Finance Manager
Chennai, Tamil Nadu - Full Time

Stanford University Global LLC is seeking qualified candidates for the Stanford Institute for Innovation for Developing Economies (Seed) Finance Manager position in Chennai, India.

Building on Stanford's decades-long history of educating innovators in Silicon Valley, Stanford Institute for Innovation in Developing Economies (Stanford Seed) brings innovative mindsets and practical business training to entrepreneurs in South Asia.

The Finance Manager is responsible for supporting program execution and overall administration at the Stanford Seed South Asia office. The successful candidate will work directly with the Regional Director, Program and Network Managers to support the Seed Transformation Program, Seed Spark, Seed Transformation Network Programs and other activities.

CORE DUTIES

Financial Administration (70%)

  • Maintain financial records, accounting documentation and prepare various financial reports as required by Stanford policies and local laws. 

  • Work in Stanford University (SU) based Oracle and local accounting and banking systems to process payments for vendors.

  • Coordinate with Stanford financial support functions to prepare and file monthly and yearly tax declarations with local authorities, liaise with local tax authorities (as required) and external consultants to ensure 100% compliance with all relevant laws including but not limited to Income tax, provident fund, GST, professional tax etc.

  • Manage and process staff reimbursements in alignment with the Stanford and local policies.

  • Coordinate with the Regional Director and Seed Finance to develop the annual budget plan. Monitor and report variances to the leadership team on an ongoing basis.

  • Educate the local team on the existing and new SU policies, contracting procedures etc and serve as a key point of contact for the local team on budget related queries, contracting and policy questions and clarifications.

  • Forecast cash flow requirements in advance of every quarter, coordinate the fund transfer process etc with SU Global LLC and ensure adequate funds at all times  to manage on ground operations.

  • Assist with annual external and internal audits.

  • Serve as petty cash and/or corporate credit card custodian account.  

  • Liaise with the local legal firm and other external consultants and lead the visa application process, on ground compliance processes for incoming coaches and ensure 100% compliance  with the immigration laws etc at all times. 

  • Manage the claim processes, housing arrangements, income tax filings and other compliances for coaches working in South Asia. 

  • Lead the negotiation, approval and contracting processes for various Stanford South Asia events including Conclave, information sessions, network events etc. ensuring alignment with the SU budget and contracting guidance. Provide administrative support as needed for the events

  • Lead/ Participate in the SU new policies drafting and training process as needed and review/ update of existing staff policies, accounting handbook, HR handbook etc. in regular time intervals. 

  • Participate in special projects as determined by the company.

Human Resources Management Support (20%)

  • Ensure proper payroll administration, with the assistance of appropriate external entities and or vendors.

  • Interact and serve as the primary contact to employees regarding enrolling in country benefits, assist in changes requested by staff, administering other benefits plans related to wellness and proper ergonomics in the office setting.

  • Work with benefits broker(s) to ensure the proper float is available as needed for new hires or benefits changes.

  • Help administer processes for staff related to onboarding, leave administration, immigration and offboarding in consultation with Global HR.

  • Assist in the hiring process, including knowledge or use of an applicant tracking system.

  • Be available for staff who have questions or concerns and assist or refer them to the proper channels.

  • Coordinate onsite visits with Sannam consultant, schedule POSH and other compliance training.

  • Serve as a resource on global human resources issues, effectively communicate policies, resources processes and procedures. Resolve basic issues as appropriate. Refer other issues to the appropriate person for resolution.

General Administrative Support (10%)

  • Oversee and monitor the work of F&A Associate and provide adequate support at all times to ensure optimum performance.

These duties may be adjusted as needed to suit the business needs of the Seed South Asia Program.

MINIMUM REQUIREMENTS

Education and Experience 

  • Four-year college degree from an accredited university, and at least 5 years’ relevant experience, or a combination of education and relevant experience.

Knowledge, Skills, and Abilities

  • Near-native Tamil or Hindi language proficiency

  • An advanced level of fluent English skills both oral and written

  • Thorough knowledge of accounting principles and practical experience in business fundamentals

  • Demonstrated expertise with internet banking

  • Computer proficiency with skill in using Microsoft Word, PowerPoint and Excel

  • Demonstrated ability to establish priorities, manage shifting priorities, and handle numerous time-sensitive projects with multiple deadlines, working independently and collaboratively as appropriate with professional colleagues both within the center and abroad in a team-oriented environment.

  • Ability to accomplish goals working through formal and informal channels, with diplomacy and tactfulness.

  • Strong attention to detail with a high level of accuracy.

  • Demonstrated creativity, problem solving, critical analysis, initiative, judgment, and decision making skills.

  • Understanding of working in a complex university or similar environment with proven ability to exercise patience and flexibility with staff, coaches, interns, faculty and outside constituents.

  • Strong interpersonal skills, adept at fostering and maintaining effective collaboration, trust, teamwork, and respect.

  • Must be legally authorized to work in India.

  • May work variable hours, evenings or weekends.

  • May travel locally and/or internationally with occasional overnight travel.

Seed is a Stanford Graduate School of Business-led initiative that's working to end the cycle of global poverty. We believe that business is one of the most powerful engines of change to move developing economies to greater prosperity. To maximize our impact, we're working on multiple fronts and across multiple horizons. Seed is training business leaders in developing economies, inspiring Stanford students to become globally engaged leaders, and supporting critical research that can lead to breakthrough solutions.

For more information about the Seed, please visit here.

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, disability, protected veteran status, or any other characteristic protected by law.