Director - Finance

Position: Director - Finance 

Organization: Directorate India (DI), Linsi Foundation 

Program: Family Focused Village Development Program (FFVDP) 

Immediate Reporting to: Team Leader, Directorate India 

Primary Reporting: Head of International Commitment, Linsi Foundation, Switzerland 

Location: Work from Home, with frequent travel to program locations in Tamil Nadu, Andhra Pradesh, and Odisha

Salary: INR 8 Lakh per annum, with perks and benefits

Role Summary

The Director - Finance is a critical role within the Directorate India team, responsible for ensuring the effective and efficient use of funds by partner NGOs. This position demands a highly skilled individual capable of establishing robust financial systems, ensuring compliance, and maintaining financial integrity. The Director - Finance will collaborate closely with other Directors to achieve the program's objectives.

Key Responsibilities

1. Financial Management and Oversight

• Guide partner NGOs in utilizing funds efficiently and effectively, ensuring adherence to financial policies and procedures.
• Help NGOs develop, implement, and maintain comprehensive financial systems and procedures to support accurate financial reporting.
• Oversee the preparation of budgets, financial statements, and financial forecasts, ensuring alignment with FFVDP program objectives.
• Monitor and analyze financial performance, identifying areas for improvement and implementing corrective actions as needed.
• Ensure timely and accurate submission of financial reports to internal and external stakeholders.
• Keep the Directorate India (DI) and the Linsi Foundation informed of any changes initiated by the Government of India that influence our work in the country.

2. Compliance and Risk Management

• Ensuring compliance with financial regulations and guidelines
• Risk management: Identification and assessment of strategic and financial risks.
• Ensure adherence to all statutory and regulatory requirements, including Income Tax (IT), Foreign Contribution (Regulation) Act (FCRA), and other NGO-specific regulations.
• Conduct regular audits and financial reviews to ensure compliance with organizational policies and legal requirements.
• Identify potential financial risks and develop strategies to mitigate them, including the implementation of internal controls.
• Ensure that financial practices align with industry standards and best practices.
• Organize internal and external audits as needed, in consultation with the team.

3. Capacity Building

• Provide training and capacity-building support to partner NGOs on financial management, compliance, and reporting requirements.
• Organize and facilitate workshops, seminars, and training sessions to enhance the financial literacy and accountability of partner organizations.
• Mentor and support partner NGO finance teams to strengthen their financial management capabilities.

4. Team Collaboration

• The Director Finance organises and optimises internal work processes and leads employees using a participative management style
• Collaborate with other Directors to ensure the integration of financial management with programmatic goals and objectives.
• Participate in strategic planning and decision-making processes, providing financial insights and recommendations.
• Foster a collaborative and cohesive team environment within Directorate India, promoting open communication and teamwork.

5. Reporting and Communication

• Prepare and present comprehensive financial reports to the Team Leader and the Person in charge of International Cooperation, providing detailed analyses and recommendations.
• Ensure clear and transparent communication of financial matters within the organization and with external stakeholders.
• Maintain regular communication with partner NGOs to address financial issues and provide guidance as needed.

Eligibility criteria:

Qualification:

• Postgraduate degree in Commerce (MCom) and/or Business Management (Finance).

Experience

• Minimum of 5 years of development experience, with at least 2 years working with an International Non-Governmental Organization (INGO).
• Proven experience in financial management, budgeting, and compliance within the NGO sector.

Skills and Competencies:

• Proficient in Tally and other financial management software.
• Strong knowledge of Income Tax (IT), FCRA, and other NGO compliance requirements.
• Excellent written and verbal communication skills in English.
• Ability to work effectively as part of a team and build strong relationships with colleagues and partners.
• Excellent IT skills, with proficiency in using portals and online platforms.

Attributes:

• Integrity: High ethical standards and commitment to transparency and accountability.
• Leadership: Strong leadership skills with the ability to inspire and guide others.
• Analytical Thinking:  Ability to analyze complex financial data and provide actionable insights.
• Collaboration: Excellent interpersonal skills and the ability to work well with diverse teams.
• Exact and careful way of working, reliable and punctual
• Flexibility and ability to work in a team
• Independent way of working with a high service orientation

The last date for receiving the application would be on 15^th August 2023. 

If you are qualified and interested to apply for this position, please send your CV and a covering letter to Sangeetha.g@ffvdp.org  

Please be informed that only shortlisted candidates will be intimated for further process. Kindly refrain from contacting us regarding the application. 

Note:  Women candidates are encouraged to apply.

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