Job ID: 248486

Finance Business Partner

Piramal Foundation

Location: Remote, India

Apply by: 27 Sep 2024

Relevant Sectors

Administration, HR, Management, Accounting/Finance

Designation: Finance Business Partner

Location: Remote

No. of Vacancies: 1

Piramal Foundation’s vision is to transform Health, Education, Water and social sector ecosystems through partnerships, high impact solutions and thought leadership. We have a presence in 27 Indian states and 2 Union Territories.
Our approach to address these deep-rooted barriers:

• Partnerships approach to draw additional resources, a vast pool of diverse expertise, and innovations to tackle a social sector problem at scale
• Platform approach to influence systemic transformation through an alliance of partners for "scalable learning" by leveraging a pool of diverse resources to address a single problem with speed

Job Summary:

We are looking for a Finance Business Partner to do Financial Planning, capital allocation and manage liquidity for the projects under the big bet. He/ She will be providing support in serving the big bet by managing the allocation of funds, continuous funding, improving business opportunities through effective funding programs, and promoting the execution of meaningful projects

This role will be responsible for but not limited to the following:

• Provide strategic & functional leadership as part of the Capital Allocation team to prepare annual business planning process and managing organizational cash flow.
• Work closely with Partnerships team for reporting and proposal planning.
• Ensuring donor funded project budgets are effectively managed including tracking of expenditures and identifying and mitigating for any risk.
• Ensure timely preparation of annual operational and capital budgets, performing revisions where appropriate: realistic budgets prepared with budget holders as the basic guiding tool for the optimal use of resources.
• Monitor program support costs and ensure they are in line with agreed budget plans & to ensure that resources are used efficiently and effectively.
• Good understanding of regulatory framework as applicable to the sector.
• Working closely with central shared services to fulfill organization’s compliance requirements
• Ability to read and interpret numerical reports and delve into base data as needed, for better and deeper understanding.
• Guide the team on accounting challenges and take the responsibility to approve expenses for large amounts swiftly but with due care and applying due diligence.

Foster Stakeholders:

• Provide quality strategic insight and effective finance business partnering to key stakeholders to drive quality financial and business outcomes.
• Support Accounting teams for proper revenue and liability recognition.
• Collaboration with Program and Ops team to support on project expenses

Desirable Qualification & Experience

• Minimum 10+ yrs of experience in managing financial planning for large donor funded projects (50-100 Cr.)
• ICWA/CMA/CPA/CA would be preferred. Qualified MBA finance professionals working as Finance Planning & analysts who wish to pursue their career in non-profit organization, also can apply.
• Experience in handling major donors & should have in-depth grant management skills
• Detailed knowledge of regulatory compliance like FCRA, CSR, GST, TAX laws.
• Keen analytic, organization and problem-solving skills which support and enable sound decision making
• Excellent communication and relationship building skills with an ability to prioritize, negotiate and work with a variety of internal and external stakeholders
• Demonstrated problem solving, analytic, financial, and evaluative skill

Duration of posting:

• Full time opportunity
• The incumbent should be able to join the duty station at the earliest

Travel: as per the need

Application process: The candidate can directly apply to the above job posting by emailing their updated resume on
Hr.thc@piramalswasthya.org

Please apply with the Subject Line: Application for the position of “Position Name”/Location/Job Portal name (Eg. Dev Net)

No application will be selected if the subject Line is not mentioned as stated above

Link for Google Form to fill. It is Mandatory

https://forms.office.com/r/EBEdfiFHMK