Overview
The Associate Director – F&A is a key leadership position responsible for the overall financial management, strategic financial planning, and operational accounting for the organization.
– Financial Strategy & Leadership:
– Develop and implement financial strategies that align with the organization’s mission and strategic goals.
– Lead the annual budgeting process, working with all concerned to develop comprehensive and realistic budgets.
– Monitor organizational cash flow and financial forecasts, advising on optimal resource allocation.
– Oversee treasury functions and investment policies.
– Risk Management, Insurance, Continuous Improvement.
– Accounting Operations & Reporting:
– Oversee all accounting functions, including accounts payable, accounts receivable, payroll, general ledger,and bank reconciliations.
– Ensure accurate and timely financial reporting, including monthly, quarterly, and annual financial statements for internal and external stakeholders (e.g., funders, Board).
– Prepare and analyse financial reports, providing insights into organizational performance, trends, and variances.
– Maintain the integrity of the general ledger and all financial records.
– Work to automate / simplify / strengthen accounting / financial processes.
– Payroll management
– Grant Management:
– Manage financial aspects of grants / Donations, ensuring compliance with donor requirements and grant agreements.
– Oversee grant reporting, including financial reconciliation and submission of required documentation.
– Asset management in relation to grants.
– Timely processes of accurate Utilization Reports to donors / grantors.
– Compliance & Audit:
– Ensure compliance with all applicable financial regulations and non-profit accounting standards.
– Lead and manage the annual financial audit process, serving as the primary liaison with external auditors.
– Develop, implement, and maintain strong internal controls to safeguard organizational assets and ensure financial accuracy.
– Manage and file all required tax returns / forms, regulatory reports etc. (GST / Income Tax / PF / etc.)
– Compliance of provisions of FCRA and related regulations, filings, reporting etc.
– Budgeting & Forecasting:
– Preparations / revisions of annual budgets across the organization.
– Facilitate the development and monitoring of departmental and organizational budgets.
– Provide regular budget-to-actual analysis and identify areas for improvement.
– Ability to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.
– Team Management & Development:
– Lead, mentor, and develop a high-performing team.
– Foster a culture of accuracy, compliance, and continuous improvement within the finance department.
– Other Duties:
– Manage relationships with banks, financial institutions, and investment advisors.
– Participate in relevant Board or other meetings.
– Assist with special financial projects and initiatives as assigned.
– Qualifications / Experience / Skills:
– A Commerce Graduate + Chartered Accountant / CMA; Technically Sound in Accounting, Tax, Compliance.
– Working Knowledge of FCRA laws / regulations / processes.
– 10-15 + years of progressively responsible experience in financial management, with at least 5 years in a leadership role within the organization.
– Experience with non-profit accounting, grant management, FCRA will be an advantage.
– Proven experience leading successful financial / internal / tax audits.
– Good knowledge of non-profit accounting standards.
– Proficiency in accounting software – Tally; ERP experience desirable
– Good MS Excel skills (financial modelling, pivot tables, complex formulas).
– Strong analytical, strategic thinking, and problem-solving abilities.
– Excellent leadership, communication (written and verbal), and interpersonal skills.
– Ability to present complex financial information clearly and concisely to diverse audiences (staff, Board, donors).
– High level of integrity, ethical conduct, and accountability.
– Ability to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.