Job Opportunity for Finance Manager at American India Foundation in New Delhi, Delhi, India

## Finance Manager 

 

**American India Foundation**

 

**New Delhi, Delhi, India**

 

**About American India Foundation**

 

The American India Foundation Trust (AIFT) is a non-profit organization committed to improving the lives of India’s underprivileged, with a special focus on women, children, and youth. Founded over two decades ago, AIFT has impacted the lives of 18.88 million individuals across 35 States and Union Territories of India.

 

**Job Description**

 

The Finance Manager plays a crucial role in ensuring the financial health and regulatory compliance of AIFT. This position reports to the Director-Finance & Administration and is responsible for a wide range of duties, including:

 

**Financial Accounting:**

 

* Maintaining AIFT’s financial system and software, including ERP Administrator maintenance.

* Ensuring financial management, control, and regulatory compliance by adhering to organizational policies.

* Conducting monthly reviews of consolidated organizational budget performance against individual project budgets.

* Forecasting expenses and tracking commitments against approved cash positions.

* Advising the Director-Finance & Administration on financial trends and changes, proactively communicating potential issues.

* Supporting long-term budgetary planning and costs management in alignment with AIFT’s strategic and project plans.

* Collaborating with all Functions & Programs to ensure financial alignment with approved budgets.

* Managing filing systems and maintaining office records/registers.

* Supervising the Accountant / Finance Officer on a daily basis.

 

**Statutory Compliances:**

 

* Coordinating with statutory auditors for the annual audit process.

* Coordinating with internal auditors for concurrent audits to ensure financial compliance with organizational procedures and guidelines.

* Supporting donor audits, including addressing audit queries and preparing reports.

* Coordinating with tax/PF consultants for preparing replies to notices from Income Tax and PF departments.

* Ensuring timely payment and deposit of EPF on a month-to-month basis.

 

**Grant Management & MIS:**

 

* Coordinating with Program teams in managing grants and contracts.

* Reviewing financial reports and documents submitted by partners.

* Processing due diligence for new partners, signing MOUs, releasing tranches, and closing individual partner grants online.

* Reconciling donor balances.

* Analyzing donor agreements to ensure the use of funds as per agreements.

* Tracking online donations.

* Providing documents and information for new grant proposals.

 

**Project Accounting:**

 

* Managing project accounting for AIFT projects implemented through partner NGOs.

* Tracking advances made to projects and individuals and reconciling them upon submission of bills.

* Coordinating with project staff for financial queries and clarifications.

* Preparing donor reports/utilization certificates in coordination with Program teams.

* Conducting financial reviews of selected NGO partners.

 

**Qualifications and Experience:**

 

* M.Com/MBA in Finance.

* 8-12 years of experience in finance and accounting. Experience with a not-for-profit is a plus.

* Experience working on ERP software preferred.

* Working knowledge of Excel spreadsheets.

 

**Skills:**

 

* Strong interpersonal and communication skills.

* Ability to work collaboratively as part of a team.

* Ability to multitask and handle multiple projects simultaneously.

* Ability to think creatively and strategically.

* Proven leadership skills.

 

**Other:**

 

* Salary will be commensurate with experience.

* Travel to project offices across India will be required.

* The position is available immediately. 

 

**To Apply:** 

 

Please note that the application process requires a link to an external form. As per the instructions, this section has been omitted.