Financial Operations Manager

1 week ago

Mumbai, Maharashtra, India Ground Zero Full time

Ground Zero is a non-profit organization based in Mumbai, aiming to reinvent India's schools. We are building a network of schools and after-school centers that provide opportunities for low-income households to succeed.

We have two flagship programs: The Circle Incubation and The Circle Labs. Our values include Commitment to Equity, Commitment to Community, Commitment to a Holistic Vision, and Commitment to Results.

The Financial Operations Manager will play a key role in leading accounts, compliance, and finance at Ground Zero. They will report to the CFO and work closely with an outsourced accounting firm for audit, donor, and MIS closures.

Main responsibilities:

  • Budgeting and Management Information Systems (MIS): Collate and review budgets for internal and external clients, assist staff and administrators in budget preparation, implementation, and control. Perform statistical analysis of cash flow and budgets, monitor, and evaluate budgets and cash flow for appropriateness to ensure fiscal solvency and accountability.
  • Income Accounting and Donor Reporting: Ensure completeness and correctness of income, keeping in mind various statutory compliances (FCRA, ROC, Income Tax, etc.), accounting policies, and procedures. Review donor reports, plan, and meet timelines in reporting; review grant letters, funding, and entitlement reports.
  • Financial and Statutory Reporting: Prepare financial reports for various stakeholders and support the finalization of annual accounts. Liaise with auditors both internal and statutory and help address audit requirements and issues. Assist in compliance of taxation matters including filing of returns and handling of assessment proceedings as applicable.
  • Payroll: Review payroll and ensure that all salaries are credited on time, while ensuring compliance and accuracy.
  • Compliances: Responsible for compliances with reference to Companies Act, The Income Tax Act, and other Payroll compliances.

Additional Responsibilities:

  • Assist the CFO with governance and legal matters.
  • Establish and maintain high-level relationships with banking and auditing partners.

Qualifications and Skills:

  • CA or MBA Finance from a reputed institute with 2 years of work experience or B.Com graduate with 5-6 years of work experience.
  • 2 years of relevant professional experience in an NGO or social sector organization. Strong interpersonal and communication skills.
  • Strong execution abilities and problem-solving skills.
  • Ability to work independently and drive progress to goals.

Salary:**₹9-11 LPA

About Working at Ground Zero:

  • You will have the unique opportunity of working with a team that is catalyzing innovation for educators across the country.
  • You will have the privilege of championing and working towards equity.
  • You'll get to be part of a team that cares about you and your development, and you'll experience a culture that values learning and mentorship.
  • You'll get opportunities to learn from the best schools and leaders in education from India as well as across the world.
  • Our remuneration is benchmarked with top Indian NGOs.
  • We have a flexible leave policy that is rooted in trust and organizational downtime twice a year.
  • We work through a hybrid office policy which allows for multiple work-from-home days per week.

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