About Ummeed:
Ummeed, a premier non-profit organization working with children with disabilities and their families in India. The organization supports children with developmental disabilities to reach their maximum potential and be included in society.
India has over 50 million children with disabilities. With access to appropriate health, intervention, education, recreation, and livelihood services they can be supported to become participative members of society. Today most of them have limited or no access to relevant knowledge and services as the number of organizations and professionals in the space are inadequate to meet the need.
Over the past 25 years, Ummeed has provided direct clinical services to 16,400+ children and families, trained over 14,600 unique professionals (community workers, doctors, therapists, and teachers) across India, and influenced the lives of over 0.73 million children and families with or at risk of developmental disabilities. In addition to direct clinical services, training, and capacity building, Ummeed's conducts research in the field of child development, and builds awareness to sensitize people to the cause and shift attitudes towards disability and inclusion. As Ummeed looks to the future, its goal is to build on this past work to drive strategic shifts across three key ecosystems – Healthcare, Schools, and Early Childhood Development – to create a more inclusive society for children with and at high likelihood of disabilities in India.
About the Position:
The Finance team at Ummeed is responsible for Accounting, Taxation, Banking, Compliance, Budgets, MIS and Risk Assessment. The team is looking for an experienced Assistant Manager to undertake aspects of regulatory & financial reporting, tax & compliance, budget & forecasts.
Individuals who are keen to explore growing into a future role in the areas of compliance, legal & secretarial, and support the existing senior personnel in this department may also apply.
Primary responsibilities include:
Grants and Donor Reporting:
- To prepare donor budgets in coordination with the Fund Raising and Donor Management (FR-DM) team and tracking them periodically.
- Forecasting/ projecting expenses related to projects and donors.
- To review/ prepare fund utilization (FU) reports for donors with proper reasoning for variance 10%.
- To interact with auditors in getting FU certificate attested within prescribed timelines.
- Regularly monitoring / reviewing Budget vs Actuals and improving processes around it.
- To attend queries from project teams on budget allocation and expense utilization and responding to their queries.
- Coordinate with the FR-DM team for any ad hoc donor reports.
Direct Tax compliances:
- Should have good knowledge of TDS provisions with proper rates / sections and ensure timely payments and filing of returns in coordination with third party vendors.
- Should be able to reconcile 26AS and resolve issues if any.
- Should have good knowledge on GST compliances and ensure timely payments and filing of returns in coordination with third party vendors.
- Keeping track of Income tax, GST and statutory notices and following up with third party vendors for resolution of such cases.
- Should be able to independently coordinate with auditors and work on the statement of accounts, computation of income, Trust law, Income tax and FCRA returns.
- To assist the team with income tax, GST, FCRA and other statutory filings.
Accounting & Team Responsibilities:
- Own daily accounting under appropriate cost centres, (Bookkeeping, AP & AR)
- Reviewing books of accounts, ensuring accuracy of accounting statements in line with statutory requirements
- Maintenance of separate FCRA accounts
- Should be able to independently handle internal, statutory & donor audits and resolution of queries.
- Assist the team in monthly closure of books and finalisation of accounts.
- Ensure adherence to controls and processes, and suggesting improvements where needed.
- Support automation in the Accounts & Finance department.
- Work closely with HR and payroll vendor to ensure timely payment of salaries
- Ensure all statutory deductions are deposited and reported as required
- Liaison with staff for tax declarations and subsequent compliance
- Manage vendor payments, timely statutory deductions, and updated vendor information
- Support planned and unforeseen business requirements, enhancements, and other finance & accounting requests
Secretarial, Corporate Governance & Regulatory Compliance:
The future potential role in compliance, legal and secretarial may include the following responsibilities. (Post 1 year of service). The candidate does not need to have existing experience in these areas but rather an interest to grow into this position.
The position will support senior department personnel to:
- Handle secretarial and corporate compliance matters, including preparation of notices, agendas and supporting papers for Board of Directors meetings, committee meetings and Annual General Meetings, and ensure circulation, record keeping and follow-up on action points.
- Coordinate filing of statutory forms, annual returns and other applicable returns/intimations with the Registrar of Companies and other regulatory authorities within prescribed timelines.
- Maintain and update statutory registers, records, resolutions, minutes and compliance documentation in accordance with applicable company law and internal governance requirements.
- Facilitate KYC documentation and periodic updates for Board of Directors, authorized signatories and key officials for banking purposes, including coordination with banks and internal stakeholders as per applicable banking requirements.
- Support KYC, authorized signatory updates, documentation and compliance requirements relating to FCRA bank accounts and filings, ensuring alignment with the FCRA Act, related rules and organisational policies.
- Liaison with external legal and compliance consultants
Minimum Qualifications required:
- B.Com/ Master's in finance/ Semi-qualified CA/ CS with 4+ years of work experience in the Accounts and Finance, Company Secretarial domain in NGO/ Charitable sector.
Essential Skills Required:
- Proficiency in computer skills and Microsoft software tools like MS Word, Excel, PowerPoint.
- Excellent knowledge of Tally ERP and Prime.
- Experience with GST, income tax filing, and statutory payments
- Strong organizational skills, great leadership qualities and exceptional budgeting and monitoring skills.
- Diligent, organized, attention to detail, and careful with documentation and document management.
- Inspires trust, confidence, and a high level of trustworthiness in dealing with sensitive personal and organizational data.
- Ability to work independently, think strategically and make decisions.
- Willing to work in a team and support team members.
- Excellent communication skills in English and Hindi.
- Ability to multitask and adhere to timelines.
Good to Have:
- Advanced experience of budgeting and business analysis in TallyPrime
- Experience with ERP systems other than Tally
Working Hours: This is a full-time position involving 8 hours per day/40 hours a week.
Reporting to: Head - Accounts & Finance
Why Ummeed
Ummeed offers:
- A challenging but flexible work environment that offers opportunities for growth and creating impact at scale
- A leadership that invests in its people, giving them the freedom to explore, innovate, learn, while responsibly delivering on committed outcomes
- A strong culture of respecting diversity, being inclusive and committed to serving children with disabilities and their families
- An opportunity to work in collaboration with a diverse group of highly passionate, motivated and talented individuals
Others:
- Ummeed is an equal opportunity employer and is committed to diverse representation in its workforce. We welcome people of all genders, orientations, ethnicities, religions, and social backgrounds. We especially encourage persons with disabilities and parents of children with disabilities to apply.
