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Senior Officer Accounts
2 months ago
The Senior Officer (Finance and Accounts) is expected to handle the following responsibilities, and any other that is allocated to her/him.
AccountingPrepare financial statements and reports, including balance sheets, income statements, and cash flow statementsAnalyze financial data and identify trends, patterns, and discrepanciesPrepare and submit tax returns, including income tax, GST, and other tax filingsPerform monthly, quarterly, and annual account reconciliations and closing proceduresPrepare and maintain budgets and forecastsMonitor financial transactions and ensure that they are processed accurately and in a timely mannerRespond to financial inquiries from other departments and external stakeholdersStrong understanding of accounting principles and regulationsProficiency in accounting software Tally 9.2 and Microsoft ExcelInvoices, vouchers and payment managementFinancial System ManagementManage effective finance and accounting system.Manage a reporting system for review of financial/account statements (weekly, monthly, quarterly and annually) of finances/accounts to the management.Manage an Internal Audit system for the overall Finance, Account and administration functions.Keeping abreast of latest developments in market on finance and accounting and related compliances especially relating to FCRA or specific rules relating to NGOsFinancial ManagementManaging finances of projects/programmes/portfolio servicesRealization of payments from clientsPreparation of client financial reportsEnsuring timely disbursement of all payments and salariesCash flow management in close coordination with the Programme Lead and CEOMonthly forecasts based on close coordination with portfolio and programme teams.Analysis of costs and support in pricing of servicesPrepare monthly and annual budgets and monitor deviations.Prepare quarterly and annual analysis of expenditure and monitor trend.Introduce systems to reduce unnecessary expenditures and ensure cost effective operations.Bank Account management for the organizationRaising timely alerts to senior management to ensure effective cash flow.Contract Management:Manage consultancy contracts (Invoicing, payments, tax related queries etc.).Manage contracts with clients/ funders/partners – Provide advice on tax related matters in contracts, maintain payment and receipt schedules, invoice preparation, query management with regards to paymentsCompliances:Responsible for annual audited accounts including generation of financial statements and coordination with internal and external auditors.Responsible for all statutory and non-statutory compliances, including finance and HR.Timely filing of returns (TDS, GST and FCRA)Management of overseas contracts financial transactionsAdministration:Establish an effective procurement policy and facilitate procurement processes as per the organizational guidelines and requirements.
Education QualificationA master's degree and prior NGO experience will be given preference.Having understanding of FCRA will be beneficial.
5. Professional Experience & Skills4-5 years of experience in managing accounts and finance of organizations. Experience of managing NGO accounts is preferred.Thorough knowledge of Indian regulations and compliance needs.Proficiency in oral and written communication skills (English, Hindi).Adept at using MS Office.Strong Leadership and managerial skillsPassion to work in a startup.High on integrity and teamwork.Attention to detail.Ability to meet deadlines and work under pressure.Strong interpersonal communication skills
Salary Budget -
Upto 8 lakhs
