Managing Director, IP Finance & Operations

Job title:

Managing Director, IP Finance & Operations

Company

Save the Children

Job description

Description :SummaryThe Managing Director, IP Finance & Operations will lead financial strategy and operational management for the International Programs (IP) division, providing leadership and direction to ensure optimal financial and operational performance across all IP departments. Reporting to the IP Vice President (VP) and serving as a member of the IP Senior Management Team (SMT), this role will act as the primary financial and operational advisor to the IP VP and maintain a dotted line relationship to the CFO, providing strategic guidance to the CFO/Deputy CFO, central FP&A, and SCI/A. Key responsibilities include:

• Ensuring optimal allocation and utilization of resources within IP.
• Informing financial and budgetary decision-making.
• Applying best practices in financial planning, analysis, and operational efficiency across the division.
• Enhancing the efficiency and effectiveness of IP’s strategy, financial performance, and operational processes.

The Managing Director will guide strategic decision-making on resource allocation, the use of strategic investments, and financial and operational performance management. This includes managing the revenue and expense budget (P&L management), overseeing strategic and financial management reporting, and supporting workforce planning and development.The role will collaborate with SCUS Award Management, Compliance, Risk, Operations, and Strategy and Risk Management teams to ensure consistent agency reporting and adherence to risk management and regulatory compliance requirements. The position will provide financial and operational leadership in strategic planning, budget/reforecast processes, and lead ad hoc financial analysis with the central FABP team.Additionally, the Managing Director will work closely with the global SCI/A Movement to drive excellence in financial management reporting and global mobility, leveraging business analytics and data management. This role will oversee finance across all IP business lines, analyze and report on performance to the IP VP and SMT, and provide strategic guidance to optimize resource management for the Agency.What You’ll Be Doing (Essential Duties)Annual and Strategic Plan Development and Execution 30%

• Budget and Reforecasting Cycles: Lead IP through the development and implementation of its annual budget process across all business teams, ensuring alignment with organizational goals. Manage IP’s budget and reforecasting processes in close coordination with the FABP and IP SMT to ensure efficient resource utilization and optimal budget allocation.
• Strategy Development and Execution: Provide financial leadership in developing and executing IP’s strategic plan, goals, objectives, and priorities. Support and guide divisional strategy to achieve desired results for IP.
• Workforce Planning: Collaborate with P&C and IP SMT to develop and monitor workforce planning strategies and processes across the division.
• Financial Projections: Collaborate with IP VP & SMT, Portfolio Growth & Performance (PGP) team, and FABP to create and assess financial projections and forecasts for the division, identifying and addressing potential financial risks.
• Problem-Solving: Identify and resolve complex multi-dimensional business problems.
• Continuous Communication: Maintain ongoing communication with the IP VP, SMT, and CFO, providing essential financial and strategic guidance and keeping them informed of critical business, planning issues, and risks.

Financial & Operational Performance Monitoring and Analysis 30%

• P&L Management: Oversee IP’s profit and loss management as the primary point of contact for all financial operations, including monitoring and directing IP’s revenue and spending strategies. Manage all factors affecting revenues and expenses, drive both short- and long-term financial strength and sustainability.
• Performance Management: Evaluate ongoing financial and operational performance and recommend adjustments to strategies, policies, processes, or other factors to enhance long-term financial performance. Develop and present key performance indicators (KPIs), results of strategic investments, and performance metrics that promote accountability, support decision-making, and improve resource allocation and operational efficiency over time.
• Financial Modelling & Analyses: Lead financial modeling and analysis across the division, including historical reviews, trend analysis, long-term forecasting, donor and revenue analysis, financial risk assessment, funding gap analysis, benchmarking, and ROI/performance evaluations. Present findings to the IP Senior Management Team, Finance leadership, and Agency Senior Leadership Team to support strategic decisions and investment choices that enhance long-term Agency outcomes.
• Reporting: Lead development of regular financial and operational performance and management reports (e.g., budget vs. actuals, forecasted expenses, trend analysis, grant forecasts, and revenue modeling) to provide the IP SMT and central FABP with timely data for informed decision-making and performance management.
• IP Budget Management Support: Ensure IP Business Team Heads, Budget Leads, and Award Management team understand and use accurate monthly budget data, reconcile expenses, and maintain precise forecasting to optimize agency resources and support informed decision-making at the departmental and divisional levels.
• Operational Continuous Improvement: Identify and lead operational continuous improvement and change management projects to ensure operational policies, procedures, and practices are consistently applied across the division.

