Finance Associate
Mumbai
Operations – Finance /
Consultant /
On-site
About us The India Climate Collaborative (ICC), registered as ‘Council of Philanthropies for Climate Action’ (CPCA), is a collective working to identify critical sectors that need investment, drive funding towards climate solutions, and enable private and corporate philanthropy to engage more effectively with climate action. We work closely with the climate ecosystem, including research organisations, implementers, government stakeholders, businesses, and more, as well as engage with our domestic and international donor base to ensure that funding flows towards high-impact climate solutions. We were founded by some of India's pre-eminent corporate and philanthropic leaders, including Rohini Nilekani, Ratan Tata, Anand Mahindra, Nadir Godrej, and others.
Our team is a small, tight‐knit group driven by a shared passion for achieving the ICC’s mission and vision. An ideal addition to our team is a self-starter, always willing to roll up their sleeves and get stuff done. We prefer candidates with a good eye for detail, commitment to a high quality of output, and a team-centric mindset.
Role The ICC is looking for a Finance Associate who will be responsible for assisting in managing, and improving the operations at the ICC.
Reporting to the Finance Manager, they will undertake the following key responsibilities:
Budgeting:
Develop quarterly, semi-annual, and annual budgets for both domestic and international funding sources. Conduct regular reviews to ensure financial alignment with the established budgets. Collaborate with program teams to compile accurate financial projections.
Grant Management:
Oversee the grants portfolio, ensuring seamless integration with financial accounting. Serve as a liaison between program and engagement teams, monitoring grant expenditures and ensuring timely reporting. Ensure that all grant expenses align with the objectives of the grant and ICC guidelines.
Compliance:
Support the Finance Manager in ensuring compliance with regulatory and statutory requirements with Tax Authorities, Charity Commissioner, Registrar of Companies, and internal and external auditors.
Board and Statutory Meetings:
Assist the Finance Manager team in scheduling, managing, and facilitating periodic board meetings, Annual General Meetings, and other statutory gatherings.
Reconciliation:
Conduct monthly and quarterly reconciliation of ledgers and bank statements for respective grants.
Accounting:
Prepare balance sheets, income and expenditure statements, and trial balance statements. Ensure timely filing of TDS returns.
Utilization Certificate:
Provide utilization certificates to donors in their preferred format. Verify and collect utilization certificates from grantees.
Payments:
Facilitate timely release of monthly salary and vendor payments following due diligence.
Legal Coordination:
Act as a liaison between the ICC team, partners, and legal advisors. Draft or review contracts, MoUs, and manage associated expenses.
Vendor Contracts:
Collaborate with internal teams, partners, and vendors to gather and verify details for vendor creation and payment processing.
Requirements
- Background in finance with 3-5 years of work experience or CA fresher.
- Strategic and critical thinking skills to conceptualize multiple approaches to solving a problem and drawing out a clear roadmap with roles and responsibilities.
- Experience gathering, evaluating, presenting, and reporting financial information to management, external stakeholders, and donors.
- Experience of driving operational/technological change end-to-end in a medium-sized organisation.
- Ability to be resourceful and entrepreneurial in the face of uncertainty.
- Excellent communication and interpersonal skills (both written and verbal).
- Ability to manage external stakeholders, including partners and technical advisors.
- Ability to process information from multiple sources, and compile and articulate in a presentable manner.
- Be a self-starter, flexible and comfortable in the grey to fill gaps in the organisation, ready to support where required.
What we offer:
• Working with the leading minds on climate change across philanthropy, research institutions, government and implementing organizations, as part of India’s climate movement
• Growth and exposure in a quickly growing start-up organization, with a young team committed to professional development
• Opportunity to institute best practices, and develop ICC traditions, and be part of building the experience of working at the organization.
• A competitive salary based on industry standards
Terms of employment:
Location: Mumbai
A brief letter stating interest and qualifications for the position.
A resume detailing work experience, education, qualifications, and contact information (name, email, phone) for at least one professional reference
Timeline Prospective candidates are encouraged to apply as soon as possible, and will be interviewed on a rolling basis. Due to the small capacity of our team, only shortlisted candidates will be contacted.
The India Climate Collaborative, registered as the Council of Philanthropies for Climate Action, is an equal opportunity employer.
