Financial Analyst VillageReach

Description

ABOUT VILLAGEREACH
VillageReach transforms health care delivery to reach everyone, so that each person has the health care needed to thrive. We develop solutions that improve equity and access to primary health care. This includes making sure products are available when and where they are needed and primary health care services are delivered to the most under-reached. Radical collaboration with governments, the private sector and other partners strengthen our ability to scale and sustain these solutions. Our work increases access to quality health care for more than 70 million people in Africa. VillageReach in incorporated in Washington State and has offices in Seattle (USA), Democratic Republic of Congo, Malawi, and Mozambique.

Summary
VillageReach is seeking a Financial Analyst serving as a process management position that supports financial planning and analysis functions for VillageReach, reporting to the CFO. The position partners and supports geographic and team leaders to achieve positive program results by helping grow viable and sustainable programs. The Financial Analyst is responsible for conducting planning and forecasting, conducting in depth analyses of all revenue and cost sources, and analyzing and reporting on the causes of variances to plan or forecasts. The Financial Analyst assists in deploying management cost accounting techniques and supports the management of indirect costs within Federal guidelines. This position will be located in Sub-Saharan Africa with preference to countries where VillageReach currently has staff: Malawi, Mozambique, Democratic Republic of Congo, South Africa, Kenya, Cote d’Ivoire, Nigeria, Tanzania, Uganda, or Zambia.

Description
Essential Duties and Responsibilities include the following. Other duties, responsibilities, and activities may change or be assigned at any time.

Financial & Budget Analysis

Support Finance and Grants & Contract teams with planning and execution of annual budget and forecast cycles to ensure timely, meaningful financial data is up to date, allowing management to make data driven decisions
Organizing budget data in a clear and intuitive manner
Deliver analysis of monthly financial results including the interpretation of current month performance information as a predictive tool for the attainment of full year performance expectations
Perform detailed variance analysis to explain budget vs. actual discrepancies.
Provide recommendations for corrective actions based on variance analysis
Develop, design, upgrade and maintain processes and systems for forecasting and reporting
Analyze spending patterns to determine rationale in setting budget allocations
Assist in ad hoc analysis and special projects as requested by management and business partners
Implement standard key metrics and performance measures for cost reimbursement programs and others as assigned, in particular operating company goals and metrics that focus on key business drivers (financial and non-financial) to support long term performance and strategic objectives;
Support the preparation of executive, board and investor presentations
Prepare financial modeling for new opportunities, new business development, cost-saving projects, capital expenditure evaluation, competitive analyses, and business line, customer, line-of-service, and program profitability
Collaboration in the development and analysis of underlying strategy cost assumptions
Identify financial or operating risks associated with a business plan
Development of thorough and clear presentation materials

System Management & Process Improvement

Maintains budget system and PowerBI reports as needed.
Provide support for developing and managing data across systems to ease end user reporting which includes grants & contracts database, budgeting system, HRIS, accounting software and data warehouse.
Assists with systems improvements, upgrades, or conversions as needed.
Assists in development and maintenance of SOPs documenting routine operations and makes recommendations for improvements and efficiencies to existing processes.
Automate data feeds into calculations to decrease manual work and reduce errors.
Needs to be able to articulate financial information in a manner that can be clearly understood by non-finance award managers.
Collaboration

Work closely with the global and country offices finance teams to streamline financial processes and ensure consistency in reporting.
Collaborate with program managers and award managers to align financial goals with organizational objectives and providing insights into specific financial questions or challenges.
Collaborate with the business systems and information technology teams to align all business systems and software to financial process.
Competencies:
The following competencies reflect what is expected of all VillageReach employees; including examples of how one might demonstrate each of these competencies in one’s role.

Personal Motivation and Drive: Is self-directed in one’s approach to work, but asks for help when needed; holds oneself accountable; undertakes self-development activities; seeks to build and master new skills; looks for and takes advantage of opportunities within the organization
Collaboration & Effective Communication: Establishes and maintains effective relations with coworkers, partners & stakeholders and external parties; works collaboratively with others to accomplish organizational and team goals and objectives; works actively to resolve conflicts; expresses ideas and thoughts effectively; selects and uses appropriate communication methods and maintains meaningful communication with virtual coworkers and other parties to keep them informed
Commitment to Diversity & Inclusion: Takes personal responsibility for and supports others across the organization in creating and sustaining a diverse work environment where individuals are welcomed, valued, respected and supported; personally committed to attaining cultural competency including self-awareness of one’s own attitudes about culture and cross-cultural interactions; exhibits the willingness and ability to engage openly and respectfully around issues of race, colonialism, identity and culture; upholds equity in access to sharing of information, ideas, and opportunities throughout VillageReach
Commitment to Excellence: Produces a high output of work, both in terms of quality and quantity; looks for ways to improve and promote quality; monitors work to ensure quality; has a personal commitment to the mission of VillageReach
Solution Orientation & Innovation: Focuses on results and desired outcomes and how to best achieve them; gets the job done; sees opportunities for creative problem-solving while staying within the parameters of good practice; sees old problems in new ways and has novel approaches to solving those problems; contributes original and/or resourceful ideas to their area of responsibility; is able to consider and articulate risks and consequences of proposed innovations and factor these into decision-making

Requirements

REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Supervisory Responsibilities:
No supervisory responsibilities.

