Dr Reddy’s Foundation Looking for Deputy Manager – Finance & Accounts at New Delhi Full Time

About DRF: Dr. Reddy’s Foundation (DRF) is a not-for-profit organization, focused on enhancing the dignity and well-being of socially and economically vulnerable people. We empower communities through improved education, health, livelihood, and climate action outcomes.Responsibilities:Provide the best support to operations (program, program support and administration) with timely release of paymentsMaintain an accurate and error-free Accounting System for DRFEnsure adhering to statutory compliance under Income Tax Act, GST, EPF, PT and Gratuity ActPreparation of annual financial statements and donor utilisation statementsCoordinate with internal audit, statutory audit, donor audits and support in scrutiny under the laws applicable to Trusts/Not for Profit OrganisationsEnsure timely settlement of all vendor and staff advancesMonthly review of project grants utilisation and balances and ensure required fund balance of projectsCoordinating and ensuring the fee collectionsMajor Deliverables:Ensure timely release of payments to operations, vendors, service providers and staff for travel & operational activitiesEnsure all supporting bills, documents, approvals, complete verification and statutory deductions before releasing payments to vendors, service providers and staffEnsure timely receipt of vendor bills, and claims from field units and staff by maintaining trackers and timelinesDiscussion with Principals / Program Leads for any deviation in adhering to policies and delays in submitting payment requests, bills and claims and take the required action to streamline the systems and practicesMaintain Books of Accounts accurately without errors as per Generally Accepted Accounting Principles (GAAP) and statutory requirements under the laws of the landTimely closure of monthly and annual accounts and passing annual closure entriesEnsure monthly deductions/collection and payment of Income Tax, GST, EPF and Professional TaxEnsure fee collection and submit monthly fee collection reportsEnsure required preparations for smooth and timely completion of quarterly internal audits, statutory audits annually and donor audits as per the requirementProvide information/clarification to donor, internal and statutory auditorsReview monthly rental, vendor, operational and staff advances and ensure timely settlement of all advancesPreparation of monthly grant utilization statement, Budget Vs Actuals and ensure required fund balance for implementation of activitiesProvide required training to staff on financial management systemsEnsure filing of vouchers and timely preparation of BRSLiaison with Banks and maintain a good report with Bank Officials