Position: Manager – Finance Human Resource < Back

Position:                                MANAGER – FINANCE
Reporting To:                       Executive Director
Location:                               New Delhi
Contractual position:         up to 2 years (extendable)

Introduction:

New Education Group - Foundation for Innovation and Research in Education (NEG-FIRE) is a non-profit, non-sectarian, national NGO registered under Societies Registration Act, 1860; promoting quality Pre-primary & Primary education for marginalized communities (dalit and tribal) by partnering with grassroots NGOs, community groups, across 7 states in India. Our program focus is to ensure quality education among children of these marginalized communities through - mother tongue based multi-lingual (MTB-MLE) education intervention, inclusive practices, active participation of communities, teachers (govt.) trainings etc., which facilitate in increasing children’s performance and development within the government school system. Our inter-disciplinary professional team members are based in Delhi, Patna and Bhopal. To know more about us, please visit our website: www.negfire.org

MANAGER – FINANCE:

Role overview:

The Finance Manager will ensure that NEG-FIRE’s vision and mission is translated into robust financial policies, guidelines, operational tools and internal controls; thereby ensuring transparency and accountability.

The Finance Manager will engage with internal and external stakeholders including team, Treasurer, Governing Board, Auditors, children, community members, government representatives; through mutual-respect and with a learning intent. The Manager is responsible for creation of respectful, empowering, collaborative, and result-oriented work culture that enables the Finance team to realise their full potential.

Key Responsibilities:

Policies:

• Develop robust financial policies, monitoring tools and internal control systems; in compliance with accounting standards and procedures thereby reducing any exposure to risk, and safeguard the financial credibility of the organization.

Compliance:

• Ensure full compliances with the FCRA, FEMA, Income Tax Act, CSR1, and other applicable laws and legal aspects in relation to the organization.
• Ensure that the organisation meets all its statutory and compliance obligations, including ESI, PF, etc

Governance & Accountability:

• In consultation with the ED, provide periodic progress reports to Chairperson, Treasurer and Finance Committee
• Maintain rapport and seek guidance from the Treasurer and Finance Committee in all financial matters, as and when required
• Ensure integrity in all financial matters

Planning:

• Prepare organization-level budgets in consultation with internal stakeholders for placing before the Finance Committee and the Governing Board as per requirements
• Prepare Grants specific budgets; Quarterly Plans, forecasts,

Review, Analysis & Reporting:

• Periodically review grants - budget vs actuals; income –expenditure
• Prepare reports for the Executive Director, to ensure that all financial reporting is completed on time and submitted to donors, as per the Grants guidelines
• Prepare and share monthly financial and cash flow /fund flow reports with ED and senior managers.
• Prepare and submit utilization certificate for grants

Audits:

• Prepare and facilitate a schedule to ensure timely Statutory and Grant Audits are completed, in collaboration with respective Auditors
• Maintain Responsive relationship with Auditors

Operations Management:

• Oversee the financial operations of NEG-FIRE and ensure timely and accurate financial reports including cash management, payroll, financial disbursements, ledgers, etc.
• Ensure uninterrupted Cash flow as per the requirement for implementing the organizational mission.
• Ensure organizational internal controls and systems are maintained and adhered to; Identify key risk areas and ensure these are addressed in consultation with ED, Finance committee and the Board
• Finalisation of books of accounts and Balance Sheet
• Managing bank accounts and overseeing money transfers between national office and regional offices.

Team Management:

• Identify and assess gaps in skills and knowledge of finance team in their functional competencies
• Build capacities of project staff in maintaining good financial and accounting practices in compliance with the statutory requirements.

Educational & Professional Qualifications:

• Masters’s Degree in Accounting, Finance or MBA Finance
• 15+ years’ financial management experience in a not-for-profit society or trust
• 5+ years’ experience in a team leadership role
• Proficiency with Microsoft Office applications including Excel, Word
• Proficiency with Tally software
• Excellent verbal and business correspondence skills

Attitude and Approach:

• Results-oriented and process-driven
• Impeccable attention to detail
• Ability to detect and diffuse conflicts within team
• Adaptability to new situations
• Respect for all

Deserving candidate will be paid a consolidated Cost to the Organization of maximum Rs. 12-14 Lakhs (negotiable) per annum, (depending upon candidate’s skills, experience and current/last drawn salary) plus social security benefits and opportunities for training and development.

How to Apply:

Interested candidates should send their application and CV at careers@negfire.org

Please mention ‘Manager – Finance’ in the subject line of your e-mail.

Last date for receiving applications: 4th October 2023. Please note that only short-listed candidates will be contacted.

In case of any queries, you are requested to please write to us on the above email ID. Telephonic queries will not be entertained.