Finance & Grants Assistant

3 days ago

New Delhi, India RTI International Full time

Overview

RTI is hiring a Finance and Grants Assistant for its USAID-funded Task Order Technical Support for South Asia Regional Energy Partnership (SAREP) activity. This position will be based in New Delhi, India

**Responsibilities**:
**Finance Management**:
***
- Support in Preparing monthly cash requests and ensure that the project bank account is sufficiently funded to meet expenditure requirements.
- Check invoices received from vendors, consultants and claims received from project staff in India and other SAREP countries.
- Ensure accuracy of invoicing for seeking input credit for GST
- Ensure compliance with applicable local laws in terms of deduction / withholding of tax at source, Reverse charge on GST and so on.
- Reconcile bank balance on a weekly basis and prepare a monthly bank reconciliation statement.
- Record financial transactions in Quick Books and close the accounts monthly.
- Support in preparing the required financial statements monthly for reporting project expenditure to the international field accounting team.
- Keep a track of advances paid to vendors and staff and ensure timely settlement.
- Support the monthly/annually financial closing process in September and March each year.
- Review expenses and financial transactions to ensure it is compliance with RTI procedures and terms of the agreement.
- Coordinate the timely processing and payment of all staff travel claims, vendor and supplier payments, and other transactions with the accountant.
- Perform other tasks as assigned by his/her supervisors.

**Grants Management**:

- Support the Grants Manager in reviewing monthly invoices and tax refund claims received from all SAREP grantees.
- Review the quarterly financial statements received from Grantees and reconcile these with the monthly invoices.
- Keep track of the leverage reported by Grantees if any.
- Support the process of obtaining GST refund from USAID for grantees and maintain necessary tracking sheets and documentation.
- Keep track of assets procured by grantees through project funds.
- Keep track to technical and financial reports received from Grantees and upload these on GMS.
- Maintain necessary files in connection to Grant issued.

**Qualifications**:

- Master’s degree in accountancy, finance, business administration (specializing in finance), or other relevant field, or equivalent with 1 years of experience, or a bachelor’s degree in finance, commerce or accountancy and 3 years of experience.
- Demonstrated experience in supporting finance tasks for a USAID-funded project of a similar size and complexity is desirable

As a global employer of choice, RTI is committed to equity, diversity, inclusion and belonging in the workplace and the communities and markets where we serve our mission. We value diversity of thought, culture, background and perspective and welcome applicants without regard to race, color, religion, sex, age, marital status, sexual orientation, gender identity, national origin, creed, citizenship status, disability, protected veteran status, or any other classification protected by applicable discrimination laws or RTI policy.
We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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