As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from members of the GIIN Investors’ Council and other impact investing leaders.

Senior Finance Manager, Impact Investing

at IMA World Health in Washington, DC

About the Job

Senior Finance Manager, Impact Investing
DEPARTMENT: Impact Investing reporting to the Chief Innovation Officer
This position is primarily responsible for financial management, accounting, and reporting related to impact investing program as well as the various entities the organization may invest. This will include supporting the functions of operational accounting, financial monitoring and reporting, auditing, treasury and cash management, budget planning and analysis with respect to impact investing activities. S/he will ensure that all projects maintain a high standard of quality and integrity of financial data. This position reports to the Chief Innovation Officer, and serves as a knowledgeable resource in strategic and due diligence matters related to impact investing. In addition, this position provides capacity building and technical finance and accounting assistance to international entities in which the organization invests.

DUTIES:
Financial Reporting & Analysis
Responsible to ensure that impact investing activities are properly tracked in the accounting system and consolidated in organization financial statements
Support Impact Investing leadership in budgeting and forecasting efforts
Review financial performance of impact investing program and lead analysis for budget variance
Monitor availability of restricted and unrestricted funds available for impact investing, and advise supervisors and colleagues of status
Maintain debt and equity investment schedules, including loan amortization schedules showing interest due from investees

Policy Development and Compliance
Participate (and sometimes lead) policy development of various management policies for impact investment to ensure best practices, proper controls, & relevance from a finance perspective
Ensure compliance with existing policies and principles relating to impact investments.
Responsible for compliance with all contracts and agreements governing specific impact investments
Responsible for compliance with Delaware reporting and registration requirements (for the organization holding company LLC for impact investing)

Strategic Support
Represent the Finance perspective in strategy discussions regarding Impact Investing, including the integration of Impact Investing into the organization’s traditional development programming
Provide financial analysis of debt and equity investments, subsidies provided to investees, and operating costs of the Impact Investing program to senior leadership for use in decision support
Provide critical analysis of potential impact investing’s related transactions and determine accounting and reporting requirements
Collaborate with LWR leadership on the formation of new entities associated with impact investing and ensure proper entity type and compliance with relevant regulations

Technical Support to Investees
Identify gaps and build capacity around accounting and finance processes, systems (including general ledger), and policies in order to establish appropriate best practices for investee organizations
Assess required competencies for investee entities, and assist in identifying solutions where required competencies are not present
Recommend consultation with experts around country-specific taxation or reporting requirements, as appropriate
Will require international travel to assess and support investee entities in these areas

Pre and post investment financial analysis of investees (potential and actual)
Due diligence – provide a financial framework for analyzing business plans and feasibility of investments and appropriate types and levels of investment
Review financial aspects of potential investees, business and operational plans, and identify additional diligence needed to support the impact investing team’s presentation of potential investments to management and the Investment Advisory Committee
Ongoing review of financial performance of investee entities, including budget execution, going concern analysis, and budgeting and forecasting
Review of local audits and other financial and governance documents of investees (tax filings, Board minutes, other) to discern financial health of the company
Assist Impact Investing staff with analysis and reporting of social impact of investments (including identification of additional metrics as appropriate)
Other General Finance duties/Support
Other finance or accounting tasks or activities
Representation of F &A in working groups
Work on special projects

Qualifications

Qualifications:
Bachelor’s Degree required, with a concentration in Finance or Accounting
CPA and/or MBA is required
Minimum of eight (8) years’ experience in the support of financial management activities, preferably with familiarity with both for-profit enterprises and international relief and development organizations
Familiarity with US nonprofit GAAP required. Knowledge of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) is a plus
Familiarity with principles of debt and equity investment and consolidation

To apply

https://imaworldhealth.applicantpro.com/jobs/943784.html