Budget & Financial Planning Section Head

Job Purpose

The Budget & Financial Planning Section Head is a key member of our growing finance team. She/he is responsible for managing the organization’s budgeting and forecasting process, system, and policies, working with department\company budget owners to develop and monitor operating budgets. She/he is accountable for preparing and providing financial and narrative reports and analysis to programs, senior management, and the board of directors. She/he will ensure accurate and timely alignment of grants budgets with institutional operating budgets. She/he ensures consistent and accurate entry of balance score card data, as well as accurate analysis and presentation of this information.

ACCOUNTIBILITIES

• Develop the CGC’s planning and budgeting process (both revenue and OPEX), including the development of the budget manual and templates, creation of tools to develop work plans, work with programs developing budgets, and reconciliation of budgets with programmatic work plans and organizational goals.
• Produce the financial analysis and presentations for CGC’s Board of Directors throughout the year.
• Develop regular/periodical management reports and analysis including variance analysis, performance monitoring reports.
• Assist the Finance Executive Director and the executive leadership team on special projects that require financial analysis.
• Lead processes and communications regularly working with department/company on budget owners across the organization to monitor and revise budgets throughout the year and life of project(s).
• Ensure compliance with current budget and spending policies, and propose improved policies and systems regarding spending guidelines, cost savings, cost allocation, and annual planning.
• Develop and maintain templates and SOP’s related to budget development and management.
• Liaise with various departments to ensure that across departments there is financial continuity, accuracy, and adherence to key processes such as clear cost and revenue accounting, reporting and compliance.
• Work with the Finance team to streamline internal financial reports and reporting processes to deliver more efficient, more effective, and more useful reports and analysis.

Grants Management

• Guarantee grants budgets align with institutional budgets and forecasts.
• Closely monitor grant performance for major institutional donors.
• Work with grants management team to ensure that key processes and systems are in place to manage grant risk assessments, donor financial compliance, and reporting management processes.

Balanced Scorecard (BSC) Management

• Manage and maintain the online BSC tool.
• Coordinate quarterly data updates and prepare reporting for senior leadership and Board of Trustees.
• Provides training staff of BSC processes and systems.
• Stakeholder collaboration & leadership.
• Act as a key financial partner to department heads and program teams.
• Lead budget review discussions and financial planning meetings across departments.
• Support senior leadership on special projects requiring financial analysis.
• Contributes to building financial awareness and capability across the organization.

Position Requirements

• Bachelor of degree in Accounting or Business Administration.
• ACCA, CMA, or CFA is preferable.
• 5-7 years of budgeting, financial reporting and financial systems work experience, preferably in financial services sector.
• ERP system, Microsoft Office, BI Tools, and financial systems integration.
• Good level of English.