This is an interim backfill role to cover for an employee who will be out on parental leave. The duration of the assignment is targeted for 18 months starting in January 2019. However, the start and end dates may change.
The Finance, Planning and Analysis team is seeking an energetic, collaborative Finance Associate to provide business and financial analysis support to Program Strategy Teams (PSTs). Key responsibilities include partnering with the program team in grantee financial assessment and grant investment structuring, including complex transactions. Other key responsibilities include supporting the Program CFO and Finance Managers in annual budget and financial planning, resource allocation and ad hoc projects.
Critical skills for success include solution-orientation and an action-oriented attitude. Experience using financial/data analysis and modeling skills in an advisory role are necessary in building strong relationships with key partners, including the education leadership team.
The Finance Associate must be effective at influencing with exceptional partnership and communication skills. Most importantly, s/he must be passionate about the foundation's mission, particularly in addressing the educational inequities that exist today.
Strategy and Financial Planning (15%) * Support budgeting and financial planning. * Produce detailed, dynamic 5-year investment forecasts, including risk assessment and scenario modeling.
Pipeline Management (15%) * Monitor actuals and forecasts against budget, with risk assessment, and produce variance analysis. * Build tools and reports to plan and monitor workflow, as input to and check on forecasting.
Investment Analysis (60%) * Ensure grantee financial performance, e.g., perform new grant and annual progress report budget reviews, conduct financial diligence, review grant proposal summaries, evaluate budget forecasts, and assess the financial health of organizations to ensure potential funding meets the Foundation's grant-seeker requirements, strategic goals, and programmatic missions. * Provide analytical support on complex analysis with a financial component and for complex financial transactions, including PRIs. * Support the analysis of the financial health of organizations through market research, financial statement review and discussions with key finance members of the organization under review.
Cross-Foundational / Project based (10%) * Participate in PST-related and cross-foundation projects to develop tools and best practices in support of effective investment-making, pipeline management and operational excellence. * Respond to internal and external portfolio data requests and analysis.
This role is responsible for high quality interactions and clear and consistent communications with grantees and partners in the field.
Core Knowledge and Skills * Broad knowledge of finance (corporate, global markets) * Project management * Knowledge of program issues and international development industry * Knowledge of developing country economics and dynamics * Strong analytics (especially financial modeling, investment/deal structuring) * Financial and strategic planning; analytical, numerical and financial modeling skills * Ability to build and manage relationships within and outside the organization * Business plan development and evaluation * Project management skills (basic) * Ability to translate data into user friendly tools/resources * Ability to communicate complex financial issues in non-financial terms * Intellectual curiosity * Ability to absorb / quickly distill significant amounts of information * Ability to influence without formal authority * Negotiation skills * Solution and action orientation * Advanced excel (pivot tables, VB Scripts, SQL) * Ability to read and analyze financial statements * Ability to manage multiple projects and activities
Education and Experience * Bachelor's degree with 3-7 years of experience; MBA preferred
The employee transfer policy applies to internal backfill positions. An employee may apply for an open position after at least 12 months in their current position. If you meet this requirement and wish to pursue a backfill opportunity, you are required to have a conversation with your manager to confirm their support before you apply. In rare cases, the requirement of a minimum of 12 months in a position may be waived if a transfer is critical to the foundation's goals and is approved by the current manager and their HR Consultant (HR Business Partner or Generalist).
All backfill positions are posted as LTE roles. With current manager support, if selected for the role, FTEs will retain their FTE status during the backfill assignment. Managers will have the option of backfilling for the individual moving to the interim position for a similar duration via the same hiring channels and options as this position. However, current managers may be unwilling or unable to hold headcount for the duration of an interim assignment and may deny the employee's request. In such cases, the employee may apply for the open LTE position, but if selected, would effectively be resigning as an FTE and would be hired as an LTE for the duration of the interim assignment. As an LTE, employment with the foundation is expected to end at the end of the assignment, and the employee would not be eligible for severance.
As part of our standard hiring process for new employees, employment with the Bill and Melinda Gates Foundation will be contingent upon successful completion of a background check.
The Bill & Melinda Gates Foundation is dedicated to the belief that all lives have equal value. We're committed to creating a workplace where employees thrive both personally and professionally. We also believe our employees should reflect the rich diversity of the global populations we aim to serve-in race, gender, age, cultures and beliefs-and we support this diversity through all of our employment practices.
All applicants and employees who are drawn to serve the mission of the Bill & Melinda Gates Foundation will enjoy equality of opportunity and fair treatment without regard to: * Race * Color * Age * Religion * Pregnancy * Sex * Sexual Orientation * Disability * Gender Identity * Gender Expression * National Origin * Genetic Information * Veteran Status * Marital Status * Prior Protected Activity