Program Finance Specialist
1 day ago
The Institute of International Education (IIE) is seeking a highly skilled Program Finance Specialist to join our team. As a key member of the Program Financial Management team, you will play a critical role in providing financial insight and data-driven recommendations to program management teams.
Key Responsibilities:- Develop and maintain financial reports to monitor program expenses against budget line items for a complex program.
- Lead monthly presentations to the program management team to review and discuss major program spending variances, budget projections, and potential financial risks.
- Partner with program managers, the Grants & Contracts team, and senior financial leadership to recommend risk mitigation strategies and to resolve compliance issues.
- Collaborate with program managers during the semi-annual process to prepare and update the organization's operating budget by reviewing expense and revenue projections and determining whether projections are consistent with anticipated results.
- Work with program leaders to review variances to the operating budget in preparation for quarterly review meetings with the CFO and Deputy CFO.
- Prepare and review financial deliverables for submission to USAID.
- Review revenue and cash application each month and work with the Revenue Management and Accounts Receivable teams to resolve issues.
- Review budgets from grant recipients under Spark.
- Facilitate the setup of new contracts and charge codes in accordance with the contract's terms in the PeopleSoft contract management system.
- Support the annual audit process as it relates to assigned contracts.
- Provide financial support to other programs as needed.
- Requires a Bachelor's degree in order to apply in-depth knowledge of the theories and principles of a specialized work function, field or discipline.
- Requires at least five years of related work experience.
- Proven track record in a financial analysis role with a demonstrated ability to analyze financial reports and proactively identify financial and compliance risks.
- Experience working on USAID-funded programs.
- Proficiency in Microsoft 365, specifically with advanced Excel skills.
- Strong analytical and critical thinking skills with a curious and independent approach to problem solving.
- Excellent written and verbal communications skills, including the ability to effectively convey financial information to non-financial program team members.
- Ability to create and sustain effective working relationships with colleagues across the organization in a hybrid working environment.
- Ability to exercise discretion on confidential matters.
- Highly organized, detail oriented, ability to take initiative, work independently, and meet deadlines.
- Preferred experience in grants management with USG, private foundations, corporations, and/or foreign governments.
- Familiarity with 2 CFR 200 a plus.
IIE offers a robust suite of benefits to team members, including medical, dental, and vision plans, paid time off and holidays, student loan and tuition reimbursement programs, professional development reimbursement program, retirement plans, and a family medical leave benefits. Please visit our careers page for further details.
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