Senior Manager - Finance & Accounts

Devalt; Delhi; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Devalt invites applications for the Senior Manager – Finance to provide strategic and operational leadership of the Finance & Accounts function across the organisation. You will partner with senior management and programme teams to deliver financial insights, drive resource utilisation, and ensure robust governance and reporting.

The role leads the Finance & Accounts team, enhances controls, and ensures compliant financial systems to support Devalt’s expanding development initiatives and grants

Qualifications

• M. Com or MBA in Finance required.
• 8–12 years of relevant NGO/development sector experience.
• Experience in project/grant accounting, budgeting, donor reporting.
• Strong knowledge of FCRA, taxation, compliance and audits.
• Excellent English and strong analytical skills.

Responsibilities

• Lead and develop the Finance & Accounts function for accuracy and compliance.
• Oversee AP, AR, payments, and statutory liabilities.
• Manage financial closing, ledgers, and audit trails.
• Strengthen internal controls and segregation of duties.
• Prepare monthly, quarterly, and annual financial reports for senior management.
• Support donors with grants management and reporting.

Skills

Financial leadership

Budgeting & forecasting

Financial analysis

Stakeholder management

Team leadership

Education

M. Com/MBA (Finance)

Tools

Tally

Zoho

ERP systems

Job description

The Senior Manager – Finance will provide strategic and operational leadership to the Finance & Accounts function, ensuring sound financial management, strong governance, compliance, and timely and accurate reporting across the organisation.

The position will serve as a key finance partner to senior management and programme teams, providing financial insights, analysis, and recommendations to support informed decision-making and effective resource utilisation.

The role will also lead and strengthen the Finance & Accounts team, drive process improvements and control effectiveness, and ensure robust financial systems and practices that support DA’s growing portfolio of sustainable development programmes.

Duties and Responsibilities:

• Lead and oversee the Finance & Accounts function, ensuring accuracy, compliance, transparency, and timely reporting.
• Oversee AP, AR, payments, collections, employee claims, statutory liabilities, and advances.
• Review general ledger, accounting adjustments, provisions, accruals, and financial closing.
• Ensure proper accounting classification, cost allocation, documentation, and audit trails.
• Strengthen internal controls, segregation of duties, and authorization processes.
• Ensure compliance with financial policies, SOPs, DoA, accounting standards, and applicable regulations.

Treasury, Cash Management & Banking

• Provide oversight of treasury, cash-flow, investment, and banking operations.
• Manage banking relationships, bank accounts, mandates, payments, fund transfers, and banking documentation.
• Oversee bank reconciliations and review interest income, bank charges, foreign exchange transactions, and currency gains/losses.
• Ensure strong controls over banking access, payment authorization, and fund transfers.

Donor & Grant Financial Management

• Oversee financial management of grants, donor funds, and restricted project funds.
• Ensure project expenditure complies with approved budgets, donor agreements, funding restrictions, and approved cost categories.
• Ensure appropriate and consistent allocation of shared, personnel, administrative, and operational costs to projects.
• Review donor financial reports, utilization statements, expenditure reports, and other financial submissions.
• Support program teams in effective budget management and financial compliance.
• Oversee financial closure of projects, including advances, liabilities, unutilized funds, and donor balances.
• Lead the preparation and review of monthly, quarterly, and annual financial reports.
• Ensure timely and accurate preparation of:
  • Balance Sheet
  • Statement of Income & Expenditure / Profit & Loss
  • Cash Flow Statement
  • Trial Balance
  • Project-wise financial reports
  • Budget vs. Actual reports
  • Donor financial reports
  • MIS and management dashboards
• Analyze financial performance, trends, risks, variances, and key financial indicators.
• Present significant financial matters and recommendations to senior management.
• Ensure reports are accurate, complete, consistent, and adequately supported by documentation.

Taxation & Statutory Compliance

• Oversee compliance with applicable direct and indirect tax laws and statutory requirements.
• Ensure timely and accurate TDS/TCS, GST, and other applicable statutory compliances.
• Review tax calculations, statutory reconciliations, payments, and supporting documentation.
• Coordinate with tax consultants and advisors on tax and statutory matters.
• Oversee responses to tax notices, assessments, enquiries, and audits.
• Monitor changes in applicable laws and advise management on their financial impact.
• Lead and coordinate statutory, internal, donor, tax, and special audits.
• Act as the key finance contact for auditors, advisors, donors, and other external stakeholders.
• Ensure timely submission of audit schedules, reconciliations, supporting documents, and financial information.
• Review audit observations, coordinate management responses, and monitor corrective actions.
• Identify financial and operational risks and strengthen controls to mitigate them.
• Ensure compliance with procurement, payment, authorization, financial, and donor policies.

Project Accounting & Cost Allocation

• Establish and oversee appropriate methodologies for allocation of personnel, administrative, operational, and shared costs.
• Ensure costs are charged to the correct project, activity, budget line, and funding source.
• Review salary and common-cost allocations for accuracy and consistency.
• Ensure allocation methodologies are properly documented and consistently applied.
• Monitor project expenditure against approved budgets and funding restrictions.

Team Leadership & Stakeholder Management

• Lead, supervise, mentor, and develop the Finance & Accounts team.
• Allocate responsibilities, monitor performance, review quality, and ensure timely delivery of financial activities.
• Build team capability through coaching, training, knowledge sharing, and performance management.
• Ensure effective delegation, segregation of duties, cross-training, and business continuity.
• Act as a senior finance representative with Senior Management, Program/Domain Teams, Donors, Auditors, Tax Advisors, Banks, Government Authorities, Vendors, and other stakeholders.
• Communicate financial information and recommendations clearly to finance and non-finance teams.

Skills, Knowledge, and Experience

• Qualification: M. Com/MBA (Finance) or equivalent.
• Experience: 8–12 years of relevant experience, preferably in the NGO/development sector.
• Experience in project/grant accounting, budgeting, donor reporting and financial management.
• Good knowledge of FCRA, taxation, statutory compliance and audit processes.
• Strong skills in financial analysis, MIS, budgeting and internal financial controls.
• Proficiency in MS Excel and accounting/ERP systems such as Tally/Zoho.
• Ability to lead, supervise and mentor a finance team and coordinate with programme and support teams.
• Strong communication, analytical, problem-solving and decision-making skills, with high integrity and attention to detail.
• Excellent interpersonal skills with high level of proficiency in English and the ability to work well autonomously.
• Strong focus on producing the highest quality of work and on ensuring optimum accuracy of outputs.
• Well organised and efficient, with the capacity to work under pressure.
• Fluency in English is essential with regional languages.

Our Mission

To create models that generate sustainable livelihoods in large numbers.

Our Vision

A world where every citizen can live a secure, healthy and fulfilling life, in harmony with nature.