Budget Manager

About Accion:

Accion is a global nonprofit committed to creating a financially inclusive world, with a trailblazing legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the 1.8 billion people who are left out of, or poorly served by, the financial sector. For more than 60 years, Accion has helped tens of millions of people through our work with more than 200 partners in 63 countries. More at http://www.accion.org.

About [Department/Program description]:

Accion’s Finance team manages all of Accion’s financial needs. Working closely with each of its subsidiaries, departments, auditors, clients and vendors, the finance team plays a critical role in ensuring a clean audit every year in accordance with accounting principles generally accepted in the USA. The Finance team includes 14 finance and accounting professionals with expertise in consolidated multicompany & multicurrency financial statements, treasury, payroll, accounts receivable and payable,  financial donor reporting to corporations, foundations, multilateral & public donors, budgeting and planning, finance systems integration and automation.

Position Summary

The Budget Manager works closely with the department heads, project managers and  management to develop annual and multi-year company and project budgets as well as maintaining key budget systems and tools for Accion’s budget process. The Budget Manager oversees the financial reporting for key grants and contracts and regular reporting to budget owners and departments across the organization. S/he works closely with Operations Department Heads, Project Managers, Resource Development, Human Resources, Controller, Finance staff and CFO to ensure overall operations are within budget, to provide reporting and to develop appropriate tools. Closely coordinates activities with 2-3 members of finance team.

Position Responsibilities

Budget & Analysis –

• Provides guidance and support for the development of departmental and project annual budgets including revenues, carry-forward analysis and expenses. Works closely to provide feedback and analysis to budget owners and Accion management.
• Schedules monthly budget reporting meetings with budget owners, preparing relevant reports, leading discussions providing analysis and proposing revisions on budgets to date.
• Reviews, analyzes, and reports budgets performance making recommendations to maximize the use of funds and implement changes and revisions for budgets.
• Key contributor to the annual budget process including the preparation of the budget guidelines and timeline.
• Develops and institutes the Accion annual billing rates to be used on Accion contracts and grants.
• Works with external auditors on grant and contracts revenue recognition per GAAP.
• Coordinates billing and invoicing with accounting, project managers and Accion TA recipients.

Grants & Contracts –

• Oversees the financial administration, documentation managers and donors to provide accurate and appropriate reports to donors and other funders.
• Manages preparation and review of new proposal budgets for major grants and contracts by working closely with project managers, department heads and resource development. Ensures appropriate assumptions used and provided guidance and feedback on project budgets to be submitted.
• Manages the planning process and financial reporting for multi-year grants including renewals or extensions for major grants and recommends potential adjustments or extensions.
• Prepares and completes revenue release of restriction for major grants and areas of Accion for accounting and budget vs. actual reporting.
• Coordinates project review meetings with project and department managers. Provides recommendations for revenue recognition and funding carry-over to budget owners.

Systems Management –

• Oversee the management of Adaptive budget software and the project administration in Deltek.
• Working with IT develop system interfaces and information uploads to Deltek and excel formats. Manage system upgrades and updates and coordinate with finance and departments for integration of budget systems information.
• Develop Adaptive reports and other budget tools in coordination with management, project and department leads to provide timely and appropriate information.
• Other special projects and activities as requested by Senior Management.

Position Qualifications

• Bachelor's Degree with emphasis on Finance, Public Finance, Public Administration, or related field. Advanced  degree preferred.

• Minimum of 6+ years of experience in Finance with extensive focus in budgeting and financial projection management, project management and grant and accounting reporting.

• Strong multi-company budget planning and analysis.

• Project management skills are desired.

• Technical budget expertise and strong knowledge of Adaptive budget system and Deltek accounting system.

• Advance level in Excel and other MS Office applications.

• Ability to manage and coordinate with budget staff as well project leads and department managers

• Experience working with nonprofit budgeting and accounting.

• Sound problem solving ability.

• Achieves goals with minimal ongoing supervision.

• Ability to exercise good judgment in making planning decisions and maintaining confidentiality.

• Ability to communicate effectively, orally and in writing, with all levels of the organization. Spanish language skills a plus.

• Ability to effectively manage the workload working independently including planning, organizing, prioritizing, and paying close attention to details.

• Demonstrated ability to work effectively in a diverse workforce.

• Interested in our mission and working globally.

• Willingness to embody our values of excellence, respect and passion for social change.

• Excellence: Accion staff should always put forth their best effort in all activities, strive for high quality of collective and individual performance; and demonstrate honesty and integrity at all times while in the workplace and while working on behalf of the organization.

• Respect: Accion staff should value one another’s roles and responsibilities as much as their own, be encouraging, and value the diverse and unique perspectives of colleagues. They should honor obligations and commitments to each other and to external partners.

• Passion for Social Change: Accion staff should be committed to making a difference in the lives of those less fortunate, value the greater good of the organization over personal gain, and promote a productive workplace by acknowledging the accomplishments of others.