IN24264 Finance Assistant for BISA - Pusa (Bihar Samastipur)

9 days ago
Full time role
In-person · Samastipur, BR, IN... more

The Borlaug Institute for South Asia (BISA) is a non-profit international research institute dedicated to food, nutrition, and livelihood security as well as environmental rehabilitation in South Asia, which is home to more than 300 million undernourished people. BISA is a collaborative effort involving CIMMYT and the Indian Council for Agricultural Research (ICAR).  Please refer to this website for more information: http://bisa.org/.  

We are seeking dynamic, innovative, self-motivated, and service-oriented professionals for the position of Finance Analyst

The position will be based in Project districts: Bihar Samastipur.

 The main responsibilities are:

  • Ensure the timely updating of accounting records, including bank accounting, processing journal entries, and reconciling farm accounts in the general ledger.
  • Guarantee prompt payments to vendors, staff advances, and claims.
  • Maintain accurate accounting records within the accounting software.
  • Prepare Bank Reconciliation Statements and other reconciliations on a monthly basis.
  • Ensure complete compliance with applicable regulations, including the IT Act, PF, GST, and Labour Act.
  • Conduct timely closure of farm accounts and submit closing documents to headquarters.
  • Execute month-end checklists and controls.
  • Advise farm staff regarding adherence to procedures outlined in the finance policy.
  • Oversee and update the monthly cash book.
  • Establish and uphold a system of internal controls related to financial reporting and compliance.
  • Manage both internal and external audits, ensuring the implementation of audit recommendations at the farm level.
  • Liaise with local banks and other authorities.
  • Request funds from the Delhi office.
  • Review the asset register prepared by the operational assistant against the accounting records on a monthly basis.
  • Conduct a monthly review of vehicle logbooks.
  • Perform a monthly review of reconciliations prepared by the operational assistant.
  • Evaluate the quotes and comparative statements prepared by the operational assistant prior to sending them to headquarters for the issuance of Purchase Orders.
  • Review labor records and other supporting documents verified by the operational assistant before submitting them to headquarters for payment processing.
  • Prepare valuations of consumables.
  • Prepare valuations for crops in the field.
  • Perform any additional duties as assigned by the supervisor.

Requirements

  • Possession of a degree in Commerce or Business Administration from a recognized institution, along with 5 to 6 years of experience in finance, accounting, and taxation.
  • Experience in the Development Sector or Non-Profit organizations is essential.
  • Candidates who have completed CA Inter or CMA Inter will be given preference.
  • Proficiency in written and spoken English is required.
  • Strong understanding of all pertinent laws and statutory legal requirements.
  • Familiarity with QuickBooks, MS Office Suite, and other accounting software is necessary.
  • Ability to function effectively under pressure and manage multiple priorities.
  • Demonstrated capacity for rapid learning and adaptability to changing demands.
  • The ideal candidate must demonstrate the following competencies: Customer Orientation, Proactivity, Relationship Management, Problem-Solving, Communication, Teamwork, and Achievement Orientation.
  • Strong creative thinking abilities, teamwork, integrity, and effective communication skills are essential.

Benefits

The position is for an initial fixed-term contract of 1 year, after which further employment is subject to performance and the continued availability of funds. CIMMYT offers an attractive remuneration package, with a range of benefits including health insurance. CIMMYT is an equal-opportunity employer and strives for staff diversity in gender and nationality.

Candidates must submit the applications via online form available no later than Wednesday 8th January 2025. to Human Resources, CIMMYT / BISA.

Please note that only short-listed candidates will be contacted.

Women candidates are encouraged to apply.

BISA is an equal opportunity employer.  It fosters a multicultural work environment that values gender