Associate Director, Finance, Lucknow

Role: Associate Director, Finance, Lucknow
Experience: 12-18 years | Salary: 17-24 LPA
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Job Summary:

The Associate Director of Finance will play a critical leadership role in overseeing all financial operations of the organization in Lucknow. This position is responsible for ensuring the financial health, integrity, and compliance of the organization, with a strong focus on grant management, FCRA compliance, and strategic financial planning in a non-profit context. The ideal candidate will be a seasoned finance professional with a proven track record in the non-profit sector, possessing strong leadership skills and an unwavering commitment to accuracy and transparency.

Key Responsibilities:

1. Financial Forecasting & Planning:
   • Lead the development and implementation of robust financial forecasting models and annual budgets.
   • Provide strategic financial insights and recommendations to senior leadership for informed decision-making and sustainable growth.
   • Monitor financial performance against budget, analyze variances, and provide actionable reports.
2. FCRA Management & Compliance:
   • Ensure strict adherence to all provisions of the Foreign Contribution (Regulation) Act (FCRA), 2010, and its subsequent amendments.
   • Oversee the accurate and timely filing of all FCRA-related returns and reports.
   • Stay updated on changes in FCRA regulations and proactively implement necessary adjustments to policies and procedures.
3. Capacity Building of Finance Team:
   • Develop and implement training programs to enhance the skills and knowledge of the finance team members.
   • Foster a culture of continuous learning, professional development, and best practices within the finance department.
   • Mentor and guide finance managers and associates to improve their technical and leadership capabilities.
4. Compliance & Risk Management:
   • Ensure compliance with all relevant financial regulations, tax laws, and organizational policies.
   • Implement and maintain strong internal controls to safeguard organizational assets and prevent financial irregularities.
   • Identify and mitigate financial risks, developing contingency plans as necessary.
5. Grant Management & CSR Budgeting:
   • Oversee the financial aspects of all grants, including budgeting, expenditure tracking, and reporting.
   • Collaborate closely with program teams to ensure grant expenditures align with approved budgets and donor requirements.
   • Manage and monitor Corporate Social Responsibility (CSR) budgets, ensuring proper allocation and utilization of funds in line with CSR policies and project objectives.
6. Grant Spending Reporting:
   • Lead the preparation and submission of accurate and timely grant spending reports for approximately 50-70 CSR partners and other donors.
   • Ensure all reports are compliant with donor agreements and internal financial guidelines.
   • Develop and refine reporting templates and processes for efficiency and clarity.
7. Team Leadership & Management:
   • Manage, supervise, and provide leadership to a team of finance managers and associates.
   • Conduct performance reviews, set clear objectives, and provide constructive feedback to team members.
   • Foster a collaborative and high-performing team environment.
8. Audits, Reports & Error-Free Operations:
   • Coordinate and manage all internal and external financial audits, ensuring a smooth and efficient process.
   • Prepare comprehensive financial statements, reports, and analyses for management, board, and donors.
   • Maintain the highest standards of accuracy and attention to detail in all financial records, reports, and forecasting activities, striving for utmost error-free operations.
9. Financial Systems & Processes:
   • Oversee the effective utilization of financial management software and systems.
   • Identify opportunities for process improvements and automation to enhance efficiency and accuracy in financial operations.

Qualifications:

• Master's degree in Finance, Accounting, Business Administration, or a related field (e.g., MBA Finance, M.Com).
• Minimum of 10-12 years of progressive experience in finance and accounting, with at least 5 years in a leadership role within the non-profit sector.
• Demonstrated expertise in FCRA compliance and regulations is essential.
• Proven experience in grant financial management, donor reporting, and CSR budgeting.
• Strong understanding of Indian accounting standards and tax laws.
• Excellent leadership, team management, and capacity-building skills.
• Exceptional analytical, problem-solving, and decision-making abilities.
• High level of proficiency in financial software and MS Office Suite, especially advanced Excel.
• Excellent communication and interpersonal skills, with the ability to present complex financial information clearly to diverse audiences.
• Ability to work independently and collaboratively in a fast-paced environment.

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Hiring Note: Applications will be reviewed on a rolling basis. This job is first posted on May 30, 2025, on GroundZeroJobs.Org

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