Manager – Finance

New Education Group - Foundation for Innovation and Research in Education (NEG-FIRE)

New Education Group - Foundation for Innovation and Research in Education (NEG-FIRE) is a national NGO; promoting quality Pre-primary & Primary education for marginalized communities (dalit and tribal) currently working 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) approach, 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 placed across various locations - Delhi, Bihar, MP, Odisha and Andhra Pradesh. To know more about us, please visit our website: www.negfire.org
 
JOB DESCRIPTION
 
Position Title:
MANAGER – FINANCE
Reports to
Executive Director
Type
Contractual
Location:
New Delhi
The Finance Manager will lead the financial and accounting operations of NEG-FIRE, which includes – leading the Finance function; Budgeting, financial monitoring, financial guidance to projects and ensure overall financial well-being of the organisation. S/he will develop and implement robust financial policies, systems and processes; ensure tax and regulatory requirements and controls; based on sound financial practices. He/She will uphold the values of honesty, transparency, accountability and respect for all to the highest degree.
 
Last date for receiving application: 25thAugust, 2021.
 
Job Responsibilities:
  • Oversee the financial operations of NEG-FIRE and ensure timely and accurate financial reports including cash management, payroll, financial disbursements, ledgers, etc.
  • Develop financial policies/manuals, Set-up robust financial monitoring and control systems in compliance with accounting standards, agreed policies and procedures thereby reducing any sort of risk to ensure credibility of the organization and protect it from frivolous claims.
  • Prepare organization-level budgets in consultation with internal stakeholders and share it with budget holders
  • Prepare and analyze accurate monthly financial and management reports, including Income statement, Budget and variance, projections/ forecast, and cash flow.
  • Prepare and finalise the Balance Sheet
  • Ensure full compliances with the FCRA, FEMA, Income Tax Act, and other applicable laws of the land, and legal aspects in relation to the organization.
  • Ensure organizational internal controls and systems are maintained and adhered to; Identify key risk areas and ensure these are addressed.
  • To plan and coordinate audits of NEG-FIRE projects, and submit timely reports to the Executive Director, Finance committee and the Board on the internal controls.
  • Donor communications related to financials of various Grants. Ensure that all financial reporting is completed on time and submitted to donors, as per the Grants guidelines.
  • Interface with Treasurer and Finance Committee in all financial matters, as and when required
  • To guide and train project staff in maintaining good financial and accounting practices in compliance with the statutory requirements.
  • Preparation and consolidation of Annual Budgets and Financials for placing before the Governing Board as per requirements.
  • To ensure MIS preparation and share with stake holders within specified time so that financial information will be used for decision making in future planning.
  • Managing bank accounts and overseeing money transfers between national office and regional offices.
  • Ensure uninterrupted Cash flow as per the requirement of Organization in implementing the program as per its vision.
  • Any other task/s assigned by the Supervisor from time to time.
Qualifications and Skills:
 
Required Competencies:
 
Qualifications and Experience:
 
  • Must be Post Graduate in Commerce / CA-Inter / MBA in Finance from a reputed institution. Chartered Accountant (CA) with at least 5-6 years of work experience in an NGO will be desirable.
  • Must have 8-10 years of experience, out of which minimum 5 years in senior management position leading Finance function of NGOs /INGOs.
Knowledge and Skills
 
  • Extensive knowledge about statutes such as FCRA, FEMA, Income Tax, Professional Tax, Labour Laws, etc., and its applicability in particular to the NGOs.
  • Thorough knowledge of principles, procedures and practices of accounting and maintenance of financial records and transactions.
  • Computer Savvy and ability to manage complex processes. Must be well conversant with Tally ERP; MS Office Suite especially advanced skills in MS Excel for handling MIS and generating other financial reports
  • Ability to meet stringent reporting deadlines. Track record of undertaking a range of tasks simultaneously, adherence to time lines and ensuring delivery of quality reports on finance and accounting
  • Result oriented and ability to suggest solutions to complex problems
  • Flexible attitude towards changing priorities and ability to multi-task.  
  • Proven skills in team management with prior experience
  • Good written and verbal communication skills in English
  • Ability to work as part of a multidisciplinary team with various counterparts by maintaining positive working relationships.
Values to demonstrate
 
  • Teamwork
  • Respect for all
  • Openness to learn
  • Result-oriented
  • Transparency and Accountability
 
Travel Requirements: The job holder is required to travel to project sites for financial review in the field and supporting the implementing team in financial matters.
 
Salary Package:NEG-FIRE offers a reasonably attractive salary with excellent benefits. Besides monetary benefits, we provide ample learning opportunities in a rapidly evolving organization which strives for social transformation of tribal and dalit communities through quality education interventions.
 
How to Apply ?
 
NEG-FIRE is an equal opportunity employer; qualified women applicants and qualified applicants from the marginalised communities are especially encouraged to apply. Interested candidates with relevant qualifications and experience may email their applications and CV at careers@negfire.org
 
Your Applications must include the following –
  • Cover letter justifying suitability for the position – role fitment based on work experience.
  • Current/last Salary drawn and expected Salary.
Applications without the above information will not be considered.
 
Kindly mention the job title “Finance Manager” in the subject line of the email. The last date for receiving application is 25th August, 2021. 
 
Due to high volume of applications, only shortlisted candidates will receive a response from NEG-FIRE.
 
NEGFIRE reserves the right to change the content and description of this position at any time.
 
Our policies and procedures reflect our commitment to child rights and child protection.
 
This position involves regular contact with children and NEG-FIRE does rigorous recruitment and selection process, reference checks that reflect its commitment to the protection of children from abuse. The applicant is required to be aware and in compliance of the NEG-FIRE Child Protection Policy (CPP) which is available on our website. By submitting the application for this position the applicant by default consents to be governed by this policy.

  • Delhi
  • Full time
  • Commensurate with the experience
Apply now