Job Description
Senior Manager - Finance
Rainbow Homes Program seeks a Senior Manager - Finance to ensure proper financial and accounting systems are maintained in accordance with organisational guidelines, protocols, ensure adherence to all legal and statutory compliances of the Organisation, and ensure accurate financial reporting to various stakeholders, Financial Analysis and supporting the Director- Finance, HR & Admin.
About Us:
The Rainbow Homes Program aims to protect, care for, educate and empower our most disadvantaged children. We strive to ensure that these children access their rights in loving, open and safe residential care homes in government schools and buildings; and for them to grow into happy, responsible and caring citizens.
Key Responsibilities:
• Financial Management:
• Ensure proper accounting systems are followed at all levels and provide handholding support to the city teams and home teams in book keeping and records maintenance, adherence to legal and statutory compliances
• Facilitate and ensure proper budgeting processes followed for Annual budgets preparation at all levels and with partner organisations
• Facilitate and ensure that proper Annual contracting process for all the implementing partners.
• Provide handholding support and monitoring visits to cities and the partner homes to ensure adherence to systems and processes.
• Ensure the cash flows planning for availability of required funds for operations at units and for Homes and other programs and partners.
• Ensure periodic and timely grant reconciliations for various grants received
• Prepare and update the donation dashboard and funds flow overview on periodic basis.
• Analysis of expenditure of Units, Homes, other programs and partner organisations on periodic basis and ensure the variances are addressed timely.
• Provide required training basing on the requirement from time to time on book keeping, legal and statutory compliances to all the Units, home and Partner organisations.
• Budgeting and Reporting:
• Ensure periodic Consolidation of financials of all the homes and cities, prepare relevant reports for period reviews and for submission to various stakeholders/donors.
• Develop budgets in coordination with cities and home teams and do the resource mapping based on the available sources from time to time.
• Prepare financial proposals and budgets in coordination with the respective units along with necessary documents for sharing with existing and potential funders.
• Ensure all the relevant compliances for executions of MOUs with various Donors.
• Prepare donor-reporting calendar and ensure timely sharing of reports in coordination with homes and state units.
• Statutory compliance and others:
• Ensure timely submission of IT returns, FCRA returns and Society returns are done for the organisation and also for partner organisations
• Ensure proper TDS deductions of employees, vendors etc., made, remitted and quarterly returns filed on time at all levels and also ensure compliance for partner organisations.
• Coordinate various audits and due diligences and ensure audit compliances.
• Ensure efficient system of filing, archiving and retrieval as per statutory requirements.
The Senior Manager – Finance will report to the Director – Finance, HR and Admin. S/he will work very closely with other Finance and other teams at various levels for required information and coordination.
Educational Qualifications & Functional / Technical Skills:
• A post graduate in commerce /MBA in Finance Management from a reputed institution and any other related professional qualifications will be added advantage.
• A minimum of 5 years' experience in mid management level- finance function in a reputed Not for Profit organization. Experience in partner management is must.
• Professional Knowledge and hands on experience in TALLY ERP + is must. Knowledge in other accounting softwares will be an added advantage.
• Advanced knowledge and proficiency in MS office especially MS Word and MS Excel for financial analysis and consolidation of reports.
• Knowledge of sound accounting practices and statutory guidelines with hands-on experience with audits, income tax provision, FCRA and other applicable laws and statutes.
Other requirements:
• Excellent communication both oral and written in English and Hindi is must. Good interpersonal skills with ability to work independently as well as part of a team as good team player.
• Ability to manage multi-tasking, successfully coordinate and complete tasks and meet deadlines.
• Enthusiastic, proactive and with High level of integrity and confidentiality.
Compensation:
The Min Salary package would be INR +.00 Lacs per annum and shall commensurate with experience.
Rainbow Homes Program seeks a Senior Manager - Finance to ensure proper financial and accounting systems are maintained in accordance with organisational guidelines, protocols, ensure adherence to all legal and statutory compliances of the Organisation, and ensure accurate financial reporting to various stakeholders, Financial Analysis and supporting the Director- Finance, HR & Admin.
About Us:
The Rainbow Homes Program aims to protect, care for, educate and empower our most disadvantaged children. We strive to ensure that these children access their rights in loving, open and safe residential care homes in government schools and buildings; and for them to grow into happy, responsible and caring citizens.
Key Responsibilities:
• Financial Management:
• Ensure proper accounting systems are followed at all levels and provide handholding support to the city teams and home teams in book keeping and records maintenance, adherence to legal and statutory compliances
• Facilitate and ensure proper budgeting processes followed for Annual budgets preparation at all levels and with partner organisations
• Facilitate and ensure that proper Annual contracting process for all the implementing partners.
• Provide handholding support and monitoring visits to cities and the partner homes to ensure adherence to systems and processes.
• Ensure the cash flows planning for availability of required funds for operations at units and for Homes and other programs and partners.
• Ensure periodic and timely grant reconciliations for various grants received
• Prepare and update the donation dashboard and funds flow overview on periodic basis.
• Analysis of expenditure of Units, Homes, other programs and partner organisations on periodic basis and ensure the variances are addressed timely.
• Provide required training basing on the requirement from time to time on book keeping, legal and statutory compliances to all the Units, home and Partner organisations.
• Budgeting and Reporting:
• Ensure periodic Consolidation of financials of all the homes and cities, prepare relevant reports for period reviews and for submission to various stakeholders/donors.
• Develop budgets in coordination with cities and home teams and do the resource mapping based on the available sources from time to time.
• Prepare financial proposals and budgets in coordination with the respective units along with necessary documents for sharing with existing and potential funders.
• Ensure all the relevant compliances for executions of MOUs with various Donors.
• Prepare donor-reporting calendar and ensure timely sharing of reports in coordination with homes and state units.
• Statutory compliance and others:
• Ensure timely submission of IT returns, FCRA returns and Society returns are done for the organisation and also for partner organisations
• Ensure proper TDS deductions of employees, vendors etc., made, remitted and quarterly returns filed on time at all levels and also ensure compliance for partner organisations.
• Coordinate various audits and due diligences and ensure audit compliances.
• Ensure efficient system of filing, archiving and retrieval as per statutory requirements.
The Senior Manager – Finance will report to the Director – Finance, HR and Admin. S/he will work very closely with other Finance and other teams at various levels for required information and coordination.
Educational Qualifications & Functional / Technical Skills:
• A post graduate in commerce /MBA in Finance Management from a reputed institution and any other related professional qualifications will be added advantage.
• A minimum of 5 years' experience in mid management level- finance function in a reputed Not for Profit organization. Experience in partner management is must.
• Professional Knowledge and hands on experience in TALLY ERP + is must. Knowledge in other accounting softwares will be an added advantage.
• Advanced knowledge and proficiency in MS office especially MS Word and MS Excel for financial analysis and consolidation of reports.
• Knowledge of sound accounting practices and statutory guidelines with hands-on experience with audits, income tax provision, FCRA and other applicable laws and statutes.
Other requirements:
• Excellent communication both oral and written in English and Hindi is must. Good interpersonal skills with ability to work independently as well as part of a team as good team player.
• Ability to manage multi-tasking, successfully coordinate and complete tasks and meet deadlines.
• Enthusiastic, proactive and with High level of integrity and confidentiality.
Compensation:
The Min Salary package would be INR +.00 Lacs per annum and shall commensurate with experience.
💡 Quick Summary
Seeking a career-building opportunity? The Sr Manager- Finance position is now open for candidates interested in the Accountant Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
