Leading Financial Operations Specialist

10 hours ago

Hyderabad Secunderabad Telangana, India beBeeFinancial Full time ₹ 15,00,000 - ₹ 28,00,000
Financial Management Lead

The Financial Management Lead will play a pivotal role in overseeing the financial operations of our organization. This involves ensuring accurate financial reporting, compliance with statutory requirements, and providing essential financial support to various programs.

Key Responsibilities:
  • Payment & Financial Support:
    • Ensure timely release of payments to operations, vendors, service providers, and staff for travel and operational activities.
    • Verify supporting bills, documents, and approvals, ensuring compliance with statutory deductions before releasing payments.
    • Coordinate with vendors, field units, and staff to ensure timely receipt of bills and claims, maintaining trackers and timelines.
    • Address any deviations in policies or delays, streamlining systems and practices for better efficiency.
  • Accounting & Financial Reporting:
    • Maintain accurate books of accounts in accordance with Generally Accepted Accounting Principles (GAAP) and statutory requirements.
    • Ensure timely closure of monthly and annual accounts, passing necessary annual closure entries.
    • Prepare annual financial statements, donor utilization statements, and monthly grant utilization reports.
    • Ensure monthly collection and payment of Income Tax, GST, EPF, and Professional Tax.
  • Audit & Compliance:
    • Coordinate and prepare for quarterly internal audits, statutory audits, and donor audits.
    • Provide necessary information and clarifications to internal and statutory auditors.
    • Liaise with banks to ensure smooth banking operations and maintain good relationships with bank officials.
  • Advances & Fee Collections:
    • Ensure timely settlement of vendor, operational, and staff advances.
    • Review monthly rental, vendor, and staff advances and ensure timely reconciliation.
    • Ensure proper fee collection and submit monthly fee collection reports.
  • Training & Staff Support:
    • Provide training to staff on financial management systems.
    • Assist in preparation of Budget vs. Actual reports to ensure proper financial planning and execution.

This role offers an opportunity to contribute to a meaningful cause while enhancing your financial expertise in a dynamic, mission-driven environment.

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