Finance Manager Modern Architects for Rural India (MARI)

Finance Manager Modern Architects for Rural India (MARI)   Location: Hyderabad   Last Date: June 28, 2013 1.     Job Title                              : FINANCE MANAGER 2.     Place of work                       : HYDERABAD - AP, INDIA 3.     Work unit                            : Finance Unit, Hyderabad Office 4.     Reports to                           : Secretary 5.     Term of appointment : Initially for a period of 12 months subject to probation of 3 months 6.     Salary scale                        : Up to INR 40,000 (Depending on experience)   Introduction: Modern Architects for Rural India (MARI) is a grassroots NGO started in the year 1988. For the past 20 years MARI has been intensively engaged in grassroots action pursuing the its objectives. MARI has been implementing a very wide range of development projects which are formulated basing on the felt needs of the communities. MARI is hosting FRESHWATER ACTION NETWORK SOUTH ASIA (FANSA) in India which aims to improve water governance by strengthening the role of civil society in decision-making. It considers both environmental and developmental aspects as crucial considerations for the realization of the right to water and sanitation for present and future generations.   Vision: Empowerment of vulnerable sections of the society to fight against poverty, injustice and the environmental degradation that is threatening their basic livelihoods. This should lead to establishing conditions in favour of sustainable growth of the poor and marginalized sections and ultimately of the society. Mission: Promoting strong community based organizations of the poor and disadvantaged, enabling them to mobilize resources from within government and other agencies and guide them to work unitedly for their sustainable development   7.     Job purpose: The post-holder will be a full-time employee of MARI, working in a small team at its office at Hyderabad, AP, India. The Manager will work to strengthen MARI and its projects in the areas of financial management, contractual compliance, legal compliance, monitoring the financial management of local NGO partners working with MARI & FANSA and coordination with different actors concerned for efficient financial management of FANSA.   8.     Key responsibilities: •       Developing organizations project specific financial management guidelines within the scope of the financial policy of MARI. •       Book keeping and maintaining all the records related to financial management. •       Establishing financial management systems to ensure best compliance of the contracts signed by MARI and its projects. •       Establishing management systems to synchronize with legal compliance aspects at the overall organization level. •       Submission of accurate and timely financial reports to the concerned donors. •       Establish best transparent and accountable systems for purchase and or procurement of services, material, personnel, etc. •       Authorization of all payments. •       To conduct visits to the recipient partners (eg: National Networks, GTF local partners, etc in case of FANSA Project) and monitor their financial management as per the monitoring guidelines. •       Receive financial reports and fund request from the partners and process the same as per the financial norms and agreements. •       Capacity building, support and regular guidance to partners to ensure contractual compliance and effective financial management at their level. •       Submit timely and accurate financial reports, fund release requests and any other financial information required by the donor agencies. •       Provide critical feedback to Secretary on key financial parameters, variance, risks, etc. •       Establish systems for minimization and elimination of financial risks. •       Facilitate annual external audit and financial monitoring visits by the donor agencies.   A.    Other organization responsibilities: •       Support other team members in mobilizing funding resources for FANSA and partners. •       Maintain and develop efficient electronic and paper filing systems to support own work. •       Attend meetings and conferences to defend and promote the interests of FANSA •       Adhere to the financial and HR guidelines issued by the organization. •       Ensure safe custody of the assets and finances under your control. •       Ensure actions to enhance image and reputation of the organization. •       Undertake any other responsibilities, tasks or activities as reasonably required by the organizations.   B.    Key relations: The post-holder works closely with the Project Managers / Coordinators of all the projects and FANSA Regional Coordinator, FANSA GTF Project Coordinator and Secretary of MARI. In addition the job demands close working relationship with Donors such as FAN Global Secretariat (UK) and WaterAid particularly the finance department. The post holder also works closely with other development projects staff and Finance & Administration staff of MARI.   C.    Qualifications & experience Essential: •       MBA/ Masters Degree in Accounting / Finance / Commerce. •       5 years of experience in middle or senior level of financial management in NGO sector. •       Good knowledge of functioning and legal systems related to NGO sector. •       Good knowledge, skills and hands on experience of financial book keeping. •       Knowledge of Government of India requirements especially FCRA, Income tax laws, Societies Registration Act, etc. •       Excellent skills of using accounting packages including Tally and MS Office. •       Good communication skills in English – written and spoken. •       Proven organizational skills and ability to manage multiple priorities and work to deadlines. •       Good negotiating skills including the ability to demonstrate patience and diplomacy. •       Should be a team player and has ability to work independently. •       Strong social and networking skills. •       Self-motivated and good problem solving skills.   9.     Personality fit The Finance Manager should be able to interact with persons from a variety of professional disciplines and from different levels of society in a tactful and diplomatic manner. He/she should be able to work closely and effectively with both internal & external stakeholders with a high level of integrity & diplomacy. S/he should have a commitment to timeliness and be dependable. Commitment to development work would be highly valued.     Closing Date for submission of Applications: 28 June 2013   Please send your Applications to: hrfansamail@gmail.com The recruitment process is expected to be completed by 5th July and selected candidates will be informed immediately to join as soon as possible.

