DIRECTOR / MANAGER OF FINANCE AND GRANTS ADMINISTRATION

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Job Title: DIRECTOR / MANAGER OF FINANCE AND GRANTS ADMINISTRATION

Organization: SHAKTI: INDIA SUSTAINABLE ENERGY FOUNDATION
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About the Organization:
Shakti is a private foundation whose mission is to build a sustainable and secure future for India’s citizens by supporting policies that promote energy efficiency, sustainable transportation, and renewable energy. The Foundation works at the intersection of public health, energy security, and low-carbon growth. Shakti has a strategic, targeted approach to grant-making, and convenes local NGOs, experts, and academic researchers in order to help build and implement smart energy policies. Shakti is comprised of a dedicated Board and a small, high-caliber staff, based in New Delhi. Shakti has a strong emphasis on building a collaborative work culture and its personnel are expected to represent the organization’s values. Shakti is part of the ClimateWorks network, a global family of organizations that work in the nations and economic sectors with the highest potential for low-carbon economic growth.


Position Summary:
We seek a committed, responsible, energetic, and professional individual to serve as the Director/Manager of Finance and Grants Administration. This position will be responsible for Shakti’s finance, accounting, and contract and grants functions. The director/manager will prepare and monitor grant and organization budgets and provide accurate and useful reporting to executive management, Board of Directors, and funders. The diligence and integrity of the individual holding this position will be vital the fiscal health and welfare of the organization. The position will take strategic direction, particularly on the budget, from the Chief Executive Officer and work closely with the Director of Operations.

As a member of the Shakti team, you will experience the benefits of working in a new philanthropic venture: close-working relationships with colleagues and broad impact on securing a sustainable energy future for India.

Primary Responsibilities:
Includes the following and other duties as assigned.
• Serve as the authoritative financial expert for the organization, overseeing the annual audit, tax reporting, and ensuring compliance with all reporting entities.
• Oversee all financial reporting activities, providing timely, accurate, and actionable information to executive management, Board of Directors, and funders.
• Manage the day-to-day operations of accounting, payroll, contracts and grants administration.
• Develop and maintain accounting, grants administration and related systems and internal controls, using technology wherever possible to streamline operations.
• Oversee all grant and gift accounting including determination when commitments are made, when restrictions are released, and appropriate discount rates for multi-year transactions.
• Prepare and monitor grant budgets and organization budgets, update forecasts and cash projections.
• Manage cash, set appropriate reserve levels, and optimize cash flow requirements.
• Develop and update policies and procedures to ensure proper internal controls, identify risk areas and mitigate.
• Review large professional service contracts for terms and conditions. Monitor and approve progress payments against contracts.
• Perform monthly bank and accounting system reconciliation
• Creating and enforcing grant activity timelines

QUALIFICATIONS:

• Undergraduate degree in business, finance, accounting or related field: Chartered Accountant or MBA preferred
• Minimum eight years of related experience, at least two years of direct not-for-profit financial management experience would be preferable
• Experience in pre and post-grant management
• Thorough knowledge of accounting system implementation, legal guidelines and audits and tax returns
• Superior Excel and financial modeling, budgeting, forecasting and projections skills

OTHER SKILLS:
• Impeccable character, integrity, and honesty
• Extraordinary communication skills and ability to communicate in writing to audiences from administrative staff to Board members.
• Leadership and entrepreneurial spirit
• A passionate commitment to Shakti’s values, mission, and purpose


Compensation and Benefits:
The position will be located in New Delhi, currently in Saket, but relocating to Munirka in mid-2010. The working conditions include working with dynamic, enthusiastic and engaged colleagues in an open and collaborative environment. We offer a competitive salary, commensurate with experience.

Location: New Delhi

To apply interested candidates can send in their CVs along with three references, a cover note and salary requirements to director.gfa@gmail.com. Please mention in the subject line the position for which you are applying. Only shortlisted candidates will be contacted. Last date for applications is 10th June 2010.

CA

8 Years

As per industry standard