Financial Analyst

The Borlaug Institute for South Asia (BISA) is a non-profit international research institute dedicated to food, nutrition, and livelihood security as well as environmental rehabilitation in South Asia, which is home to more than 300 million undernourished people. BISA is a collaborative effort involving CIMMYT and the Indian Council for Agricultural Research (ICAR). For more information, please refer to their website: http://bisa.org/.

We are seeking a dynamic, innovative, self-motivated, and service-oriented professional for the position of Financial Analyst.

The position will be based in project districts. The main responsibilities of this position will be:

• Timely updating of accounting records, including bank accounting, processing journal entries, and GL farm account reconciliations.
• Ensuring timely payment to vendors, staff advances, and claims.
• Maintaining book of accounts in accounting software.
• Preparing Bank Reconciliation Statements and other reconciliations monthly.
• Ensuring full compliance regarding IT Act, PF, GST, labor Act, etc.
• Timely closing of farm books and submission of closing documents to HQ.
• Executing month-end checklist and controls.
• Guiding farm staff members on procedures to be adhered to as per the finance policy.
• Handling and updating of monthly cash book.
• Establishing and maintaining a system of internal controls over financial reporting and compliance.
• Managing internal and external audits. Ensuring implementation of audit recommendations at farms.
• Coordinating with local bank and other authorities.
• Raising Funds Request to Delhi office.
• Reviewing the asset register prepared by the operational assistant with the books of account on a monthly basis.
• Monthly review of logbooks for vehicles.
• Monthly review of the reconciliations prepared by the operational assistant.
• Reviewing the quotes and comparative statements prepared by the Operational Assistant before sending the same to HQ for issuance of Purchase Order.
• Reviewing the Labor records/other supporting documents verified by the Operational Assistant before sending the same to HQ for processing the payments.
• Preparing the Consumables valuations.
• Preparing the Crops in field valuations.
• Performing any other duties assigned by the supervisor.

Requirements:

• Bachelor's Degree in Commerce or Business Administration.
• Experience of 5-6 years in finance, accounting, and taxation.
• Experience in the Development Sector/Not-for-Profit organizations is mandatory.
• CA Inter/CMA Inter candidates will be given preference.
• Fluent written and spoken English.
• Sound knowledge of all relevant laws and statutory legal requirements.
• Well-versed with Quick Books, MS Office packages, and other accounting software packages.
• Capability to work under pressure and manage multiple priorities.
• Necessary skills to learn quickly and flexibility to adapt to changing needs.
• The selected candidate must exhibit the following competencies: Client Orientation, Problem-Solving, Communication, Teamwork, and Achievement Orientation.

Benefits:

The position is for an initial fixed-term contract of 1 year, after which further employment is subject to performance and the continued availability of funds. CIMMYT offers an attractive remuneration package, with a range of benefits including health insurance. CIMMYT is an equal-opportunity employer and strives for staff diversity in gender and nationality. BISA offers an attractive remuneration package, with a range of benefits including health insurance.

Candidates must submit their applications no later than Thursday, 27th August 2024.

Please note that only short-listed candidates will be contacted.

Women candidates are encouraged to apply.

BISA is an equal opportunity employer. It fosters a multicultural work environment that values gender diversity.