Senior Program Finance Manager, Consortium portfolio
Save the Children Canada is a member of Save the Children International, a federation that works in more than 119 countries worldwide delivering programs focused on health and nutrition, education, child protection, child poverty, humanitarian response, and child rights governance. As the world’s leading independent organization for children, Save the Children’s vision is a world in which every child attains the right to survival, protection, development, and participation.
The Senior Program Finance Manager, Consortium portfolio (SPFM) is responsible for financial health of the Consortium programs and for ensuring programs’ financial information is accurately recorded in the Accounting System and reported to the Donors and in the Financial Statements. The SPFM works with the Senior Finance Manager, Lead of Award Management Department and Senior Program Manager, and Lead of Business Development Department to ensure quality financial budgets, forecasts, and reports are prepared for donors and other stakeholders. The position of SPFM will assure an integrated vision among all the Partners’ achievement of program financial requirements and adherence to the donor regulations.
This is a permanent position.
Responsibilities include (but are not limited to):
- Review and approve monthly, quarterly and annual financial reports for internal and external stakeholders including:
- Budget vs Actuals Reports including Variance analysis;
- Donor reports;
- Burn Rates reports;
- Deferred revenue reports;
- Partner advance account reconciliations.
- Support Program Managers in conducting variance analysis of budget to actuals to identify financial risks, flag anomalies and solve the problems.
- Review financial summaries for donor reports based on reporting requirements in concert with the Program Manager, Partners and Country Offices.
- Support budget re-alignment and forecasting processes including review and detailed commentary of all draft budgets.
- Support the analysis and monitoring of resource allocation on a quarterly basis.
- Provide coaching, knowledge transfer and guidance to PFA, Program Manager and CO Finance teams for financial reporting.
- Working in collaboration with Country Offices, Partners and Project Managers, responsible to prepare and upload a complete and accurate Fund Summary Report / Program Budgets.
- Working collaboratively with Country Office teams, consolidate field financial results, approving journal entries as required to allocate funds in adherence to SCI and SCC data standards.
- Perform month-end close activities and ensure all reconciliations are complete, accurate, and up-to-date. Prepare Program Balance Sheet reconciliations and resolve differences between Country Office/Partner project reports and General Ledger on a regular basis, including deferred revenue and project advances.
- Complete final project closeout reconciliation, adjustments, and reporting.
- Responsible to review budgets for new proposals and amendments in partnership with Resource Development, Program Development, and Country Office teams, ensuring compliance to Award Management Guidelines.
- Forecast project cash disbursement activity and schedule to support Controller in ensuring sufficient funds are available to meet SCC obligations.
- Confirm cash disbursements and intercompany transfer payments (IPCO) for project funding.
- Lead planning, preparation and pre-audit review for successful execution of SCI and donor audits.
- Complete required analysis, financial statements, and documentation for the annual external audit.
Qualifications & Competencies (include but are not limited to):
- Bachelor degree in Accounting / Finance / Business.
- Accounting professional designation (CPA, CGA, CMA) is desirable.
- Bi-lingual (English and French) is preferred.
- 5 to 10 years’ experience in project finance and accounting.
- Knowledge of GAAP and Accounting Standards for Not-for-Profit Organizations.
- Previous experience in non-profit sector in multicurrency environment preferred.
- Superior financial analytical skills, with advanced level expertise in MS Excel.
- Detail-oriented to accurately record and monitor financial information.
- Exceptional communication and interpersonal skills to develop strong working relationships across cultural and organizational boundaries with internal and external stakeholders, and managing through influence.
- People management experience, strong team player to collaborate effectively across cross-functional teams.
- Strong leadership skills adapting to a given situation or to the needs of the organization.
- Adhere to Save the Children’s Child Safeguarding policy and protocols.
- Police check vulnerable sector screening.
If you are interested in this position, please visit https://www.savethechildren.ca/ and submit your resume and cover letter by December 24, 2021. Internal candidates, please apply by 10:00am on December 10, 2021. We thank all applicants for their interest, however, only those selected for an interview will be contacted.
SCC is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (‘AODA’). If you require accommodation for disability during any stage of the recruitment process, please notify Human Resources (416) 221-5501 ext. 262.