Assistant Manager Finance (Accounts Receivable)

About Organization:

Magic Bus India Foundation is one of the leading NGOs in education and skilling in India. Over the past 26 years, the organisation has established a strong presence across 22 states and union territories, impacting the lives of young people from underserved communities between the ages of 12 to 25 years. Through its two distinct programmes - the Adolescent Programme and Livelihood Programme, Magic Bus equips young people with essential life and employability skills to help them move out of poverty and lead sustainable lives. The Adolescent Programme empowers adolescents (12-18 years) with life skills education and Foundational Literacy and Numeracy (FLN). To support this, Magic Bus has established an impressive network of 30,000 schools, 343 Community Learning Centres (CLCs) and has MOUs with 10 state governments and NITI Aayog. Notably, 52% of the participants are girls, reflecting the programmes strong focus on gender inclusion. The Livelihood Programme prepares youth (1825 years) for sustainable careers by imparting transferable life and employability skills. Magic Bus has set up 133 Livelihood Centres, built 1,130+ college partnerships, and established Entrepreneurship Incubation Centres to nurture aspiring entrepreneurs from underserved communities. 60% of the programmes participants are young women, highlighting a strong emphasis on empowering women through skilling. In addition to its urban skilling initiatives, Magic Bus has also expanded into the Peri-Urban and Rural Livelihood Programme, focusing on empowering women in peri-urban and rural areas. This programme equips women with leadership and business skills, enabling them to establish and sustain enterprises and move towards financial independence. Through its sustained efforts, Magic Bus has empowered over 35 lakh adolescents and 5 lakh youth, enabling their transition from childhood to livelihood. For more information, visit: https://www.magicbus.org/

Position details

Job Title: Senior Executive/ Assistant Manager - Finance

Department: Finance

Reporting to: General Manager Finance

Type of role: Fulltime

Key Responsibilities

Prepare and deliver accurate, timely MIS reports at district, regional, and national levels.

Perform budgeting, forecasting, and variance analysis (Budget vs Actuals) for internal and donor reporting.

Manage revenue recognition and ensure compliance with accounting standards.

Maintain hands-on knowledge of financial statements.

Coordinate with stakeholders including internal teams (CRM, RDs, RFMs), funders, and auditors.

Handle donor audits

Manage funder reports.

Support month-end and year-end closing processes.

Collate, analyse, and present data to support decision-making.

Undertake other responsibilities assigned by senior management.

Strong analytical skills with attention to detail and accuracy.

Flair for numbers and ability to interpret financial data effectively.

Proficiency in ERP systems (e.g., Microsoft D365) and MS Excel.

Excellent interpersonal and communication skills.

Compliance-oriented with high ethical and moral standards.

Experience in auditing and financial analysis.

Innovative and solution-oriented thinker.

B.Com / M.Com / Inter CA/MBA.

Experience: 35+ years in Finance & Accounts management

Interested candidates can reach out on [HIDDEN TEXT]