Officer, Program Budgeting
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IMPORTANT: All applicants must be legally eligible to work in the country where the position is located. Room to Read is not able to provide sponsorship.
Position Overview:The Officer, Program Budgeting will play a critical role in supporting the financial and operational aspects of program implementation across Maharashtra, Karnataka, Madhya Pradesh, Chhattisgarh, and Rajasthan. Reporting to the Director, Program Operations, the Officer will be responsible for annual planning and budgeting, preparing cash forecasts, tracking budget outlooks, supporting donor budget reviews, and monitoring procurement processes. The role requires close coordination with state teams, as well as cross-functional collaboration with the Country Office (CO) and Global Office (GO), to ensure alignment with organizational goals, donor requirements, and internal policies.
Roles and Responsibilities: Annual Planning and Budgeting:Coordinate with state teams and relevant departments to consolidate annual program plans and budgets.
Facilitate the annual budgeting process by ensuring timely inputs from field teams and program leads.
Ensure that budget allocations align with programmatic goals and donor requirements.
Support the Director, Program Operations, in reviewing and finalizing the consolidated annual budget.
Maintain documentation and version control of budget submissions and approvals.
Collaborate with program and finance teams to collect monthly budget projections from state teams.
Monitor and track variances between planned and actual expenditures, providing analytical insights.
Assist in updating and maintaining budget dashboards to support decision-making.
Flag significant deviations or under/over-utilization to the Director, Program Operations, and suggest corrective actions.
Collect monthly fund requirement data from all implementation states.
Prepare consolidated monthly cash forecasts to ensure timely fund disbursement and liquidity.
Coordinate with the finance team to manage fund flows and ensure alignment with implementation needs.
Monitor fund utilization and ensure compliance with internal cash management protocols.
Support the review and validation of donor-specific budgets in coordination with fundraising and program teams.
Ensure that donor budgets are realistic, aligned with approved program plans, and comply with donor guidelines.
Assist in responding to donor queries and preparing revised budgets or justifications as needed.
Maintain a tracker of donor budgets, amendments, and versions for audit and reporting purposes.
Maintain oversight of procurement plans and monitor adherence to timelines and budgets.
Track procurement requests from state teams and ensure proper documentation and compliance.
Coordinate with procurement and operations teams to ensure alignment with approved budgets and donor requirements.
Generate periodic procurement tracking reports and flag delays or deviations for timely resolution.
Assist in coordinating recruitment, onboarding, and capacity-building efforts for State teams.
Ensure compliance with HR policies, labour laws, and workplace regulations.
Master’s in education / social sciences / Social Work/management/consulting or equivalent.
Minimum 5-7 years of relevant experience.
Knowledge of various programs and organizations in the field of early grade reading/literacy in India and abroad.
Excellent managerial and interpersonal skills, including skills of managing and mentoring people.
Good written and oral communication skills.
Have passion for our mission and a strong desire to impact a dynamic non-profit organization.
Be an innovative and creative thinker that tries new things and inspires others to do so.
Have a very high level of personal and professional integrity and trustworthiness.
Work well independently as well as part of a team.
Room to Read offers a competitive salary with excellent benefits. Benefits include thirteenth month bonus, health insurance and a retirement plan. The non-monetary compensation includes a unique opportunity to be part of an innovative, meaningful, and rapidly growing organization that is changing transforming the lives of millions of children in developing countries on literacy and gender equality in education.
Room to Read is a child-safe organization.Child Protection Principles
- Room to Read is committed to the education and welfare of children and protecting them from abuse and exploitation
- Room to Read has zero tolerance for child abuse and exploitation.
- All children have the right to be free from abuse and exploitation, including neglect, maltreatment, and physical, mental or sexual violence, injury or abuse.
- All children should be treated with respect and dignity.
- The well-being of the child is Room to Read’s first priority when dealing with all identified or suspected cases of child abuse.
- Room to Read shall integrate child protection into all its organizational strategies, structures and work practices.
Protection from Sexual Exploitation and Abuse (PSEA) Principles
- Room to Read Representatives must create and maintain an environment that prevents sexual exploitation and sexual abuse.
- Room to Read has zero tolerance for adult sexual exploitation and abuse.
- Sexual exploitation and abuse are serious violations of fundamental human rights and will not be accepted or tolerated.
- All adults should be treated with respect and dignity.
- Room to Read implements a survivor-centered approach, putting the survivor’s rights and dignity at the forefront.
- Survivors referred to available professional assistance ( mental health counselling), upon consent.
About Room to Read:
Founded in 2000 on the belief that World Change Starts with Educated Children®, Room to Read envisions a world free from illiteracy and gender inequality, where all children have room to read, learn and grow – creating lasting change . Through our Literacy Portfolio, we train and coach teachers of the early grades in literacy instruction; create and publish quality books and curricular materials in local languages; and establish children’s libraries filled with diverse children’s books that can be enjoyed at school and home. Our Gender Equality Portfolio supports adolescents, particularly girls, in developing life skills that promote gender equality, helping them to pursue lifelong learning and make informed decisions.
We support young people of all genders to overcome gender biases and build the knowledge and skills to create a gender-equal world. Room to Read collaborates with local communities, partner organizations, publishers, and governments to test and implement innovative models that can be integrated into the education system to deliver positive outcomes for children at scale. To date, Room to Read has benefited more than 50 million children in 28 countries.
Senior Financial Analyst - Risk Management
Posted 1 day ago
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Responsibilities:
- Develop, implement, and maintain comprehensive financial risk management frameworks and policies.
- Conduct in-depth analysis of market risk, credit risk, operational risk, and liquidity risk.
- Perform quantitative modeling, stress testing, and scenario analysis to assess potential financial impacts.
- Ensure compliance with relevant financial regulations and reporting requirements.
- Monitor key risk indicators (KRIs) and develop early warning systems.
- Prepare detailed risk assessment reports and present findings and recommendations to senior management and regulatory bodies.
- Collaborate with various business units to identify and manage financial risks inherent in their operations.
- Stay abreast of evolving financial markets, regulatory changes, and industry best practices in risk management.
- Contribute to the development of risk mitigation strategies and action plans.
- Mentor and guide junior analysts on the risk management team.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field; Master's degree or professional certification (e.g., FRM, CFA) is a plus.
- Minimum of 5-7 years of progressive experience in financial analysis, with a strong focus on risk management within the banking or financial services industry.
- Expertise in various risk types (market, credit, operational, liquidity).
- Strong quantitative and analytical skills, with proficiency in statistical modeling and data analysis tools.
- In-depth knowledge of financial regulations (e.g., Basel Accords).
- Excellent report writing, presentation, and communication skills.
- Proficiency in financial modeling software and database management.
- Ability to work effectively both independently and as part of a hybrid team.
- High level of integrity and attention to detail.
Financial Planning Analyst
Posted 5 days ago
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Confidential local venture company is looking for an FP&A Analyst that will play a crucial role in providing financial analysis and insights to support strategic decision-making and drive business performance. This role requires strong analytical skills and the ability to communicate findings effectively to various stakeholders. Success in this role will be determined by accurate and aligned analysis per business needs and private equity stakeholder expectations.
Key Responsibilities:
- Financial Planning & Analysis:
- Develop and maintain financial models for budgeting, forecasting, and long-term planning.
- Analyze financial performance, including variance analysis and trend identification.
- Support the preparation of annual budgets and quarterly forecasts.
- Provide actionable insights and recommendations to senior management.
- Reporting & Performance Metrics:
- Prepare and present monthly, quarterly, annual and financial reports & projections.
- Prepare 18-month rolling forecasts, consolidating and considering inputs from multiple sources and functions
- Develop and track key performance indicators (KPIs) to measure financial and operational performance.
- Conduct ad-hoc analysis to support business initiatives and strategic projects.
- Assist in the development of materials for board meetings and investor updates.
- Leverage Dynamics 365 Business Data & Power BI Report Development
- Ensure compliance with financial reporting requirements and private equity expectations.
- Financial Modeling & Scenario Analysis:
- Create and update financial models to support decision-making and strategic planning.
- Perform scenario analysis to assess the impact of potential business decisions.
- Operational Support:
- Collaborate with cross-functional teams to understand business drivers and operational issues.
- Support cost management initiatives and profitability analysis.
- Process Improvement:
- Identify opportunities for process improvements within the FP&A function.
- Implement best practices to enhance financial reporting and analysis efficiency.
Qualifications:
- Bachelors degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA/CFA preferred.
- 5+ years of experience in financial planning and analysis, preferably within the healthcare or manufacturing sectors.
- Experience in private equity environments is highly desirable.
Critical Skills, Abilities and Experience:
- Proficiency in financial modeling, forecasting, and budgeting.
- Advanced proficiency in Excel and financial software (e.g., ERP systems, BI tools).
- Ability to work independently and collaboratively in a fast-paced environment.
- High attention to detail and strong organizational skills.
- Team oriented with the ability to work independently with minimal supervision.
- Time management and organizational skills.
- Analytical and problem-solving skills.
- Excellent analytical and problem-solving skills, with the ability to interpret data and provide actionable insights.
Financial Planning & Analysis Manager | New Delhi
Posted today
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About Our Client
Our client is a large Indian Government organization renowned for its commitment to deepening E-Commerce penetration in India
Job Description
Financial Planning & Analysis:
Revenue and Cost Management:
Commercial Operations Oversight:
Business Partnering:
Governance and Compliance:
Technology and Innovation:
Leadership and Team Development:
The Successful Applicant
CA with 3 to 6 years of post qualification experience in FP&A, Business Finance or Commercial Finance
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