Job Description:
Name of Organisation: Development Alternatives Group
Position Title: Senior Manager - Finance
Domain: Corporate Management Group (CMG)
Location: New Delhi
No. of Positions: 01
Job Type: Regular (Full-time)
About Development Alternatives Group
Development Alternatives (DA) is a premier social enterprise pioneering sustainable development solutions since 1982. Headquartered in New Delhi, the mission of the Development Alternatives Group is to promote inclusive, equitable, and resilient national development by creating sustainable livelihoods at scale. Through integrated clean technology solutions, micro-enterprise development, and collaborative institutional ecosystems, DA bridges practice and policy, working with partners to catalyse large-scale action towards poverty eradication and environmental regeneration.
DA’s work addresses the three interconnected crises of our time, Jobs, Resources, and Climate through impact across three core areas, Livelihood Security & Inclusive Entrepreneurship, Resource Efficiency & Circular Economy and Climate Change & Ecosystem Restoration.
These goals are advanced through nine interlinked programmes: Women’s Economic Empowerment, Inclusive Entrepreneurship Ecosystems, Greening of Industry, Sustainable Urban Ecosystems, Natural Ecosystem Restoration, Resource Access and Equity, Clean Technology Enterprises, Community Resource Management, and Local Institutions & SDG Action.
With a multidisciplinary team of over 120 professionals committed to innovation and impact, DA has consistently demonstrated the ability to identify critical development challenges and design effective, scalable solutions.
Over the past four decades, Development Alternatives has positively impacted the lives of more than 20 million people, building pathways for sustainable and inclusive growth.
For more information about organisation, please visit www.devalt.org
Context and Role :
The Senior Manager – Finance will provide strategic and operational leadership to the Finance & Accounts function, ensuring sound financial management, strong governance, compliance, and timely and accurate reporting across the organisation.
The position will serve as a key finance partner to senior management and programme teams, providing financial insights, analysis, and recommendations to support informed decision-making and effective resource utilisation.
The role will also lead and strengthen the Finance & Accounts team, drive process improvements and control effectiveness, and ensure robust financial systems and practices that support DA’s growing portfolio of sustainable development programmes.
Duties and Responsibilities:
Financial Management, Accounting & Controls:
• Lead and oversee the Finance & Accounts function, ensuring accuracy, compliance, transparency, and timely reporting.
• Oversee AP, AR, payments, collections, employee claims, statutory liabilities, and advances.
• Review general ledger, accounting adjustments, provisions, accruals, and financial closing.
• Ensure proper accounting classification, cost allocation, documentation, and audit trails.
• Strengthen internal controls, segregation of duties, and authorization processes.
• Ensure compliance with financial policies, SOPs, DoA, accounting standards, and applicable regulations.
Treasury, Cash Management & Banking:
• Provide oversight of treasury, cash-flow, investment, and banking operations.
• Manage banking relationships, bank accounts, mandates, payments, fund transfers, and banking documentation.
• Oversee bank reconciliations and review interest income, bank charges, foreign exchange transactions, and currency gains/losses.
• Ensure strong controls over banking access, payment authorization, and fund transfers.
Donor & Grant Financial Management:
• Oversee financial management of grants, donor funds, and restricted project funds.
• Ensure project expenditure complies with approved budgets, donor agreements, funding restrictions, and approved cost categories.
• Ensure appropriate and consistent allocation of shared, personnel, administrative, and operational costs to projects.
• Review donor financial reports, utilization statements, expenditure reports, and other financial submissions.
• Support program teams in effective budget management and financial compliance.
• Oversee financial closure of projects, including advances, liabilities, unutilized funds, and donor balances.
Financial Reporting & MIS:
• Lead the preparation and review of monthly, quarterly, and annual financial reports.
• Ensure timely and accurate preparation of:
o Balance Sheet
o Statement of Income & Expenditure / Profit & Loss
o Cash Flow Statement
o Trial Balance
o Project-wise financial reports
o Budget vs. Actual reports
o Donor financial reports
o MIS and management dashboards
• Analyze financial performance, trends, risks, variances, and key financial indicators.
• Present significant financial matters and recommendations to senior management.
• Ensure reports are accurate, complete, consistent, and adequately supported by documentation.
Taxation & Statutory Compliance:
• Oversee compliance with applicable direct and indirect tax laws and statutory requirements.
• Ensure timely and accurate TDS/TCS, GST, and other applicable statutory compliances.
• Review tax calculations, statutory reconciliations, payments, and supporting documentation.
• Coordinate with tax consultants and advisors on tax and statutory matters.
• Oversee responses to tax notices, assessments, enquiries, and audits.
• Monitor changes in applicable laws and advise management on their financial impact.
Audit, Risk Management & Compliance:
• Lead and coordinate statutory, internal, donor, tax, and special audits.
• Act as the key finance contact for auditors, advisors, donors, and other external stakeholders.
• Ensure timely submission of audit schedules, reconciliations, supporting documents, and financial information.
• Review audit observations, coordinate management responses, and monitor corrective actions.
• Identify financial and operational risks and strengthen controls to mitigate them.
• Ensure compliance with procurement, payment, authorization, financial, and donor policies.
Project Accounting & Cost Allocation:
• Establish and oversee appropriate methodologies for allocation of personnel, administrative, operational, and shared costs.
• Ensure costs are charged to the correct project, activity, budget line, and funding source.
• Review salary and common-cost allocations for accuracy and consistency.
• Ensure allocation methodologies are properly documented and consistently applied.
• Monitor project expenditure against approved budgets and funding restrictions.
Team Leadership & Stakeholder Management:
• Lead, supervise, mentor, and develop the Finance & Accounts team.
• Allocate responsibilities, monitor performance, review quality, and ensure timely delivery of financial activities.
• Build team capability through coaching, training, knowledge sharing, and performance management.
• Ensure effective delegation, segregation of duties, cross-training, and business continuity.
• Act as a senior finance representative with Senior Management, Program/Domain Teams, Donors, Auditors, Tax Advisors, Banks, Government Authorities, Vendors, and other stakeholders.
• Communicate financial information and recommendations clearly to finance and non-finance teams.
Skills, Knowledge, and Experience:
• Qualification: M. Com/MBA (Finance) or equivalent.
• Experience: 8–12 years of relevant experience, preferably in the NGO/development sector.
• Experience in project/grant accounting, budgeting, donor reporting and financial management.
• Good knowledge of FCRA, taxation, statutory compliance and audit processes.
• Strong skills in financial analysis, MIS, budgeting and internal financial controls.
• Proficiency in MS Excel and accounting/ERP systems such as Tally/Zoho.
• Ability to lead, supervise and mentor a finance team and coordinate with programme and support teams.
• Strong communication, analytical, problem-solving and decision-making skills, with high integrity and attention to detail.
• Excellent interpersonal skills with high level of proficiency in English and the ability to work well autonomously.
• Strong focus on producing the highest quality of work and on ensuring optimum accuracy of outputs.
• Well organised and efficient, with the capacity to work under pressure.
• Fluency in English is essential with regional languages.
How to Apply?
Please submit your updated curriculum vitae (CV) at careers@devalt.org. The last date to submit your application is 20 September 2026 with subject Job Application – “Senior Manager - Finance”. Only shortlisted candidates will be contacted.
Our Mission:
To create models that generate sustainable livelihoods in large numbers.
Our Vision:
A world where every citizen can live a secure, healthy and fulfilling life, in harmony with nature.