About DRF: Dr. Reddy’s Foundation (DRF) is a not-for-profit organization, focused on enhancing the dignity and well-being of socially and economically vulnerable people. We empower communities through improved education, health, livelihood, and climate action outcomes.Responsibilities:Provide the best support to operations (program, program support and administration) with timely release of payments Maintain an accurate and error-free Accounting System for DRF Ensure adhering to statutory compliance under Income Tax Act, GST, EPF, PT and Gratuity Act Preparation of annual financial statements and donor utilisation statements Coordinate with internal audit, statutory audit, donor audits and support in scrutiny under the laws applicable to Trusts/Not for Profit Organisations Ensure timely settlement of all vendor and staff advances Monthly review of project grants utilisation and balances and ensure required fund balance of projects Coordinating and ensuring the fee collectionsMajor Deliverables:Ensure timely release of payments to operations, vendors, service providers and staff for travel & operational activities Ensure all supporting bills, documents, approvals, complete verification and statutory deductions before releasing payments to vendors, service providers and staff Ensure timely receipt of vendor bills, and claims from field units and staff by maintaining trackers and timelines Discussion with Principals / Program Leads for any deviation in adhering to policies and delays in submitting payment requests, bills and claims and take the required action to streamline the systems and practices Maintain Books of Accounts accurately without errors as per Generally Accepted Accounting Principles (GAAP) and statutory requirements under the laws of the land Timely closure of monthly and annual accounts and passing annual closure entries Ensure monthly deductions/collection and payment of Income Tax, GST, EPF and Professional Tax Ensure fee collection and submit monthly fee collection reports Ensure required preparations for smooth and timely completion of quarterly internal audits, statutory audits annually and donor audits as per the requirement Provide information/clarification to donor, internal and statutory auditors Review monthly rental, vendor, operational and staff advances and ensure timely settlement of all advances Preparation of monthly grant utilization statement, Budget Vs Actuals and ensure required fund balance for implementation of activities Provide required training to staff on financial management systems Ensure filing of vouchers and timely preparation of BRS Liaison with Banks and maintain a good report with Bank Officials
Job Title
Deputy Manager - Finance & Accounts