Senior Executive - Finance

Thanal; Chennai; On-site; INR 600,000 - 800,000; Full time

Job summary

A non-profit organization in Tamil Nadu is seeking a Senior Executive - Finance to manage financial processes and ensure compliance with regulations. The role requires overseeing day-to-day financial transactions, preparing reports, and supporting audits. A strong understanding of accounting standards and effective financial management is essential for success in this position.

Responsibilities

• Maintain accurate and up-to-date books of accounts in compliance with accounting standards and NGO regulations.
• Oversee day-to-day financial transactions including payments, receipts, payroll, reimbursements, and bank reconciliations.
• Ensure timely posting and reconciliation of all accounts.
• Assist in preparing annual budgets and periodic forecasts.
• Track expenditures against budgets, highlight variances, and recommend corrective measures.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Support in preparing donor-specific financial reports as per agreements.
• Ensure adherence to statutory requirements.
• Facilitate internal and external audits, provide required documentation.
• Maintain financial controls to prevent fraud, misuse, or misallocation of resources.
• Monitor project budgets and provide financial insights.
• Support in proposal budgeting for new grants and donor submissions.
• Ensure effective use of accounting and financial management software.
• Recommend improvements in financial processes.
• Train and support junior finance staff.
• Train and support junior finance staff in compliance and financial best practices.

Job description

Join to apply for the Senior Executive - Finance role at Thanal

Responsibilities

• Maintain accurate and up-to-date books of accounts in compliance with accounting standards and NGO regulations.
• Oversee day-to-day financial transactions including payments, receipts, payroll, reimbursements, and bank reconciliations.
• Ensure timely posting and reconciliation of all accounts.
• Assist in preparing annual budgets and periodic forecasts.
• Track expenditures against budgets, highlight variances, and recommend corrective measures.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Support in preparing donor-specific financial reports as per agreements.
• Ensure adherence to statutory requirements (Income Tax, FCRA, GST, PF, ESI, etc. as applicable).
• Facilitate internal and external audits, provide required documentation, and ensure timely closure of audit observations.
• Maintain financial controls to prevent fraud, misuse, or misallocation of resources.
• Ensure proper utilization and reporting of donor funds in line with agreements and organizational policies.
• Monitor project budgets and provide financial insights to program teams.
• Support in proposal budgeting for new grants and donor submissions.
• Ensure effective use of accounting and financial management software.
• Recommend improvements in financial processes for better efficiency and transparency.
• Train and support junior finance staff in compliance and financial best practices.

Job details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance
• Industries: Non-profit Organizations