Finance Officer

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Position Title: Finance Officer
Location: India
Country: India
Deadline Date: 12th March, 2025

Job Details

Job Posting Organization:
The Clinton Health Access Initiative, Inc. (CHAI) is a global health organization founded in 2002, primarily in response to the HIV/AIDS epidemic. Its mission is to save lives and reduce the burden of disease in low- and middle-income countries. CHAI operates in over 40 countries, working closely with governments and the private sector to create and sustain high-quality health systems. The organization has expanded its focus beyond HIV to include infectious diseases such as COVID-19, malaria, tuberculosis, and hepatitis, as well as non-communicable diseases like cancer and diabetes. CHAI is dedicated to maximizing sustainable impact at scale, ensuring that governments lead the solutions, and sharing learnings globally. The organization values its diverse team, which is comprised of enthusiastic individuals with a broad range of skills and experiences, and is deeply rooted in the countries where it operates, with the majority of its staff based in program countries.

Job Overview:
The Finance Officer position at WJCF is critical for supporting routine finance operations within the organization. This role involves interfacing with various members of the finance and operations team and serving as a key focal point for compliance and internal financial management. The Finance Officer will provide essential support for accounting, transaction processing, and monthly account closures, working under the guidance of Finance Managers. Responsibilities include tracking medical reimbursement claims, managing insurance coverage, maintaining buffer provisions, ensuring timely renewals of insurance policies, facilitating staff claims, and notifying insurance companies of any staff changes. The Finance Officer will also oversee the settlement of gratuity claims for outgoing employees and maintain liaison with bankers and insurers to implement any necessary changes to bank mandates.

Duties and Responsibilities:
The Finance Officer will handle routine accounting and transaction processing, ensuring timely processing of staff travel and reimbursements, and verifying vendor payments and legal dues. They will work closely with the accountant to ensure accuracy in financial expenditure against project budgets. The officer will ensure compliance with financial control procedures and applicable in-country laws, support program teams with accurate information, and assist with audits and bank operations. They will maintain liaison with bankers and insurers, book expenses, and reconcile insurance company balances. The officer will ensure smooth additions and deletions of staff under various insurance policies, conduct staff orientation on insurance coverages, support staff with insurance claims, and assist in the implementation of new accounting software. Additional responsibilities may be assigned by the Finance Manager or Director.

Required Qualifications:
Candidates must possess an MCom, CA (inter), or MBA (Finance) from a reputed university or institute, along with 5 to 7 years of relevant work experience. A strong knowledge of financial software such as QuickBooks or Tally, as well as proficiency in MS Excel, is essential. Candidates should have experience in developing linked data spreadsheets/models and using advanced Excel features. Skills in reviewing and interpreting reports, developing narrative analyses, and strong accounting knowledge are required. The ability to multi-task and work effectively in a fast-paced environment is crucial, along with the capability to coach both finance and non-finance personnel on financial issues.

Educational Background:
The ideal candidate should have a postgraduate degree in finance or accounting, such as an MCom, CA (inter), or MBA (Finance), from a recognized university or institution. This educational background is essential to ensure a strong foundation in financial principles and practices necessary for the role.

Experience:
The position requires 5 to 7 years of relevant work experience in finance or accounting roles. Candidates should have a proven track record of handling financial operations, compliance, and internal financial management in a similar capacity, preferably within large international development organizations.

Languages:
Fluency in spoken and written English is mandatory for this position. Strong communication skills are essential, and proficiency in additional languages may be considered an advantage but is not required.

Additional Notes:
The application deadline for this position is 12th March, 202

• The role is full-time and based in India. The organization is open to recruiting nationally and may offer competitive compensation and benefits packages, although specific details regarding compensation are not provided in the job description.