Full Job Description
Job location
1) Chennai
Openings: 1 position
Details about the position are as below.
Designation: Accountant
Project: APPI
Salary: Rs.25, 000/- Per Month
Employment: Fixed term contract for 2 years.
Job Description:
Main Responsibilities
Manage all financial processes ensuring confidentiality, accurate and timely record keeping and data management
Process all income and costs, ensuring correct coding, authorisation, and transaction management
Routinely review budgets and monitor change controls, early warnings and contingency drawdowns
Set up and manage Project cash flows
Work closely with external Sr Accountant and Project in charge to create
comprehensive financial plans and track progress as the project advances
Maintain sufficient documentation and check that payments made are in line
with financial guidelines.
Manage the overheads associated with the Project Team including staff costs
Control and reconcile designated balance sheet accounts and project codes
Plan for and manage internal project costs including furniture and equipment
Perform the processing of functional and benefits expense allocations, monthly accruals, amortization of prepaid expenses, fixed assets depreciation and recording of adjusting and reclassification journal entries, if necessary.
Perform general accounts analysis and reconciliations, including bank statements, fixed assets, employer’s benefit costs, accruals and prepaid expenses.
Reporting
Produce monthly finance reports for the project team, to agreed timetables, showing budget, forecast, committed and actual performance against plan, with breakdown of costs and written commentary.
Ensure project budgets and plans are kept up to date to reflect progress and changes to assumptions, including any reforecast as required
Maintain detailed records as required for both internal and external audit purposes
Take responsibility for preparation of all financial and non-financial information required for project sponsors, project managers, Project Board, Trustees and external funders as required in both routine reporting and ad hoc requests
Undertake monthly reviews with budget holders to review Direct Costs
Support managers at all levels to discharge their responsibilities as project staff.
Provide financial input into forward planning process to support completion of project lifecycle
Management of robust financial controls and accounting systems
Delivery of an effective financial management service to support the priorities and success of the project
Effective relationship management with Project team, Finance team and all key stakeholders
Ensure legal payments such as TDS, Professional Tax and Service Tax as applicable are paid in time and the reports pertaining to them are submitted on time.
Essential Knowledge, Skills and Experience
Previous experience of project accounting for a development organisation.
Sufficient accounting experience in a busy, tightly managed medium sized organisation, including: monthly reporting, budget preparation, financial modelling and cash flow reporting
Extensive experience of computerised accounting systems, preferably Tally including report writing
Proficient in Microsoft Office (Word, Power Point, especially Excel).
At least 2 years of non-profit accounting and 3+ of cumulative relevant experience (accounting operations and/or audit).
Must have a Bachelor’s or associate’s degree in accounting
With strong background in budget preparation and grant management (private funders and government grants)
Relevant experience or understanding of financial reporting standards for a NGO
Application details.
Only candidates with relevant experience & qualification should apply for the post.
Application needs to be sent at [email protected]