Wednesday 11 July 2018

Chief Finance Officer (CFO) - Job Description

Location - Head Office, Pune

About Bharatiya Jain Sanghatana

Established in the year 1985, Bharatiya Jain Sanghatana (BJS) has been in the forefront of addressing national concerns in the areas of Disaster Response, Social Development and Educational Initiatives. Having its head office in Pune, BJS is a non-political, non-profit, professionally managed Non-Governmental Organization (NGO) with a nationwide footprint working towards the benefit of all.

Primary Responsibility:

Planning:

• Assist in formulating the organization's future direction and supporting tactical initiatives
• Monitor and direct the implementation of strategic plans
• Develop financial and tax strategies
• Manage the capital request and budgeting processes
• Develop performance measures that support the organization's strategic direction

Operations:

• Participate in key decisions as a member of the executive management team
• Manage the accounting, donor relations, legal, tax related areas of BJS
• Oversee the financial operations of all functional areas of BJS.
• Manage any third parties to which accounting or finance functions have been outsourced
• Oversee the company's transaction processing systems
• Implement operational best practices
• Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
• Supervise all due diligence

Financial Information:

• Oversee the issuance of financial information to internal & external stakeholders.
• Review and approve all monthly, quarterly & annual financial statements.
• Report financial results to the Trust Board as and when required.

Risk Management:

1. Understand and mitigate key elements of the organization's risk profile
2. Monitor all open legal issues involving BJS, and legal issues.
3. Construct and monitor reliable control systems
4. Maintain appropriate insurance coverage
5. Ensure that BJS complies with all legal and regulatory requirements
6. Ensure that record keeping meets the requirements of auditors and government agencies
7. Report risk issues to the audit committee of the board of directors
8. Maintain relations with external auditors and investigate their findings and recommendations

Funding:
Monitor cash balances and cash forecast

Third Parties:

1. Maintain banking relationships
2. Represent BJS with investment bankers and donor

Desired Requirements:

1. Proven experience as CFO, finance officer or relevant role
2. In depth knowledge of Not-for-Profit financial law and risk management practices
3. The candidate (Chief Financial Officer) should have a master's degree in accounting and 10+ years of progressively responsible experience for any Not-for-Profit organization.
4. Should have experience in partnering with an executive team, and have a high level of written and oral communication skills & people skill.
5. Preference will be given to candidates with an MBA in Finance and Charted Accountant.
6. Excellent knowledge of data analysis and forecasting methods
7. Proficient in the use of MS Office and TALLY
8. Ability to strategize and solve problems
9. Strong leadership and organizational skills

Contact email ID - msarkar@mutthafoundation.org

Contact Person - Mitali Sarkar
Job Email id:msarkar(at)mutthafoundation.org

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