Financial Manager

Division
Finance and Strategy

Foundation Overview
Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people's health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people-especially those with the fewest resources-have access to the opportunities they need to succeed in school and life. Based in Seattle, the foundation is led by CEO Jeff Raikes and co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.

Group Summary
The Finance & Strategy group is responsible for implementing and maintaining operating procedures designed to ensure rigorous stewardship of the foundation's financial resources and maximize the return on the foundation's grant-making and other charitable investments. The Finance & Strategy group serves the foundation's four programmatic Divisions – Global Health, Global Development, Global Policy & Advocacy, and US Programs.

The Financial Planning & Analysis team (FP&A) is the extension of Finance & Strategy group embedded in each of the programmatic Divisions. We provide financial and business acumen and analysis, working alongside program leadership and program officers, to plan and monitor use of funds for programmatic strategy execution.

The Global Health Division harnesses advances in science and technology to save lives in poor countries. We focus on the health problems that have a major impact in developing countries but get too little attention and funding. Where proven tools exist, we support sustainable ways to improve their delivery. Where they don't, we invest in research and development of new interventions, such as vaccines, drugs, and diagnostics. Our work to fight and prevent infectious diseases is organized around on six Program Strategy Teams (PSTs): HIV/AIDS, Malaria, Tuberculosis, Neglected & other Infectious Diseases, Enteric & Diarrheal Diseases, and Pneumonia. These Strategies are supported by functional teams that focus on Discovery & Translational Sciences, Vaccine Development, Integrated Development, Vaccine Delivery, and Integrated Delivery.

Responsibilities 
The Global Health Financial Manager reports directly to the Global Health Program CFO and is part of the embedded FP&A team that supports Global Health functional teams focused on R&D platforms: Discovery & Translational Sciences, Vaccine Development, and Integrated Development.

Key Responsibilities include

Investment Analysis

• Perform financial and risk analysis to support development and management of grants and contracts. Partner with program teams to structure effective investments and develop appropriate strategies to mitigate risk.
• Benchmark costs where possible, make recommendations and provide advice to program staff in negotiating investments and sizing payments.
• Analyze business plans and examine the economics of grantees and partner institutions; analyze the financial health of organizations through discussions with CFOs and reviewing financial statements.
• Maintain relationships with CFOs and other finance staff at large grantees and partners that the foundation funds.

Strategy & Financial Planning

• Develop 5-year and 1-year strategic financial plans for GH functional teams. Perform analysis and provide leadership with financial information to support effective resource allocation and decision-making during strategy refreshes and reviews.
• Work closely with program management and staff to translate strategy into long-term investment forecast and annual plan. Create dynamic financial planning tools that support decision-making and communication with senior leadership.

Pipeline/Payout Management

• Monitor actuals and forecasts against budget, including major risks.
• Create and use financial monitoring tools, including investment workflow management and monitoring tools, and partner with program officers to manage grant and contract spending.
• Identify operational and financial risks of executing against annual budgets and propose mitigating strategies to the program management.

Cross-foundational / Project-based activities

• Provide expertise on R&D / clinical trial financials to teams and individuals across the foundation's Global Health Division.
• Lead or participate in cross-foundation projects to develop tools and best practices in support of effective grant-making, pipeline management, and operational excellence. Specifically, develop tools that improve the understanding of cost drivers for R&D projects and help to maximize cost-effectiveness for the foundation's investments.

Qualifications

• Degree in Finance, Economics or related field. MBA is preferred.
• 6+ years of experience in a business/financial planning role.
• Three or more years of experience in pharma or life sciences industries, with exposure to planning and costing research & development activities.
• Experience in strategy development, risk management, and general management practices.
• Financial fluency in, for instance, budget analysis, activity-based costing, portfolio analysis, NPV analysis, forecasting.
• Strong analytical skills (especially financial modeling, investment/deal structuring).
• Proven success in operations and business process improvement.
• Demonstrated success working with individuals with a wide range of backgrounds to facilitate group problem solving in dynamic organizations. Strong interpersonal, customer service, and team-oriented skills are a must.
• Excellent written and oral communication skills, including the ability to extract appropriate data to convey financial results through the use of supporting tables, graphs, and other visual representations.
• Excellent organizational skills and the ability to manage and complete multiple projects simultaneously.
• Knowledge of global health issues and developing country dynamics.
• Commitment to the foundation's core values, mission, and programs.
• Experience in relationship management and negotiation.
• Excellent software skills with Microsoft Office applications.

As part of our standard hiring process for new employees, employment with the Bill and Melinda Gates Foundation will be contingent upon successful completion of a background check.

Requisition Number: 4060BR

To apply for this position, please visithttp://gatesfoundation.contacthr.com/31759693