Education & Experience:
A degree in Finance, Accounting, Economics or related field. (CA, CFA CPA) a plus.
4-6 years of experience in financial and strategic planning functions.
Technical expert in U.S. GAAP for nonprofits is a plus
Proven experience as a Financial Analyst, preferably in a decentralized or global organization
Familiarity with not-for-profit accounting principles.
Systems Implementation experience preferred.
Other Qualifications:
Experience in long range planning, budgeting, forecasting, financial statement analysis and accounting, financial planning and analysis is required.
Government grant and contract revenue and cost modeling
Strong analytical skills and attention to detail, able to analyze raw data, draw conclusions and develop actionable and strategic recommendations.
Technically savvy individual who understands systems and can communicate financial processes and requirements in easily understood language
Strong technical and financial knowledge, including experience creating complex financial models and efficiently communicating results to inform sound strategic and tactical decisions.
Ability to comprehend both the big picture, pay attention to details, and work with minimal direction in a fast- paced environment.
Experience developing, evaluating, managing, and monitoring business plans.
Excellent organizational skills and the ability to manage and complete multiple projects simultaneously.
Excellent written and oral communication skills, including the ability to extract appropriate data to convey financial results through the use of supporting tables, graphs, and other visual representations.
Strong interpersonal, customer service, and team-oriented skills are a must.
Demonstrated interest in, knowledge of, and experience with a broad range of functional areas including information technology and software development.
Experience using PowerBI to create visualizations and analysis preferred.
Excellent software skills with Microsoft Office applications. Ability to quickly learn new software modules.
Demonstrated cultural competency in partnering with racial, cultural and linguistically diverse groups.
Demonstrated understanding of challenges with working in rural, underserved and low-income context; experience living in and/or working in a low-income country a plus.
Ability to travel to country offices in Sub-Saharan Africa on an annual or semi-annual basis.
Comply with VillageReach policies, including COVID-19 vaccine policy.
Available for early evening meetings with Africa colleagues in US.
Environment and Physical Demands
VillageReach has no private offices, employees work in a shared, open environment with task and conference rooms accessible to employees for privacy and meetings. The noise level in the work environment is usually quiet. Due to the time zone differences between our USA office and our Country Offices and location of other global staff, we have established core collaboration hours between 6am Pacific Time and 18:00 South Africa Time (GMT+1) Monday through Thursday. All staff, regardless of location are expected to be available between these hours. During Daylight Savings Time, this allows for 12 hours per week (3 hours/day) of collaboration time and during Standard Time, 8 hours (2 hours/day). We do not hold cross-office meetings on Friday.

This position requires prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times.

COMMITMENT TO DIVERSITY & INCLUSION:
VillageReach is an Equal Employment Opportunity Employer committed to workforce diversity. We believe that diverse, equitably weighted perspectives foster an organizational capacity to create novel solutions that improve health in the most underserved and hard-to-reach areas. To align our values, innovations and impact, VillageReach is committed to recruiting and retaining a diverse global workforce.

APPLICATION INFORMATION:
This is an immediate hire and therefore resumes will be reviewed on a rolling basis until filled. This position can be located in any of VillageReach current locations in Sub-Saharan Africa. To apply, please submit your resume and a cover letter to our online portal: www.villagereach.org/join-us/

Hiring Process:
The hiring process will include the following steps:

Review submitted applications
Conduct 20-30 minute screening interviews for shortlisted candidates
Conduct skills and value-based interviews for 3-5 candidates.
Request that top candidates submit a practical assessment (designed to take no more than two hours to complete). Sometimes the assignment will occur before the interview.
Conduct final interview if necessary
Request references
Make offer
Conduct background check
Only shortlisted candidates will be contacted, but candidates who proceed to step 2 will be notified if they are not chosen for step 3.

Safeguarding:
VillageReach is committed to promoting the welfare of children, young people, adults, and beneficiaries with whom it engages. We expect everyone working with us to share this commitment through our code of conduct.All offers of employment will be subject to satisfactory references and appropriate screening checks, which may include criminal records. VillageReach participates in the Misconduct Disclosure Scheme and, in line with this Scheme, we will request information from job applicants’ previous employers about any findings of sexual exploitation, sexual abuse, and/or sexual harassment during employment, or incidents under investigation when the applicant left employment. By applying, the job applicant confirms his/her understanding of these recruitment procedures.

Benefits
Compensation:
VillageReach has an established compensation structure that is based on the relevant market and internally transparent. This position is a Contribution Level 9 in our compensation structure. The salary range for this position varies based on the location of the individual and the local labour market. We hire people into the established range based on one’s experience and education and considering internal equity. We do not inquire about salary history.