Location:

London, United Kingdom
Salary:

negotiable / YEAR
Job type:

FULL_TIME
Posted:

2 days ago
Category:

Budget and Accounting, Finance
Deadline:

23/10/2024

JOB DESCRIPTION

Financial Planning and Analysis Officer. London. Posting Date: 10/01/2024. Deadline: 10/22/2024

Role Title

Financial Planning & Analysis Officer

Grade Level

Level E, Grade 10

Reporting To

Unit Manager, FP&A

Role Purpose

The Senior FP&A Officer is to assist the Unit Manager through rigorous financial planning and analysis, and indeveloping and overseeing the financial management of the Foundation by providing financial projections, management accounting services and budget analysis for all OSF funding and spending entities in addition to programmatic and administrative departments.

Key Responsibilities

Assist the Unit Manager in being an innovative business partner, building cross-functional collaborative relationships
Assist the Unit Manager in developing budgeting policies and processes in coordination with Strategy and Impact Unit and Global Operations
Be a thought partner to Senior Directors and support colleagues on complex areas in planning including strategy and budget alignment, data governance, budgeting/financial management, data model structuring, forecasting, and policy development
Organize various trainings on data model, OSF budget processes, and systems (new employee onboarding, annual finance and foundations conferences, budget retreats)
Maintain and monitor budget through budget modifications, allocations, reserve funds, personnel, financial reporting, work with accounting on recoding exercises to ensure accuracy and validity of data
Assist in the preparation ofbudgets, analyses, forecasts, and recommendations to and for the Executive Leadershipteam, Directors of Programs and other Senior Directors, to support critical decisions and resource allocations
Communicate with OSF directors/staff on budget process updates
Review/ clean errors in budget submissions
Prepare legal entity budgets for Director/Trustee fiduciary board(s) approval
Draft reports for Board of Directors, as needed
Draft/edit memos on budget policy
Address budget related questions/issues
Monitor actual performance against budget, identify and analyse variations, and recommends approaches for addressing these variations
Perform budget preparation and control, as well as expense analysis, including data consolidation
Coordinate with Grants Management (GM) and Accounting & Compliance teams to ensure accuracy with coding, budgeting, and grant making

People Responsibilities (Total Team/DRs)

None

Key metrics

Quarterly budget tracker report, risk mitigation for c3 underspending/overspending, timely budget review and risk escalation; monthly variance analysis and reporting

Key internal relationships

CFO, Director of FP&A, Unit Managerof FP&A, Accounting and Compliance, Global Finance, People and Culture, Programs, Grants Management, and Global Operations

Key external relationships

N/A

Qualifications

Essential:

Educated to a degree-level (or equivalent)

Desirable:

CPA (or equivalent), MBA

Experience

Essential:

Diverse and robust prior experience in the following subject areas: Budgeting; Financial Management Reporting; Analysis and Control in a global finance context; Data Management

Desirable:

Workday Adaptive Insights and/or NetSuite experience
Familiarity with cloud-based financial planning solutions
Knowledge of NetSuite, Concur and various Salesforce platforms is an advantage
Exposure to Grants processing and familiarity with OSF’s entity structure preferred

Competencies

Functional Competencies:

Manage work efficiently in a fast-paced environment, research financial data, troubleshoot and follow through on projects to completion, possess strong attention to detail, while meeting strict deadlines
Excellent computer and analytical skills, proficient in Microsoft Office and cloud-based platforms and experience with internet research and database management
Strong communication (written, verbal and listening), interpersonal and organizational skills with the ability to show discretion and handle confidential issues
Must be able to exercise critical thinking skills including good judgment and be a solutions-oriented individual
Strong understanding of cultural differences and the proven ability to build and maintain relationships with a wide range of people from diverse backgrounds within a complex organization
Ability to design and plan complex financial planning analysis involving cross collaboration and articulating the time, budget, stakeholder and success measures
Skilled in building internal partnerships and align to OSF strategic objectives
Able to nurture relationships with external partners whilst exercising considerable discretion
Skilled inassisting in drafting and managing an agile financial plan and its development process

Personal Competencies:

Able to build consensus with diverse audiences/stakeholders
Commitment to supporting the Open Society Foundation’s mission and principles
Commitment to continuous learning and growth in the areas of diversity, equity, inclusion and wellness/wellbeing
Sensitive to various cultural communication styles and flexibility to be a team player with the ability to work independently
Commitment to continuous learning and growth in the areas of diversity, equity, inclusion, antiracism and social justice
A network weaver who routinely thinks about the web of connections and recognizes that our organization is uniquely positioned to convene and engage partners by collaboration

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