The Global Health Finance, Planning and Analysis team is seeking an energetic, collaborative Finance Associate to partner with the global health program team. Key responsibilities include partnering with the program team in grantee financial assessment and grant investment structuring, including complex transactions. Other key responsibilities include supporting the Program CFO and Finance Managers in budget and financial planning, resource allocation and ad hoc projects.
Critical skills for success include solution-orientation and an action-oriented attitude. Experience using financial/data analysis and modeling skills in an advisory role are necessary in building meaningful relationships with key partners, including the global health leadership team.
The Finance Associate must be effective at influencing with exceptional partnership and communication skills. Most importantly, s/he must be passionate about the foundation’s mission, particularly to maximize health impact and reduce the burden of disease, thereby improving the lives of people in Low and Middle Income Countries.
Portfolio Management/Strategic and Financial Planning:
Partner with the program teams, including the leadership team to allocate financial resources against their strategic priorities, including development of the Program Strategy Teams’ (PSTs) annual financial plan and 4-year outlook.
- Ongoing management of the PSTs’ investment pipeline through monitoring of execution (ex. actuals and forecasts against budget including risk assessment and variance analysis), financial forecasting and advice to PST members including risk mitigation strategies.
- Scenario-based planning and risk-adjusted modeling to determine the optimal use of available funds to reach strategic program objectives.
Investments:
- Due Diligence: Assessing grantee health in making investments as well as managing the portfolio, including reviewing budgets and recommending revisions to improve use of financial resources against programmatic objectives. This may include interacting with external executives, CEO/CFO/COO's and other programmatic/operations staff of grantees
- Investment Structuring (ex. Grant, Contract or Program-Related Investment and building milestones to mitigate potential risks): Support work on complex transactions and special projects (for PSTs and across foundation) and lead those that require a financial analysis component (ex., modeling business alternatives for key partners, benchmarking costs, analyzing funding landscapes, macroeconomic environments…).
- Review status of ongoing investments and recommend payments based on progress and future financial needs, which may include meeting grantees in the field.
- Perform financial and risk analysis to support investment-making and investment management. Partner with PSTs and grantees to structure effective investments and develop appropriate mitigating strategies to manage risk.
Cross-foundational / Project-based
- Work with the Program CFO on ad hoc analysis related to the global health division.
- Participate in PST-related and cross-foundation projects to relating to strategic resource allocations and investment-making to encourage optimal use of funding resources.
- Broad knowledge of finance, including corporate and non-profit finance
- Excellent team player
- Deep technical/quantitative skills (especially financial analysis/modeling, investment/deal structuring) -- Advanced excel (pivot tables and advanced modeling skills) and Tableau skills preferred.
- Experience in collaborating across highly matrixed teams and functions with an ability to influence without formal authority.
- Ability to build and manage relationships within and outside the organization (critical to success in the role).
- Ability to develop innovative approaches to problem-solving where there is a high level of ambiguity and complexity.
- Ability to communicate succinctly complex financial concepts to partners with diverse backgrounds, including leadership, program staff, grantees and other foundation operational resources.
- Effective project management and ability to work on multiple projects - or support multiple teams - simultaneously.
- Intellectual curiosity.
- Ability to absorb / quickly distill significant amounts of information.
- Preferred: Knowledge of program issues and global health / pharma industry, Knowledge of developing country economics and dynamics
Experience
- 2+ years of experience, or equivalent experience.