Senior Manager, Financial Planning & Analysis

at  The Bill Melinda Gates Foundation

The Foundation
We are the largest nonprofit fighting poverty, disease, and inequity around the world. Founded on a simple premise: people everywhere, regardless of identity or circumstances, should have the chance to live healthy, productive lives. We believe our employees should reflect the rich diversity of the global populations we aim to serve. We provide an exceptional benefits package to employees and their families which include comprehensive medical, dental, and vision coverage with no premiums, generous paid time off, paid family leave, foundation-paid retirement contribution, regional holidays, and opportunities to engage in several employee communities. As a workplace, we’re committed to creating an environment for you to thrive both personally and professionally.
The Team

The FP&A team is responsible for optimizing portfolios to achieve foundation goals, engaging with partners and grantees, and identifying and analyzing grants to maximize foundation impact.

• Portfolio Management: Optimize finite resources across portfolios to

  achieve foundation goals using a fluid capital market approach to fund

  priorities.

• Partners and Grantees: Engage in coordinated strategic and business

  analysis across funders and institutions with shared strategic objectives

  and strengthen partners to improve their capacity to execute.

• Grants: Assess value for money, identify and mitigate risk, and provide

  financial analysis to maximize grant impact.
  Role Summary
  The Senior Finance Manager role is responsible for providing strategic financial and business support to their assigned program strategy teams (PSTs) and leadership. This role partners with the program team on grantee financial assessment and grant structuring, including financial due diligence and organizational capacity building and building and leading key relationships. Senior Finance Managers are expected to work independently with the ability to identify risks across the portfolio and advise Deputy Directors, Directors, and key partners on complex grants and other financial matters. Senior Finance Managers will also provide budgeting and financial planning and resource allocation to one or more of the program business teams, as well as support of priority projects.

Core FP&A Responsibilities

• Independently lead complex annual budgeting and financial planning processes, including partnering with Program Officers and the Strategy, Planning and Management teams to translate business strategy into mid and long-range forecasts to produce detailed, dynamic 4-year budgets, as well as risk assessments and scenario modeling.
• Independently lead analysis and provide program leadership with strategic and financial information to support budget management and forecasting, and effective financial resource allocation and decision-making through the foundation’s financial and strategic processes.
• Independently create dynamic financial plans, dashboards, and grants to streamline organizational capacity and discuss with finance leadership.
• Provide business advice to program teams on a set of diverse and complex grants, driven by factors such as grant structure, organizational effectiveness of the partners, and more.
• Serve as financial lead to PSTs and support divisional needs and projects.
• Lead organizational assessments/due diligence of key grantees/partners, and partner with Program Officers to develop appropriate mitigating strategies to lead financial and organizational risks of partners and grants.
• Partner with programmatic teams to run grant and contract spending.
• Work closely with PST leadership to recommend financial strategies and translate strategy into long-term grant plans during strategy development efforts.
• Advise Program Officers in negotiating and structuring complex grants and sizing and sequencing partner payments.
• Drive, cultivate, and lead key functional relationships and partnerships with internal partners.
• Identify and effectively communicate financial trends and themes within division and supported teams.
• Assess and advise program teams on business plans and perform financial sustainability analysis of organizations and specific projects. Recommend risk mitigation actions including grants to strengthen the organizational capacity of partners.
• Drive analysis and processes to identify financial risks to support grant making and management, including proactive monitoring of actuals and forecasts against budget.
• Independently lead forecast and portfolio allocation management for assigned PSTs, including the monitoring of actuals and forecasts to budget, with risk assessment and produce variance analysis.
• Develop executive level financial deliverables and solutioning for PSTs and divisions.
• Independently lead data analyses to generate new insights on complex grant portfolios, leading to improved allocation of resources. Structure grants to optimize cash disbursements in consideration of operational risks.
• Leverage tools and reports to plan and monitor workflow, forecast and payout performance.
• Cultivate business trends across FP&A for divisional teams.
• Participate and/or lead in complex transactions and special projects for PSTs with significant financial analysis components.
• Lead complex transactions and special projects for teams with significant financial analysis component.
• Potential mentorship of Finance Associates or Finance Managers (with business need), by leading training, prioritizing collective success and cultivating team development.

Qualifications

You are a creative, thoughtful, and curious professional who has a track record of achievement in roles of increasing responsibility. You should be prepared to work across a diverse set of subject areas, bridging a wide range of expertise, with a confirmed ability to work with agility, and tact in a dynamic environment. Additionally, we seek:

• Bachelor’s degree with 10 years of strategic financial analysis and/or planning and leadership experience, or equivalent years of relevant experience.
• Proven financial acumen and experience in financial analysis, business case development, budgeting, and forecasting.
• Identify operational and financial risks of executing against annual budgets and broader planning horizons and propose mitigating strategies to program leadership.
• Shown technical and complex financial knowledge, including understanding financial documents, financial modeling and complex grant and deal structuring.
• Excellent written and oral communication skills; including ability to craft compelling presentations and communicate sophisticated financial concepts to broad and diverse audiences.
• Ability to work on multiple projects – or support multiple teams – simultaneously.
• Highest level of integrity and leadership by example, helping to set the tone for the organization and demonstrate an affinity for creating and enabling an inclusive culture.
• Strategic problem solver with consistent track record applying quantitative and qualitative data to present options for decision making, highlight tradeoffs and propose recommendations for a broad variety of business models and transaction types.
• Must be a hands-on, team-oriented individual with highly developed interpersonal skills, adept as an influencer and negotiator.
• Proven ability to work with C-level executives.
• Strong collaborative skills and confirmed ability to navigate and develop positive, constructive working relationships across a matrix organization and/or shared services business model.
• Project management skills and solutions orientation with confirmed ability to proactively identify needs and deliver results.
• Advanced Excel skills and data visualization experience preferred.
• International finance experience/exposure preferred.
• Demonstrates intellectual curiosity.
• Must be able to legally work in the country where this position is located without visa sponsorship.

