Secretary and Director- Finance and Accounts, Jankidevi Bajaj Gram Vikas Sanstha

Last date of application
 19-Dec-19 23:59 HR


Secretary and Director- Finance and Accounts, Jankidevi Bajaj Gram Vikas Sanstha

1. POSITION VACANT:  Secretary and Director - Finance and Accounts, Jankidevi Bajaj Gram Vikas Sanstha, Pune, Maharashtra


The Bajaj Group of companies have a strong CSR commitment, guided by the vision and philosophy of its Founder, the late Shri Jamnalal Bajaj. All CSR activities of the Bajaj Group are coordinated and undertaken through the Jankidevi Bajaj Gram Vikas Sanstha (JBGVS), the apex society and non-profit organisation of the group, established in 1987 and named after the late Padma Vibhushan Shrimati Jankidevi Bajaj.


JBGVS works single-mindedly towards bridging the divide between urban and rural India, through integrated rural development interventions, designed with a view to ensuring achievement of the United Nations’ Sustainable Development GoalsJBGVS interventions focus on five major areas, that include, Education, Healthcare, Environment, Economic Development and Social Development.


JBGVS acts as a catalyst and assists the participating rural community in selected villages in improving their quality of life, through poverty alleviation, empowerment of women, gender equality and the development of human and natural resources, while promoting ecological balance. JBGVS works directly in 110 villages in Maharashtra and Rajasthan and indirectly reaches out to more than 1,000 villages across the country. All JBGVS initiatives are designed in consultation with and the active participation of the local village community, for better acceptability and successful implementation.



Reporting to the CEO, JBGVS, the Secretary and Director - Finance and Accounts (SDFA) shall be responsible for the following: 


Key Deliverables:

(1) Initiate, address and comply with all statutory processes, as per the provisions and/or amendments to the Maharashtra Society Registration Act 1861 and the Bombay Trust Act 1951, under which JBGVS is registered;
(2) Arrange AGMs and periodic meetings of the Board of Trustees, as per statutory provisions, or as necessary, to address key strategic issues arising with
JBGVS and/or Bajaj Group companies;
(3) Ensure the generation of requisite reports and statutory filings, as required under applicable acts and laws;
(4) Ensure implementation of the organisation’s Financial Assurance System (FAS), including periodic amendments thereto, as approved by the Board of Trustees (BOT), with a view to ensuring its robustness and responsiveness to assessed financial risks;
(5) Develop the annual budget for the organisation in consultation with senior management and seek and obtain approval thereto by the BOT. Communicate approved budget(s) to the senior management and operations teams and track and ensure that actual expenses incurred by our each Budget Centre are managed commensurately;

(6) Manage all bank operations as per prescribed and approved processes, ensuring strict compliance with statutory requirements, as applicable;
(7) Ensure highest standards of financial probity, due diligence and transparency of financial transactions at all levels;
(8) Ensure conduct of internal as well as statutory audits, at the approved frequency, at all locations and covering operational areas of JBGVS;
(9) Ensure that robust financial due diligence is exercised in respect of all CSR operations with emphasis on close oversight on program partners, encompassing periodic verification and audit of funds utilizations statements furnished by them in alignment with MoUs/ agreements executed with them;
(10) Provide close oversight and guidance to the F&A team in respect of the following, demonstrating the same to CEO, JBGVS and BOT:

(a) Create and install a stringent financial review framework for existing and future CSR projects;
(b) Ensure in-depth financial scrutiny of all project proposals, examining the financial robustness of partners considering sources of funds, ratio analysis, cost benchmarking etc.;
(c) Coordinate with internal and external stakeholders, ensuring periodic review of all ongoing projects with a view to ensuring proper financial compliance and utilization;
(d) Periodically review large or high-risk projects, through field visits and checking of supporting documents to ensure compliance with prescribed processes by programme partners; 
(e) Define key financial metrics and risk parameters to be checked by the CSR Operations and Implementation teams during field visits;
(f) Support internal and external project audits;
(g) Create and maintain dashboard on financial compliance for senior management. 



Applicants must be professionally qualified accountants from a recognized institute of accountancy, such as the Institute of Chartered Accountants of India (ICAI), or Institute of Cost and Works Accountants of India (ICWA), or Institute of Company Secretaries of India (ICSI), or Certified Public Accountant (CPA), or MBA Finance, or Chartered Certified Accountant.

8 to 10 years of experience in leading and/or managing the finance and accounts function at a senior level, with a reputed Not for Profit Organization/ CSO

(Note: Candidates falling short of the prescribed number of years of experience, but possessing quality/ exceptionally relevant experience, may also be considered.)

Skills and Competencies: 

(1) Excellent knowledge of accounting and familiarity with statutory requirements, including income tax and GST, is essential; 
(2) Understanding of CSR fund management, statutory provisions and financial and accounting systems management, with all taxation issues, as applicable to Trusts/Societies, is essential;
(3) In-depth knowledge of Societies’ Act and FCRA, is desirable;
(4) Proficiency in Tally or other standard accounting packages;
(5) Expertise in the use of MS Office (Excel, Word, Outlook);
(6) Excellent interpersonal and communication skills, both verbal and written, particularly in spoken and written English and Hindi;
(7) Demonstrable ability to meet deadlines, manage timely delivery of activities;
(8) Excellent reporting skills; 
(9) Demonstrable attention to detail, confidentiality and productivity;
(10) Positive attitude and team player;
(11) High analytical skills and attention to detail.




Gross compensation for the position is Rs. 12 lacs per annum. Please note that the offer made to the selected candidate shall be commensurate with qualifications, experience and salary history.


6. AGE LIMIT: This shall be a travel intensive role across all intervention areas of JBGVS and accordingly the preferred age for the incumbent shall be 35-45 years.


7. APPOINTMENT: The initial contract will be for a period of one year and renewable based on performance.


8. LOCATION: Pune, Maharashtra






Strategic Alliance Management Services P Ltd.
1/1B, Choudhary Hetram House, Bharat Nagar
New Friends Colony, New Delhi 110 025
 Phone Nos.: 011- 2684 2162; 4165 3612




Eligible candidates interested in the position are requested to apply using the link by or before December 19, 2019.