Job Opportunity for Finance Manager at Fortify Health in Pune

About Fortify Health

Fortify Health is a GiveWell-funded non-profit project with a team of dedicated entrepreneurs working to improve nutritional iron status and reduce iron deficiency anaemia at the population scale in Maharashtra, Madhya Pradesh and West Bengal, India. We aim to expand to other states in India in the next three years. We improve nutritional iron status through fortification, a recognised, effective public health intervention that involves the addition of essential micronutrients to staple foods. 

Fortify Health supports millers who are willing to adopt fortification by proactively removing industry barriers, and works with state governments to adopt and expand fortification in social safety net programs (with a focus on the Public Distribution System). Complementing our entrepreneurial model, we provide nutrition training, career development opportunities and a wide range of resources to guide the team.

Position overview

The Finance Manager will be based out of Delhi, at the administrative head office, Development Consortium (DC).  They will maintain Fortify Health’s existing strong finance systems and improve or build new ones as the organisation and its operations expand. The Finance Manager will oversee or support various domains of Fortify Health’s operations, such as organisational budgeting, payroll, Section 8 maintenance and NGO compliance, financial policy development, procurement, expense management and legalities of all sorts. They will work closely with the growing Operations team, which currently includes a team of three but will be 7 by October 2022. The Finance Manager will also work with the Associate Director of Operations based in London to finalise, automate and set up new processes for financial tracking and projections. 

Since Fortify Health is in a period of rapid growth, the Finance Manager has the exciting opportunity to significantly contribute to the organisation’s long-term success and sustainability and will have a lot of room to incorporate their own systems that they develop themselves. They will report to Fortify Health’s Associate Director of Operations and work closely with Fortify Health’s leadership team to implement new operations systems.

Responsibilities and activities

Finance and Operations

• Build and set up a new financial tracking system with Fortify Health’s Associate Director of Operations
• Revamp the current finance process,  introduce and provide training on a system to get quarterly inputs from all managers
• Oversee and document Fortify Health’s cash flow, and communicate it with relevant team members
• Develop and improve budgets for key projects and for funders
• Mentor other team members in finance 
• Prepare financial summaries and reports for donor reports and donor relationship management
• Manage relationship with upcoming auditors
• Conduct Fortify Health’s salary benchmarking exercise with the Associate Director of Operations
• Work closely with Development Consortium on liaising and setting up financial and reporting systems
• Be the focal point for all finance and operations-related tasks and work in close coordination with the Finance and Legal team at DC.
• Continuously learn about new operations procedures and how we can improve ours at FH

Charity status and grant compliances

• Section 8 entity: Coordinate with Fortify Health’s legal directors and CA to manage and oversee compliances Fortify Health’s Section 8 entity, including bank account maintenance, acquisition of 80G and 12A licence, and compliances to receive FCRA
• FCRA: Set out strategy and work with Associate Director of Operations and CEO to carve out optimal path to acquiring FCRA in 2-3 years’ time

Support on Human resources, policies and team culture/values

• Develop and lead operations on boarding presentations for new joiners on finance
• Work with Associate Director of Operations to develop and document new finance, compliance and vendor procurement processes, enlisting and policies for the team as the organisation evolves, and communicate these with the full team
• Ensure the Operations team is working in tandem across all functions to ensure there is cohesion and team culture is maintained.
• Support in hiring and line manage new members of the operations team as the team grows

IT and Information systems

• Pilot and test different information management systems and task management systems to implement as Fortify Health scales
• Support the rest of Fortify Health team in learning how to use such new platforms effectively, in particular, the new financial platform
• Support the HR team in setting up any new IT-tech systems as and when needed 

Requirements

• Four or more years experience/background in finance and operations either in NGO or corporate sector in India
• Bachelors or higher degree in a related field. Any professional degree in Finance (CMA, CA – intermediate, CFA)  will be an added advantage but  not essential
• Ability to make critical and effective  decisions quickly, and a strong sense of intuition and judgement
• Excellent organisational skills and ability to multitask
• Excellent documentation skills
• Excellent attention to detail, especially when dealing with numbers, contracts and budgets
• Strong written and verbal communication skills, with a proven ability to manage relationships between various stakeholders and relay important information clearly and concisely, especially when relating to legal or financial issues
• Ability to learn quickly and ask important and relevant questions about new topics to get the right answers, i.e. strong problem-solving skills
• Ability to work well independently with minimum supervision, as well as with others
• Proven ability to manage professional relationships and to work under pressure
• Willingness to travel depending on project needs
• Willingness to relocate to Delhi
• Based in India and authorisation to work in India (Indian national, eligibility for OCI, etc.)
• Fluency in English and Hindi

Desirable attributes

• Understanding of NGO compliances in India and the FCRA acquisition process
• Experience in working with remote team members
• Experience in working independently
• Relevant experience in NGO field environment 
• Enthusiasm about our opportunity to improve people’s lives
• Values aligned

Terms of employment: Contract for two years, renewal by mutual agreement

Salary and benefits: INR 100,170 per month all-inclusive