FINANCE MANAGER
SUMMARY
Finance Manager oversee the financial operations of an organization. They advise on investment plans, monitor the company’s finances and produce financial reports. They work closely with management to develop and implement strategies and plans to achieve the company’s long-term objectives. The Finance Manager is responsible for the day-to-day running of the Finance function and implementing the strategy and direction for the function, as provided by the Vice President & Directors. In addition, the role shall identify and implement systems, polices and processes for the Finance function which will improve financial monitoring, accountability and growth across the company.
KEY RESPONSIBILITIES
1 Book Keeping and Accounts.
2 Provide financial technical support to ensure books of accounts and records are properly maintained.
3 Maintain books of accounts using the recommended computerized accounting system and provide technical support services to other staff in its implementation.
4 Financial Reporting and Audit.
5 Prepare financial statements in compliance with the Generally Accepted Accounting Principles (GAAP).
6 Co-ordinate annual external audit of the financial statements.
Establish Finance
1 Accounting and Procurement Policies and Procedures.
2 Administer implementation of the Financial & Accounting and Procurement Policies & Procedures of the organization.
3 Monitoring internal financial and administrative controls.
4 Ensure that monthly bank reconciliations are done on time.
5 Perform internal audit whenever necessary.
6 Budgeting and Budgetary Controls.
7 Prepare and manage cash flows and develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
8 Human Resource and Statutory Compliance
Establish / Implement Human Resource Policy
1 Ensure the organization is fully compliant with all statutory requirements (taxes, returns to registrar of companies and other statutory bodies).
2 Ensure payrolls records are done within the statutory requirements and necessary deductions effected and remitted to statutory bodies on time.
3 Ensure that human resource practices are compliant with labour laws e.g. employees must have contractual documents and personal files are properly maintained.
4 Fixed Assets Register.
Administration
1 Co-ordinate administrative operations of the organization under the direction of Vice President.
2 Mentor the financial and administrative team.
Investments
1 Management of risks exposure to the organization’s investments.
2 Monitoring of bank accounts to ensure safety of organizational funds.
3 Maximizes return on invested funds by identifying investment opportunities and maintaining relationships with the investment market.
4 Ensure ownership of all assets by the organization.
Resource Mobilization / Fundraising
1 Develop financial sustainability strategies.
2 Develop a resource mobilization strategy.
3 Identify possible fundraising strategies.
4 Gather information on donor policies and priorities in line with the mission of the organization.
5 Facilitate co-financing opportunities for partner organizations.
6 Develop annual work plans based on the approved resource fundraising strategy.
7 Actively participate in the preparation of concept papers and project proposals to funding partners / agencies.
8 Facilitate effective communication with all donors including reporting and updates.
PERSONAL REQUIREMENTS
ACCOUNTABILITIES
WORKING CONDITIONS
Job Type: Full-time
Salary: ₹50,000.00 – ₹70,000.00 per month
Benefits:
Schedule:
Supplemental Pay:
Ability to commute/relocate:
Education:
Language:
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