Presentation of Finance Team

Team members: Led by Soumitra Bose, Timir Bhattacharya along with team Paramita, Sanjay Daing and Indrajit.

Activities done in last year:

• FCRA , Tax & Audit compliance
• Streamlined internal processes on requisition & approval of payments
• Partnering with Project teams & Donors on finance utilization
• Donations of around Rs 6 crores in line with 2021-22 & managing an average Rs 50L monthly spend.
• Commenced Budget based monitoring for key CSR projects
• Commenced IT software development on MCDF & Education

Notable achievements:

• Quarterly Accounts to Board
• Payroll management of 500+ staff along with Admin
• FC Accounts streamlined and aligned with new FCRA guidelines
• Cash transactions & transfers on personal names minimised

Future plan:

• HR Software Development & Implementation
• Budget-driven project planning & execution
• Cash Flow Management

 

Mukti accounts auditor Mr. Animesh Mukhopadhay (CA) discussed 3 topics while delivering his speech.

• Organizational growth: Donation increasing pent of 4 years (2017-18, 18-19, 19-20 and 20-21) has been noticeably improved.
• Compliances: All the compliances are done on a regular basis.
• Audit accuracy: Previously audit was done once a year now it is done half yearly.