The incumbent will be responsible to handle the entire gamut of finance & accounts & its operations.
Responsibilities include but are not limited to Consolidate monthly/quarterly results.
Prepares Finance statements under Schedule III of Companies act and Banking regulation act monthly.
Ensure monthly closure activities are completed within the entity timelines.
Responsible for complete direct, Indirect tax compliances.
Verify bills received from Contracts/ vendors/ suppliers w.r.t signed agreements, P.O terms, statutory compliances etc;
Coordinate with respective departments/functions for monthly closure activities, if required.
Ensure that finance team maintains financial record systems in accordance with Generally Accepted Accounting Principles, and monitor all accounting activites.
Authorizes payment basis availability of funds in allocated account Scrutinizes booking of entries related to payments , revenue, all expenses etc.
Reviews to ensure real time updating of Books of accounts, accuracy and assignment under right heads.
Consolidates region accounts and completes Quarterly / half yearly/ annual book closing activities.
Evaluate and oversee all benefits negotiations. Review all formal finance related procedures, processes, and administration, recommending improvements to the systems in place and managing the systems going forward.
Interacts with external auditors for documentation submission requirements.
Co-ordinate with Statutory auditors and ensure closure on timely basis
There were many microfinance institutions active in rural India, but very few served... India’s urban population. To bridge this gap, Ujjivan focused on the urban poor. This is a fast growing segment that is relatively new to India’s microfinance industry. Our surveys and interaction with the urban poor show that they are exposed to enormous contingencies and are required to share their meagre resources with neighbors, friends, relatives and colleagues. Hence, there is a tremendous amount of bonding and affinity among them. We have also found that, contrary to popular belief, the urban poor are a stable population. Therefore, the significant difference between the urban and rural population is the lack of time and availability of space in cities. Read full description