Director, Finance

• Strategic development of financial management and resources including reviewing and developing robust internal financial planning and controls.
• Maintain robust and effective finance systems at par with the best in the non-profit industry.
• Provide an effective financial management service at par with the best in the non-profit industry.
• Finance and Accounts management, functional deliveries, financial process efficiencies, financial sustainability.
• Statutory Compliance, donor reporting, audits, adhering to the country laws, and regulations as applicable.
• Act as the interface between RAF Global and its donors on financial matters to ensure Foundation’s financial reporting is accurate, relevant and at par with the best in not-for-profit industry.
• Develop effective checks and balances for effective utilisation of resources and decision making.

• Design & implement systems, policies & procedures to facilitate financial control in close consultation with senior management.
• Ensure the Foundation account is management proficiently and in compliance with the statutory requirements.
• Payroll processing function involving computation of salaries, attendance, leave, fixed & variable entitlements and generation of salary slips for employees.
• Manage daily accounting, petty cash and finance functions including timely & accurately recording of transactions, cash management, banking, payroll, cost allocations and payables.
•  Ensure cost centre wise cost and fund allocation for different funding projects according to the approved budget of grantor.
• Oversee day to day accounting, ensure proper authorization thereof and process payments.
• Ensure that FCRA and non-FCRA fund are kept separate and accounted for accurately and appropriately.
• Tracking of bank balance and reconciliation on monthly basis for all bank accounts of RAF Global
• Use the Tally Prime ERP system and manage implementation of system upgrades.
• Handling internal and external audit of the RAF Global and need to implement if any suggestion in the report given by CA.
• Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles.

• Involvement in process of preparing annual budgets for the organisation and for the funding projects.
• Provide accounting services for use in planning and controlling the work of RAF Global in India, this includes financial accounting, management accounting, forecasting, budgeting, and control systems.
• Plan and manage the cash flow for RAF Global in India, to include monthly / quarterly cash flow forecast for fund, and circulate this to the COO, senior management, and donor agency as appropriate.
• Financial reports to management including financial information, cash requirements, project & grant reporting in a timely and accurate manner.
• Generate, review, analyse, and communicate financial data that reflects actual financial performance against budgets.
• Responsible for maintaining adequate funds in the various accounts and preparing fund request in timely manner.
• Provide useful financial insights to help make informed and objective decisions about formulating and executing strategy and provide guidance and analysis to executive and operational management to improve results.

• Ensure review of cost proposals and programme budgets of organisation and for grantees / grantors as applicable.
• Conduct due diligence for new partner organisation and provide support to new NGO’s for completing this process.
• Maintain a monthly / quarterly record of programme performance finance against budget in collaboration with Regional Head and grantors / grantees.
• Ensure all grants / donations received are properly accounted as per accounting standards and disbursement are done accurately according to budget and grant agreement.
• Ensure timely submission of certified financial reports to Donors, Funding Agencies, and Corporates (CSR Fund) for the designated projects.

• Handling statutory and internal audit for the organisation and ensure finalisation of Annual accounts and Income tax filling.
• Ensure filing of statutory returns on time i.e Income Tax, PF, TDS, ROC, FCRA and other statutory returns as per law and regulations in India
• Ensuring separate books of accounts maintained for Foreign Contribution Regulation Act (FCRA) purpose.
• FCRA registration, renewal, reporting, and update FC on web domain.
• Handling and preparing income tax assessment documents and submission to the same to Income tax authority.

• Maintain good professional relationship with bankers, Auditors, lawyers, designated Company Secretary, and another professional adviser.
• Represent RAF Global with guidance from senior management with FCRA, IT, PT, Registrar of Companies, and other relevant organisations as and when applicable.
• Maintain regular liaison with the donors for financial perspective.
• Work closely with the COO, Regional Head, Programme Managers, Area Managers etc. as part of a mutually supportive team. Advise the likely financial consequences of all proposed courses of action.

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

Apply by Dec 10, 2023