The Director of International Finance (DIF) is responsible for the overall financial management and compliance support of LWR and IMA's international operations activities. The DIF provides support to the Senior Director of International Finance (SDIF) to manage the international accounting operations, international treasury services, management, and donor reporting, budget processes, financial analysis and forecasting, direct support for the New Business Development unit, and the development and oversight of compliance and financial management systems, procedures, and internal controls required for international operations. The position also ensures compliance with Generally Accepted Accounting Principles (GAAP), applicable regulatory requirements, specific donor requirements, and internal policies and procedures.
LWR and IMA donors include USAID, USDA, UNFPA, DFID, World Bank, Global Fund, Margaret A. Cargill Foundation, as well as others. This position requires a strong working knowledge of government and large public and private donor requirements as well as GAAP, IFRS, 2 CFR 200, FAR, DFID regulations, and other government and funder-imposed regulations. The DIF directly supervises a team of Finance Analyst/Associates supporting the health portfolio (DC)teams. The -DIF will work directly with the SDIF to build the financial management and reporting systems and capacity of the organization. Will assists the SDIF in the development of policies and procedures, systems implementation and integration, HQ and field staff training and development, cost proposal budgeting, donor invoice review, cash flow management, partner budget management, forecasting, internal control, oversight of compliance and financial management system. As a key leader within the organization the DIF support SDIF and leadership team for innovative solutions for the joint organization's emerging financial management needs.
Financial Planning and Budget Management
Support/Lead the LWR-IMA IF staff in the Health (DC) portfolio teams in producing timely and accurate financial reports in accordance with restricted donor agreements (e.g., USG, DFID, Foundations, and other restricted funded activity). Ensure those reports comply with all restricted award regulations and provisions including the level of detailed reporting, matching requirements, and other specific provisions.
Support SDIF and CFO in the annual budgeting and financial planning process (including a mid-year forecast), in collaboration with Department leads, country program managers, business development units, and other staff.
Support a team of HQ LWR-IMA IF staff in the Health (DC) portfolio teams in providing oversight and support to the field finance staff to assist country programs and ensure an accurate and timely month-end close, financial performance reporting, invoicing and funder reporting.
Build a culture of performance that is responsive to policies, procedures and internal controls and results in timely and accurate program reporting that includes a comprehensive and relevant analysis that supports program management decision making.
Support and coordinate with field finance and program management staff to monitor project spending and provide financial reporting and analysis that ensures timely program service delivery and implementation.
Plan and execute regular visits to field offices to provide hands-on oversight and support in meeting internal and external financial and programmatic goals.
Support in designing training curriculum and programs that target the strengthening of financial management knowledge and capacity of HQ and field staff and partners.
Work directly with program management and business development units to produce and manage project budgets per funder specifications, program design that ensures the management and infrastructure required to implement.
Provide support to coordinate, analyze and monitor program budgets; obligations and expenditures against budgets.
Develop and utilize forward-looking, predictive models, and activity-based financial analyses to provide insights into the organization's operations.
Review financial pipeline reports and other monthly financial reports for internal analysis and tracking purposes.
Provide recommendations as necessary on all financial and compliance management sections of the new joint organization's Manual.
Provide technical assistance, as needed, to local partners on financial compliance and reporting.
Review annual and quarterly financial and accrual reports to USAID.
Contributes to the development of high-quality work plans, quarterly and annual reports, financial reports, and any other reports required by USAID.
Train and mentor staff to provide guidance as needed for technical financial and accounting issues, monthly and year-end close process, organizational and project budget management.
Establish department as an integral partner to program and business development units on new and continuation proposal budgets.
Ad hoc reporting and other deliverables as requested.
Contracts and Grants Management
Ensure compliance of financial and operations systems with LWR-IMA policies and procedures and USAID, DFID, GF, EU, OFDA, and other non-US government rules and regulations and award requirements.
Regularly review country compliance and donor and legal requirements and support process design and implementation to meet demands.
Provide expert guidance on the allocability and allowability of costs.
Execute budget reviews and revisions timely and accurately to support program implementation.
Support headquarters support of new project start-up and close-out.
Partner with Internal Audit Department and field finance staff to monitor sub-recipients and ensure potential working partners' financial management capacity is accurately evaluated and necessary ongoing management and oversight is executed in accordance with the sub-recipient financial monitoring policy and guidance.
New Business Development (Proposals)
Lead or Coordinate LWR-IMA proposal budget development with the IF team, country and HQ technical staff, Business Development team, and country office Finance team.
