Compensation: $160,550.00 - $160,550.00 /year *
Employment Type: Full-Time
Industry: Financial Services - Banking/Investment/Finance
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At the heart of Pact is the promise of a better tomorrow. A nonprofit international development organization founded in 1971, Pact works on the ground in nearly 40 countries to improve the lives of those who are challenged by poverty and marginalization. We serve these communities because we envision a world where everyone owns their future. To do this, we build systemic solutions in partnership with local organizations, businesses, and governments that create sustainable and resilient communities where those we serve are heard, capable, and vibrant.
Pact is a recognized global leader in international development. Our staff have a range of expertise in areas including public health, capacity development, governance and civil society, natural resource management, poverty, fragile states, monitoring and evaluation, small-scale and artisanal mining, microfinance, and more. This expertise is combined in Pacts unique integrated approach, which focuses on systemic changes needed to improve peoples lives. Department Overview
Pact exists to help create a world where those who are poor and marginalized exercise their voice, build their own solutions, and take ownership of their future. The Pact Institute team contributes to realizing this purpose by diversifying revenue streams, generating unrestricted resources, and building recognition for Pacts work. Pact Institute is a wholly owned subsidiary of Pact, with fiscal year 2017 revenue at $22 million, generated from various corporate, foundation, and multilateral partners. Pact Institute amplifies Pact impact through corporate engagement, thought leadership, incubation of a new signature program, and continued programmatic and financial oversight and quality assurance. Position Purpose
The Finance Director is a strategic and thought leadership partner who works closely with the Pact Institute Executive Director and the Pact Institute team (Senior Director for Corporate Engagement, Business Development Manager, Senior Director Renewable Energy) to accelerate growth (funding, impact, influence). Working in a matrixed structure to ensure financial oversight and quality assurance to the portfolio of Pact Institute projects, the Finance Director is also a member of Pacts Chief Financial Officers finance team. The Finance Director is dedicated to ensuring efficiency and accuracy in routine financial management and reporting across the Pact Institute portfolio. Key Responsibilities
Portfolio Financial Management and Reporting: Analyze and present accurate financial reports to Pact Institute and Pact, Inc. senior leadership and board members in a timely manner Clearly communicate monthly and annual statements Collate financial reporting materials for all donor segments Assess financial risk and provide variance analyses for Pact Institute projects Represent Pact Institute in periodic organization-wide business reviews Identify Pact Institutes requirements in managing organizational cash flow and forecasting Serve as a point of contact with finance, pricing, contracts, accounting, and compliance teams on financial, contractual, and compliance matters related to the Pact Institute portfolio Work with the grants/contract team to implement a robust grants/contracts management and financial management/reporting system, contract billing, and collection schedule Work with relevant teams to ensure that all Pact Institute project and opportunity financial data is accurately recorded in all relevant internal systems
Revenue Diversification, Business Modeling, and Pricing: Provide input and final decisions on Pact Institute cost proposals, in consultation with the business operations team and the Chief Financial Officer Work with finance, program, pricing, new ventures, new business development, and in-country teams to mainstream diversification of funding approaches, tools, and templates, including the creation and articulation of different revenue models and cost structures Support elaboration of Pacts Renewable Energy and Mines to Markets Signature Programs, and other initiatives through creative and strategic contributions to new and existing partnerships
Corporate Budgeting, Planning, and Audits: Provide leadership on the financial aspects of Pact Institute and cross-organizational strategies and business plans Coordinate and lead the annual audit process for Pact Institute, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary Oversee and lead annual overhead budgeting and planning process in conjunction with the Executive Director
Risk Management and Compliance: Investigate and resolve financial issues for projects within the Pact Institute portfolio Collaborate with the grants/contracts team on new funder and partner due diligence as needed Support the Executive Director in legal and compliance issues Basic Requirements Bachelors degree or equivalent in a related field such as business, economics, finance, or accounting 12 years (at least 5 if manager level) of progressively responsible experience developing budgets, financial models, and decision analytics (e.g. financial planning and analysis, corporate finance, investment banking, private equity) Experience working with corporate, foundation multilateral, and bilateral (other than US or UK governments) funders Excellent critical thinking and analytical skills, as well and discernment to guide what questions are asked, how answers are pursued, and how answers are shared A high level of emotional intelligence and discretion Creativity, an entrepreneurial spirit, and deep commitment to the mission of the organization Ability to work with teams across a highly matrixed organization to generate new processes and/or resolve issues Comfortable working within a fast-paced, deadline-driven environment across time zones and cultures Excellent presentation skills and an ability to communicate financial information efficiently and effectively A successful track record in setting priorities; keen analytic, organization, and problem-solving skills which support and enable sound decision making Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders Experience in having final responsibility for the quality and content of all financial data, reporting, and audit coordination for either a division or significant program area Experience in grants management Technology savvy with experience in financial software tools, particularly Microsoft Office Excel Preferred Qualifications MBA and/or CPA 10+ years of broad financial and operations management experience Experience with reporting and analyzing operations or business results for organizations with $25M+ in annual revenue Experience with both financial and programmatic audits Commitment to training programs that maximize individual and organization goals across the organization including best practices in human resources activities
Pact is an equal opportunity employer and does not discriminate in its selection and employment practices on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, gender identity, marital status, disability, genetic information, age, membership in an employee organization, or other non-merit factors
Associated topics: associate director, director, director finance, finance director, general operational manager, president finance, recruit, senior director, staff, supervise
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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