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Job Description


Position: Director, Finance

Organisation : APMAS, Hyderabad

Position : Director, Finance

Reporting to : Executive Director

Location : Hyderabad

Closing Date : 25 April 2015

Salary : Competitive salary package based on qualification and experience

Background : APMAS is a national level resource organsiation working for the advancement of peopleâ??s institutions such as Self-help Groups, Cooperatives, Farmers Groups and other forms of Community Based Organisations, who believe in and respect the spirit of self-help and keep it as a guiding principle for work.

Job Purpose: The Director of Finance plays a critical role in strategic decision making and operations to ensure efficient financial management and contribute to accountable governance and upkeep the values of APMAS.

Key Responsibilities

- Managing and providing daily direction and guidance to the finance team in the Head Office and Regional/ Field Offices and ensure efficient day-to-day financial operations

- Update and implement accounting practices and internal control measures

- Review and update the finance departmentâ??s overall policy and procedure manual as necessary

- Supervision of the effective performance & control of all finance functions including cash receipts, receivables, payables, cash disbursements, bank reconciliations, cash flow, and preparation of financial statements.

- Responsible for preparation of financial reports for resource agencies/donors in accordance with contract agreements

- Liaise with Internal Auditors and Statutory Auditors on Terms Of Reference and other required audit activities

- Responsible for six monthly and annual audit and review of audit reports

- Interact with donors and facilitate the audit visit of donor staff or their representatives

- Finalization and timely submission of reports pertaining to all statutory requirements including audits, taxes, other regulatory bodies.

- Provide monthly and quarterly financial reports with variance analysis to the Core team/programme leaders and ensure effective budget planning, monitoring and utilization

- Lead annual planning process and budgeting, and administer & review all financial plans and budgets, monitor progress and keep the management abreast of the organizationâ??s financial status

- Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate

- Manage organizational cash flow and forecasting

- Support the programme staff to identify and establish linkages for fund raising

- Collect, prepare and disseminate relevant materials pertaining to changes in laws and filing of returns to the management and the Core team

- Prepare and present necessary information for meetings of the Audit Committee, Board Core team and HR team etc

- Establish and maintain positive working relationships both internally and externally to achieve the vision and mission of the organization

- Oversee payroll functions to ensure that employees are paid in a timely and accurate manner

- Negotiate and manage the employee insurance and benefits plans

- Monitor risk management policies and procedures to ensure that program and organizational risks are minimized

- Undertake travel to APMAS operational areas and other areas as necessary

- Conduct trainings and orientation to staff and other organizations on financial management systems and procedures

Qualifications & Experience

- CA Inter/ MBA Finance/ Masters degree in Commerce

- Minimum ten years of working experience in NGO sector and a strong track record in managing reputed national level NGOs/development organisations

- Strong analytical and presentation skills

- Knowledge in Societies Act, FCRA, Income Tax Act, Service Taxes, Companies Act 1956, Employment Standards & Statutory benefits, etc

Skills & Competencies

- Effective inter-personal skills

- Team management

- Report writing and communication

- Excellent Computer skills (Microsoft Office Applications, Tally / similar accounting software)

- Language skills (English, Hindi and Telugu)

- Ability to learn and adopt new ideas as per the situation

- Ability to manage multiple tasks


NGO / Non-Profit

Functional Area

Accounting / Auditing / Taxation

Number of Vacancy



Other Master Degree, M.B.A/PGDM, M.Com, CA

About APMAS, Mahila Abhivruddhi Society, Andhra Pradesh

APMAS was set up to meet the increasing need voiced in various forums to bring a quality mode to the phenomenally growing SHG Movement in Andhra Pradesh. APMAS, a state level institution, supports the women's self help movement and promotes sustainable livelihoods. APMASs core activities are: Quality Assessment, Quality Enhancement, Livelihoods and Research & Advocacy. APMAS registered as a public society, started functioning
from July 2001 and represents a partnership between public-private institutions like the Government of Andhra Pradesh, Banks,
representatives of Civil Society Organizations and SHG/MACS.
Emergence of high quality and financially viable member-managed & member-owned savings and credit institutions (SMFI) of women in Andhra Pradesh.
To enhance the ability of SMFIs to provide responsive services to its members on a sustainable basis in AP.

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