Finance Associate (Mumbai)

Finance Associate (Mumbai)

06 Sep
|
iTeach Schools
|
Mumbai

06 Sep

iTeach Schools

Mumbai

Why do we exist? What do we do?

The quality of school education available to students from low-income communities across India is abysmal. Their chances of attending college, or building a career are significantly lower than their high-income peers, condemning them to a life without voice or choice. iTeach was born in 2015 to challenge this status quo and create a level playing field for ALL children.

Responsibilities

The Finance Associate will work directly with the Finance Manager. Since iTeach Schools is ten years old and expanding rapid, we are looking for people who are eager to implement the most effective and compliant systems and processes, combining researched best practices with their own contextual innovation.

I - Finance Management
- Review and approve school and Central office expenses, ensuring adherence to financial policies and budgets.
- Facilitate bank payments and manage the reimbursement process for bills submitted by staff members and payroll processing.
- Utilise financial software, including Tally, to maintain financial records accurately in hard and soft.




- Manage cash flow, petty cash, and donations.
- Respond to internal teams' budgets, approvals, and expense queries.

II - Compliance and Reporting
- Handle regulatory compliance-related financial tasks, including PF, ESIC, PT, and TDS calculations, payments, and follow-ups.
- Analyse financial data and assist with audits, reviews, and tax preparations.
- Collaborate with CA and CS professionals for any audits or reporting requirements.
- Reporting - monthly reconciliation, quarterly and annual reports, internal and external.
- Create Fund Utilization Reports as per donor requirements.
- Provide valuable inputs to enhance finance, accounting, and reporting systems
- Provide support for iTeach Schools in completing FCRA (Foreign Contribution Regulation Act) requirements.

III - Stakeholder Management and Operation Support
- Collaborate closely with school administrative staff to address fi

📌 Finance Associate (Mumbai)
🏢 iTeach Schools
📍 Mumbai

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