Finance Coordinator

2 weeks ago


Delhi Delhi, India Better Cotton Full time

**Starting Date**:ASAP

**Contract type**: Full-time and open-ended

**Salary**: Competitive salary commensurate with experience

**Location**: New Delhi, India

**Application closing date**:20-12-2024

**About the Job**

This position at Better Cotton office in India will report to the Finance and Operations Manager and will play a crucial role in accounting, financial management, reporting and other associated activities for India Office. Amongst others, this shall involve maintaining accounting systems, compliances, budgeting and reporting. The role will cover areas of finance and operations and will act as lynchpin between the global Better Cotton finance department and financial reporting activities for the Indian entity, working in close communications with global operations, as necessary.

A high degree of organisation and professionalism, resourcefulness, and efficiency, as well as the ability to thrive in a fast-paced environment will be key. An interest in supporting efforts to create a most sustainable world will round off the profile. This challenging role offers excellent opportunities for personal and professional development, together with a competitive benefits package.

Whilst formally based in New Delhi, experience in working remotely with an ability to connect and build trusted virtual relationships is essential.

**The Challenge**

Looking ahead to 2030, we are targeting reducing GHG emissions from cotton production by half, big cuts in synthetic pesticide use, improve soil health across our network, improve farm income and support women’s empowerment among farmers and farm workers.

As Senior Communications Manager, you will be responsible for ensuring our external and internal communications are impactful, connect with our audiences and reflect the strength of our value proposition.

**Areas that play to your strengths**

We are seeking a motivated **Finance Coordinator** to join our **Finance** **Team**. In this role, you will be responsible for:
**Financial Accounting, Coordination and Support**:

- Ensures financial management, control and regulatory compliances by adhering to the organization’s policy at the Country Office.
- Maintains accounting systems and processes, contributes to identification and development of process improvements, as needed and provides requisite support into their implementation.
- Ensures review of organizational budget performance against verticals’ annual budgets, forecasting expenses and tracking ongoing commitments against the approved allocations.
- Analyses funds requirements, initiates recommendations for their withdrawal and timely requests for their receipts.
- Advises Manager Finance & Operations on issues, trends, and changes in financial operating performance and operational delivery; proactively communicating issues that are anticipated before they arise.
- Assists in implementing objectives and measurable metrics for Finance vertical performance both for individual Team members and the team.
- Undertakes BCI financial administration processes with specific responsibility for India office financial transactions and processes including payments, invoices, staff expense claims, field partners and other fund recipients, petty cash, entries into accounting software, preparing and sending out-going invoices, monitoring contracts, to ensure good financial management.
- Liaises with global finance team to ensure adherence to global guidance and requirements
- Supports Finance and Operations Manager in ensuring implementation of policies and procedures as laid down in their refinement and documentation, to ensure appropriate internal checks and controls.
- Conducts reconciliations - for bank, sub-ledgers, advances, accounts payables and receivables and support audits/reviews.
- Ensures donors' accounting and finance requirements adhere to contract requirements and supports preapproval and approval processes in a timely manner.
- Processes payroll disbursements and associated functions including tax, employment benefits etc in timely manner and in accordance with applicable rules and guidelines.

**Budgeting (Preparation, Monitoring and Reporting)**:

- Coordinates budget development processes at country level, preparing budget reports and forecasts, periodical plans, variance analysis and other similar MIS reports in a timely manner.
- Supports, coaches and guides budget holders in budget establishment and monitoring activities.
- Contributes efficiently in timely reporting on financial data for global consolidation deadline and supports global Finance team with financial/donor reporting, as required.
- In collaboration with the Finance and Operations Manager, identifies areas of efficiency in budget and its monitoring process.

**Other**:

- Provides support in new initiatives e.g new entity establishment.
- Supports office operations.
- Overseas the work of Sr Finance and Operations Officer.
- Perform other tasks/duties as assigned by reporti



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