Director of Global Finance

About the role

The Director of Global Finance will lead financial strategy and grant management for the Development Innovation Lab (DIL), serving as a trusted financial partner to the Lab’s senior leadership, faculty researchers, and global project teams. This role is responsible for managing a global portfolio that supports research initiatives in low-income communities across multiple countries, including Kenya, Colombia, India, Pakistan, Nigeria, among many other international locations.

Responsibilities

• Manage a team of grant and finance managers who are responsible for managing project-level budgets with research teams for funding proposals, managing project spending through the project, and reporting regularly to donors.
• Provide financial analysis and well-considered recommendations to support unit-wide decisions made by the Lab’s faculty director and executive director.
• Develops guidance with sufficient depth and contextual grounding to be genuinely useful — attuned to the Lab’s priorities, known preferences, and operating constraints — and supports final decisions made by those leaders fully.
• Offer reports at least quarterly analyzing the Lab’s financial performance including analyzing spending against annual fiscal year budgets.
• Regularly project financial outcomes by modeling revenue and spending, including conducting Monte Carlo simulations of projected fundraising, thinking strategically about which funding source to use, and communicating with leadership about iterative decisions as the funding environment changes.
• Lead budgeting processes and oversee Lab’s financial picture.
• Manage organization-wide budget development and budget process, including monthly forecasting, fiscal year close out, and reporting to the Unit, Provost, Dean, and Budget Office. Offering strategic guidance throughout the planning and reporting processes.
• Partner with international colleagues to oversee financial management of global research programs, ensuring compliance across multiple funding sources and country requirements.
• Oversee the Lab’s interactions with the University’s financial system.
• Oversee and audit reporting within the University’s General Expense Management System (GEMS) system each month. This includes reviewing individual expenses charged to various Lab accounts for correctness, applicability, and compliance with any donor requirements.
• Ensures compliance with University financial policies and procedures and builds systems that work for DIL culture that help ensure compliance and efficiency.
• Serve as the primary financial resource for research and policy teams on project-level questions, ensuring finance support is timely and responsive to the operational needs of project staff.
• Oversees the management of payroll allocations across funding sources, ensuring funds are used appropriately as budgeted and for the efficient use of donor or other funds.
• Responsible for working with Lab leadership to avoid over- or under-staffing of activities.
• Manage time tracking system to aid leadership in project management and ensures grant and gift spending on salaries accurately aligns with staff effort.
• Develops, communicates, and implements financial policies and procedures.
• Communicates University guidelines and policies to staff and ensures that all expenses are compliant with those policies.
• Develops and conducts in-house staff trainings around pre- and post-award administration.
• Manages the preparation of financial statements, activity reports, financial position forecasts, and/or reports required by regulatory agencies.
• Manages, negotiates, and resolves financial compliance issues with various governmental agencies.

Qualifications

• Master’s degree in business administration, finance, accounting, or a related field.
• Demonstrated experience in operations, grant administration, finance, or other related fields.
• Budget planning and forecasting, financial operations, and fiscal reporting.
• Working in a higher education or non-profit environment.
• Managing restricted funding such as endowments, sponsored awards, or contracts.
• Working effectively with colleagues from diverse cultural backgrounds.

Skills

• High-level proficiency with spreadsheets, computer applications such as Word, Excel and accounting systems.
• Familiar with financial and accounting systems used in large organizations, such as Workday or Oracle/Peoplesoft.

Benefits

• Health Screen Required No
• Drug Test Required No
• Motor Vehicle Record Inquiry Required No
• Pay Rate Type Salary
• FLSA Status Exempt
• Pay Range $121,000.00 - $150,000.00