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Chief Financial Officer
Vor 5 Tagen
with the subject line “Application for the role of Chief Financial Officer”Generation is an equal-opportunity employer and actively encourages applications from people of all backgrounds.Candidates for this role would be expected to possess the following experience and qualifications:• Chartered Accountant with 10-15 years of experience, preferably having 5 to 6 years of experience in senior leadership in non-profit sector. Eligible candidates who have worked in the corporate sector but have strong motivation for nonprofits may also apply.• Candidate should have good experience of handling legal compliances.• Having integrity, positive attitude, mission-driven, and self-directed with demonstrated passion for Generation’s mission and commitment to working collaboratively with a management team of senior professionals.• Able to work under pressure, have a strong sense of ownership (takes personal responsibility for meeting objectives) and timeliness.• Having excellent communication and relationship management skills with CXO level positions within corporates, foundations, government, etc.• Advance knowledge and proficiency in MS Office and ERP packages for financial analysis and consolidation of reports is a MUST.• Knowledge of good accounting practices and statutory guidelines with hands-on experience with audits, income tax provisions FCRA, GST and other applicable laws and statutes.What you'll do:
Leadership Role• Work closely with Generation India CEO to build out finance structures & processes, in alignment with company Strategy• Assess, develop, recommend and execute the strategy and structure for effective finance practices.• Work with an international matrixed team to follow and maintain standards for financial compliance, for Indian standards as well as GAAP. Also, maintaining professional relationship with Global team members.• Create systems & processes for the efficient upkeep of Generation’s assets by establishing, monitoring and introducing internal controls.• Provide assessment of financial risks and opportunities.• Preparation of, and ultimate responsibility for, review and submission of monthly finance report on time.• Lead procurement efforts for the project, including the selection and negotiation with vendors, and the management of subcontractors on the project.Financial and Accounting Management• Ensure proper accounting systems and procedures are led out, followed across all levels as per the organizational policy, and accepted accounting principles.• Maintain and improve upon robust set of controls that support Generation’s global and national standards.• Ensure compliances related to Ministry of Corporate Affairs, 80G and 12AA and support Generation’s legal registration and requirements regarding FCRA for the entity. Advise management on changes in requirements.• Manage all aspects of financial relationships with external groups like auditors, grant makers, contractors etc.• Manage budget and controls expenses effectively. Support management with budget forecasting. Provide recommendations and implement improvements in the financial management process.• Coordinate the budgeting strategy and process as per budget guidelines.• Prepare and monitor budget for multiple funders and to be able to provide financial reports as per the funder requirements.• Preparation of Budget vs Actual variance reports for all the proposals, Grants, with the objective of ensuring Grants and funds are received in time.Programs• In consultation with Generation’s practices to maintain and improve on the results of the compliance audits (internal and / or external).• Keep track of receivables from various partners, raise invoices and follow up.• Process the payables to various partners as per signed MoUs/Contracts• Hire, train, develop and appraise staff effectively. Take corrective action as necessary on a timely basis and in accordance with company policy. Consult with HR as appropriate.• Work with field offices to identify specific training needs to increase financial literacy amongst all Generation staff. And build training plans to improve financial knowledge and management with office accountants.Location & ReportingThe position will be based in D e l h i- N C R and will report to India CEO. Regular communication will be involved with the India leadership and global team through multiple communication channels e.g., phone, Skype/Zoom, email, etc.About Generation
Generation is a global employment nonprofit network that supports people to achieve economic mobility so they can change their lives. We train and place adults into careers that would otherwise be inaccessible and seek to improve how education to employment systems function. Generation launched in 2015 and consists of a global hub and a network of in-country affiliates that spans 18 countries. To date, Generation has more than 100,000 graduates who have earned more than $986 million in wages, and works with more than 14,000 employers, implementation partners, and funders.
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