Job Email id:

hrfansamail(at)gmail.com

It can happen only in Indian Movies!

Baghban:Amitabh Bachchan and Hema Malini are separated right after Holi ...remember Amitabh singing Holi khele Raghubeera?). They are said to be separated for six months, ie from March to September. Within that six- month period, they celebrate Valentine's Day, which falls on February 14, and karva chauth, which is usually observed in October. There is no way these two occasions could come between March and September! u all may know that............. Now for cricket fans..........to enhance their movie cricket rules........ Lagaan:

Lagaan was shot in the late 19th century. At the time, an over in cricket used to consist of 8 balls. But in this movie, an over has 6 balls. Maybe modern cricket learnt from the movie.

Amar Akbar Anthony :Three men donate blood at the same time to the same person. It can happen because that scene was very emotional...........???????

 Pyar To Hona Hi Tha:Kajol gets off the train to use the public toilet at the railway station and the train chugs off without her. Poor girl,little did she know that every train compartment has four toilets inside. No comment ...............Indian movies???????

 Khiladiyon Ka Khiladi: Akshay Kumar boards a Jet Airways flight to America ?????? Well,! well, some promotion for our Indian Jet Airways................. International Khiladi + Domestic Flight = International Flight + Khiladiyon ka khiladi

ra one : when sharukh khan dies, being a south indian he was given a christian funeral but later we see kareena kapoor uske asthiyo ko paani me baha deti hai, this was a big mistake no one noticed..

In Krish , Priety got pregnant when Hrithik was not with her in 2 years.

dhoom 2. . abhishek bachan jumps off the cliff. . straight on the shoulders of hrithik on a parachute .""

N last one is an epic "Sholay" where (now) jaya bachchan lights a lantern in the beginning as there is no electricity in the village.. and Dharmendra is on a water tank to commit suicide. Paani ki tanki me bina electriicity ke paani upar chadta kaise hai bhai??

t can happen only in Indian Movies! Baghban:Amitabh Bachchan and Hema Malini are separated right after Holi ...remember Amitabh singing Holi khele Raghubeera?). They are said to be separated for six months, ie from March to September. Within that six- month period, they celebrate Valentine's Day, which falls on February 14, and karva chauth, which is usually observed in October. There is no way these two occasions could come between March and September! u all may know that............. Now for cricket fans..........to enhance their movie cricket rules........ Lagaan: Lagaan was shot in the late 19th century. At the time, an over in cricket used to consist of 8 balls. But in this movie, an over has 6 balls. Maybe modern cricket learnt from the movie. Amar Akbar Anthony :Three men donate blood at the same time to the same person. It can happen because that scene was very emotional...........??????? Pyar To Hona Hi Tha:Kajol gets off the train to use the public toilet at the railway station and the train chugs off without her. Poor girl,little did she know that every train compartment has four toilets inside. No comment ...............Indian movies??????? Khiladiyon Ka Khiladi: Akshay Kumar boards a Jet Airways flight to America ?????? Well,! well, some promotion for our Indian Jet Airways................. International Khiladi + Domestic Flight = International Flight + Khiladiyon ka khiladi ra one : when sharukh khan dies, being a south indian he was given a christian funeral but later we see kareena kapoor uske asthiyo ko paani me baha deti hai, this was a big mistake no one noticed.. In Krish , Priety got pregnant when Hrithik was not with her in 2 years. dhoom 2. . abhishek bachan jumps off the cliff. . straight on the shoulders of hrithik on a parachute ."" N last one is an epic "Sholay" where (now) jaya bachchan lights a lantern in the beginning as there is no electricity in the village.. and Dharmendra is on a water tank to commit suicide. Paani ki tanki me bina electriicity ke paani upar chadta kaise hai bhai??

