Assistant Manager Finance

4 weeks ago

Chennai, India Project Puthri Full time

Company : Avtar Human Capital Trust.Job Title: Manager /AM –Finance and ComplianceLocation: ChennaiReporting To: Vice President – Finance & Accounts OperationsPosition OverviewThe Manager – Accounts and Finance will be responsible for overseeing the financial operations of the organization, ensuring transparency, compliance, and efficiency in the use of funds. This role involves budgeting, financial reporting, donor reporting, statutory compliance, audits, and financial analysis to support the organization’s mission and strategic goals.Key Responsibilities:-1. Financial Management & Reporting- Prepare, review, and monitor project and organizational budgets.- Maintain accurate and up-to-date financial records in accordance with applicable accounting standards.- Prepare monthly, quarterly, and annual financial reports, including donor-specific financial statements.- Analyse financial performance and provide insights for decision-making to senior management.2. Donor Compliance- Ensure financial compliance with donor agreements, including budgeting, fund utilization, and reporting.- Manage donor audits and provide necessary financial documentation.3. Statutory Compliance- Ensure timely filing of statutory returns (TDS, GST, Income Tax, FCRA, etc.).- Ensure compliance with laws applicable to NGOs/Not-for-Profits (including Companies Act, FCRA, 12A/80G, CSR compliance, etc.).- Manage the HR Compliance requirements for the trust.- Coordinate with legal and statutory auditors for annual audits and filings.4. Internal Controls & Risk Management- Develop and implement internal controls, policies, and procedures to safeguard financial resources.- Monitor cash flows and ensure sufficient liquidity for ongoing operations.- Identify financial risks and recommend mitigation strategies.Candidate profile:-Essential:- MCOM / MBA (Finance) or equivalent qualification.- Minimum 5–7 years of experience in accounts and finance, with at least 2 years in the not-for-profit sector will be preferred.- Strong knowledge of accounting standards, donor compliance, and statutory regulations.- Proficiency in accounting software (Tally ERP / QuickBooks / Zoho Books) and MS Excel.Desirable:- Experience in financial management of education or training-related projects.- Familiarity with project-based accounting and reporting.- Experience in handling FCRA and CSR-funded projects.

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