AmbitionBox
Search
Jobs
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
All Filters
3 Foundation Msme Clusters Jobs
Senior Manager Finance & Accounts
Foundation Msme Clusters
posted 4d ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
Brief About Foundation for MSME Clusters
Established in June 2005, the Foundation for MSME Clusters (FMC) www.fmc.org.in specializes in the promotion of MSMEs through cluster and value chain led development. FMC was promoted as a Registered Public Charitable Trust with the technical support of a then UNIDO Cluster Development Programme, in June 2005. It is governed by a very eminent Board of Trustees from the Government, Banks, Academia, Donor institutions and NGOs, ably led Mr. Ajay Shankar, IAS (ex-Secretary Department of Industrial Policy & Promotion, Govt. of India). FMC undertakes all its operations in line with its vision and mission that are given as under:
Vision: FMC\u2019 s initiatives are guided by our Vision for \u201cAn economically progressive, socially connected, environmentally sustainable world that is spiritually rooted and composed of interconnected yet diverse local socio-economic systems.\u201d
Mission: Our mission is to \u201cAssist institutions undertake effective and inclusive cluster based local area development in developing and transition economies. In India, FMC has worked with around 200 MSME clusters, undertaken studies/research in another 150 MSME clusters and worked with 250 Business Membership Organizations (BMOs) thus benefiting more than 100,000 MSMEs across different sectors and sizes. FMC and its experts have also provided training, hand holding, and research on cluster development in 16 other countries. Across the globe.
Overview of the role: To assist to execute and support accounting, statutory compliance and financial matters of the organization efficiently as per the systems procedures.
Requirements
Requirements
Key Responsibilities:
Financial Strategy and Planning
- Develop and implement financial strategies to support the NGO\u2019s mission and objectives.
- Prepare annual budgets in collaboration with program and leadership teams.
- Monitor financial performance and recommend corrective actions to achieve financial targets.
Financial Management and Reporting
- Oversee day-to-day financial operations, including accounts payable/receivable, payroll, and cash management.
- Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow analyses.
- Ensure compliance with donor reporting requirements and internal policies.
-
Regulatory Compliance
- Ensure adherence to local and international financial regulations, tax laws, and audit requirements.
- Coordinate and lead audits, ensuring the timely resolution of findings.
- Maintain robust internal controls and risk management practices.
Donor and Grant Management
- Manage financial aspects of grants, including budgeting, tracking expenditures, and reporting to donors.
- Support proposal development by preparing financial models and budgets.
Compliances Audit:
- Knowledge of FCRA, CSR, GST, TDS Companies Act, 80G, GST, incomes Tax and related obligations.
- Coordinate with internal and external auditors for financial audits.
Team Leadership and Capacity Building
- Supervise and mentor finance staff, fostering professional growth and team cohesion.
Experience
- 8-12 years\u2019 experience in account keeping, statutory finance management in Development/NGO sector at Mid-level
- Graduate/ Master/Post Graduate degree in Commerce/ Finance.
Technical Skills:
- Well versed with requirements of Indian Taxation Laws/Acts especially related to FCRA, TDS, Income tax, GST and PF etc.
- Excellent working knowledge on latest Tally and other accounting software
- Experience in Financial Budgeting and Process Controls are added advantages.
- Advanced level of expertise in Microsoft Word, Excel, and Power point.
Competencies
- Interpersonal Skills
- Evidence of critical and analytical thinking; pragmatic problem-solver/able to confront issues and achieve effective resolution
- Ability to train/develop others in financial management accounting
- Cross-cultural sensitivity experience
- Open to Travel as when required in the field
BenefitsRemuneration/ Package/ Benefits: We are equal opportunity employer. Maximum limit up to
70000/- to 80000/- per month based on experience and overall fit including insurance, and other
opportunities for further personal growth.
Interested candidates meeting the requirements can also apply at careers@msmefoundation.org with an
updated resume and a cover letter with Subject Line: Sr Manager- Finance Accounts
Please note, only shortlisted candidates with relevant qualifications and experience would be
contacted.
FMC is an equal opportunity employer and qualified women candidates are encouraged to apply.
FMC does not discriminate qualified candidates based on age, caste, class, sex, gender, disability,
religion, nationality, ethnicity, health and disability.
- Interpersonal Skills
- Well versed with requirements of Indian Taxation Laws/Acts especially related to FCRA, TDS, Income tax, GST and PF etc.
- 8-12 years\u2019 experience in account keeping, statutory finance management in Development/NGO sector at Mid-level
- Supervise and mentor finance staff, fostering professional growth and team cohesion.
- Knowledge of FCRA, CSR, GST, TDS Companies Act, 80G, GST, incomes Tax and related obligations.
- Manage financial aspects of grants, including budgeting, tracking expenditures, and reporting to donors.
- Ensure adherence to local and international financial regulations, tax laws, and audit requirements.
- Oversee day-to-day financial operations, including accounts payable/receivable, payroll, and cash management.
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Senior Manager Finance & Accounts roles with real interview advice
What people at Foundation Msme Clusters are saying
What Foundation Msme Clusters employees are saying about work life
based on 8 employees
Strict timing
Monday to Friday
Within country
Day Shift
Foundation Msme Clusters Benefits
View more benefits
Compare Foundation Msme Clusters with
National Small Industries Corporation
Compare
Small Industries Development Bank of India
Compare
Khadi and Village Industries Commission
Compare
National Bank Agriculture Rural Development
Compare
Bharatiya Mahila Bank
Compare
NATIONAL SKILL DEVELOPMENT CORPORATION
Compare
Export-Import Bank of India
Compare
National Institute for Micro, Small and Medium Enterprises
Compare
Indian Institute of Entrepreneurship
Compare
National Research Development Corporation
Compare
The Akshaya Patra Foundation
Compare
Anudip Foundation
Compare
Sri Aurobindo Society
Compare
Piramal Foundation
Compare
Narayan Seva Sansthan
Compare
Isha Foundation
Compare
Deshpande Foundation
Compare
Pragya
Compare
Deepak Foundation
Compare
Foundation To Educate Girls Gloablly
Compare
Share an Interview