5 - 10 years

7 - 12 Lacs

Posted:None| Platform: Naukri logo

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Job Type

Full Time

Job Description

The Himalayan Institute of Alternatives, Ladakh, is seeking a highly skilled and experienced Finance Head to lead our finance department. As the Finance Head, you will play a crucial role in ensuring the financial stability and success of our organization. You will be responsible for developing and maintaining financial forecasting models, supervising a team of accountants, and identifying cost-saving solutions. Additionally, you will collaborate with senior management to explore alternative funding options, manage resource allocation, and ensure compliance through audits.

Key Responsibilities:


Financial Forecasting:

Develop and maintain forecasting models for monthly, quarterly, and annual financial results to provide accurate and timely financial insights to the organization. Team Leadership:
Provide strong leadership and supervision to a team of accountants, ensuring accuracy and efficiency in all financial transactions. Foster a culture of collaboration, continuous improvement, and professional development within the team. Cost Optimization:
Identify opportunities for cost-saving solutions to optimize financial performance, enhancing the financial sustainability of the organization. Funding Exploration:
Collaborate with senior management to explore alternate funding options for projects and initiatives, including grants, partnerships, and investment opportunities. Resource Management:
Oversee resource allocation and cash flow management to maintain financial stability and ensure that the organization can meet its financial obligations and strategic goals. Budget Approval:
Review and approve budgets, ensuring they align with the organizational goals and financial constraints. Monitor budget performance and recommend adjustments when necessary. Vendor Payments and Payroll:
Ensure timely payments to vendors and the punctual release of employee salaries, maintaining strong vendor and employee relationships. Financial Integrity and Compliance:
Conduct regular audits to maintain financial integrity and compliance with relevant laws and regulations. Develop and implement corrective measures as needed.

Qualifications:

Master's degree in Finance, Accounting, or a related field. MBA or a relevant advanced degree is preferred. Proven experience in financial management, including forecasting, budgeting, and cost analysis. Strong leadership and team management skills with a minimum of 5 years of supervisory experience. Proficiency in financial modeling, accounting software, and Microsoft Office Suite. Excellent analytical, communication, and problem-solving skills. Knowledge of funding opportunities in the nonprofit sector is a plus.

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