Job Title: Finance Manager
Location: Delhi
Reports to: Finance and Operations Director (FOD)
Type: Full-time
About the Organization
The National Foundation for India (NFI) has been working for over 30 years as a capacity building institution, for strengthening civil society organisations towards promotion of social justice. NFI creates pathways for communities to improve their own lives while advancing public understanding of critical social issues, ensuring no one is left behind. In this endeavour, NFI haspartnered with more than 500organizations working on critical issues at the grassroots in hard-to-reach areas.
Position Summary
Finance Manager will be responsible for overseeing the financial and accounting operations, like FP&A, financial reporting, book-keeping and accountancy, statutory and regulatory compliances, internal and external audits of the organization. The role ensures that all financial processes align with internal policies, donor requirements, and statutory regulations. Finance Manager will lead the Finance Team and report to Finance and Operations Director of National Foundation for India.
Key Responsibilities
1. Financial Management & Reporting
- Prepare accurate monthly, quarterly, and annual financial reports and provide insights to the leadership team.
- Work closely with Finance and Operations Director in institutionalizing the financial systems and processes
- Support program teams in financial planning and monitoring.
- Due diligence and review the periodic financial reports of the partner organizations
- Travel to the field and NFI office locations
- Manage investment portfolio and get best yield on the investible funds.
2. Budgeting & Forecasting
- Lead the annual budgeting process in coordination with department heads.
- Monitor budget vs actuals and flag variances for action.
- Prepare donor-specific budgets for proposals and reporting.
- Monitor budget and costs associated with procurement to ensure expenditures stay within the approved budget and contribute to operational efficiency.
- Ensuring that procurement practices comply with regulatory requirements and internal policies falls under the operational head's responsibilities
3. Donor & Grant Compliance
- Ensure compliance with donor financial guidelines and reporting requirements.
- Prepare and submit financial reports to donors as per schedules.
- Maintain documentation and audit trails for all project expenses.
- Process Due Diligence for partner selection, ensuring a comprehensive evaluation of their operational, financial, and strategic aspects.
- Evaluate financial records submitted by partners to identify discrepancies, assess risk, and recommend improvements.
- Collaborate with internal audit and legal teams to address issues related to partner audits and ensure follow-up on corrective actions.
- Maintain accurate documentation of audit processes, findings, and resolutions.
4. Audit & Compliance
- Coordinate internal and external audits (statutory, donor, etc.).
- Ensure timely implementation of audit recommendations.
- Stay updated on financial regulations like FCRA, Income Tax Act and other applicable regulations to NGOs.
- Ensure Fixed asset management across all NFI offices.
5. Accounting & Systems
- Oversee day-to-day accounting functions and team.
- Ensure timely payments to vendors, staff, and partners.
- Ensure timely reconciliation of accounts and bank statements.
- Periodic review of Accounts Receivables and Payables
- Maintain financial records in line with best practices.
- Work with finance software (e.g., Tally, QuickBooks, or ERP systems).
6. Team Leadership & Capacity Building
- Supervise the finance and accounting staff.
- Build capacity of non-finance staff in financial policy and procedures.
- Any other tasks assigned by the Finance and Operations Director.
Qualifications and Experience
- Chartered Accountant or MBA in Finance.
- Minimum 10-12 years of relevant experience, preferably in the NGO/development sector.
- Strong understanding of regulations like FCRA, Income Tax, GST etc
- Experience with financial management software.
- Excellent analytical, communication, and interpersonal skills.
Key Competencies
- High integrity and professional ethics.
- Strong attention to detail and accuracy.
- Ability to work under pressure and meet deadlines.
- Problem-solving and decision-making skills.
- Team player with leadership ability.
Compensation
Annual renumeration up to INR13,00,000 to INR15,00,000 (inclusive of applicable taxes) based on experience. Travelling expenses related to project will be borne by the organisation.
Contract Period
Fixed Term Contract (renewable annually)
Diversity Policy
We value diversity and aspire to reflect this in our workforce. We welcome applications from people from all sections of the society, irrespective of caste, ethnicity, gender, disability, sexual orientation, religion, or belief. We encourage applications from socially excluded communities, i.e. SCs (Dalits), STs (Adivasi), and religious minorities. Women candidates are encouraged to apply.
Last Date for Applying:
Last date to apply: 13th November 2026
Please fill in your application by clicking on the link below: