Milan Kumar Tiwari

Assistant Finance Manager

Going To School (NGO)

11.2016 - Current

Preparation of bank reconciliation statements and all other tasks pertaining to Bank Accounts
Book keeping and day to day accounting
Allocation of expenses in Cost Centre with founder wise
Prepare monthly income and project reports for management to review and analyze
Preparation of monthly, quarterly and annual reports
Assist audits and financial reviews including both Funder Financial Audits and Statutory Audits
Drafting Financial Report using a computerized reporting system
Formulate and administer approved general accounting practices throughout the company to ensure accounting, financial and operating reports accurately reflect the conditions of the business and provide reliable information for control and management purposes
Monthly Budgetary reports highlighting the utilization of funds to be used for conducting Internal Audit
Analysis and variance reporting of expenses against budget and forecast for Account
Ensure accurate monthly and quarterly forecasting for Account through collaboration with relevant stakeholders
Provide support to the management team on month end processes, accruals, monthly reporting and performance commentaries
Understand the operating costs, budget and forecast for Account
Ensure adequate flow of information that results in accountability and ownership
Maintain thorough understanding of client's accounting structure and associated systems and translating knowledge to ensure smooth and consistent flow of financial data
Develop, maintain and deliver in timely manner the Client's approved financial formats across the region
Ensure all operational staff are well trained on financial systems and effectively able to understand financial reports
Maintaining and updating all accounts and prepare Reports of different programs within the organization according to the Budget Heads and line items
Maintaining financial security by following internal controls
Cost Analysis & Preparing Budgets as per the vendor quotations and ensure minimum variances
Coordinating between all the regional offices and field staff in order to ensure timely completion of the established policies for reimbursements and advances
Contributing to team effort by accomplishing related results as needed
Ensure all accounting and office staff are trained and competent to achieve position objectives and demonstrate initiative in the conduct of assignments
Staff compensation including deduction of tax at source and filing of taxes; coordination with appropriate authorities/consultants & TDS returns
Co-ordination with Auditor's and support during the annual audits and prepare required documents in support of the same
Participate in the development of accounting methods and administer approved accounting procedures
Assist in Procurement of Resources, preparing documentation, facilitating inventory control, maintaining records and filing systems
Resolve administrative problems
Develop and update administrative systems to make them more efficient
Reconciling financial discrepancies and Handling sensitive information in a confidential manner
Review all the financial and legal compliance
Maintaining proper documentation of all the documents i.e
Fixed Asset Register, Stock register, Inventory, Agreement copies etc
Data entry of all the financial information into the Tally ERP of Going To School after due verification and cross examining accuracy of the records
Processing of physical records and maintaining an up to date database of all the vouchers
Salary processing of staff and handling records of advance taken by the staff
Procurement, Invoice Payments & Billings
Manage all accounts payable related activities, such as payments, invoice submissions and AP reporting
Support and maintain all necessary guidelines and manuals associated with the accounts payable / receivable process
Goods receiving and maintaining record of POD, s Verify receipts of supplies
Ensure all client invoicing and vendor invoice processing complies with the local taxation requirements
Responsible for all issues relating to local invoicing taxation requirements and laws
Negotiation for purchase or sale of equipment, materials, supplies, products and services
Network and relationship building with all service providers at Going To School Fund.