This is a limited term assignment with an anticipated duration of 9 months starting in June/July 2021;exact start and end dates subject to change.
Interim Finance Associate, Global Health
The Global Health Finance team is seeking a motivated and collaborative Finance Associate to provide business and financial support to Global Health program teams. This role is part of the Global Health Finance Team and will directly support Program Strategy Teams (PST), partnering with experts on making and managing investments in health R&D or delivery programs which the Gates Foundation funds. Key responsibilities include assessment of grantee/vendor financial position, evaluation and negotiation of investment budgets, investment structuring and continued financial monitoring of multi-year investments. Other key responsibilities include financial planning and forecasting to support the PST Director in prioritization decisions, as well as project work to strengthen the Global Health Division in managing financial aspects of its investment pipeline and individual programs.
The Finance Associate must be successful at influencing through effective partnership and communication skills and should have experience using financial analysis and modeling skills in advisory roles. Other critical skills for success include solution-orientation and a proactive approach to responsibilities. The ability to synthesize data is key, and strong analytic skills, both at a conceptual level and at a technical tool level are highly valued. Most importantly, the candidate must be passionate about the foundation’s mission, particularly in addressing the global health inequities that exist today. Our team values a diverse set of backgrounds, experiences and perspectives. We are highly interested in applicants with international experience, particularly having worked or lived in a developing country. This role is based at the foundation’s Seattle headquarters and may involve travel up to 10%.
· Partner with technical experts (Program Officers specializing in healthcare R&D and delivery) to provide financial and business perspectives in investment-making
· Perform financial due diligence of grantees/vendors, evaluating their financial position and risks
· Collaborate with grantees/vendors to develop and negotiate investment budgets for global health projects
· Analyze costs through benchmarking and other methods to inform negotiations and pipeline planning
· Structure investments to optimize cash disbursements in consideration of scientific and operational risks, factoring in milestones and other aspects of the product development cycle
Financial Planning & Pipeline Management
· Work closely with PST leadership and Program Officers to translate PST strategy into mid and long-range forecasts and annual plans
· Perform analysis and provide PST leadership with strategic and financial information to support dynamic financial prioritization and decision-making
· Manage forecast preparation, variance analysis and review with PST Director
· Build and manage financial planning tools that support decision-making and communication with senior leadership
Other Projects (examples)
· Conduct data analyses to generate new insights on the Gates Foundation’s large Global Health investment portfolio, leading to improved allocation of resources and operational efficiency
· Participate in complex transactions and special projects for PSTs with significant financial analysis component
· Participate in cross-foundation projects to improve tools and practices in support of effective investment-making, pipeline management and operational excellence
· Respond to ad-hoc requests for data analysis for from leadership
Core Knowledge and Skills
· Experience with finance processes, such as budgeting, forecasting, reporting, financial statement analysis, etc.
· Experience with organizational due diligence and financial statement analysis
· Experience with grant or contract negotiation and investment structuring preferred
· International work experience, in developing countries, highly preferred
· Knowledge of Global Health and/or infectious diseases preferred
· Strong analytical skills, ability to absorb and synthesize data, build quantitative models and distill key insights
· Experience in developing, maintaining and managing dashboards and critical reports/visualizations, preferably with Tableau and/or PowerBI preferred
· Excellent Excel skills
· Strong relationship building skills and ability to influence without formal authority
· Ability to communicate sophisticated data and financial concepts to partners with diverse backgrounds, including leadership, scientific program staff, grantees/vendors and other impacted groups
· Ability to conduct high quality interactions and ensure clear and consistent communications with external parties (grantees/vendors and other partners)
· Ability to balance multiple projects and navigate multidisciplinary teams in a matrixed organization
· Ability to work independently with solution-oriented attitude, intellectual curiosity and a good sense of humor
Education and Experience
· Bachelor’s or Master’s degree with 3-7 years of relevant experience
*Must be able to legally work in the country where this position is located without visa sponsorship.
The employee transfer policy applies to internal backfill positions. An employee may apply for an open position after at least 12 months in their current position. If you meet this requirement and wish to pursue a backfill opportunity, you are required to have a conversation with your manager to confirm their support before you apply. In rare cases, the requirement of a minimum of 12 months in a position may be waived if a transfer is critical to the foundation’s goals and is approved by the current manager and their HR Consultant (HR Business Partner or Generalist).
All backfill positions are posted as LTE roles. With current manager support, if selected for the role, FTEs will retain their FTE status during the backfill assignment. Managers will have the option of backfilling for the individual moving to the interim position for a similar duration via the same hiring channels and options as this position. However, current managers may be unwilling or unable to hold headcount for the duration of an interim assignment and may deny the employee’s request. In such cases, the employee may apply for the open LTE position, but if selected, would effectively be resigning as an FTE and would be hired as an LTE for the duration of the interim assignment. As an LTE, employment with the foundation is expected to end at the end of the assignment, and the employee would not be eligible for severance.
As part of our standard hiring process for new employees, employment with the Bill & Melinda Gates Foundation will be contingent upon successful completion of a background check.
The Bill & Melinda Gates Foundation is dedicated to the belief that all lives have equal value. We’re committed to creating a workplace where employees thrive both personally and professionally. We also believe our employees should reflect the rich diversity of the global populations we aim to serve—in race, gender, age, cultures and beliefs—and we support this diversity through all of our employment practices.
All applicants and employees who are drawn to serve the mission of the Bill & Melinda Gates Foundation will enjoy equality of opportunity and fair treatment without regard to:
* Sexual Orientation
* Gender Identity
* Gender Expression
* National Origin
* Genetic Information
* Veteran Status
* Marital Status
* Prior Protected Activity
- $ Salary Offer POA