Associate, Finance (Donor Management)

Working at Teach For India

Teach For India is on a journey to reach an India free of poverty and filled with love by ending educational inequity in our country. Fifteen years into our journey we are a movement of 5000+ Alumni working at all levels of the education system, who are reaching 1 in 10 children across the country. These Alumni have graduated from our two-year Fellowship Program where they taught in under-resourced classrooms to put 33,500 low-income children on a different life path. Today, we have 1000 Fellows and are the largest pipeline of driven, skilled talent into the educational ecosystem in India. Over 16,000 Teach For India students have appeared for the 10th grade board examinations till date, with an impressive 95% pass rate across cities as of November 2024.

In 2022, we embarked on Phase 4, our fourth strategic phase. We have a bold and ambitious ten-year journey ahead of us that aims to grow 50,000 leaders, who will work collectively, and with love, to transform the lives of 1 in 10 low-income children in our regions, through an education that unleashes the potential of self, others and India. In this decade, five key priorities will lead us to this vision.

1. Strengthen our core Fellowship to build strong teacher leaders who provide an excellent and equitable education to our children and continue to do so beyond the Fellowship
2. Scale our impact by strategically introducing additional Fellowships as alternative pathways for leadership development
3. Match the Alumni of our programs at an intersection of their interests and the needs of the system and our children
4. Advocate for key issues that impact educational equity, and engage 3.5% of the population in the movement for educational equity
5. Act collectively with our Alumni to learn about and address key issues in our regions.

Our work will only be completed when we have built a movement of leaders that is large enough to ensure that every child in India attains an excellent education.

We pride ourselves as being a passionate, idealistic, mission-driven team of individuals. We're committed to learning and excellence in our roles, and to being deeply rooted in our core values.

What Teach For India Can Offer You:

• The opportunity to be part of one of the most established and visionary movements in the education sector in India which is at a pivotal point in terms of expanding its scale and outreach across the nation and working with changemakers across the country.
• A challenging yet flexible workplace in which every individual employee's Staff journey is tracked for excellence and leadership development.
• A work environment in which employees holistic well-being is a core priority, enabling people to be their best selves.
• Access to connections and resources from the global Teach For All network that includes partner organizations spanning 50+ countries across 6 continents.
• Remuneration that is competitive within the top quartile of the Indian NGO pay scales, and a benefits package that includes extensive medical insurance and maternity coverage for both parents.

Position Summary:

Reporting to: Manager, Finance

The Associate, Finance (Donor Management) will support strong MIS, donor reporting, and financial tracking across all funding streams. Working closely with the Manager Finance, the role includes assisting with grant budget preparation, ensuring accurate financial data, aligning donor requirements with internal processes, and maintaining robust controls. It also involves close coordination with the fundraising team and periodic interaction with auditors and donors. This is an excellent opportunity for a finance professional passionate about the social sector to contribute meaningfully to the organisation's impact.

Responsibilities:

Donor Reporting and Grant Finance

1. Support budget preparation for funding proposals and track financial utilisation under donor grants.
2. Ensure accuracy and timely submission of donor reports in required formats.
3. Coordinate with the Fund Raising/Development team for closure of Fund Utilisation Reports (FUR) with donors
4. Coordinate with the auditors for issue of FURs and
5. Regularly review accounting entries to ensure allocation of funds to correct projects and expenditure accounts.
6. Support the Manager (Finance) in responding to the queries raised by statutory and internal auditors.
7. Support the Manager (Finance) in the preparation of returns and documentation in relation to donations received.

Financial Planning and Control

1. Assist the Manager (Finance) in preparation of annual budgets and forecasts.
2. Ensure compliance with the Indian Trusts Act, Income Tax Act, and FCRA regulations.

Team Coordination and Process Strengthening

1. Supervise junior finance team members and build capacity within the department.
2. Review existing practices for efficiency improvements and greater financial control; create manuals and process documents where necessary.
3. Collaborate with cross-functional teams to instill financial discipline and adherence to donor/government standards.

As an Associate at Teach For India, you will:

• Contribute to the team goals and priorities beyond individual goals and priorities.
• Serve as an ambassador of the Teach For India brand and an advocate for our work and for educational equity in our country through both internal and external communication after committing time in our classrooms to understand our work more deeply.
• Support with key organizational areas such as Recruitment, Selection, Fundraising, Volunteering, Movement Building.

Minimum Qualifications, Experiences and Expectations:

Qualifications and Experience:

1. Education: Inter CA, or Commerce Graduate from a recognized institution.
2. Experience: 3-5 years of relevant experience in medium to large NGOs or MIS exposure in corporate in the service sector; exposure to both nonprofit and corporate settings preferred.
3. Good knowledge of excel and MIS reports.
4. Experience with ERP systems such as NetSuite, Tally, or equivalent.
5. Work experience or audit exposure with Big 4 audit firms is an added advantage.

Skills and Attributes

1. Good command over English (spoken and written) is required;
2. High attention to detail and integrity in financial data management.
3. Good analytical and multi-stakeholder coordination skills.
4. Ability to explain financial concepts to people from a non-finance background is good to have.
5. Ability to work with minimum support even remotely, if applicable, while meeting critical deadlines.
6. Passion for the social sector, with alignment to the mission of improving education outcomes.

Note: We want to hear your unique voice and perspectives through the process, hence all applicants are expected to personally author statements of purpose/essays in the application form. Sole use of AI or Chat-GPT based tools may lead to disqualification from the process.