Hemanth Rayapureddy
cumberland,RI
Summary
Dynamic Grant Administrator with a proven track record at Doublene, adept in proposal development and enhancing grant compliance. Spearheaded initiatives that reduced unspent funds by 30%, resolved $250,000 in discrepancies, and improved effort reporting accuracy, safeguarding significant funding. Excels in funding strategies and fostering robust communication channels, demonstrating exceptional analytical and interpersonal skills.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Grant Administrator
Doublene
Austin, TX
09.2023 - Current
- Oversaw a grant portfolio exceeding $10 million across more than 25 active projects, ensuring compliance with federal, private, and institutional funding guidelines.
- Optimized budget allocation processes, resulting in a 30% reduction in unspent funds across fiscal years, enabling reallocation of $1.2 million toward strategic initiatives
- Implemented a new reconciliation system that identified and resolved $250,000 in misallocated or unbilled expenses.
- Designed a tracking mechanism for grant balances that enhanced forecasting accuracy and prevented overspending, safeguarding $1.5 million in funding.
- Coordinated the preparation of grant budgets and tracked expenditures against approved budgets.
Assistant Grant Administrator
Techecy
, India
05.2018 - 08.2021
- Facilitated the closeout of $5 million in expired grants, ensuring zero financial discrepancies during audits and compliance reviews.
- Improved effort reporting accuracy, reducing errors by 40% and safeguarding $250,000 in faculty salary allocations.
- Identified cost-saving measures that eliminated $120,000 in unnecessary expenses across grant-funded projects.
- Conducted in-depth variance analysis and presented findings to leadership, addressing potential overspending risks and identifying cost-saving opportunities.
- Enhanced communication channels between research teams, sponsors, and institutional management, reducing response times for grant-related inquiries by 50%
- Spearheaded a reporting initiative that automated monthly financial summaries, saving the team over 40 hours annually in manual data consolidation.
Education
MBA - Business Analystics
Lewis University
Romeoville, IL08-2023
Master of Science - Computer Science
Vinayaka Missions University
Chennai, India04-2018
Skills
- Proposal development
- Grant compliance
- Funding research
- Funding strategies
- Grant research
- Donor solicitation
Certification
- Certified Financial Research Administrator (CFRA)
Timeline
Grant Administrator
Doublene
09.2023 - Current
Assistant Grant Administrator
Techecy
05.2018 - 08.2021
MBA - Business Analystics
Lewis University
Master of Science - Computer Science
Vinayaka Missions University
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