Regional Accounting Manager

4 months ago

Mumbai, India TechnoServe Full time

The Regional Accounting manager for South Africa Region and India will Work closely with the Regional Controller- Africa and India in ensuring accurate and timely monthly close of books for the regional offices, reconciling financial statements schedules and ensuring data accuracy. This position is also responsible for key activities such as monthly audit-ready close, account reconciliation and provides audit and compliance support. Frequent travel to the field offices may be required.

The ideal candidate will have experience in accounting, not-for-profit donor reporting, and familiarity with the financial monthly closing process. They will also have a desire to work in an environment that promotes open, multicultural communication and coordination.

Key responsibilities:

Financial Reporting and Accounting

Work closely with the country controllers and home office staff to ensure timely and accurate monthly close; Produce consistent and accurate supporting schedules and reconciliations for all general ledger accounts; Conduct a detailed review of the general ledger activities and make accurate and timely corrections in the books to be audit ready at all times; Review and ensure timely posting of fixed assets, depreciation, amortization and sub-award, banking and investment transactions; Ensure compliance with US GAAP, TNS’s financial policies and procedures, statutory and donor compliance requirements; Support donor, statutory and organizational audit process by preparing schedules and providing supporting documents; Ensure all Country audits are done and required filling done on time; Track audit recommendations updated in the organization information system and ensure timely implementation by the field offices. Analyze financial data and effectively communicate critical financial matters to the Regional Controller and Senior Finance Team; Work closely with the country offices and home office to ensure reconciliation of all intercompany transactions; Record and review journal entries, analyzing G/L accounts, recording adjusting journal entries, and accruing expenses each month; Ensure new leases are updated in lease folder and long term leases schedules are updated and recorded in the accounting system; Perform accounting analyses and reporting to support decision-making purposes; Ensure Country payments of taxes and filling is done in accordance to statutory requirements; Assist in updating organization-wide financial processes and policies; Assist in the implementation and training of new system and processes; Provide training and support to the country offices on a regular basis; Other ad hoc and special projects as required.

Sub-Award Management

Work with Country Finance team to ensure Subawards/ Partners Financial and Technical reports are submitted within set deadlines; Ensure Subawards/ Partner Financial reports and supporting documents are reviewed and feedback to sub awardees is provided on a timely manner; and Ensure Sub grant approval form is completed and expenses posted to the accounting system.

Award Management

Review region donor reports to ensure accuracy, correctness and compliance with donor rules and regulations; Ensure timely submission of donor reports and invoices with adherence to set milestones in the award vision.

Other Duties

Assist to ensure TNS staff are following best-practices and complying with all relevant donor rules and regulations. Provide Financial Management support to Field offices in case country Finance Controller/ Manager is on leave or resignation; Assesses the capacity of current country accounting teams and make recommendations about training needs; and Other duties as assigned by supervisor and/or Senior Finance Team

Qualifications:

Bachelor’s or Masters degree in Accounting or Finance and a minimum of 8-12 years of experience in Financial / Grants management in an international Not-for-profit organization Knowledge of fund based accounting and experience with a non-profit organization Excellent oral and written communication skills (English). Strong interpersonal cross-cultural skills

Preferred Requirements:

Certification such as CMA, CPA or other related certifications Dynamic 365 Business Central system experience Overseas experience in Africa and /or Asia Strong Knowledge of MS Excel, Word, PowerPoint and Jet.

Work timings 9.30 am – 6.30 pm with extended hours to coordinate with regional team based in Africa; 5-day week; Work from Office

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