MOM - Accounts Manager at Canoe Consulting Services

Kolkata, west bengal, India -

Full Time

Start Date

Immediate

Expiry Date

25 Jul, 26

Salary

900000.0

Posted On

26 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial accounting, Financial reporting, Budgeting, Financial planning, Taxation, FCRA compliance, Payroll administration, Cash flow management, Treasury management, Audit coordination, Internal controls, Vendor management, Team leadership, Tally ERP, Statutory compliance, Financial stewardship

Industry

Staffing and Recruiting

Description

MISSION OF MERCY HOSPITAL & RESEARCH CENTRE 125/1 Park Street, Kolkata Human Resources Department JOB DESCRIPTION Accounts Manager Department Finance & Accounts Reports To Chief Executive Officer / Administrator Supervises Accounts Officers, Finance Assistants Location Kolkata, West Bengal Employment Type Full-Time, Permanent Grade / Level Middle Management Date 20 April 2026 1. Position Overview The Accounts Manager is responsible for the comprehensive financial management and accounting operations of Mission of Mercy Hospital & Research Centre (MoMHRC). This role ensures the integrity, accuracy, and transparency of all financial records in accordance with applicable statutory, donor, and regulatory requirements. The Accounts Manager plays a critical role in supporting institutional governance, audit readiness, FCRA compliance, and the responsible stewardship of funds entrusted to MoMHRC's faith-based mission. 2. Key Responsibilities 2.1. Financial Accounting & Reporting • Maintain accurate books of accounts in accordance with Generally Accepted Accounting Principles (GAAP) and applicable Indian Accounting Standards. • Prepare monthly, quarterly, and annual financial statements, including income and expenditure accounts, balance sheets, and cash flow statements. • Generate management accounts and financial summaries for review by the Executive Director, and Governing Body. • Ensure timely month-end and year-end closings, including ledger reconciliations and trial balance reviews. 2.2. Budgeting & Financial Planning • Lead the annual budgeting process in collaboration with department heads, the Administrator, and senior management. • Monitor actual expenditure against approved budgets and provide variance analyses with explanatory notes. • Prepare programme-wise and project-wise budgets for charitable healthcare activities, clinical camps, and institutional programmes. • Provide financial projections and scenario modelling to support institutional planning and decision-making. 2.3. Statutory Compliance & Taxation • Ensure compliance with all applicable tax regulations, including TDS deductions, GST filings, and income tax returns for the institution. • Prepare and file returns under the Income Tax Act (including 12A, 80G, and Form 10B as applicable), and ensure ongoing compliance with exemption registrations. • Liaise with tax consultants, auditors, and statutory authorities on notices, assessments, and correspondence. • Maintain up-to-date knowledge of amendments to tax and financial regulations affecting not-for-profit and healthcare institutions. 2.4. FCRA Compliance & Donor Fund Management • Maintain segregated accounts for Foreign Contribution (FCRA) receipts and expenditures in strict compliance with the Foreign Contribution (Regulation) Act, 2010. • Prepare and file the annual FCRA return (FC-4) with the Ministry of Home Affairs within prescribed timelines. • Ensure all foreign contributions are received exclusively into the designated FCRA bank account and utilised only for approved purposes. • Prepare donor fund utilisation reports and financial statements for international and domestic funding partners, including the Buntain Foundation and Calcutta Mercy. • Maintain meticulous records to support FCRA audits, due diligence reviews, and donor reporting obligations. 2.5. Payroll & Staff Financial Administration • Oversee the preparation and disbursement of monthly payroll, including calculation of statutory deductions (PF, ESI, TDS, professional tax). • Ensure timely remittance of all statutory dues and filing of related returns. • Maintain accurate personnel financial records and respond to staff queries related to salary, deductions, and reimbursements. • Coordinate with HR on changes to staff complement, increments, and contractual arrangements affecting payroll. 