, in an environment that fosters growth and creativity

- Impact: Working with Samhita will provide you with an opportunity to bring about a positive change in the lives of millions

- Work Culture: Samhita has a team of young, hard-working, and dynamic individuals who strive for excellence while maintaining a humble outlook. Our work has been strengthened and supported by international and domestic donor agencies and foundations such as the Bill & Melinda Gates Foundation, The Rockefeller Foundation, Tata Trusts, GIZ, DFID, the World Bank, International Finance Corporation, UNDP and the Power of Nutrition.

- Learning: Increase your problem-solving capabilities by delving into complex challenges.

How to apply: Forward your Linkedin page or CV to careers@samhita.org, you can also apply on our careers page.

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