Finance Manager

1. POSITION VACANT: Finance Manager, International Not-for-Profit Organisation, New Delhi

2. ORGANIZATIONAL BACKGROUND:

Our client is a respected, international, not-for-profit organisation entity focused on developing and delivering innovative treatments for diseases that primarily affect vulnerable populations in low-income regions. Their innovative projects have helped address critical gaps in healthcare by tackling life-threatening conditions that disproportionately impact the worlds poorest and most marginalized communities.

3. JOB DESCRIPTION/ RESPONSIBILITIES:

The Finance Manager (FM) will oversee the financial processes, audits, and statutory compliances for the global office, ensure effective grant management for regional projects, and maintain accurate financial records. This role will involve close collaboration with regional and global teams to develop and manage budgets and ensure payroll aligns with local compliances. The FM will also be responsible for internal and external reporting and other financial processes for the regions entities.

The FM will also lead and mentor the finance and administration team, ensuring timely task delivery, adherence to local and global policies, and compliance with statutory requirements.

Key Job Responsibilities:

A. Regulatory Compliance and Financial Audits

(1) Ensure timely submission of required information to relevant authorities (e.g. Financial and Tax Departments, Central Banks) for all legal entities operating in the region;

(2) Act as the primary point of contact for internal and external audits;

(3) Ensure compliance with organizational finance and administration policies through periodic team training;

(4) Oversee statutory filings, including TDS, GST, corporate filings, income tax returns, and other required submissions;

(5) Manage governance compliance, such as preparing board meeting agendas, minutes, and related records;

(6) Prepare financial statements in compliance with local regulatory requirements;

(7) Coordinate with consultants to meet statutory compliance deadlines effectively.

B. Budget Development and Monitoring

(1) Collaborate on the preparation and periodic updates of regional budgets, ensuring accuracy and alignment with organizational objectives;

(2) Monitor project expenses and address budget variances;

(3) Provide regular budget updates and analyses to internal teams;

(4) Ensure the timely development and updates of budgets, adhering to established timelines.

C. Grant Management and Reporting

(1) Collaborate with teams to develop project proposals and financial plans;

(2) Review grant contracts for compliance and communicate key details to stakeholders;

(3) Prepare financial reports for donors and ensure timely submission;

(4) Ensure donor reporting aligns with contractual and financial requirements;

(5) Track donor payments and manage follow-ups on delays;

(6) Support preparation for donor audits, providing necessary information to the relevant team.

D. Team Leadership and Development

(1) Lead and mentor the finance and administration team to ensure timely delivery of tasks;

(2) Monitor team performance, provide regular feedback, and ensure alignment with organizational objectives and compliance standards.

E. Administrative Support

(1) Assist with local procurement in accordance with organizational policies;

(2) Support the implementation of office insurance policies;

(3) Oversee payroll preparation, ensuring compliance with statutory requirements such as PF, TDS, and accruals for leave and gratuity.

5. QUALIFICATIONS, EXPERIENCE AND COMPETENCIES:

Qualification:

(1) Applicants must have Master's degree in Finance;

(2) Candidates with a professional qualification in accounts such as ACA/FCA, CMA, or CFA shall be preferred. Chartered Accountants shall be at an advantage.

Experience:

(1) Minimum 10 to 12 years of relevant experience, including five years of experience in a team leadership role;

(2) Experience of working in both the private and INGO sectors is highly desirable;

(3) Prior experience in an audit firm shall be an advantage.

Skills and Competencies:

(1) Fluency in English;

(2) Proficiency in local languages is desirable;

(3) Strong understanding of financial regulations and tax laws;

(4) Advanced Excel skills;

(5) Knowledge of Microsoft Suite;

6. COMPENSATION OFFERED:

Gross compensation budgeted for the position is attractive. The offer made to the selected candidate shall be commensurate with qualifications, experience, and salary history.

7. LOCATION: New Delhi

8. REFERENCE: FM-INPO

9. CONTACT INFORMATION:

Team SAMS

Strategic Alliance Management Services P Ltd.

1/1B, Choudhary Hetram House, Bharat Nagar

New Friends Colony, New Delhi

Phone Nos.: ;

10. APPLICATION PROCESS:

Eligible candidates interested in this position are requested to apply using the link by or before December 15, 2024.