Systems & Process Management 25%

• Diverse Tools: Support the development of new tools, dashboards, and reports to communicate financial information effectively to various stakeholders, tailored to the needs of each IP department.
• Policies and Procedures: Support the updating, tracking, and compliance of financial policies and procedures set by the SCUS Finance Division.
• Internal Controls: Ensure robust internal controls for financial and performance data integrity, including monitoring monthly spending against the budget (such as labor costs) and identifying or explaining significant over- or underspending.
• SCI Engagement: Coordinate with SCUS Global Mobility and FABP to liaise with SCI to ensure the accuracy of SCUS information and alignment with global peers.
• Global Mobility: Coordinate across IP, SCUS & SCI Global Mobility, and SCUS & SCI FABP teams to strengthen financial processes surrounding global mobility.

Team Development/Leadership 15%

• Leadership: Directly supervise Senior Advisor, Operations and Senior Advisor, Budget & Planning and dotted line relationship to IP Business Team Budget Leads. Set organizational priorities, allocates resources, and executes department business plans.
• Learning Culture: Foster a high-performance and continuous improvement culture that values learning. Uphold and model a team culture of knowledge management and sharing.
• Mentorship: Advise, guide, and mentor team members in troubleshooting challenges and developing proactive solutions.
• Negotiations: Influence both internal and external stakeholders, including senior executives, vendors, and regulators.

Required Qualifications

• Bachelor’s Degree or equivalent experience, plus at least 10 years of relevant experience in strategy development, financial planning, budgeting, cost control, operations, data analytics/insights, and finance/grant management.
• Solid understanding of US government regulations, nonprofit OMB Circulars, and GAAP. Demonstrated knowledge of donor regulations applicable to grants administration. Experience in award management and administration of sub-grants funded by USAID.
• Experience with Enterprise Risk Planning systems and operating sophisticated financial and management systems to support a complex, fast-growing and dynamic operation.
• Able to motivate and lead without direct authority over those participating in the project
• Independent problem solver and decision-maker.
• Excellent communication skills, with the ability to communicate financial and quantitative information clearly.
• Ability to think strategically and align financial analysis and reporting to drive results.
• Professional experience as a manager and organizational leader.
• Proven understanding of the core business drivers and ability to work effectively across a federated international NGO and with business team stakeholders.
• Proven senior functioning capacity: highly organized; ability to operate well in both high level and detailed realms; ability to plan ahead.
• Ability to facilitate change in an organization and drive results through influence.

CompensationSave the Children is offering the following salary ranges for this position, dependent on candidate location:

• Geo 1 – NY Metro, DC, and other locations with labor costs significantly above national average: Target Salary for this position is $131,750 – $147,250 base salary
• Geo 2 – Locations around the US National Labor Cost Average: Target Salary for this position is $119,850 – $133,950 base salary
• Geo 3 – Locations significantly below the US National Labor Cost Average: Target Salary for this position is $107,950 – $120,650 base salary

The salary ranges listed above are for US based candidates. For candidates located outside of the US, salary ranges will be based on the salary scales of the local employer of record.Actual base salary may vary based upon, but not limited to, relevant experience, base salary of internal peers, business sector, and geographic location (more information on job structure is available ). Employee may be eligible for an incentive program. Save the Children US also offers outstanding benefits that include health, dental, vision and life insurances, short-term and long-term disability coverage, an Employee Assistance Program, a retirement savings plan with employer contribution, paid vacation leave, safety & wellness leave, family leave, parental/adoption leave, caregiver leave, and much more.About Save the ChildrenSave the Children believes every child deserves a future. In the United States and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share.Our work for children and their families requires that we commit—at every opportunity—to work together to identify and dismantle persistent systemic and structural racism, inequality, and any other forms of discrimination in this country and beyond. As an anti-racist organization, Save the Children will not tolerate discrimination in any form—in our employment practices, amongst our staff, in our leadership or toward the people we serve. We stand in solidarity with all people to fight for equal rights, justice, inclusion, and belonging.Save the Children is committed to conducting its programs and operations in a manner that is safe for the children it serves and helping protect the children with whom we are in contact. All Save the Children representatives are explicitly prohibited from engaging in any activity that may result in any kind of child abuse.Save the Children is committed to minimizing safety and security risks for our valued employees, ensuring all are given training, support and information to reduce their risk exposure while maximizing the impact of our programs for children and families. Our shared duty, both agency and individual, is to seek and maintain safe working conditions for all.

Expected salary

$131750 – 147250 per year

Location

Washington DC

Job date

Wed, 23 Oct 2024 06:38:14 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.