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Job Description & How to Apply Below
Magic Bus India Foundation, founded in 1999 by Matthew Spacie, stands among the top five NGOs in India dedicated to education and skill development. Our organisation equips adolescents and young individuals with essential life skills and knowledge to thrive during the transition from childhood to livelihood.
Our mission is to create a world where young people break free from poverty, leading fulfilling and rewarding lives while making positive contributions to their communities. We achieve this by enabling adolescents to complete their secondary education, providing them with the necessary skills for employment, and connecting them to job market opportunities. Our target age group ranges from 12 to 24 years.
We operate two flagship programs: the Adolescent Programme and the Livelihood Programme.
In our Adolescent Programme, we prioritise the instillation of life skills and the enhancement of education. Through our network of connected schools operating in 234 districts across 24 states, we have positively impacted the lives of over 8 million adolescents, with an impressive 52% participation rate of girls.
The Livelihood Programme focuses on enhancing employability by providing specialised skills training and connecting young individuals to sustainable livelihood opportunities. Through our 115 Livelihood Centres and 1250 Colleges, we offer sector-specific training, job placements, and post-placement support. This programme, operational in 19 states, has achieved an impressive 60% participation rate among girls and has a cumulative outreach of 6,00,000 youth
Job Description:
Finance Controller
Location:
Airoli, Navi Mumbai (with oversight across regions)
Reporting To: Chief Financial Officer (CFO)
1.
Role Overview
The Finance Controller will act as the second-in-command to the CFO , responsible for end-to-end financial management, governance, compliance, and operational efficiency of the finance function across the organization.
This is a strategic and operational leadership role , overseeing finance, procurement, and administrative functions while ensuring strong financial controls, donor compliance, and process excellence aligned with the organization’s scale and growth trajectory.
2.
Key Responsibilities
A. Finance Operations & Control
Provide overall direction and control over:
Accounts Payable (AP)
Accounts Receivable (AR)
General Accounting
Ensure timely and accurate accounting closure (monthly, quarterly, annual).
Maintain strong financial discipline and governance across all transactions.
Act as final approval authority for financial transactions as per delegation matrix.
Drive cash flow management, treasury planning, and fund utilization .
B. Donor Reporting & Fund Management
Oversee donor reporting, utilization certificates, and compliance reporting .
Ensure alignment of budget vs actuals (BVA) across all projects.
Support donor audits, due diligence, and financial reviews .
Ensure compliance with donor-specific requirements including FCRA and domestic funding norms .
C. Compliance, Audit & Internal Controls
Ensure adherence to all statutory requirements including:
FCRA
Income Tax Act
GST and other applicable laws
Lead and manage:
Internal audits
Statutory audits
Donor audits
Design and implement robust internal financial controls (IFC) .
Monitor compliance calendar and risk areas proactively .
D. MIS, Reporting & Decision Support
Own the Monthly MIS process :
Preparation, validation, and analysis
Presentation to CFO and CEO
Build data-driven dashboards and insights for leadership decision-making.
Ensure real-time visibility of financial performance across projects and functions.
Drive continuous improvement in quality, accuracy, and timeliness of reporting .
E. Leadership & Team Management
Lead and manage multi-layered finance teams , including:
Accounts Payable Team
MIS-Compliance-Audit Team
Donor Support Group
Manage both direct and indirect reporting teams across HO and regions.
Build high-performance culture , accountability, and capability development.
Ensure clear role definitions, KPIs, and performance tracking .
F. Procurement & Commercial Governance
Oversee and strengthen the…
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