Finance Head

🚀 Drive Financial Strategy at Ashray Foundation: Lead as Finance Head in Ahmedabad

The Ashray Foundation is seeking a highly experienced, strategic, and values-driven Finance Head to spearhead its financial operations in Ahmedabad, Gujarat. This full-time leadership position is a critical role, reporting directly to the Executive Director or CEO, and requires a dedicated professional with a minimum of 10 years of experience, including at least 5 years in a leadership capacity within the non-profit or CSR sector.

This opportunity, which is open for applications until December 17, 2025, is ideal for a seasoned expert—preferably a Chartered Accountant (CA)—who is committed to driving financial sustainability, impeccable compliance, and transparency for a mission-driven organization.

🎯 Key Focus Areas for the Finance Head

The successful candidate will be the organization's chief financial steward, responsible for a comprehensive portfolio that spans strategic planning, regulatory compliance, and team leadership.

1. Financial Strategy & Planning

The Finance Head will be instrumental in leading the development and execution of the organization’s financial strategy, ensuring it aligns seamlessly with core program priorities. This includes:

• Budget Management: Overseeing the preparation, execution, and monitoring of both organizational and donor-specific budgets.

• Sustainability: Conducting rigorous forecasting, cost analysis, and resource planning to guarantee long-term financial health.

• Policy Development: Establishing and maintaining financial management policies that meet best practices and NGO governance standards.

2. Regulatory Compliance & Reporting Excellence

Maintaining 100% compliance with India's complex regulatory landscape is paramount. The role demands deep expertise in:

• Statutory Compliance: Ensuring adherence to FCRA, Income Tax, CSR, and all other applicable laws.

• Reporting: Delivering timely and accurate monthly, quarterly, and annual financial reports, including P&L, balance sheets, cash flow forecasts, and budget variance reports.

• Audit Leadership: Efficiently managing all audit processes—statutory, donor, and internal—and ensuring the swift closure of any findings.

3. Donor & Grant Oversight

Effective management of restricted and unrestricted funds is crucial for the Foundation's impact. Key responsibilities include:

• Compliance: Supervising fund utilization to ensure strict adherence to all grant agreements and providing accurate donor-specific financial reporting.

• Collaboration: Working closely with program teams to align financial planning with project objectives and providing financial inputs for new proposals and fundraising efforts.

4. Internal Controls and Risk Mitigation

The Finance Head will be responsible for creating a robust and secure financial environment. This involves:

• Internal Controls: Strengthening approval workflows, documentation, and implementing strong audit trails for all transactions.

• Risk Management: Developing strategies to monitor and mitigate financial risks, including proactive cash reserves and liquidity planning.

• Ethical Practices: Enforcing high ethical standards and anti-fraud safeguards across all financial operations.

5. Systems, Automation, and Team Leadership

Beyond technical finance work, the leader will drive internal capacity and process improvement:

• Digital Transformation: Leading the implementation and optimization of financial systems (Tally, Keka, Zoho Books, or ERP solutions) to drive automation and digitization (with a target of 50% process automation).

• Mentorship: Leading, mentoring, and developing the finance team while building financial awareness and compliance understanding among program teams.

📊 Performance & Qualifications

Success in this role is measured by critical Key Performance Indicators (KPIs), including timely report submissions, achieving budget utilization variance within 10%, and maintaining $\ge 98\%$ accuracy in donor financial reports.

The ideal candidate will possess:

• Education: CA, ICWA, MBA (Finance), or M.Com with a strong background in non-profit accounting.

• Experience: Minimum 10 years of financial management experience, with specific leadership tenure in a non-profit or donor environment.

• Skills: Expertise in Indian NGO regulatory frameworks, strategic financial acumen, proficiency in advanced Excel and accounting software, and exceptional communication skills.

📝 How to Apply

This is an opportunity for a mission-driven, meticulous, and collaborative finance leader to make a significant impact on the Ashray Foundation's mission.

To apply, please email your CV and cover letter to hr@ashrayfoundation.org, clearly mentioning "Finance Head" in the subject line.

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