The salary range for this role is $151,200.00 - 226,800.00 USD. We recognize high-wage market differences where our offices are located, in Seattle, Washington D.C., and Boston (Cambridge). The range for this role in these locations is $164,700.00 - 247,100.00 USD. As a mission-driven organization, we strive to balance competitive pay with our mission and new hires are typically brought into the organization at a salary range between the minimum and the midpoint salary range. Actual placement in the range will depend on a candidate’s job-related skills, experience, and expertise, as evaluated during the interview process.
Hiring Requirements
As part of our standard hiring process for new employees, employment will be contingent upon successful completion of a background check.
Candidate Accommodations
If you require assistance due to a disability in the application or recruitment process
Inclusion Statement
We are dedicated to the belief that all lives have equal value. We strive for a global and cultural workplace that supports ever greater diversity, equity, and inclusion — of voices, ideas, and approaches — and we support this diversity through all our employment practices.
All applicants and employees who are drawn to serve our mission 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, and prior protected activity

The FP&A team is responsible for optimizing portfolios to achieve foundation goals, engaging with partners and grantees, and identifying and analyzing grants to maximize foundation impact.

• Portfolio Management: Optimize finite resources across portfolios t

Core FP&A Responsibilities

• Independently lead complex annual budgeting and financial planning processes, including partnering with Program Officers and the Strategy, Planning and Management teams to translate business strategy into mid and long-range forecasts to produce detailed, dynamic 4-year budgets, as well as risk assessments and scenario modeling.
• Independently lead analysis and provide program leadership with strategic and financial information to support budget management and forecasting, and effective financial resource allocation and decision-making through the foundation’s financial and strategic processes.
• Independently create dynamic financial plans, dashboards, and grants to streamline organizational capacity and discuss with finance leadership.
• Provide business advice to program teams on a set of diverse and complex grants, driven by factors such as grant structure, organizational effectiveness of the partners, and more.
• Serve as financial lead to PSTs and support divisional needs and projects.
• Lead organizational assessments/due diligence of key grantees/partners, and partner with Program Officers to develop appropriate mitigating strategies to lead financial and organizational risks of partners and grants.
• Partner with programmatic teams to run grant and contract spending.
• Work closely with PST leadership to recommend financial strategies and translate strategy into long-term grant plans during strategy development efforts.
• Advise Program Officers in negotiating and structuring complex grants and sizing and sequencing partner payments.
• Drive, cultivate, and lead key functional relationships and partnerships with internal partners.
• Identify and effectively communicate financial trends and themes within division and supported teams.
• Assess and advise program teams on business plans and perform financial sustainability analysis of organizations and specific projects. Recommend risk mitigation actions including grants to strengthen the organizational capacity of partners.
• Drive analysis and processes to identify financial risks to support grant making and management, including proactive monitoring of actuals and forecasts against budget.
• Independently lead forecast and portfolio allocation management for assigned PSTs, including the monitoring of actuals and forecasts to budget, with risk assessment and produce variance analysis.
• Develop executive level financial deliverables and solutioning for PSTs and divisions.
• Independently lead data analyses to generate new insights on complex grant portfolios, leading to improved allocation of resources. Structure grants to optimize cash disbursements in consideration of operational risks.
• Leverage tools and reports to plan and monitor workflow, forecast and payout performance.
• Cultivate business trends across FP&A for divisional teams.
• Participate and/or lead in complex transactions and special projects for PSTs with significant financial analysis components.
• Lead complex transactions and special projects for teams with significant financial analysis component.
• Potential mentorship of Finance Associates or Finance Managers (with business need), by leading training, prioritizing collective success and cultivating team development

You are a creative, thoughtful, and curious professional who has a track record of achievement in roles of increasing responsibility. You should be prepared to work across a diverse set of subject areas, bridging a wide range of expertise, with a confirmed ability to work with agility, and tact in a dynamic environment. Additionally, we seek:

• Bachelor’s degree with 10 years of strategic financial analysis and/or planning and leadership experience, or equivalent years of relevant experience.
• Proven financial acumen and experience in financial analysis, business case development, budgeting, and forecasting.
• Identify operational and financial risks of executing against annual budgets and broader planning horizons and propose mitigating strategies to program leadership.
• Shown technical and complex financial knowledge, including understanding financial documents, financial modeling and complex grant and deal structuring.
• Excellent written and oral communication skills; including ability to craft compelling presentations and communicate sophisticated financial concepts to broad and diverse audiences.
• Ability to work on multiple projects – or support multiple teams – simultaneously.
• Highest level of integrity and leadership by example, helping to set the tone for the organization and demonstrate an affinity for creating and enabling an inclusive culture.
• Strategic problem solver with consistent track record applying quantitative and qualitative data to present options for decision making, highlight tradeoffs and propose recommendations for a broad variety of business models and transaction types.
• Must be a hands-on, team-oriented individual with highly developed interpersonal skills, adept as an influencer and negotiator.
• Proven ability to work with C-level executives.
• Strong collaborative skills and confirmed ability to navigate and develop positive, constructive working relationships across a matrix organization and/or shared services business model.
• Project management skills and solutions orientation with confirmed ability to proactively identify needs and deliver results.
• Advanced Excel skills and data visualization experience preferred.
• International finance experience/exposure preferred.
• Demonstrates intellectual curiosity.
• Must be able to legally work in the country where this position is located without visa sponsorship