About the role
Why This Role Exists:
As Muskaan Dreams grows across states, donors, government partnerships, and technology-enabled programs, we require stronger systems that ensure transparency, accountability, compliance, and financial discipline.The Senior Manager - Finance, Governance & Risk will be responsible for building a future-ready finance and governance function that enables organisational growth while maintaining the highest standards of stewardship and compliance.This is not a traditional accounting role.We are looking for a builder who can create systems, strengthen controls, improve decision-making through financial insights, and help shape Muskaan Dreams into a world-class institution.
Key Responsibilities
Strategic Finance Leadership
- Lead annual and multi-year financial planning.
- Develop financial strategies aligned with organisational goals.
- Build funding, sustainability, and reserve planning frameworks.
- Support leadership in strategic decision-making through financial analysis and insights.
- Establish organisation-wide financial discipline and accountability.
Budgeting & Financial Performance
- Lead annual budgeting and forecasting processes.
- Develop state-wise, program-wise, and department-wise budgets.
- Monitor budget utilisation and financial performance.
- Drive monthly variance analysis and corrective action planning.
- Build a culture of budget ownership across teams.
Donor Finance and Grant Management
- Ensure donor-wise budgeting, tracking, reporting, and compliance.
- Strengthen grant accounting and fund utilisation systems.
- Monitor restricted and unrestricted funding utilisation.
- Support donor due diligence, audits, and financial reviews.
- Ensure timely submission of financial reports and utilisation certificates.
Governance and Internal Controls
- Strengthen organisation-wide policies, SOPs, and governance frameworks.
- Establish Delegation of Authority (DoA) and accountability systems.
- Create strong process ownership and escalation mechanisms.
- Build governance practices that support organisational scale and transparency.
- Ensure institutional compliance with approved policies and procedures.
Compliance and Statutory Management
- Ensure compliance with all applicable statutory and regulatory requirements.
- Oversee: Income Tax, TDS, GST, PF & Labour Compliances
- Society Act requirements
- CSR reporting obligations
- Other applicable legal and financial regulations
- Maintain a compliance calendar and ensure timely filings.
Audit & Assurance
- Lead statutory, donor, and internal audits.
- Build year-round audit readiness systems.
- Ensure proper documentation and evidence management.
- Track closure of audit observations and management actions.
- Strengthen organisational preparedness for donor and governance reviews.
Procurement Governance
- Strengthen policies and governance frameworks.
- Ensure transparent and compliant procurement processes.
- Establish procurement documentation standards.
- Monitor high-value procurements and committee processes.
- Build systems that ensure fairness, transparency, and audit readiness.
Risk Management
- Develop and maintain the organisation's Risk Register.
- Identify financial, operational, compliance, and governance risks.
- Develop mitigation plans and monitor implementation.
- Conduct periodic risk reviews with leadership.
- Strengthen business continuity and financial resilience planning.
System & Technology
- Drive finance process automation and digitisation.
- Improve management reporting systems and dashboards.
- Strengthen ERP, payroll, and financial management systems.
- Improve quality, reliability, and accessibility of financial data.
Education & Professional Experience
- CA from ICAI or -Finance & Accounting or MBA, Eco (Hons) or related fields
- Additional Certification in Risk Management
- Knowledge of internal audits, corporate Governance, compliance, Financial Planning
- Strong exposure on Non profit space, grant Management, CSR funding
- 10+ years of experience in Non Profit
- Experience managing annual budgets of ₹50 crore+ preferred
- Prior experience with Big 4 firms (KPMG, EY, PwC, Deloitte), consulting firms, large nonprofits, foundations, education organizations, or high-growth organizations will be an advantage.
- Strong experience in budgeting, forecasting, statutory compliance, audit management, internal controls, procurement governance, and financial systems.
- Experience presenting financial information to CEOs, Boards, Audit Committees, or senior leadership teams.