Read more at: http://www.caclubindia.com/forum/indian-movies-253014.asp

It can happen only in Indian Movies! Baghban:Amitabh Bachchan and Hema Malini are separated right after Holi ...remember Amitabh singing Holi khele Raghubeera?). They are said to be separated for six months, ie from March to September. Within that six- month period, they celebrate Valentine's Day, which falls on February 14, and karva chauth, which is usually observed in October. There is no way these two occasions could come between March and September! u all may know that............. Now for cricket fans..........to enhance their movie cricket rules........ Lagaan: Lagaan was shot in the late 19th century. At the time, an over in cricket used to consist of 8 balls. But in this movie, an over has 6 balls. Maybe modern cricket learnt from the movie. Amar Akbar Anthony :Three men donate blood at the same time to the same person. It can happen because that scene was very emotional...........??????? Pyar To Hona Hi Tha:Kajol gets off the train to use the public toilet at the railway station and the train chugs off without her. Poor girl,little did she know that every train compartment has four toilets inside. No comment ...............Indian movies??????? Khiladiyon Ka Khiladi: Akshay Kumar boards a Jet Airways flight to America ?????? Well,! well, some promotion for our Indian Jet Airways................. International Khiladi + Domestic Flight = International Flight + Khiladiyon ka khiladi ra one : when sharukh khan dies, being a south indian he was given a christian funeral but later we see kareena kapoor uske asthiyo ko paani me baha deti hai, this was a big mistake no one noticed.. In Krish , Priety got pregnant when Hrithik was not with her in 2 years. dhoom 2. . abhishek bachan jumps off the cliff. . straight on the shoulders of hrithik on a parachute ."" N last one is an epic "Sholay" where (now) jaya bachchan lights a lantern in the beginning as there is no electricity in the village.. and Dharmendra is on a water tank to commit suicide. Paani ki tanki me bina electriicity ke paani upar chadta kaise hai bhai??

Read more at: http://www.caclubindia.com/forum/indian-movies-253014.asp

It can happen only in Indian Movies! Baghban:Amitabh Bachchan and Hema Malini are separated right after Holi ...remember Amitabh singing Holi khele Raghubeera?). They are said to be separated for six months, ie from March to September. Within that six- month period, they celebrate Valentine's Day, which falls on February 14, and karva chauth, which is usually observed in October. There is no way these two occasions could come between March and September! u all may know that............. Now for cricket fans..........to enhance their movie cricket rules........ Lagaan: Lagaan was shot in the late 19th century. At the time, an over in cricket used to consist of 8 balls. But in this movie, an over has 6 balls. Maybe modern cricket learnt from the movie. Amar Akbar Anthony :Three men donate blood at the same time to the same person. It can happen because that scene was very emotional...........??????? Pyar To Hona Hi Tha:Kajol gets off the train to use the public toilet at the railway station and the train chugs off without her. Poor girl,little did she know that every train compartment has four toilets inside. No comment ...............Indian movies??????? Khiladiyon Ka Khiladi: Akshay Kumar boards a Jet Airways flight to America ?????? Well,! well, some promotion for our Indian Jet Airways................. International Khiladi + Domestic Flight = International Flight + Khiladiyon ka khiladi ra one : when sharukh khan dies, being a south indian he was given a christian funeral but later we see kareena kapoor uske asthiyo ko paani me baha deti hai, this was a big mistake no one noticed.. In Krish , Priety got pregnant when Hrithik was not with her in 2 years. dhoom 2. . abhishek bachan jumps off the cliff. . straight on the shoulders of hrithik on a parachute ."" N last one is an epic "Sholay" where (now) jaya bachchan lights a lantern in the beginning as there is no electricity in the village.. and Dharmendra is on a water tank to commit suicide. Paani ki tanki me bina electriicity ke paani upar chadta kaise hai bhai??

