Finance Executive in Oasis India – Head office – Bangalore.

Banglore
Posted 1 month ago

 Job Opening for Finance Executive in Oasis India- Head office-Bangalore.

 JOB DESCRIPTION

 Title: Finance Executive-Bangalore

 Department: Finance 

 Reporting to: Head of Finance & Administration

 Responsible for: None

 Hours: 40 hours per week

 Key Responsibilities:

  • Responsible for the preparation of management accounts for Bangalore on a monthly basis.
  • Report to management on a monthly basis, details of income & expenditure, summary of project expenses (month & YTD) and cash flow.
  • Responsible to ensure compliance to laws and regulations which govern Societies, Professional Tax, Provident Fund and TDS in both cities.
  • Liaise with the audit team for interim and final audits and assists with the preparation of the audit schedule as required.
  • Ensure all audit observations are satisfactorily closed.
  • Internal reporting to management on a monthly basis on establishment expenses, fundraising & communications (budget vs actual and variance).
  • Responsible for donor reporting as per agreed schedules (refer grant letter).
  • Quarterly travel to Chennai to oversee general accounting and supervise progress of the accounting staff.
  • Regular visits to projects to assess the work of project accounts, petty cash management, identify any process gaps and recommend appropriate intervention plan or measures.
  • Liaise with banks for routine banking matters which may arise from time to time.
  • Performance appraisal of direct reports twice a year, this should preferably be in writing and measured against set objectives.
  • Assist with the preparation of yearly budgets and revisions as advised by management, tracking actual vs budget on a monthly basis and highlighting variances.
  • Reconciliation of FCRA and LC accounts of Bangalore.
  • Preparation of FC status and consolidation of financial status across the cities on monthly status.
  • Ensuring of Asset Management
  • To carry out other tasks relating to the job description as may be reasonably required by the Head of Finance & Administration.

 Key Result Areas:

  • Reports are submitted to the management in a timely and accurate manner.
  • All statutory requirements are adhered to and are up to date.
  • Good cash flow and cash management practices are in place and followed.

 Qualifications & Experience:

  • Master’s degree in Commerce or MBA Finance.
  • A minimum of 2 years of relevant experience which should include minimum of 1 years of experience in Finance & Accounts.
  • Experience in Development Sector/NGO will be an asset.
  • Working knowledge in Tally ERP is a must.
  • Ability to communicate effectively, orally and in writing in English. Knowledge of Kannada and Tamil preferred.
  • Good knowledge of computer – Windows and Microsoft Office applications (Outlook, Word, Excel, PowerPoint).

 Interested candidates can share their updated resume on HR@Oasisindia.org

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