Financial Assistant

Finance Assistant

Location:

Nagpur, MH

Employment Type:

1

Year contract
Reporting To:  Finance Manager / Authorized Officer
CTC:  ₹5 – ₹6 LPA

Experience:

2 – 3 years

Qualification:

Graduation/Postgraduation in Commerce, Finance, Accounting, or related field (B.Com, BBA, M.Com, MBA Finance, or equivalent)

About Samvedna Development Society (SDS)
Samvedna Development Society (SDS) is a non-profit organization working on development and social-impact initiatives in collaboration with Government Departments, development partners, donors, and other stakeholders. SDS focuses on strengthening community development, livelihoods, institutional capacity, and sustainable development programmes.

Position Overview
The  Finance Assistant  will support the organization in day-to-day financial operations, accounting, project finance, compliance, documentation, reporting, and audit-related activities. The role requires strong attention to detail and the ability to independently manage financial records while coordinating with project and programme teams.
Candidates with hands-on experience in  NGO/Development Sector finance, FCRA compliance, donor-funded projects, and project accounting  will be strongly preferred.

Key Responsibilities
Financial Management & Accounting
Maintain accurate books of accounts, financial records, vouchers, ledgers, and supporting documents.
Process and verify  vendor invoices, payments, reimbursements, advances, and expense claims .
Perform regular  bank reconciliation and ledger reconciliation .
Maintain project-wise and donor-wise expenditure records.
Track fund utilization and ensure expenses are appropriately allocated to projects/budgets.
Assist in monthly and periodic financial closing activities.
Budgeting & Financial Reporting
Assist in preparation of  project budgets, financial statements, expenditure statements, and MIS reports .
Monitor project-wise budget utilization and identify budget variances.
Prepare project expenditure summaries and financial reports for management and donors.
Support preparation of financial presentations and reports for internal and external stakeholders.
Coordinate with programme teams to ensure expenses are recorded against the appropriate budget heads.
FCRA & Statutory Compliance – Important
Hands-on experience in FCRA compliance and financial management of foreign-funded projects is highly preferred.
Maintain proper documentation and records for  FCRA-funded projects and transactions .
Assist in preparation and maintenance of  FCRA-related financial records, utilization statements, donor reports, and supporting documentation .
Support compliance requirements relating to  FCRA, Income Tax, GST, TDS, and other applicable statutory requirements .
Ensure proper segregation and tracking of foreign contributions and project expenditures, wherever applicable.
Coordinate with auditors and relevant internal teams for FCRA and statutory compliance requirements.
Audit & Internal Controls
Maintain complete and audit-ready documentation for financial transactions.
Support  internal, statutory, donor, and project audits .
Provide financial records, vouchers, invoices, bank statements, and supporting documents as required during audits.
Assist in identifying discrepancies and implementing corrective actions.
Ensure adherence to organizational finance policies, approval processes, and internal controls.
Coordination & Communication
Coordinate with  programme/project teams, vendors, partners, donors, and management  on financial matters.
Follow up with project teams for missing bills, invoices, utilization documents, and supporting records.
Respond to finance-related queries and ensure timely resolution of discrepancies.
Participate in finance review meetings and provide required financial…