Finance Manager
- Company
Learning Initiatives for India
- Location
Delhi
- Employment Type
Full-Time
-
Functional Category
Finance & Operations
-
Experience
2 - 3 years
-
Salary
450000 - 480000
- Date Posted
05-Oct-2025
About Learning Initiatives for India
Learning Initiatives for India (LIFI) is on a mission to create a sustainable ecosystem for children who have been excluded from the school system. Our vision is simple yet profound: पढ़ेगा हर बच्चा, बढ़ेगा हर बच्चा (Every child thrives): Access, Learn, Retain, Educate! Through the Leadership and Development in Urban & Rural India Fellowship (LeAD UR India Fellowship), we empower Community Teacher Leaders (CTLs) to transform the lives of these children by connecting them to formal education, vocational training, or open schools. Together, we’re reimagine learning for every child in India.
Overview of the Role
The Finance Manager will play a critical role in ensuring financial health, compliance, and transparency for LIFI. He/She will oversee financial systems, statutory compliances, payroll, and budgeting while supporting program execution through effective financial planning and reporting. This position is ideal for a finance professional passionate about making a difference in the non-profit education sector.
Job Description
Financial Management & Accounting
● Develop and manage accounting systems, including monthly maintenance of books of accounts.
● Ensure timely and accurate data entry of vouchers, review bills and vouchers, and verify compliance
with supporting documentation.
● Reconcile bank statements monthly and maintain relationships with banking partners.
● Prepare periodic financial statements, including Balance Sheet, P&L, and Cash Flow, ensuring
alignment with management requirements.
● Oversee annual account closures and coordinate with statutory auditors for finalization of financial
statements.
Budgeting and Reporting
● Assist in financial budgeting and resource allocation decisions.
● Monitor budget variances and prepare financial analysis for senior leadership.
● Create and submit financial reports to support strategic decision-making.
Payroll Management
● Design tax-friendly salary structures for employees, ensuring compliance with local regulations.
● Prepare and process monthly payroll, compute tax deductions, and issue salary certificates.
● Maintain payroll records and provide periodic MIS reports related to payroll.
Statutory Compliance
● Ensure compliance with FCRA, 80G, 12A, and other statutory requirements.
● Manage TDS calculations, deposits, and quarterly filing of returns.
● Oversee PF and ESIC compliance as applicable.
● Handle MCA filings, including annual returns, minutes, and resolutions.
HR and Policy Development
● Support the development of HR policies and procedures, including leave and attendance
management.
● Maintain employee records and ensure compliance with labour laws.
Stakeholder and Community Engagement
● Foster relationships with key stakeholders, ensuring financial transparency and alignment with
organizational values.
Required & Preferred Qualifications
Skill
● Strong financial acumen and ability to micromanage.
● Proficiency in Tally, Google Drive, and ERP systems.
● Expertise in report writing (Hindi and English).
● Strong communication and stakeholder management skills.
● Data-driven decision-making and envisioning skills.
Education
Bachelor’s or Master’s degree in Finance, Commerce, or related fields.
Experience
● 2+ years of experience in financial management, preferably in the non-profit sector. ● In-depth knowledge of statutory compliance and corporate governance.