Finance Associate

4 days ago

New Delhi, India Bill & Melinda Gates Foundation Full time

**The Foundation**

We are the largest nonprofit fighting poverty, disease, and inequity around the world. Founded on a simple premise: that people everywhere, regardless of identity or circumstances, should have the chance to live healthy, productive lives. By building a global and cultural workplace that supports greater diversity, equity, and inclusion — of voices, ideas, and approaches — together with our employees and partners, we can help all people improve their lives from poverty and health to education. As an organization we offer full healthcare premiums coverage, generous paid time off, contribution to your retirement fund, several employee communities, and a commitment to embedding diversity, equity, and inclusion into everything we do.

**The Team**

The Finance, Planning and Analysis team is seeking an energetic and collaborative Finance Associate to provide business and financial analysis support to the foundation’s Program Strategy Teams (PSTs). Key responsibilities include partnering with the India Country Office (ICO) program teams in grantee financial assessments and grant investment structuring, including complex transactions. Other key responsibilities include supporting the Program Chief Financial Officer (CFO), Deputy Director and Senior Finance Managers in annual budget and financial planning, resource allocation and ad hoc projects.

Our efforts in India focus on key issues that will affect the future of India’s most vulnerable communities: reproductive, maternal, newborn, and child health and nutrition; urban sanitation; agricultural development; gender equality, and digital financial inclusion (DFI). With a particular focus on Bihar and Uttar Pradesh, we work with partners to develop impactful and sustainable solutions to improve the quality and coverage of key services for the poor and vulnerable. We also work in the states of Tamil Nadu, Andhra Pradesh, Odisha, Maharashtra, and Madhya Pradesh to support programs in urban sanitation, agricultural development, gender equality, and DFI.

**Your Role**

The Delhi-based Finance Associate - ICO must be effective at influencing with exceptional partnership and communication skills. Most importantly, they must be passionate about the foundation’s mission, particularly in addressing the health, development and educational inequities that exist today.

Critical skills for success include solution-orientation and a proactive approach to responsibilities. Experience using financial/data analysis and modeling skills in an advisory role are necessary in building strong relationships with key partners, including the ICO Leadership Team.

**What You'll Do**

**1. Investment Analysis**
- Perform new grant and annual progress report budget reviews, conduct financial diligence, review grant proposal summaries, evaluate budget forecasts, and assess the financial health of organizations to ensure potential funding meets the Foundation's requirements, strategic goals, and programmatic missions.
- Provide analytical support on complex analysis with a financial component and for complex financial transactions.
- Support the analysis of the financial health of organizations through organizational due diligence.

**2.** **Strategy and Financial/Budget Planning**
- Support annual budgeting and financial planning processes within the ICO.
- Work with the program team(s) to produce detailed, dynamic four-year investment budgets, including risk assessment and scenario modeling.
- Partner with the Strategy, Planning, & Management (SPM) team to optimize/allocate resources across portfolios of investments.

**3.** **Forecasting Management**
- Provide forecast support and portfolio allocation management.
- Monitor actuals and forecasts to budget, with risk assessment and produce variance analysis.
- Build tools and reports to plan and monitor workflow, forecast and payout performance.

**4.** **Cross-Foundational / Project Based**
- Participate in PST-related and cross-foundation projects to develop financial analyses and best practices in support of effective investment-making.
- Respond to internal and external portfolio data requests and analysis.

This role is responsible for high quality interactions and clear and consistent communications with grantees and partners in the field.

This role reports to the **Program CFO**.

**Your Experience**
- Bachelor’s degree with five years of relevant experience, preferably worked in a global environment.
- Financial/strategic planning; analytical, numerical and financial modeling experience
- Broad knowledge of finance (capital, global markets)
- Strong relationship building skills
- Business plan development and evaluation
- Ability to translate data into user friendly tools/resources
- Intellectual curiosity
- Synthesizing skills / ability to absorb and quickly distill significant amounts of information
- Ability to influence without formal authority
- Negotiation skills
- Solution and action orientation

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