Work directly with program management and business development units to design project budgets per funder specifications, ensuring they contain the management and infrastructure required to implement the project.
Maintain the IF team as an integral partner to program and business development units on proposal budgets.
Actively support and review budgets for restricted award proposals for SDIF approval.
Ensure that cost recovery guideline are followed, applied, and maintained in the proposal budget.
Coordinate necessary financial capacity assessments of potential sub-recipients in relation to new business proposals. Monitor sub-recipient's financial activities following award approval.
Strong working knowledge of the donor budget templates and reporting requirements for the cost proposal (mainly e.g. DFID, USAID, OFDA, World Bank, Global Fund, etc.).
Finance Staff Management
Provide assistance in the recruitment, orientation, coaching, training, performance appraisal and professional development of field finance staff.
Provide interim coverage for field-level finance managers during transitions, project start-up and close-out if required.
Foster a culture of professional training, cross-training and shared best practices across field offices and headquarters.
Train and mentor staff to provide guidance as needed on technical financial and accounting issues, monthly and year-end close process, funder reporting, and organizational and project budget management.
Supervise LWR-IMA IF staff in the health (DC) portfolio teams, including routine quality assurance checks for all financial analysis and reports.
Audit Follow-up and Risk Management
Support LWR-IMA IF staff in the Health (DC) portfolio teams with internal and external auditors in the review of project financial management.
Partner with field finance staff on audit preparation and coordinate headquarters support to provide supporting documentation and responses timely.
Support Director of Finance in the timely design and implementation of corrective action plans to internal and external audits.
Incorporate audit findings and resolutions into regular field staff training.
Support the SDIF in the coordination of annual risk and internal control assessment for enterprise risk management framework and reporting.
Support the design, implementation, and maintenance of effective internal control systems for overseas country offices and assist partner organizations in similar efforts. Support the SDIF in monitoring systems and controls and ensure consistent application in overseas offices. Anticipate and plan for the impact of country office staffing changes on internal control structures.
Support the SDIF in the review of all financial policies in the new joint organization's Manual.
Review in coordination with LWR-IMA IF staff in the Health (DC) portfolio team's financial activity reported by country offices (Month End closing journals) for accuracy and completeness prior to import into the HQ system.
Provide recommendations on new strategic financial and operational systems, tools, policies, and processes.
IMA INNOVATIONS Support
Support SDIF to ensure that activities are properly tracked in the accounting system and consolidated in LWR-IMA's financial statements.
Review the financial performance of the IMA program and support SDIF to lead analysis for the budget variance.
Support SDIF to monitor the availability of restricted and unrestricted funds available for impact investing.
Support SDIF for the development of various management policies to ensure best practices, proper controls, and relevance from a finance perspective.
Check compliance with existing policies and principles.
Other finance or accounting tasks or activities.
B.S. degree in Business Administration, Accounting, or Finance, CPA or MBA preferred.
Demonstrated excellence in finance, accounting, budgeting, control, and reporting.
MIP experience or related accounting software.
Experience with financial and accounting systems; highly skilled in MS Excel.
Knowledge of U.S. Government regulations and project management experience.
Experience working with various non-USG public donors (e.g., EU, DFID).
Advanced knowledge of accounting principles for international nonprofits.
Strong analytical, problem solving, and presentation skills.
Proficiency with Microsoft Office, general ledger (MIP preferred), budgeting and financial reporting packages.
At least two to four years of supervisory experience.
Seven to ten years' experience in managing accounting, budget, and financial reporting operations within non-profit organizations or similar setting Expert knowledge and experience with large donor regulations including USAID, Global Fund, DFID, UNFPA, Foundations, and EU.
Willingness and availability to travel up to 35%, possibly to remote regions which may include adverse conditions and/or disaster zones to support field finance teams located in global locations; and ability to withstand extremes of temperature and altitude.
Highly skilled in using MS Excel and demonstrated the ability to accurately work with large amounts of financial and accounting data in Excel.
Excellent planning and organizational skills.
Proficient in the financial management systems supporting international operations, compliance programs, internal controls, and finance policies and procedures development.
Exceptional analytical and innovative problem-solving skills with the ability to handle multiple tasks under tight deadlines and competing priorities.
Effective presentation skills including the ability to successfully present to non-finance staff.
Strong interpersonal and verbal and written communication skills that demonstrate a proven record of being an effective part of a team-oriented staff.
Ability to work effectively and independently and to exercise sound judgment and discretion.
Leadership skills as a change facilitator and exceptional client-service orientation.
Fluency in English with excellent verbal and written communication skills.