Accounts Officer

Operating Environment

 

The SRF Foundation (www.srf-foundation.org), formerly known as the Society for Education and Welfare Development, was primarily set up by SRF Limited (www.srf.com), with the intention of providing support and relief to the needy in the fields of education, to run and maintain schools, colleges, and to promote fine art and culture. It has been built on the heritage and vision of its founders; late Sir Shri Ram and the late Dr Bharat Ram, believing in contributing to society in the areas of education, with the establishment of educational institutions as the Lady Shri Ram College, Shri Ram College of Commerce, The Shri Ram Schools; among many others in Delhi.

Purpose

 

The purpose of the job is to process accounting transactions (cash and bank) of SRF Foundation and its other three entities (3EP, Shri Sambandh, Vocational Skills). Also ensure to make timely payments, all statutory compliance relating to accounts and tax are met. Maintain the books of accounts of SRF Foundation and its entities SRF F – 3EP, SRF F - Shri Sambandh, SRF F – Vocational Skills.

Responsibilities

§         Compliance of Accounting Standards, SRF Accounting Policies so that books of accounts represent the true and fair view.

§         Consolidate and track budget with the help of Program Heads §         Prepare monthly balance sheets with actual vs budget and variances

§         Cash and bank payment as per DOP §         Monthly reimbursement to officers

§         Accounting of fixed assets §         Calculate depreciation and accounted §         Ensure insurance of fixed assets

§         Monthly transfer of salary §         Payment of TDS, PF §         Full & Final settlement

§         Deposit of TDS, Service tax in time §         Filing of quarterly and annually return in time §         Issue of TDS certificate in time §         Issue of 80 G (Donation) certificate after checking and compliance the rule of donation §         Maintenance of FCRA Account and taking care of statutory requirements

§         Secretarial issues like: Approval of Accounts Minutes of Board of Governors meetings Updating the MoA and Rules & Regulations as and when required and fulfilling all the formalities required for updating the same

§         Co-ordination with bankers on all operational issues

 

Challenges/Complexity of Job

 

·         Timely payments

·         Timely closing of Books of accounts

·         Statutory compliance

·         Timely and correct reporting of monthly status of accounts

·         Timely payment of salary

Position Specifications

Educational Qualification  (Minimal Required)	·        B.COM.
Duration & nature of past experience required (Minimal Required)	Minimum 3-4 years of working experience in the field of accounts with the knowledge of Tally-system (accounting)   Working experience in NGO environment is preferable
Competencies	Obligatory:   ·         Good communication skills, both verbal and written in English and Hindi ·         Ability to work with the both internal and external stakeholders   ·         Proficiency in Computers usage,