The Program Finance Analyst manages a diverse portfolio of programs under the Corporate and Foundation Programs umbrella. This includes monitoring and ensuring correct accounting for cash, expenses, and revenue according to the relevant principles in the Generally Accepted Accounting Principles (GAAP). The Analyst is responsible for developing renewal budgets, preparing all financial deliverables, and accurately budgeting for expenses in the fiscal year Plan. On an as needed basis, the Analyst will provide financial analyses and recommendations to inform strategic business decisions, which may be presented to program directors and managers, sponsors, and IIE executives.
The Institute of International Education (“IIE”) has a hybrid work environment that allows team members a combination of in-office work and telework at any of the locations listed above.
• Manages finances for a portfolio of programs from developing the initial cost proposal through to award closeout. This includes creating and reviewing award status reports on a regular basis with program points of contact, analyzing burn rate and other financial metrics to maintain comprehensive financial projections and inform program decisions.
• Develops the framework for and communicates payment coding structure to program teams. Acts as award administrator throughout the life cycle of an award, including creating new projects and activities for financial tracking and reporting, uploading and tracking financial deliverables, and closing out awards.
• Ensures cash and revenue are accurately recorded for a variety of sponsored programs on a monthly basis. Prepares invoices in accordance with the terms of the contract and works closely with the revenue and cash teams.
• Biannually inputs expected expenses and revenue for the fiscal year Plan and Forecast in close coordination with program leads. Quarterly prepares analysis of actuals against Plan or Forecast for review with the CFO, researching and explaining any variances.
Education and Work Experience:
• Requires a Bachelor's degree in order to apply a working knowledge of the theories and principles in a specialized field or work discipline.
• Requires at least two years of related work experience.
Knowledge Skills and Abilities:
• Excellent written and verbal communications skills, with the ability to drive common understanding across a variety of stakeholders.
• Familiarity with accounting principles related to fundraising.
• Proficiency in Microsoft Office Suite, specifically with ability to run pivot tables, data validations, charts, and advanced formulas in Excel.
• Preferred experience in grants management with private foundations, corporations, and/or foreign governments.
• Exercise discretion on confidential matters.
• Proven ability to create and explain financial reports and analyses.
The Program Finance Analyst manages a diverse portfolio of programs under the Corporate and Foundation Programs umbrella. This includes monitoring and ensuring correct accounting for cash, expenses, and revenue…