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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.
Accounting
Prepare financial statements and reports, including balance sheets, income statements, and cash flow statements
Analyze financial data and identify trends, patterns, and discrepancies
Prepare and submit tax returns, including income tax, GST, and other tax filings
Perform monthly, quarterly, and annual account reconciliations and closing procedures
Prepare and maintain budgets and forecasts
Monitor financial transactions and ensure that they are processed accurately and in a timely manner
Respond to financial inquiries from other departments and external stakeholders
Strong understanding of accounting principles and regulations
Proficiency in accounting software Tally 9.2 and Microsoft Excel
Invoices, vouchers and payment management
Financial System Management
Manage 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 NGOs
Financial Management
Managing finances of projects/programmes/portfolio services
Realization of payments from clients
Preparation of client financial reports
Ensuring timely disbursement of all payments and salaries
Cash flow management in close coordination with the Programme Lead and CEO
Monthly forecasts based on close coordination with portfolio and programme teams.
Analysis of costs and support in pricing of services
Prepare 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 organization
Raising 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 payments
Compliances:
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 transactions
Administration:
Establish an effective procurement policy and facilitate procurement processes as per the organizational guidelines and requirements.
Education Qualification
A master's degree and prior NGO experience will be given preference.
Having understanding of FCRA will be beneficial.
5. Professional Experience & Skills
4-5 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 skills
Passion 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
