Job Opportunity for Global Manager – Reporting and Financial Planning at STIR Education in Delhi

About Stir Education

We are an international NGO that supports education systems to reignite intrinsic motivation so that every child, teacher and official is motivated to learn and improve. 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. Since 2012 we have reached 200,000 teachers and 6 million children across 70 districts in India and Uganda and have recently launched our programme in two districts in East Java, Indonesia.

OUR MODEL

We 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 motivation.

Practically, 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 intrinsic motivation.

District 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.

The 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.

OUR VALUES

How 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.

GLOBAL MANAGER – REPORTING & FINANCIAL PLANNING

THE OPPORTUNITY

STiR Education is looking for Global Manager – Reporting and Financial Planning. This position will play a key role in supporting the budgeting and financial planning processes within the organisation along with contributing to ensuring that all financial reports – internal as well as to donors, are accurate, timely and compliant.

This positions reports to the Global Associate Head – Financial Planning and Reporting based in Delhi, India. The role is preferably based in New Delhi, but for exceptional candidates, Bangalore or Chennai are also options.

Roles And Responsibilities

MANAGEMENT OF ACCOUNTS, REPORTING AND BUDGET PREPARATION

• Review and prepare data and information shared from Finance team across all locations for the purpose of reporting on monthly basis and ensure all accounting entries are posted in line with organisation’s budget, cost centres and are compliant with Organisational policies/guidelines as well as the Statutory rules and regulations (FCRA, Income Tax, etc).
• Prepare consolidated monthly reports containing variance and narratives received from in-country finance team leads, budget holder wise and location wise. Ensure quality narratives are received and where necessary reach out to budget holders directly one on one basis.
• Prepare monthly MIS and quarterly reports for AHF to review and share with respective stakeholders
• Support the Global AH-FP&R in preparing various and bespoke reports for Leadership team, Finance Committee and Board.
• Coordinate and Ensure adherence to operating rhythm by Country finance teams to share monthly and quarterly reports with the reporting team.
• Support Global Associate Head (AH) in preparing and consolidating annual budgets with finance leads and budget holders.
• Co-ordinate with various functional heads and provide guidance/ orientation on budgets wherever required and act as a business partner.
• Be responsible for Intercompany reconciliation on monthly basis and ensuring the MIS is updated accordingly.

DONOR AND EXTERNAL REPORTING

• Maintain a schedule of financial reporting deadlines to donors.
• Compile financial reports for donors according to reporting schedules in donor agreements and as per donor templates/formats for review for Global AHF.
• Ensure consistency between narrative and financial components of reports to donors.
• Track 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.
• Prepare bespoke budgets based on donor and organisational needs and support the donor partnership team in absence of AHF

INDIA CSR BUDGETING AND REPORTING – (Specific to India compliance)

• Pulling reports from the system and work closely with Finance Team for supporting documents and scanning to be shared with donors for reporting
• Preparing reports to CSR donors based on Indian compliances and coordinating with budget holders as needed
• Preparing bespoke budgets for proposals for India CSR for review by AHF

DONOR AUDITS

• Stay on top of audit requirements for funders and ensure all documentation and requirements are complied with and audits completed within timelines.
• Manage and support during donor audits and thereafter to implement feedback as part of the wider team.
• Undertake any other responsibility as required, from time to time with regards to CSR and any audits support to the FinOps team.

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

Required Skills And Experience

• As part of this role, the core competencies that we’re looking for include:
• The candidate must hold a Masters in Finance/CA Inter/MBA with an experience of at least 4 years in a Not-for-Profit organization in similar capacity.
• Excellent knowledge of Tally and MS Office.
• Proficiency in Excel is a must.
• Experience of working on SAP ERP is desirable and will be an added advantage.
• Experience of budgeting and managing finances in a fast-changing environment.
• Ability to work with a high functioning team and communicate clearly to diverse audiences and different time zones
• Strong attention to detail and to see things through to a very high standard
• Strong communication, planning and project management skills.
• Strategic thinker with the ability to translate ideas into action.
• Strong identification with STiR values.
• Ability to learn and adapt rapidly based on feedback.

Remuneration And Benefits

A consultancy fees of ₹ 78,224/- per month (₹938,685/- 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 children.