Manager – Finance Projects
Introduction: About CAF
CAF has been in India for over two decades. In this time, it has played a key role in channeling international institutional and individual philanthropic funds to social sector projects in India. CAF India has had a stellar record in fundraising for diverse causes like education, health, environment etc.
In view of the changes in the regulatory framework, CAF is in the process of redefining its role in India. Aside from fund raising, CAF India is planning to play a more active role in conceiving and executing projects. It is evolving its own unique lens on development and plans to evolve coalitions that will create social impact at scale.
CAF would like to build in its track record of retail and individual giving, to bring individual energies into supporting causes, building coalitions and giving impactfully.
The Position
CAF India is looking for an experienced and knowledgeable person to fill this role to ensure that all finance within the organization are carried out effectively and get strengthened. This is an exciting opportunity for an ambitious professional to lead the development, management of the overall finance within the organization.
Key Responsibilities
GRANT MANAGEMENT SYSTEM
- Financial review of MOU of NGOs & Donors before finalization and ensure its reconciliation with each other.
- Reviewing of Fund Release Advice and ensure timely disbursement of fund to NGOs as per MOU.
- With the coordination of Program Team, track the grant and share the financial report to Project Team Leader and Head-Finance & Admin.
- Track the budget utilization as per the line heads and approved budget limit.
- Coordinate with NGO partner and program team to establish the reasons for variance in budget utilization if any.
- Coordinate with Project Manager in compliance to audit/spot check recommendations
- Prepare project budgets and budget notes as and when required.
- Produce timely financial reports for submission to donor capturing the financial figures as stipulated by the donor and in the grant agreements.
- Generate a quarterly report on grants noting concerns on over/under spending and related action plan.
- Reconcile the balances in the financial reports / invoices submitted to the donors to the balances as per CAF INIDA accounting records.
- Tracking of monitoring visit through master filling / archiving system.
- Managing Procurement Functions.
NGOS’ AUDIT & COMPLIANCE (FINANCE)
- Ensure that the financial systems are in compliance with CAF INIDA’ policies and procedures, Generally Accepted Accounting Principles (GAAP), donors’ rules as per the MOU and regulations and legal requirements.
- Review of Partners financial, suggest best practice and submit timely feedback reports to management for better control
REPORTING
- Ensure timely preparation and sharing of the financial visit reports with the analysis highlighting the key results or action required in coordination with program team and NGO Partner.
- Preparation of Project’s associated Budget vs. Actuals reports and variance analysis, assess the financial impact on the budget and suggest appropriate corrective actions.
- Coordinate with program team for timely submission of various financial reports before the due date for them to review.
- Support in preparation and submission of the financial reports to donors.
- Preparation of Grants reporting schedule & update the reporting status of assigned project.
CAPACITY BUILDING
To support and suggest best practice to NGOs Partner staff and build their capacity in the finance areas related to accounting system, policy & procedure and compliances.
For Mou Budget Finalization The Concern finance person will be involved from initial phase of budgeting with the knowledge of the proposed thematic area and the work scale. So that he could well estimate the amount which might be required for project.
Qualifications and experience
- Graduate with MBA in Finance or a high level professional degree in Accounts, or Cost and Management Accountants, or equivalent from a reputed university/institution.
- Experience and understanding of development sector.
- Must have basic awareness of information security management systems based on ISO / IEC 27001 standards.
Location:
The position will be based at the CAF India headquarters at New Delhi.
* The Designation will be decided basis the experience of a person
To Apply:
Interested and eligible candidates interested in this position are requested to apply to This email address is being protected from spambots. You need JavaScript enabled to view it. with their updated resume, present/last drawn Cost to Company and a short note on why they qualify for this role.