Indian School of Development Management (ISDM)
## Director, Finance & Operations
**About ISDM**
The Indian School of Development Management (ISDM) is a pioneering institution dedicated to fostering a transformative approach to management, envisioning a world that is just, equitable, and sustainable. Founded in 2016, ISDM cultivates a robust ecosystem for skilled professionals dedicated to advancing social change globally.
Driven by the conviction that the social sector is crucial in addressing humanity’s most pressing challenges, ISDM emphasizes effective management as a key driver for achieving significant impact. The school nurtures talent in Development Management tailored to the unique needs of the social sector, aiming to catalyze sustainable socio-economic and ecological progress on a large scale.
ISDM is committed to establishing itself as a beacon of excellence in higher education, laying the groundwork for a thriving community of practitioners dedicated to driving positive change. Over the past seven years, ISDM has garnered validation, support, and funding from esteemed individuals and organizations. It stands out as the sole institution globally dedicated to fostering a comprehensive ecosystem for Development Management, focusing on pioneering work in critical areas.
ISDM’s initiatives encompass:
* **Knowledge Creation:** Establishing a Global Knowledge Hub to create, disseminate, and institutionalize contextual knowledge on building, leading, and managing social purpose organizations, networks, and platforms.
* **Talent Nurturing:** Offering the Post Graduate Program in Development Management (PGP-DM) to attract and develop top-tier talent capable of addressing management challenges within the sector.
* **Capacity Building:** Providing Strategic Capacity Building programs to enhance individual and institutional capacities in development management, thereby fostering sustainable and scalable social impact.
ISDM has successfully completed its Proof of Concept Phase and is now set for expansion over the next five years. Key achievements include high placement rates for PGP-DM graduates and plans for increased batch sizes, a new campus, international partnerships, and accreditation. The institute is also conducting research and establishing Centres of Excellence in various areas of social impact. Additionally, it offers programs for professionals and resources for grassroots organizations.
ISDM invites individuals who share its vision to join in creating a dynamic, catalytic ecosystem and positioning India as a thought leader in Development Management, ultimately enabling sustainable social impact at scale.
**Job Description**
The Director of Finance and Operations is responsible for managing the financial, digital, and administrative functions of the organization. This role ensures compliance with financial regulations, including the Foreign Contribution Regulation Act (FCRA), and supports the organization’s mission through effective financial planning, management, and administrative oversight.
As a member of the Leadership Team (Panchayat), the position will provide leadership to the Finance function and also assume a strategic role in the overall financial management of the organization. The position will be responsible for developing the organization’s financial strategy, stewardship of financial assets cum resources, and ensuring that the financial and operational assets are properly deployed. In addition to this, the person will be responsible for the overall digital strategy of the organization.
**Key Responsibilities**
**Financial Management:**
* Develop and implement financial strategies, policies, and procedures to support the organization’s objectives.
* Prepare, manage, and monitor the annual budget and financial forecasts.
* Oversee the preparation of accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
* Ensure compliance with financial regulations, including FCRA, tax laws, and donor requirements.
* Manage and oversee the financial reporting process, including reports for donors, management, and the board of directors.
* Conduct financial analysis to support decision-making and strategic planning.
**Compliance and Risk Management:**
* Ensure compliance with FCRA regulations, including timely submission of returns and reports.
* Develop and maintain strong internal controls to safeguard the organization’s assets.
* Coordinate and support external audits and implement audit recommendations.
* Identify and manage financial risks, including those related to foreign exchange, credit, and liquidity.
**Fund Management:**
* Manage donor funds, ensuring they are used effectively and reported accurately.
* Prepare financial reports for donors, ensuring adherence to donor requirements and timelines.
* Monitor and manage cash flow to ensure the organization’s financial stability.
**Administrative Management:**
* Oversee the day-to-day administrative operations of the organization.
* Develop and implement administrative policies and procedures.
* Ensure the efficient management of office space, equipment, and supplies.
* Oversee facility management, ensuring a safe and secure working environment.
* Coordinate the organization of events, meetings, and conferences.
* Manage relationships with vendors and service providers, including negotiating and overseeing contracts and agreements.
**Digital and Systems Management:**
* Oversee the organization’s IT infrastructure, including hardware, software, networks, and systems.
* Ensure the reliability, security, and efficiency of IT systems.
* Provide oversight to staff, addressing IT-related issues and concerns.
* Provide oversight to implementation of data management policies and procedures, ensuring data security and integrity.
**Qualifications and Experience:**
* Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; Master’s degree preferred.
* Professional accounting qualification (e.g., CPA, CA, ACCA) is desirable.
* Minimum of 20 years of experience in financial management and administration, preferably in the NGO sector.
* Strong knowledge of FCRA regulations and compliance requirements.
* Familiarity with the working environment and professional standards of large high-grade nonprofit organizations.
* Experience in budgeting, financial planning, and analysis.
* Proven track record of managing donor funds and preparing financial reports for donors.
* Strong understanding of internal controls and risk management.
* Understanding and working knowledge of accounting software and MS Office, especially Excel.
* Excellent organizational, analytical, and problem-solving skills.
* Strong communication and interpersonal skills.
**Personal Attributes:**
* High level of integrity and ethical standards.
* Detail-oriented and committed to accuracy.
* Ability to work independently and as part of a team.
* Strong leadership and management skills.
* Adaptable and able to manage multiple priorities.
**Job Location:** Noida
**Experience Required:** Minimum 20 years
**Remuneration:** Commensurate with qualifications & experience.
To apply for this job please visit isdm.keka.com.
