Accounts

3 weeks ago


Delhi, India American India Foundation Trust Full time

**Position -** Consultant

**Role -** Accounts

**Number of position - **One (1)

**Program -** Livelihoods

**Location -** Delhi, NCR

**Position Type -** Consultancy

**Reporting To -** Kamesh Sanghi (Director - Livelihoods)

**Duration -** 12 months

**Background**

The American India Foundation Trust is committed to improving the lives of India’s underprivileged, with a special focus on women, children, and youth. AIFT does this through high impact interventions in education, health, and livelihoods because poverty is multidimensional. Registered as a Trust in India, with an independent Board of Trustees, AIFT adheres to strict financial and governance standards, ensuring transparency, accountability, and responsible management of resources. As per statutory mandates, AIFT is also registered under FCRA, CSR, 80G, and 12A. Learn more at

**About the Livelihoods Program**

**Position purpose**:To support in day-to-day program operations related to Finance.

**Key deliverables**:
**Programme Development (Budget) & Financial Planning**:

- Provide technical assistance to program staff to support the preparation of proposal budgets, annual project and sub-award budgets and budget re-purposing (based on need) and ensuring relevant approvals are being obtained from all stakeholders.
- Prepare and review the budget narratives for proposal budgets and ensure all budgets accurately cover the personnel and operating costs in the program.
- For current and new portfolio projects prepare project budgets and budget modifications if any.
- Create and maintain Livelihoods portfolio budget tracker for continuous monitoring and tracking.

**Finance Management**:

- Collate/Analyze and report on actual and planned monthly expenditure, interpret and communicate with field managers, advise of variance against approved budget and make recommendations for corrective action.
- Coordinate, supervise, and provide all financial statements/reports to various bilateral, and multilateral donors and internal team members to ensure compliance with contractual and legal requirements.
- Carefully track and report project expenses, burn rates, and cash received from donors on a monthly basis. Alert finance and program supervisors when there are any financial risks for projects. Working closely with “Manager-Finance, National Heads & Director-Livelihoods” to keep updated the finance & operations team regarding the financial budget & reports for smooth functioning at the operational level.
- Ensure budgets and other financial information are regularly updated and represented in financial and project management systems (GMS / ERP / Any other official platform or procedure) and the google smart sheet.
- Provide technical assistance to program staff to support the preparation of proposal budgets, annual project and sub-award budgets and budget re-purposing (based on need) and ensuring relevant approvals are being obtained
- Ensure all project expenses are being verified as per the project terms and booked under relevant approved budget heads. Prepare/ support preparation of the budget revision in consultation with the respective team members.
- Perform project variance analysis and provide updated projections to support internal management and/or donor requirements.
- Coordinate with cross-functional teams in various matters and ensure financial data is provided based on need.
- Ensure clearance of staff bills as per timelines defined in an SOP.
- Ensure the program ledger is being updated by the 10th of every month and monthly expenses being tracked through the google smart sheet being maintained.
- Training on Financial planning and management for regional and state teams.

**Procurement & Asset Management**:

- Review and provide technical and financial clearance of all Livelihoods project/ program procurements.
- Create a DAF tracker and train team members/ SPOCs to update and manage for timely completion of procurements as per the requirement/ availability of budgets.
- Prepare/ maintain asset tracker for all the projects/ teams within Livelihoods portfolio.
- Review and confirm status updates to the Manager-Finance, National Heads & DirectorLivelihoods or on regular/ period basis for better management.

**Compliance**:

- Assist in responding to audit requests from donors and managing the close-out processes and ensuring there are no gaps in the utilization of funds.
- Conduct field travel to the project offices as necessary to review the financial procedures and assist managers in their needs.
- Verify the documents as per SOP for procurement-related, service-related agreements, rental agreements related to DAF further processing including approvals from concerned authorities and renewals as applicable.
- Conduct Partner financial and due diligence review
- Undertake period field visits and audits to ensure adherence to organisational policies and requisites. This is both for the direct and partner implemented projects of Livelih


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