Chief Financial Officer - Non-Profit Organization

Job Description:

1.Strategic Planning:Performing accurate and effective cost analysis to facilitate key business decisions.

2. Accounting Management:

- Managing the accounts of all Units and consolidating them at appropriate frequencies.

- Ensuring integrity and accuracy of all transactions accounted.

- Maintaining up to date and accurate Management Information System and providing the same to all the stakeholders.

- Monitoring the accounts receivable and payable and controlling them within the acceptable norms and ensuring there are no write offs.

- Presenting accounts at the meeting of the board of trustees, steering council and other occasions wherever required.

- Ensure control over budget Vs actual expenditure

3. Financial Management:

- Funds planning to ensure right funds are made available at the right time.

- Liaison with bank and other financial institutions regarding banking or loan operations.

- Liaison with Insurance companies and Third-Party Agencies for submission and recovery of claims.

- Receiving the Finance Compliance Certificates and Reconciliations from Units every month.

- Provide accurate and timely reporting on the financial activity of individual projects.

4. Procurement Management:

- Ensuring that all assets are insured, and all policies are current and there is no over or under insurance of any assets of the organisation.

- Maintaining proper record of the Fixed Assets of the organisation and ensuring their availability.

- Overseeing the purchase function such that right quantity is purchased at right time at right

price.

- Participating in the capital purchase committee meetings as a member.

5. Budget Preparation:

- Facilitating the budget preparation of the units and compiling the overall budget of the organisation.

- Establish guidelines for budget and forecast preparation and prepare the annual budget in consultation with the CEO and Steering Council.

- Coordinating with projects department in the preparation of projects budget, accounting of project expenses and control over budget Vs actual expenditure.

- Assist unit heads and project head with preparation of budgets for funding applications.

6. Risk Management:

- Monitor risk management policies and procedures to ensure that project and organizational risks are minimized.

- Advise the Institutions leadership on appropriate insurance coverage for the Institution and the Trust.

- Negotiate with Bank for lines of credit or other financial services as required and appropriate.

7. Information Systems:

- Maintaining Tally and integration with Medics.

- Evaluate the need for new technology to meet the organization&aposs financial data processing, control, and reporting requirements.

- Advise on appropriate technology that meets the organization&aposs information requirements and financial resources to Information Systems Department.

8. Statutory Compliance:

- Compliance to applicable laws like Income Tax, Service Tax, etc in the matter of filing returns, payment of dues, etc.

- Liaison with internal and statutory auditors for their audits.

Requirements:

- Chartered Accountant with minimum of 8-10 years of experience in accounting and finance

- Financial operations in a hospital industry/ NGO and have experience of working in an effective Accounts and Finance

function in a very fast-paced environment.

- Thorough knowledge in computerized accounting systems like Tally.

- Good team player and should have managed a minimum of 5 direct reportees.

- Must be flexible in approach and able to work in a true team environment.