Overview
Global Communities works at the intersection of humanitarian assistance, sustainable development and financial inclusion to save lives, advance equity and secure strong futures. We support communities at the forefront of their own development in more than 35 countries, partnering with local leaders, governments, civil society and the private sector to achieve a shared vision of a more just, prosperous and equitable global community.
The Sr. Financial Analyst II works with other members of the Finance team to prepare financial reports, and is responsible for both Global Communities revenue recognition function as well as Fringe and Overhead monthly calculations. They collaborate with other Finance leaders on a regular basis to ensure timely and accurate financial reports, and are responsible for areas within NetSuite that impact the revenue recognition for the organization. Additionally, they are responsible for establishing annual work goals and objectives and managing the daily work activities of the assigned team members.
Responsibilities
- Prepare and/or review financial reports to most funding agencies, ensuring that amounts reported agree with general ledger or are modified from those on the general ledger in accordance with the terms of agreements, this includes the quarterly SF425 reports filings.
- Read all donor agreements, set up awards in NetSuite (NS) and the review grants records in NS ensuring that the data in NS accurately reflects the accurate Life of Project amounts awarded and obligated, the beginning and ending dates, budgets, reporting requirements and information on funding for all awards, contracts and amendments thereto received by Global Communities from all sources.
- Prepare and journalize the monthly revenue recognition entries of all types of awards.
- Prepare the restricted revenue schedules ensuring the reports are reconciled monthly with the General Ledger.
- Prepare the quarterly DFI Financial Consolidation & Analysis.
- In cases where Global Communities field offices prepare financial reports to funding agencies, provide the field offices with detail on headquarters transactions as needed.
- Preparation of Schedule of Federal Awards and other schedules needed by the external auditors.
- Review and consolidate Sub awards information on a quarterly basis, ensure accuracy of the data in NS to facilitate accurate, timely reporting.
- Oversee the processing and recording of requests for funds from all funders, including managing all transaction reporting on the Payment Management System and draws from letter of credits.
- Identify opportunities for process improvements and systems to enhance efficiency – specifically in the areas related to revenue recognition.
- Respond frequently to questions from Global Communities field offices, program officers and supervisors concerning revenue, expense, asset and liability totals and cash positions of activities.
- Responsibilities include representing Finance on Finance/IT system implementation projects.
- Notifies leadership of any accounting issues identified and recommends corrective action plan.
- Perform monthly review and reconciliations of various general ledger accounts and submit general ledger entries to correct balances when required.
- Occasionally visit field offices to aid with specific financial issues and train local personnel.
- Supervise and guide the work of the financial analyst.
- Update and Manage the Federal Funding Accountability and Transparency Act (FFATA) reporting, including monitoring subaward award reporting requirements and reconciling the reports with the general ledger.
- Manage cost share requirements and applicable reporting requirements.
- Undertakes other duties and projects as assigned.
POSITION SPECIAL RESPONSIBILITIES:
- Promote a culture of excellence, inclusion, learning, support, diversity, and innovation!
- Up to 10% Domestic and/or International Travel, which may include high risk locations.
Knowledge, Skills and Abilities
- Excellent critical thinking skills and sound judgment. Proven willingness to make timely and sound decisions based on accurate judgment.
- Demonstrated ability to organize and lead the work of others in an atmosphere of multiple projects, shifting priorities, and deadline pressures.
- Knowledge of multicurrency accounting, branch accounting, and/or parent-subsidiary accounting.
- Knowledge of USAID Rules and Regulations, including 2CFR200.
- Excellent verbal and written communication skills.
- Knowledge of financial systems with ability to query and analyze data from various sources.
- Advanced level with MS Excel.
- Accuracy, attention to detail.
- Fluency in English, written and oral. Abilities in a second language preferred.
- Must be able to read and interpret financial documents and communicate effectively.
Qualifications
- Undergraduate degree in a related discipline and a minimum of 6 years of related work experience or 10 years of related work experience.
- Experience with accounting software (Solomon, Quickbooks, Concur, NetSuite, etc.) preferred.
- Prior supervisory experience preferred.