Job Title: Finance Head
Company: Himalayan Institute of Alternatives, Ladakh
Location: Phyang/ Leh - Ladakh, India
Position Overview:
The Himalayan Institute of Alternatives, Ladakh, is seeking a highly skilled and experienced Finance Head to lead our finance department. As the Finance Head, you will play a crucial role in ensuring the financial stability and success of our organization. You will be responsible for developing and maintaining financial forecasting models, supervising a team of accountants, and identifying cost-saving solutions. Additionally, you will collaborate with senior management to explore alternative funding options, manage resource allocation, and ensure compliance through audits.
Key Responsibilities:
Financial Forecasting:
- Develop and maintain forecasting models for monthly, quarterly, and annual financial results to provide accurate and timely financial insights to the organization.
Team Leadership:
- Provide strong leadership and supervision to a team of accountants, ensuring accuracy and efficiency in all financial transactions. Foster a culture of collaboration, continuous improvement, and professional development within the team.
Cost Optimization:
- Identify opportunities for cost-saving solutions to optimize financial performance, enhancing the financial sustainability of the organization.
Funding Exploration:
- Collaborate with senior management to explore alternate funding options for projects and initiatives, including grants, partnerships, and investment opportunities.
Resource Management:
- Oversee resource allocation and cash flow management to maintain financial stability and ensure that the organization can meet its financial obligations and strategic goals.
Budget Approval:
- Review and approve budgets, ensuring they align with the organizational goals and financial constraints. Monitor budget performance and recommend adjustments when necessary.
Vendor Payments and Payroll:
- Ensure timely payments to vendors and the punctual release of employee salaries, maintaining strong vendor and employee relationships.
Financial Integrity and Compliance:
- Conduct regular audits to maintain financial integrity and compliance with relevant laws and regulations. Develop and implement corrective measures as needed.
Qualifications:
- Master's degree in Finance, Accounting, or a related field. MBA or a relevant advanced degree is preferred.
- Proven experience in financial management, including forecasting, budgeting, and cost analysis.
- Strong leadership and team management skills with a minimum of 5 years of supervisory experience.
- Proficiency in financial modeling, accounting software, and Microsoft Office Suite.
- Excellent analytical, communication, and problem-solving skills.
- Knowledge of funding opportunities in the nonprofit sector is a plus.
- Commitment to the mission and values of the Himalayan Institute of Alternatives.
Join our team and contribute to our mission of making a positive impact on the Himalayan region through sustainable alternatives and financial stewardship.
Please submit your resume and a cover letter detailing your relevant experience to
[email protected]