Read more at: http://www.caclubindia.com/forum/indian-movies-253014.asp

Asra when Born on 07/04/2010

No Need to Send ITR-V after E-Filings from A.Y. 2014-15..

At present two options are available for tax payers to e-file ITR, either e-file ITR by affixing digital signature or without affixing digital signature. In first case there is no need to send ITR-V to the I-T department’s CPC, based in Bangalore but in the later case tax payer is required to take a print out of ITR-V and send it to the I-T department’s CPC, based in Bangalore within 120 days of e-filing, in case tax payer fails to do so, his/her return would deemed to be invalid return.

The above practice is adopted by every Indian and also CBDT has made mandatory for the assessee whose income exceeds Rs.5 lakhs to file tax return online with the main motto of shifting all the working paperless.

As per statistics during 2012-13, a 31 per cent jump was seen in e-filings by taxpayers as 2.14 crore entities filed returns online as compared to 1. 64 crore in 2011-12 but still most of e-filings are done without affixing digital signature means sending ITR-V becomes necessary and thus does not fulfill the motto of department.

 

So CBDT has come up with the new way which will save the taxpayer from the hassle of sending the paper document (called ITR-V) by post and tracking its acknowledgement which is going to be operational within this financial year i.e. F.Y. 2013-14 (A.Y. 2014-15).

SMS-based rail ticketing from July

Come July and you can book yourtrain ticket by sending an SMS.
     
Keeping an eye on the growing mobile phone market in India, IRCTC will launch SMS-based ticketing from July 1 and a dedicated number will be announced soon for this.
     
Describing the step as environment-friendly as no print-out is required, a senior IRCTC official said "mobile- based booking provides the users ease and convenience of booking tickets from anywhere and anytime. There will be no requirement of a printout because the ticketing message will be considered as valid during the journey."     
As per the requirement, one has to register the mobile number with IRCTC as well as one's bank. The Bank provides MMID (Mobile Money Identifier) and OTP (one time password) for authorization of payment.
    
The official said SMS booking is very simple as a passenger has to type the train number, destination, journey date, class and passenger details like name, age and gender on the SMS box.
     
"The sender will receive transaction ID and then make payment through sending another SMS by typing PAY followed by the transaction ID, MMID as received from the bank and password, said the official adding "with this the passenger's ticket is booked."
     
The service is available to all mobile subscribers and Rs. 3 is being charged per SMS and payment gateway charges are Rs. 5 for ticket amount upto Rs. 5000 and Rs. 10 for more than Rs. 5000

No Interest on Current Accounts with Banks

Gratuity Calculations

BASIC + DA / No.of days in a month (26) X 15 days X number of years of service *** = Gratuity Amount

*** Number of years of service should be more than 5 years ie.. 4 years 240 days

1)Mr. A purchased a car on 1.6.10 for Rs.5,60,000 and incurred Rs.25,000 for registration. He paid Rs.10,000 for insurance and Rs.1,500 for petrol. What amount should be debited to Car A/c.
a) 5,60,000 b) 5,96,000 c) 5,95,000 d) 5,85,000

Ans is 560000+25000


2)A Bill is drawn for 3 months on May 12th. The due date of the bill date is ______ a) 15th August b) 14th August c) 16th August d) 12th August

Ans is 14th Aug....

please explain it with your views...... Accontancy 1)Mr. A purchased a car on 1.6.10 for Rs.5,60,000 and incurred Rs.25,000 for registration. He paid Rs.10,000 for insurance and Rs.1,500 for petrol. What amount should be debited to Car A/c. a) 5,60,000 b) 5,96,000 c) 5,95,000 d) 5,85,000 2)A Bill is drawn for 3 months on May 12th. The due date of the bill date is ______ a) 15th August b) 14th August c) 16th August d) 12th August