2.6. Cash Flow & Treasury Management • Monitor and manage institutional cash flow to ensure adequate liquidity for operational needs. • Oversee bank account management across multiple accounts, including FCRA, operating, and project-specific accounts. • Prepare bank reconciliation statements regularly and investigate discrepancies promptly. • Manage petty cash, advance accounts, and vendor payments with appropriate controls and documentation. 2.7. Audit & Internal Controls • Coordinate and facilitate statutory audits, internal audits, FCRA audits, and donor-commissioned due diligence reviews. • Implement and monitor internal financial controls to prevent errors, irregularities, and misappropriation of funds. • Respond to audit observations, prepare management responses, and ensure timely closure of audit findings. • Maintain a well-organised document management system for all financial records, vouchers, contracts, and correspondence. 2.8. Vendor & Procurement Finance • Review and process vendor invoices, ensuring proper approval, documentation, and accounting classification. • Manage vendor accounts, reconcile outstanding balances, and resolve billing disputes in coordination with the relevant departments. • Verify advance payments, bayana arrangements, and property-related financial transactions with appropriate legal and institutional approvals. 2.9. Team Leadership & Capacity Building • Lead, mentor, and supervise the Finance department team, ensuring high standards of accuracy, confidentiality, and professional conduct. • Identify training and development needs within the team and facilitate capacity building initiatives. • Foster a culture of accountability, transparency, and mission-aligned financial stewardship. 3. Qualifications & Experience 3.1. Essential • Bachelor's degree in Commerce (B.Com [http://B.Com]) or equivalent; Chartered Accountancy (CA) or Cost Accountancy (CMA) qualification is strongly preferred. • Minimum 5–8 years of progressive accounting and finance experience, with at least 2–3 years in a supervisory or managerial capacity. • Demonstrated experience in a not-for-profit, trust, healthcare, or similarly regulated institutional context. • Thorough working knowledge of Tally ERP or equivalent accounting software. • Sound understanding of FCRA regulations, income tax exemption provisions, TDS, and GST as applicable to charitable institutions. 3.2. Preferred / Desirable • CA (Intermediate or Final) or CMA qualification. • Prior experience working with international donors and managing multi-currency grant accounting. • Familiarity with NABH accreditation financial record requirements. • Experience preparing Governing Body financial reports and presenting to institutional leadership. • Prior exposure to faith-based, NGO, or mission-driven healthcare organisations. 4. Core Competencies Technical Competency Leadership & Interpersonal Financial accounting & reporting Integrity and ethical conduct FCRA compliance & donor fund management Attention to detail & accuracy Taxation (TDS, GST, IT exemptions) Institutional communication & reporting Payroll processing & statutory compliance Team leadership & mentoring Audit coordination & internal controls Problem-solving & sound judgement 5. Working Conditions • Based at MoMHRC's main campus in Kolkata, with occasional engagement at satellite clinics or external audit and regulatory offices. • Availability may be required during financial year-end (March), audit periods, and ahead of Governing Body meetings or donor reporting deadlines. • The role operates within MoMHRC's faith-based, mission-driven institutional culture and is expected to uphold its values of integrity, compassion, and transparency. 6. Authority & Decision-Making The Accounts Manager holds operational authority over day-to-day financial transactions, payroll processing, vendor payments (within sanctioned limits), and team management within the Finance department. Decisions involving significant capital expenditure, policy changes, FCRA account transfers, or commitments exceeding sanctioned authority levels require approval from the CEO or Administrator, and in applicable cases, the Governing Body. 7. Salary : 8 – 9 LPA Application & Enquiries Interested candidates should submit a detailed curriculum vitae along with a covering letter addressed to: The Administrator Mission of Mercy Hospital & Research Centre 125/1 Park Street, Kolkata – 700 016

Responsibilities

The Accounts Manager is responsible for the comprehensive financial management, accounting operations, and ensuring the integrity and transparency of all financial records. This role also involves overseeing statutory compliance, FCRA regulations, budgeting, and leading the finance department team.