Manager – Finance

Manager - Finance

(Function: Finance | Level: Managerial – Level 1)

Organizational Profile

Karuna-Shechen is a social development initiative working extensively in India and Nepal through its respective national organization. The organization acts for a more altruistic world, catering to the needs of the most vulnerable populations. We work in Health, Education, Environment, Food Security, and Economic Development, serving vulnerable and marginalised populace of these regions. We serve remote communities directly intervening at the grass roots level, while fostering a supportive and healthy work environment for our team members. The essence of our work is based on community-driven approaches focusing on integrated community development models.

For more details, please visit: http://karuna-shechen.org

Key Details

• Position: Manager – Finance
• Location: Bodhgaya - Bihar (with travel as needed)
• Reports to: Lead – Finance
• Supervisory Role: Finance Coordinators, Finance Executives and Finance Assistants
• Employment Type: Full-time

At Karuna-Shechen, we seek leaders who embody our organizational values in both their work and relationships. We value individuals who create the team, cultivate joy, listen deeply, act with kindness, remain effective, welcome the unknown, express gratitude and practice Right Speech. These values guide the way we work together, engage with communities and serve others.

Position Overview

The Manager – Finance supports the Lead – Finance in managing the organisation's financial operations, systems, and controls. The role is responsible for budgeting, accounting, statutory and donor compliance, financial reporting, and internal financial monitoring, while ensuring accuracy, transparency, and timely financial management across programmes and operations.

Working under the overall guidance of the Lead – Finance and in close collaboration with Programmes, MEAL, HR, Administration, Procurement, and other support functions, the Manager – Finance ensures that financial systems and processes are implemented in accordance with organisational policies, statutory requirements, donor commitments, and good financial management practices.

Core Responsibilities (70%)

• Support the Lead – Finance in implementing organisational financial strategies, annual budgets, and financial plans aligned with organisational priorities.
• Manage day-to-day financial operations, ensuring timely and accurate accounting, financial transactions, reconciliations, and maintenance of financial records.
• Monitor programme and administrative budgets, expenditure, cash flow, and fund utilisation, ensuring compliance with approved budgets and delegated authority.
• Coordinate statutory, donor, and internal financial reporting, ensuring accuracy, completeness, and timely submission.
• Ensure compliance with organisational financial policies, donor requirements, statutory regulations, and internal control systems, including FCRA, Income Tax, TDS, GST, and other applicable laws.
• Coordinate with auditors and support internal and external audits by ensuring timely documentation, responses, and implementation of audit recommendations.
• Collaborate with Programmes, HR, Administration, Procurement, and other functions to strengthen financial planning, budget management, compliance, and operational effectiveness.
• Strengthen financial systems and team capacity through mentoring, process improvements, documentation, and continuous learning.

Link Responsibilities (15%)

• Collaborate with Programme teams to support budget planning, expenditure monitoring, financial forecasting, and grant management.
• Coordinate with HR, Administration, and Procurement to ensure financial compliance, documentation, and effective resource utilisation.
• Liaise with banks, auditors, statutory authorities, donors, and other external stakeholders on financial matters as required.
• Act on behalf of the Lead – Finance, as delegated or required, to ensure continuity of financial leadership, coordination, and decision-making.

Systemic Responsibilities (15%)

• Promote sound financial governance, accountability, transparency, and prudent resource management across the organisation.
• Strengthen financial systems, internal controls, and compliance through continuous improvement and standardised practices.
• Foster a culture of financial awareness, collaboration, and shared accountability across teams.

Qualifications & Experience

Required

• Master's degree in Commerce, Finance, Accounting, or a related field. CA (Inter)/ICWA or equivalent qualification would be an advantage.
• Minimum 10 years of progressive experience in finance and accounting, preferably within the development or nonprofit sector.
• Strong understanding of financial management, budgeting, donor compliance, and financial controls in development programmes.
• Working knowledge of statutory compliance, including FCRA, Income Tax, TDS, GST, and other applicable regulations.
• Experience in financial reporting, audits, and financial management information systems.

Preferred

• Experience working with donor-funded development programmes and multi-project financial management.
• Proficiency in accounting software (e.g., Tally or equivalent ERP/MIS platforms).
• Experience supporting financial planning, budgeting, and organisational audits.

Skills & Competencies

• Financial management, budgeting, accounting, compliance, and financial reporting.
• Strong understanding of internal controls, donor regulations, statutory compliance, accounting systems, and financial MIS.

• Proactive problem-solving, decision-making, resource planning, and financial risk management skills.
• Team mentoring, capacity building, and performance management abilities.

• Ability to communicate effectively in English, Hindi, and local language.
• Strong stakeholder engagement, coordination, and relationship management skills.
• Good written, analytical, and presentation skills in English and Hindi.

Personal and Behavioural Competencies

• Lead with integrity, humility, accountability and a strong commitment to equity and inclusion.
• Build collaborative, respectful and trusting relationships across teams, partners and communities.
• Foster a culture of learning, innovation, continuous improvement and shared accountability.
• Balance strategic thinking with operational excellence, ensuring attention to both processes and outcomes.
• Demonstrate sound judgement, resilience, adaptability and a proactive, self-driven approach in dynamic and complex environments.
• Remain field-oriented and responsive to community realities while maintaining high professional standards.
• Model the organisational values of Karuna-Shechen in all professional interactions.

To apply, click here - https://forms.gle/TRbqPR6joDboQZc68

 

Disclaimer - 

1. Candidates who have applied in the previous 6 months , need not apply. Only shortlisted candidates will be contacted.

2. Shortlisting will be carried out on a rolling basis. Interested and eligible candidates are encouraged to apply at the earliest.

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