Lead Accountant

Location: New Delhi, India

Objectives of the Role 

The Lead Accountant is responsible for performing accounting and reporting functions for IDinsight globally and may be involved in some compliance activities. The Lead Accountant should have highly relevant experience performing accounting and financial tasks in a mid-size Indian organization in the service industry closely linked to an international parent organization.  This is a hands-on role, and the incumbent should expect to execute some processes directly, in addition to reviewing the work of others.  We expect this individual to grow with the organization as we expand our operations worldwide. 

This position will report to the Senior Manager, Accounting and Compliance and will also work closely with the accounting and finance teams based in Delhi.

About IDinsight

We amplify social impact by partnering with leaders to develop tailored solutions. Our mission is to use data and evidence to help leaders combat poverty worldwide.

IDinsight is a mission-driven global advisory, data analytics, and research organization that helps global development leaders maximize their social impact. We tailor a wide range of data and evidence tools, including randomized evaluations and machine learning, to help decision-makers design effective programs and rigorously test what works to support communities. We work with governments, multilateral agencies, foundations, and innovative non-profit organizations in Asia and Africa. Our work spans a wide range of sectors, including agriculture, education, health, governance, sanitation, financial inclusion, and other areas.

We have expertise in a variety of rigorous approaches and methodologies, which we tailor to each client depending on their needs and constraints. To achieve a positive social impact, we:

• Support clients’ use of data and evidence for routine and major decision-making.
• Inform funding decisions – toward high-impact initiatives and away from less effective programs or approaches.
• Create and share tools, knowledge, and ideas that expand the use of data and evidence for social good.

Our diverse, growing team of roughly 250 outstanding colleagues operate in nearly two dozen countries around the world.  Learn more about our mission and values at www.IDinsight.org.  

About the Lead Accountant role

Responsibilities

• Ensure implementation of accounting policies and internal controls
• Own the accounting system, including managing the accounting transactions and the chart of accounts
• Review AP Invoices and General Ledger (GL) Transactions on a periodic basis
• Review Revenue entries and tracker on a monthly basis
• Review entity wise Trial balance on a monthly basis
• Oversee regular reconciliations of balance sheet and intercompany accounts 
• Upload batch reports and transactions to the accounting system
• Prepare accounting and financial reports as needed
• Prepare consolidation of financial results under US GAAP
• Ensure intercompany accounts balance to zero
• Review Bank Reconciliation on a monthly basis
• Review Payroll accounting on a monthly basis
• Ensure all required accruals, Depreciation, Prepaid and other adjustments
• Review Fixed Assets register and ensure Physical verification and audit happens on a periodic basis
• Work along with local auditors and Global auditor to ensure annual audit happens on a timely basis as per the US GAAP and consolidated financial statements. Review and provide all information to the auditors as per the requirement
• Ensure processes and documentation are in place to support all compliance requirements and prepared for any audits that may occur

Other Activities

• Support in-country compliance and statutory filings etc. Ensure all compliance returns are reconciled with books of accounts
• Coordination with Auditors in respective entities to get the audit done on a timely basis
• Support donor and client due diligence needs related to financial compliance
• Act as backup for other finance functions
• Support other global financial, accounting, compliance and related tasks, as and when required and assigned by Senior Manager Accounting and Compliance

Qualifications

• Bachelor’s degree in Accounting, Commerce, Financial Management, or other relevant area required. Master’s degree in one of the above fields helpful, but not required
• Professional qualification - CPA/ACA/ACCA or equivalent preferred
• Post qualification exp. Minimum 6 years of work experience in accounting and finance
• Skills and attributes: 
• Possesses honesty, integrity, strong work ethic, and team skills 
• Strong problem-solving and communication abilities; is organized and efficient
• Excited by and open to new ideas and new ways of doing things 
• Proven ability to meet deadlines in high-paced work environment
• Proactive and works with minimal supervision
• Proficient with Microsoft Word, Advanced Excel and ERP (or other similar accounting software)
• Willingness to take on all kinds of tasks and areas of responsibility, including at short notice 

Professional development

Skill and career development are core to IDinsight's values and long-term impact strategy and have been noted highlights of teammates’ experiences. IDinsighters receive significant mentorship from IDinsight leadership and support from talented peers and are given considerable autonomy when ready. They maintain professional development plans and are given "stretch" opportunities designed to strengthen a variety of skills. Real-time feedback is embedded in our culture and a formal structure enables maximum professional growth. Additionally, teammates have access to an annual professional development stipend that they are encouraged to utilize to explore their career interests and develop their skills.

Nuts & bolts

Location

This position is based in IDinsight’s Delhi, India office.. This position is not eligible for remote work, or otherwise. Preference will be given to those with pre-existing work authorization in India; however, IDInsight will seek work permits where possible for exceptional candidates. 

Start date

The start date of this position is as soon as possible, with a preference for candidates that can start immediately. 

Compensation

Compensation and benefits are commensurate with the qualifications and experiences IDinsight is hiring for and are competitive within the global development sector. We are especially proud of the people-focused benefits we offer including comprehensive international health insurance, including mental health coverage; paid vacation, sick, and parental leave; relocation benefits; a travel stipend; technology and work-from-home stipends; a professional development budget; and more.

Please note, as a non-profit, we are unable to provide compensation similar to leading private sector organizations. 

How to apply

Please click the "Apply for this job online" button at the top right. The application asks various questions in order for us to get to know you and requires a CV and cover letter. 

Please ensure that your CV includes relevant professional and personal experience as well as details on academic qualifications. CVs can range from one to two pages. Please note, headshot photographs, parental details, birth dates, marital status and other personal information not relevant to the application do not need to be included in your CV. Additionally, we strongly encourage you to use your cover letter to highlight why you want to work for IDinsight specifically, and what has prepared you to succeed in the role you’re applying for. A customized cover letter is an important part of IDinsight’s recruiting process as it allows us to understand your motivations for the position, relevant skills, and clarity of writing.

More information, including details on IDinsight’s hiring process and frequently asked questions, can be found online at IDinsight Careers. Any questions should be directed to careers@IDinsight.org. 

IDinsight’s commitment to reducing power asymmetries

IDinsight is committed to reducing power asymmetries in the social sector. Our commitment to diversity, equity, and inclusion reflects our understanding of the need for the sector to abandon unhealthy practices of the past. We wish to be part of a new generation of international NGOs who are honest about this history and transparent about our role in the present. Our commitment is also aligned with the impact of our work. 

We seek a workforce that is inclusive of a variety of perspectives that will help us refine and improve our methods and relationships, and strengthen the services we provide our clients and their communities or constituencies. The following commitments represent our vision for the IDinsight team:

1. IDinsight will have greater representation from the populations with whom we work and the clients we serve.
2. IDinsight will have greater representation from the countries in which we work.
3. Across all countries in which we recruit, we will seek greater representation from historically excluded communities.
4. IDinsight will foster an inclusive work culture that empowers a diverse team to do their best work.

IDinsight is committed to non-discrimination in our recruitment, employment practices, and organizational culture, regardless of people’s age, disability, gender, gender identity, national origin, race, religion or belief, sexual orientation, or any other status protected by applicable law.