This Opportunity:
The Finance Manager plays a key support role in ensuring CATALYZE budgeting, forecasting, and accounting practices are appropriately implemented. The Finance Manager is responsible for the management and implementation of effective and efficient financial activities that deliver the project in accordance with contractual obligations, company policies, Group Standard Operating Procedures (SOPs), Guidelines and client rules and regulations. This position will supervise one (1) other Finance staff and report to the CATALYZE Director of Finance & Compliance in Washington, DC.
CATALYZE is a $250 million 8-year program, designed to mobilize $2 billion in private capital, especially to underfinanced social sectors (such as education) and higher risk countries (especially low-income and post-conflict countries) around the globe, complemented by a cross-cutting inclusion of gender-lens investing. CATALYZE serves as a “platform of platforms” that provides services to many missions and bureaus that “buy in” to tap the CATALYZE investment and pay-for-results project management expertise. Our aim is for investors to explore and find commercially viable opportunities and approaches to creating jobs, developing sustainable social services, tightening, and rationalizing supply chains, and advancing inclusive growth – ultimately, reducing the need for development institutions to provide donor funding.
Location:
The position is based in Palladium’s Washington D.C. office.
You and Your Career:
If you are a problem-solver, collaborator, and doer, and you have expertise in finance management, we are interested in hearing from you.
We are a learning organization and provide growth opportunities from the start. We pride ourselves on giving you the freedom, resources, and guidance to chart a fulfilling career!
Reporting and Supervision:
This position will supervise one (1) other Finance staff and report to the CATALYZE Director of Finance & Compliance in Washington, DC.
Primary Duties and Responsibilities:
Support to Field Office Buy-in Teams
Liaising with buy-in finance and accounting teams through the home office buy-in Activity Management Units to oversee recording of field expenditures and reconciliation of bank accounts (Field Vouchers)
Conduct periodic reviews of accounts to ensure company accounting practices are adhered to (travel advances, withholdings and subsequent payouts, appropriate use of cost allocation methodologies, etc.)
Conduct spot checks, coordinate internal project audits, and support external project audits as required
Provide targeted trainings to buy-in finance and accounting teams, as required, to build their capacity in Palladium and client finance and accounting practices
Support to Home Office Buy-in Teams
Serve as primary point of contact for buy-in Activity Management Units on all budget, forecasting, and accounting-related activities
Assist buy-in Activity Management Units adhere to corporate financial management deadlines (accruals, variance notes, forecasting updates, etc.)
Engage Activity Management Units to investigate and resolve finance-related issues (large variances, inaccurate budgeting, etc.)
Collaborate with Activity Management Units during budget development and budget updates to provide support in budgeting best practices
Assist Activity Management Units implement tailored buy-in finance and accounting practices and best practices, in accordance with company policies, to enable effective and efficient specific buy-in operations
Provide targeted trainings to buy-in Activity Management Units, as required, to build their capacity in Palladium and client finance and accounting practices
Support to CATALYZE Core Management Team
Provide timely, accurate, and detailed financial reports to management and home office including but not limited to USAID reports, monthly actuals vs forecast variance, and accruals
Conduct detailed review of monthly client invoices as well as prepare any additional submission requirements required by the client
Manage and maintain CATALYZE’s 50+ charge codes, internal tracking of obligation and other financial data requirements against the 50+ charge codes, and cost allocation methodology
Run ad hoc analyses/reports (through the company’s financial management system), as required, to support data requests from management and the client
Lead and manage CATALYZE responses to Palladium and external financial reporting exercises such as DBA reconciliation/renewals, annual service contract reporting, annual foreign tax reporting, incurred cost submission, small business reporting, etc.
Support Core Management Grant and Procurement Team conduct cost and price analyses and other finance-related exercises, as required
Key Competencies Required:
Considerable experience in financial management on large, donor-funded projects, experience on USAID-funded projects highly desired.
Knowledge of USAID/USG rules and regulations, especially cost principles
Proactive problem-solving, decision-making and good judgment skills
Demonstrated ability to manage and protect confidential information
Ability to communicate effectively with managers, colleagues, vendors, and clients
Proven ability to be a mentor to counterparts and supervisees
Excellent English language communication skills
Extensive experience with and command over MS Excel
Experience with CostPoint, COBRA, and Oracle or similar accounting software highly desired
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