Financial Planning and Analysis Manager at IDinsight

About the Financial Planning & Analysis, Manager role

• The FPnA Manager will support IDinsight with project and regional budgeting, forecasting, value-added analysis and insightful financial reporting.
• This position will report to the Finance Director and will work with the Deputy CFO and other finance colleagues in New Delhi.

Responsibilities

Project level

• Oversee the monthly process of updating the monthly budget vs. actual reports and sharing project-level analysis and key takeaways with each project team on a monthly basis. This will include holding calls on a quarterly basis, or more frequently, as warranted
• Suggest and implement improvements to the monthly project reporting tools and process
• Develop and maintain dashboard to be used globally for evaluation of all projects, share meaningful insights with the regions and follow-up on the action plan agreed.
• Give input into policies and guidelines for project reporting, charging, and evaluation, and ongoing forecasting
• Work deeply with teams to update pipeline and contract opportunities in the datahub, ensuring the annual revenue is correct
• Prepare ad hoc reports for project teams and funders with inputs from Finance Director

Regional level

• Provide BVA analysis, commentary, and other analysis to leads of revenue-generating units on monthly dashboards
• Assist regional teams in updating project pipeline with revenue projections.
• Work with region to interpret utilization tracker and identify key takeaways for regions and for project managers
• Create project profitability analysis across the portfolio
• Prepare and update regional cash forecast for each regional office and as an input into global reporting
• Helping the regions understand which opportunities are self-funded and analyze the related utilization
• Prepare presentations for leadership of revenue-generating units and create additional value-added financial reporting and tracking
• Prepare routine reporting on contribution revenue, restrictions and receivables. Work in sync with the accounting team to ensure accurate reporting on contribution revenue and restrictions.
• Update specific sections in quarterly Board Excel Package, including project pipeline and dashboard

ERP Transition

• Lead the reporting from the newly implemented ERP from the Project Life cycle perspective
• Work with regional and internal finance and accounts team to ensure accuracy, completeness and appropriateness of data from a reporting perspective
• Work with systems analysts and ERP consultants to ensure reporting requirements are correctly built out in the ERP
• Train internal project teams on extracting and drawing meaningful analysis from reports in the new ERP
• Document processes and SOPs for FPnA and prepare budget and revenue recognition guidelines based on the new system

Project and Regional Budgeting & Forecasting

• Guide the Senior Associates to support project teams with tools, analysis and guidance in areas such as project budget preparation, contract negotiations, and billing rate analysis
• Review project budgets after first level review by the Senior Associates - FPnA
• Support the revenue-generating units in annual budget and forecasting processes. This may include coordinating budget processes and supporting leadership in creating their budget. It may also include coordinating the project pipeline and staffing forecasts, and cash forecasting.

Revenue and Receivables

• Create infrastructure to ensure correct billing of, and accrual for, all client revenues
• Ensure collection of all outstanding accounts receivable (external and intercompany) alongside the AR team
• Support Accounting team in preparing monthly, quarterly and annual reporting, and reconcile to management reporting and dashboards

Other

• Manage ERP system maintenance from Project life cycle perspective along with System administrator, including setting up new projects and team members
• Act as backup for other finance functions
• Support other global financial and related tasks as and when required
• Lead or support other workstreams in finance as needed, which may include areas such as oversight of cash forecasting and investment management, Finance operations, Compliance related functions, and Treasury
• Review revenue recognition for client projects and ensure the amount recorded reflects the progress towards completion of the projects.
• Coordinate with Legal and Operations on matters of governance, compliance, and organization policy.
• Support the monthly closing and annual audit processes as necessary.
• Coordinate across all finance functions and with other Global support functions and regions, on projects and processes that span across the organization.

Qualifications

• 5+ years of work experience in finance, with varied experience that covers all or most of the following: Financial Planning including budgeting and forecasting, Financial Reporting and Dashboards, Accounting in a multi-entity environment, Internal Controls, and Treasury
• Significant leadership experience in the finance function
• Experience in the social sector and a project-based environment both highly desirable
• Bachelor’s degree in Accounting, Finance, or other relevant areas required. Master’s degree in related areas is helpful but not required.
• Professional accounting qualification - CPA/ACA/ACCA part II or equivalent, preferred.

Skills and attributes:

• Strong leadership skills
• Thrives in fast-paced environments and is excited by opportunities to explore and implement new ideas
• Proactive attitude with bias to action
• Excellent communication skills
• Strong project management and change management skills
• Ability to work effectively across cross-functional teams located across many countries