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The Finance Officer – India will play a key role in supporting the financial integrity, compliance, and reporting of Better Cotton’s Initiative India operations. This role ensures that financial transactions and processes align with both Indian statutory regulations and BCI global finance standards. The postholder will support budgeting, reporting, internal controls, payments, and audit coordination, contributing to effective country-level financial governance.
Job Responsibility:
Prepare monthly, quarterly, and annual financial reports in line with Indian accounting standards and Better Cotton Initiative global reporting formats
Maintain general ledger accuracy by ensuring timely postings, reconciliations, and completion of month-end closing activities
Facilitate review and approval of monthly financial reports by the Finance Manager and obtain final sign-off from the Country Director
Coordinate with external auditors by managing documentation requirements and supporting audit processes
Ensure compliance with statutory requirements including FCRA, Income Tax, TDS, and GST
Support preparation of donor financial reports and schedules, ensuring alignment with approved grant budgets
Process vendor payments, staff reimbursements, payroll inputs, and other disbursements in accordance with organisational policies and approval frameworks
Monitor bank balances, conduct monthly bank reconciliations, and support cash flow planning to meet liquidity requirements
Maintain records of staff and vendor advances and follow up on timely settlements
Conduct financial validation of procurement documentation prior to payment processing
Support effective use of the Certinia ERP system by ensuring accurate financial postings, data integrity, and adherence to defined workflows
Collaborate with internal teams to identify and implement improvements that enhance system efficiency and financial processes
Contribute to digitisation initiatives and reduction of manual finance processes
Assist in budget reallocations and preparation of Budget vs Actual (BvA) analysis and variance explanations
Track programme and operational budgets to support informed spending decisions and compliance with BCI global financial guidelines
Coordinate with Programme and Operations teams on budget monitoring and forecasting requirements
Support adherence to BCI financial policies, SOPs, and India-specific internal control procedures
Assist the Finance and Operations Manager in conducting periodic control checks, file reviews, and sample audits
Maintain well-organised financial documentation to ensure audit readiness at all times
Requirements:
Bachelor’s or master’s degree in accounting, Commerce, or Finance
Minimum 5 years of professional experience in nonprofit, development, or corporate finance
Strong working knowledge of FCRA, GST, Income Tax, and other Indian regulations
Proficiency in MS Excel and finance software
Fluency in English (both written and spoken) is essential
Nice to have:
Professional certification (e.g. CA Inter, ICWA, CPA)
Experience with donor-funded projects
Experience with ERP systems (Certinia preferred)
What we offer:
Competitive salary
Hybrid working – Two to three days/week work from office
The opportunity to work from anywhere in the world for up to one month per year
Flexible working, with core hours from 10 am to 4 pm local time
Continuous learning and development
Provident Fund Benefits
A generous annual leave package, including paid holiday, public holidays, additional paid days off during the festive season, study and exam days, and extra discretionary leave for life events such as family weddings or moving home
The opportunity to make your mark and make a difference