Background

Dasra is India’s leading strategic philanthropy foundation with two decades of advising leading philanthropists, foundations and high-impact NGOs – enabling them to create lasting and systemic impact across the country.

With a team of 100+ professionals with HQ in Mumbai, Dasra has changed the face of Indian philanthropy. We aim to impact lives by:

· Strategic giving: Directing over INR 500 Cr in funding commitments to the social sector & engaging 3,000 philanthropists, multi-lateral agencies and corporate foundations

· Building Institutions: Advising and growing 730 non-profit organizations and social businesses and evaluating over 2,000 non-profit organizations and social businesses

· Empowering Adolescents: Through our multi-million dollar and multi-stakeholder collaborative platform, we aim to transform the lives of adolescent girls and boys in India.

· Transforming Urban Sanitation: Dasra, in partnership with the Bill and Melinda Gates Foundation is driving collaborative action to accelerate sustainable sanitation solutions.

· Collaborating with organizations such as Azim Premji Philanthropic Initiatives, Bank of America, Bill & Melinda Gates Foundation, Nilekani Philanthropies, Omidyar Network, Tata Trusts & USAID among others to move the needle on ensuring dignity and equity for all.

Our Vision: Towards a transformed India, where a billion thrive with dignity and equity

Our Mission: Drive collective action to accelerate social change

2. Position Summary

Motivated and detail-oriented finance and compliance professional with a solid foundation in compliance, financial and accounting principles. Eager to contribute as a finance staff at Dasra, providing crucial support in day-to-day financial and compliance related operations. Experienced in regulatory compliance, management of donor and vendor MIS, document management, with a focus on contributing to compliance, budgeting, financial accounting, and reporting functions.

3. Principal Accountabilities / Key Deliverables

1. Compliance Management:

· Stay abreast of relevant financial regulations, laws, and best practices to ensure organizational compliance

· Take a lead role in Income tax scrutiny and assessments, FCRA and other regulatory inspections

· Assist in conducting compliance audits and reviews to assess compliance with internal policies and external regulations

· Assist in review/development and implementation of policies and procedures to uphold compliance standards across all financial activities

· Assist in collaboration with program departments to address compliance issues and implement corrective measures as needed

2. Statutory and Secretarial Compliance:

· Ensure compliance with statutory requirements and regulations applicable to the organization included but not limited to Income Tax, FCRA, MCA and GST.

· Maintain records and filings required by regulatory authorities, such as tax filings (TDS, Profession tax, Income Tax, FCRA, MCA including Secretarial filings etc), annual reports, and registrations

· Prepare and file necessary documentation for board meetings, including meeting notices, agendas, and minutes

· Assist in the preparation of legal documents, contracts, and agreements, ensuring compliance with relevant laws and regulations

· Liaise with external legal counsel (Company Secretary), Tax consultant and regulatory authorities as needed to address compliance requirements

· Maintain a record of all active licenses/registration certificates and take proactive actions for its renewal and assist in new/fresh application of the any registration.

3. Financial Reporting and Record Keeping:

· Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, and general ledger entries

· Assist in the preparation of financial statements, Cash and fund flow statements, budgets, and forecasts, ensuring accuracy and completeness

· Support in reviewing the Invoice along with the supporting as per the purchase policy and ensuring adherence to all relevant policy.

4. Vendor & Donor Management

· Assist the team as one of the primary points of contact for donors and vendors regarding financial matters

· Establish and maintain strong relationships with different teams to manage donors and vendors MIS, ensuring timely communication and resolution of inquiries

· Coordinate the receipt and processing of donations and vendor invoices, ensuring accuracy and compliance with organizational policies

· Monitor donor agreements and vendor contracts to ensure compliance with financial terms and conditions

· Assist in preparation of financial reports for donors, providing transparency and accountability regarding fund utilization

· Play a pivotal role in steering the entire lifecycle of grants disbursement, revisiting the current process and flowchart.

· Efficiently manage the end-to-end process of grants disbursement, including KYC review, disbursement, monitoring and reporting.

· Ensure compliance with relevant law, grant guidelines and donor requirements.
Cross-Functional Collaboration:
· Work closely with other departments, such as programs, grants management, talent management and administration, to support financial aspects of projects and initiatives

· Assist in providing financial guidance and support to colleagues, ensuring compliance with financial policies and procedures

· Participate in meetings and discussions related to financial planning, compliance management, fundraising, and program implementation.

Process Efficiency:

· Identify opportunities to enhance process efficiency within the compliance management and finance function.

· Implement improvements to streamline internal compliance processes.

Others:

· Keep abreast of the latest development in the financial regulations as well as NGO sector specific rules and regulations.

· Maintain a positive and ethical work climate that is conducive to attracting

4. Key Skills & Competencies

Education and Work experience

· Master’s Degree in commerce or Inter-CA with 3-5 years of experience in regulatory and secretarial compliances & financial management.

· Working experience with Non-Profit organisation would be an added advantage

Required skills and abilities

· Excellent knowledge of statutory and secretarial compliance for NGOs

· Sound accounting, book keeping knowledge, advanced knowledge and proficiency in excel.

· Ability to analyse financial information effectively; proficiency in Tally ERP accounting system

· Excellent communication and inter-personal skills;

· Excellent organizational, time management, multi-tasking and project management skills;

· Ability to self-initiate, problem solve, make decisions independently

· Ability to work in an international and multi-cultural team, under pressure and to tight deadlines

To apply for this job please visit dasra.darwinbox.in.