Chief Financial Officer

The position

JOB SCOPE:

Under the overall guidance and supervision of the CEO and his/her nominee(s) the CFO is responsible for

ensuring the highest efficiency in financial resources management and the provision of accurate, thoroughly

researched and documented financial information, effective delivery of financial services, transparent utilization

of financial resources and management of the AKAH-I finance units. He/she analyses and interprets the financial

rules and regulations and provides solutions to a wide spectrum of complex financial issues.

The CFO promotes a collaborative, client-oriented approach consistent with AKAH-I rules, regulations, policies and procedures. The CFO works in close collaboration with the CEO, AKAH senior Management and Operations, and donors, ensuring successful AKAH-I performance in Finance.

The CFO will provide strategic and operational expertise and leadership, in establishing and maintaining a best-in-class department addressing financial, accounting, and risk management functions, and related administrative

matters. The incumbent shall perform the following functions.

Ensure implementation of operational strategies and procedures focusing on achievement of the following results:

Full compliance of financial activities, financial recording/reporting system and audit follow up with AKAH-I rules, regulations, policies and strategies.

Implementation of the effective internal control and functioning of the financial resources management system.

Control of the workflows in the Finance Unit.

Continuous analysis and monitoring of the financial situation, presentation of forecasts for development and management projects.

Implementation of internal standard operating procedures, cost saving and reduction strategies (including introduction and development of e-banking).

Ensure management of Fiscal Systems, focusing on the achievement of the following results:

Lead the on-going review and revision of financial policies and procedures

Prepare financial reports.

Recommend best-practice improvements.

Lead the development, design and regular updates of financial applications and databases.

Prepare, manage the budget and planning process and organize an optimal cost-recovery system, focusing on achievement of the following results:

Management of all financial resources through planning, guiding, monitoring, and controlling of the resources in accordance with AKAH-I rules and regulations.

Regular analysis and reporting on the budget approvals and the delivery situation.

Organization of cost-recovery mechanisms for services provided by AKAH-I \Collection of information on internal and external clients' satisfaction and needs in order to develop improvements to financial services.

Ensure compliance focusing on achievement of the following results:

Ensure compliance with corporate and taxation regulatory statutes and company policies.

Monitor, and initiate required changes for, operations, programs, and physical properties.

Reporting (Internal and External)

Prepare timely financial reports, cash requests and responses to general enquiries on program grants required by donor agencies and management.

Prepare documentation, budgets, reports and presentations for the Board and the AKAH-I Submission of financial reports to stakeholders on a timely and quality basis.

The requirements

Accounting, Banking, Budgeting, Forecasting

Supervise daily financial operations.

Implement effective cash and currency management instruments, including liaison with the banking and financial services industry.

Prepare quarterly forecast analysis of AKAH-I's budget (including administration and all programme grants) and design new and improved financial reports for more effective decision-making and identify new cost-effective systems.

Prepare annual financial statements for statutory purposes.

Ensure management of Audit, focusing on the achievement of following results:

Lead the implementation of external audits and reviews including donor audits with consideration to AKAH's audit requirements.

Direct internal controls processes, including liaison with Grants and Review Boards (GRB), and external auditors.

Grant Proposals

Assist the Program Officer(s) in the strategic and technical development of program proposals and budgets.

Review program proposals for completeness, strategic direction and financial soundness.

General Management

Review and analyse major contractual obligations of AKAH-I, including construction, tenancy, professional services and grant proposals.

Review all financial disbursements prior to final approval by the CEO and Board,.

Understand and meet expectations of stakeholders.

SPECIFICATIONS (MINIMUM REQUIREMENTS)

Education:

Professional accountancy designation from a recognized institution (ACCA, CA, ICMA, CPA), or a Master's degree (MBA preferred) with specialization in finance.

Experience:

Minimum 8 years of work experience in Finance, Finance administration or economics with reputable national or international NGOs.

Experience of working in a finance department with exposure to accounting, reporting and multi-currency ledgers.

Skills:

Proficiency in Microsoft Office 2013 package components.

Advanced hands-on production and adaptation of pivot tables ulas in Excel.

Use of accounting packages and databases preferred.

Technical Skills:

Fluency in English and local language(s).

Excellent written and oral communication skills.

Experience in leading and managing teams.

Other Skills:

Ability to lead strategic planning, results-based management and reporting.

Good knowledge of accounting.

Ability to successfully lead the Finance Team.

Excellent IT skills, knowledge of Financial applications.

Ability to implement new systems and affect staff behavioural/ attitudinal change.

Personal Characteristics:

Excellent interpersonal skills.

AKAH encourages local applicants specially from Mumbai.

Sector

Social Development

About the Agency

A new agency, the Aga Khan Agency for the Habitat (AKAH), works to ensure that people live in physical settings that are as safe as possible from the effects of natural disasters, that residents who do live in such high risk areas are able to cope with disasters in terms of preparedness and response, and that these settings provide access to social and financial services that lead to greater opportunities and a better quality of life. The new agency merges the activities of the Aga Khan Planning and Building Services, with its prize-winning water and sanitation programmes and low-cost habitat products, such as smoke-free stoves; the humanitarian arm of AKDN, FOCUS, which promotes disaster mitigation and resiliency and intervenes after disasters; the AKDN's Disaster Risk Management Initiative, which focuses on disaster preparedness in remote areas; and the environment- and habitat-related activities of the Aga Khan Foundation, including the Prince Sadruddin Fund for the Environment and the Foundation's highly regarded rural support programmes.

Region

South Asia

Location

India

Job Expires

30-Nov-2025

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