Read more at: http://www.caclubindia.com/forum/accountancy-help-252426.aspplease explain it with your views...... Accontancy 1)Mr. A purchased a car on 1.6.10 for Rs.5,60,000 and incurred Rs.25,000 for registration. He paid Rs.10,000 for insurance and Rs.1,500 for petrol. What amount should be debited to Car A/c. a) 5,60,000 b) 5,96,000 c) 5,95,000 d) 5,85,000 2)A Bill is drawn for 3 months on May 12th. The due date of the bill date is ______ a) 15th August b) 14th August c) 16th August d) 12th August

please explain it with your views...... Accontancy 1)Mr. A purchased a car on 1.6.10 for Rs.5,60,000 and incurred Rs.25,000 for registration. He paid Rs.10,000 for insurance and Rs.1,500 for petrol. What amount should be debited to Car A/c. a) 5,60,000 b) 5,96,000 c) 5,95,000 d) 5,85,000 2)A Bill is drawn for 3 months on May 12th. The due date of the bill date is ______ a) 15th August b) 14th August c) 16th August d) 12th August

Read more at: http://www.caclubindia.com/forum/accountancy-help-252426.asp

FIle it Yourselves......

Generally People Have paid CA’s or TRP’s to file their Income Returns. With the help of my suggestion I think you will learn to do it yourself and save some bucks as well... This isn’t Rocket Science but require full attention of the reader....

THIS MAIL IS JUST TO HELP AND NOT CONCLUSIVE, READERS DISCRETION IS SOUGHT. READ A LOT OF ARTICLES ABOUT HOW TO FILE RETURNS YOUR SELF, BECOZ ACCOUNTING/TAXATION PROCEDURES ARE SUBJECT TO DIFFERENT OPINIONS RATHER THAN RULES...

YOU CAN WRITE TO ME TO MY EMAIL ID AND PLEASE NO CALLS ....

Now,

If you have Income from Salary, ask your employer for FORM 16 for the full Financial Year see that all tax deductions have been credited to your Pan Number. If your income is other than salary seek FORM 16A, you can also cross check this with your form 26AS which is available to you in your internet banking.

Keep ready the following:

-Last year’s Returns if any

- Your PAN CARD (Of Course)

- Your Savings Certificates

- Your bank details (don’t close your bank account until you receive your refund)

Now you have to register here https://incometaxindiaefiling.gov.in/e-Filing/Registration/RegistrationHome.html

(Carefully fill details coz. to change them will be difficult...) After successful registration an activation link will be sent to your email.

After Activation login to this website and navigate through pages just to have a feel of the site. Here you can also view your form 26 AS

Under download section, you can acquire your relevant forms, those individuals having Income from salary or income other than salary can use form ITR4, after downloading it, read the instructions (it is boring & majority will not understand), then carefully start filling it (these forms get updated each year so, check the latest version in the above link)

In this file, the sheets which you have to use are as follows:

Sheet Name                                       Description

Home                                                where you check/uncheck the filled sheets

Part A General                                              Where you give your Name, Pan details, your ITO ward,  & your Return should be filed under section 11 - u/s 139(1),

Nature of Business                                        Here select your Designation Profession/Industry

PARTB - TI – TTI                                        Fill your bank details in which you want your refund & you have to put your employer’s details (extreme below)

TDS-TCS                                                       Here you have to fill the details of Tax deducted mentioning Certificate Numbers of your FORM 16 & 16A’s

                                                After completing form validate each sheet, if you have entered data in wrong cells an error message will appear.

After Validating the file generates XML File and save it.

(Both validate & Generate XML options can be seen in every sheet)

Now go to the link mentioned above, log in and under E File you can upload this XML File, after you do this an email will be sent to your id with ITR Form which you have to take a print, sign it and send to CPC Bangalore. The address is mentioned at the below of the form.

(Note that this form will be password protected, and it is the combination of your Pan Card Number & Date of Birth.)

The Stipulated time to get your refund is 90 days if you file it online.

If you file manually, Even God doesn’t know when you will get your Tax Returns.

The INCOME Tax Slabs have not changed this year,

A rebate of Rs.2000/- is given to every Individuals in the Bracket of Income above Rs.200000/- to Rs.500000/-, but this credit is applicable from the next Financial year i.e. 2013-2014 (AY 2013-2015)

Good Luck & Happy Filing...