APPOINTMENT FOR ASSOCIATE HEAD – REPORTING & FINANCIAL PLANNING
ABOUT STIR EDUCATION
are an international NGO that is addressing the moral and economic
imperative that every child, everywhere, should have a teacher who
cultivates the joy of lifelong learning. At a practical level, that
means we support governments to reignite intrinsic motivation in
teachers and local officials, through teacher networks. Our vision is a
world where teachers love teaching and children love learning. In our
sixth full year of operations, we are working with 200,000 teachers and 6
million children across 70 districts in India and Uganda.
achieve this through a five-year learning partnership with an education
system, where we align all levels of the education system (officials,
teachers and children) around the goal of increasing intrinsic
this means that teachers undergo monthly network meetings with about 20
to 30 local peers. Through these meetings they’re supported to develop
their practice in areas ranging from effective questioning to creating
warm but orderly classroom routines – all designed to create a more
effective relationship between the teacher and child. In doing so they
develop a sense of autonomy (the sense they can change things), mastery
(sense of getting better as a professionals) and purpose (reconnecting
emotionally with their peers and students) – the key drivers of
officials undergo a training and coaching programme that motivates and
supports them to prioritise, run and monitor the teacher networks and a
close partnership with the state or national government enables the
government to align this intrinsic motivation approach within their
priorities, structures and systems.
approach is run by the government from day one and after about five
years of partnering with an education system we hope to have embedded a
culture of improvement at all levels for the system to continue to
strengthen itself. We typically allocate one member of our own staff per
district to train, energise and coach the district officials running
the approach, and a small team at the national or state level.
we approach our work is as important as what we do and our core values
guide the way: Humility – We don’t have all the answers upfront.
Ownership –We empower each other with high expectations & support.
Openness –We will listen, learn and improve, and lead through obstacles.
Purpose – We’re united by a shared vision we’ll build & achieve together.
ASSOCIATE HEAD – REPORTING AND FINANCIAL PLANNING
Education is looking for an Associate Head – Reporting and Financial
Planning, based in Delhi. The role is responsible for the budgeting and
financial planning processes within the organisation along with playing a
key role in ensuring that all financial reports – internal as well as
to donors, are accurate, timely and compliant.
The role is preferably based in New Delhi, but for exceptional candidates, Bangalore or Chennai are also options.
ROLES AND RESPONSIBILITIES
MANAGEMENT ACCOUNTS REPORTING AND BUDGET PREPARATION
Prepare monthly, quarterly and annual reports for Leadership team, Finance Committee and Board.
consolidated monthly reports with Leadership Team containing variance
and narratives received after close coordination with in-country finance
team leads budget holder wise and location wise.
Ensuring adherence to operating rhythm by Country finance teams to share monthly and quarterly reports
Prepare and work with GDFO to build financial health and reserves.
projections are prepared in close coordination with donor partnership
team and prepare analysis with different models and lead on sharing with
GDFO and flag concerns, indicate areas of focussing organisational
energies and attention
Map donor expense reports submitted and pre-empt any corrective actions needed and update the country/global finance leads.
GDFO for preparing FC papers which includes, Financial projections,
Funding Scenarios, Global Budget Variance reports etc.
Lead on annual budgeting process with finance leads and budget holders.
part of strategic discussions and preparing 3-5 year costs to predict
Global picture and organizational expansion with scenario building.
Preparing standardized global budget and re-forecasting templates and preparing Global consolidation of budgets.
Co-ordinating with various functional heads and provide guidance/ orientation on budgets wherever required.
Be responsible for Intercompany reconciliation on monthly basis
the donor partnership team (your primary stakeholder) has all required
financial information on time for either Donor reporting or bespoke
Maintain a schedule of financial reporting deadlines to donors in co-ordination with the donor partnership function
with donor partnership leads to ensure that financial reporting
templates for all grants are set up in accordance with donor
Compile financial reports for donors according to reporting schedules in donor agreements and as per donor templates/formats
Ensure consistency between narrative and financial components of reports to donors
and maintain a record of grants expected, received and reports
submitted to donors ensuring all grant income due are duly applied for
Track and maintain record of funds expected and received and highlight delays, if any during the grant lifecycle.
current donor reporting, undertake longer term forecasting and
optimisation specifically on restricted v/s unrestricted funding and
Be part of donor calls as and when required
Be part of donor-programme calls for ensuring financial narratives are in-line with programme narrative reports.
Prepare bespoke budgets based on donor and organisational needs
AUDITS AND TEAM PLAYING
on top of audit requirements for funders and ensure all documentation
and requirements are complied with and audits completed in time
Manage and support during audits and thereafter to implement feedback as part of the wider team
Prepare global financial consolidation for GDFO to review and support in preparation of global audit (UK)
Undertake any other responsibility as required, from time to time
ACTIVELY CONTRIBUTE TO ORGANISATIONAL DEVELOPMENT AND CULTURE
Role model professionalism, ensure integrity and accuracy in your work and take ownership of your own development
Develop strong, purposeful and collaborative relationships with all team leads.
Make sure that all the work you do and relationships you build are in the STiR spirit and in line with our values
Model ‘Growth Mindset’ at all times - show that improvement is always possible
KEY COMPETENCIES REQUIRED
Outstanding communication skills
Strategic, analytical and critical thinking skills
Personal commitment to excellence and quality
Values driven role model
Dynamic self-starter that demonstrates creativity and initiative
Intrinsically motivated to learn and grow
Honesty and integrity
EXPERIENCE AND ACADEMIC QUALIFICATIONS
Post graduate in Finance - MBA/ CA is desirable
minimum of 6-7 years finance experience, including two to three years’
experience of either management accounts report preparation, or
preparation of financial reports to external agencies (e.g. statutory
donors, grant-making institutions), or equivalent experience of accounts
analysis and reporting
Experience of using accounts software packages preferably Tally and SAP.
Advanced level of competence in Excel, presentations and analytical skills
High level of accuracy and attention to detail
to prioritise work, meet deadlines and combine responding to urgent
requests along with longer terms tasks and activities
Ability to influence teams without reporting lines.
Open to communicate in different time zones as needed
Open to travel as and when required
REMUNERATION AND BENEFITS
consultancy fees of 160,272/- per month (Rs.19,23,264/- per annum)
will be paid for your service (subject to relevant taxes at source),
along with Medical Insurance for yourself, spouse and up to two
your skills, experience & priorities align with STiR’s vision,
mission & values, and you want to grow with STiR’s journey, please
apply here for
the role of Associate Head – Reporting and Financial Planning. The full
interview process will include a variety of assessments and
interviews. The last date for applying is the 5th of November 2021.
A consultancy fees of 160,272/- per month (Rs.19,23,264/- per annum)