Finance Assistant for BISA

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About the Organization

CIMMYT is a cutting edge, non-profit, international organization dedicated to solving tomorrow's problems today. It is entrusted with fostering improved quantity, quality, and dependability of production systems and basic cereals such as maize, wheat, triticale, sorghum, millets, and associated crops through applied agricultural science, particularly in the Global South, through building strong partnerships. This combination enhances the livelihood trajectories and resilience of millions of resource-poor farmers, while working towards a more productive, inclusive, and resilient agrifood system within planetary boundaries.

Job Description

We are seeking dynamic, innovative, self-motivated, and service-oriented professionals for the position of Finance Analyst

The position will be based in Project districts: Bihar Samastipur.

Job Responsibilities

• Ensure the timely updating of accounting records, including bank accounting, processing journal entries, and reconciling farm accounts in the general ledger.
• Guarantee prompt payments to vendors, staff advances, and claims.
• Maintain accurate accounting records within the accounting software.
• Prepare Bank Reconciliation Statements and other reconciliations on a monthly basis.
• Ensure complete compliance with applicable regulations, including the IT Act, PF, GST, and Labour Act.
• Conduct timely closure of farm accounts and submit closing documents to headquarters.
• Execute month-end checklists and controls.
• Advise farm staff regarding adherence to procedures outlined in the finance policy.
• Oversee and update the monthly cash book.
• Establish and uphold a system of internal controls related to financial reporting and compliance.
• Manage both internal and external audits, ensuring the implementation of audit recommendations at the farm level.
• Liaise with local banks and other authorities.
• Request funds from the Delhi office.
• Review the asset register prepared by the operational assistant against the accounting records on a monthly basis.
• Conduct a monthly review of vehicle logbooks.
• Perform a monthly review of reconciliations prepared by the operational assistant.
• Evaluate the quotes and comparative statements prepared by the operational assistant prior to sending them to headquarters for the issuance of Purchase Orders.
• Review labor records and other supporting documents verified by the operational assistant before submitting them to headquarters for payment processing.
• Prepare valuations of consumables.
• Prepare valuations for crops in the field.
• Perform any additional duties as assigned by the supervisor.

Education Qualification/Required Skills & Experience

• Possession of a degree in Commerce or Business Administration from a recognized institution, along with 5 to 6 years of experience in finance, accounting, and taxation.
• Experience in the Development Sector or Non-Profit organizations is essential.
• Candidates who have completed CA Inter or CMA Inter will be given preference.
• Proficiency in written and spoken English is required.
• Strong understanding of all pertinent laws and statutory legal requirements.
• Familiarity with QuickBooks, MS Office Suite, and other accounting software is necessary.
• Ability to function effectively under pressure and manage multiple priorities.
• Demonstrated capacity for rapid learning and adaptability to changing demands.
• The ideal candidate must demonstrate the following competencies: Customer Orientation, Proactivity, Relationship Management, Problem-Solving, Communication, Teamwork, and Achievement Orientation.
• Strong creative thinking abilities, teamwork, integrity, and effective communication skills are essential.

For more information please check the Link

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