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Job Details

Senior Finance Manager Impact Investing

Company name
Lutheran World Relief

Location
Washington, DC, United States

Employment Type
Full-Time

Industry
Finance, Manager, Accounting

Posted on
Jan 31,2019

Valid Through
May 16,2019

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Profile

This position is primarily responsible for financial management, accounting, and reporting related to impact investing program as well as the various entities the organization may invest. This will include supporting the functions of operational accounting, financial monitoring and reporting, auditing, treasury and cash management, budget planning and analysis with respect to impact investing activities. S/he will ensure that all projects maintain a high standard of quality and integrity of financial data. This position reports to the Chief Innovation Officer, and serves as a knowledgeable resource in strategic and due diligence matters related to impact investing. In addition, this position provides capacity building and technical finance and accounting assistance to international entities in which the organization invests.

Duties:

I. Financial Reporting & Analysis

● Responsible to ensure that impact investing activities are properly tracked in the accounting system and consolidated in organization financial statements

● Support Impact Investing leadership in budgeting and forecasting efforts

● Review financial performance of impact investing program and lead analysis for budget variance

● Monitor availability of restricted and unrestricted funds available for impact investing, and advise supervisors and colleagues of status

● Maintain debt and equity investment schedules, including loan amortization schedules showing interest due from investees

II. Policy Development and Compliance

● Participate (and sometimes lead) policy development of various management policies for impact investment to ensure best practices, proper controls, & relevance from a finance perspective

● Ensure compliance with existing policies and principles relating to impact investments.

● Responsible for compliance with all contracts and agreements governing specific impact investments

● Responsible for compliance with Delaware reporting and registration requirements (for the organization holding company LLC for impact investing)

III. Strategic Support

● Represent the Finance perspective in strategy discussions regarding Impact Investing, including the integration of Impact Investing into the organization's traditional development programming

● Provide financial analysis of debt and equity investments, subsidies provided to investees, and operating costs of the Impact Investing program to senior leadership for use in decision support

● Provide critical analysis of potential impact investing's related transactions and determine accounting and reporting requirements

● Collaborate with LWR leadership on the formation of new entities associated with impact investing and ensure proper entity type and compliance with relevant regulations

IV. Technical Support to Investees

● Identify gaps and build capacity around accounting and finance processes, systems (including general ledger), and policies in order to establish appropriate best practices for investee organizations

● Assess required competencies for investee entities, and assist in identifying solutions where required competencies are not present

● Recommend consultation with experts around country-specific taxation or reporting requirements, as appropriate

● Will require international travel to assess and support investee entities in these areas

V. Pre and post investment financial analysis of investees (potential and actual)

● Due diligence - provide a financial framework for analyzing business plans and feasibility of investments and appropriate types and levels of investment

● Review financial aspects of potential investees, business and operational plans, and identify additional diligence needed to support the impact investing team's presentation of potential investments to management and the Investment Advisory Committee

● Ongoing review of financial performance of investee entities, including budget execution, going concern analysis, and budgeting and forecasting

o Review of local audits and other financial and governance documents of investees (tax filings, Board minutes, other) to discern financial health of the company

● Assist Impact Investing staff with analysis and reporting of social impact of investments (including identification of additional metrics as appropriate)

VI. Other General Finance duties/Support

● Other finance or accounting tasks or activities

● Representation of F &A in working groups

● Work on special projects

Qualifications:

● Bachelor's Degree required, with a concentration in Finance or Accounting

● CPA and/or MBA is required

● Minimum of eight (8) years' experience in the support of financial management activities, preferably with familiarity with both for-profit enterprises and international relief and development organizations

● Familiarity with US nonprofit GAAP required. Knowledge of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) is a plus

● Familiarity with principles of debt and equity investment and consolidation accounting

● Broad finance and accounting experience - from developing policies and controls, to accounting, budgeting, and financial reporting

● Experience conducting detailed financial models and analysis in Excel and presenting complex concepts in PowerPoint; position is very hands on

● Must have a quantitative grasp on complex issues while being able to distill the facts and focus on key business needs

● Critical thinking and judgment - ability to make independent decisions, while keeping supervisor appraised of important matters

● Excellent communication skills (interpersonal, written and spoken), with a can-do positive and proactive attitude

● Strong relationship management skills - quickly develop trusted relationships with internal and external stakeholders

● Strong interpersonal abilities. Capability of influencing others in a global, cross-functional organization; consultative and creative. Function well on a team in addition to being able to work autonomously, establishing him/herself as a leader

● Flexibility and the willingness and ability to respond to a rapidly changing environment and manage multiple priorities and projects while working as part of an inter-departmental team

● Intellectual curiosity and the desire and ability to develop new knowledge, skills, and abilities as needed to perform the position's responsibilities

● Willingness and ability to travel (may be up to 25% of time), possibly to remote regions which may include adverse conditions and/or disaster zones. Ability to withstand extremes of temperature and altitude

● Commitment to the organization's core values and ability to model those values in relationships with colleagues and partners.

● Experience with and commitment to working in a diverse and multi-cultural environment

Company info

Lutheran World Relief
Website : http://www.lwr.org/

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