Summary
Description
The National Endowment for Democracy (NED) is a 501(c)3 grantmaking foundation that receives an annual Congressional appropriation in excess of $310 million and is governed by a private, bipartisan Board of Directors. This unusual arrangement positions NED to play a unique role as America’s leading foundation for freedom, empowering the institution to be nimble, innovative, and risk-taking in support of democratic activists, civil society organizations, independent media, and the NED family core institutes (the International Republican Institute, the National Democratic Institute, the Center for International Private Enterprise, and the Solidarity Center).
We’re seeking a Senior Financial Analyst to lead NED’s institutional strategy and integrated approach to grantmaking initiatives in this fast-evolving field and help the NED family innovate in this complex fast-changing sphere. This position is based in Washington, D.C.
Position Summary:
The primary duties of the Senior Financial Analyst is to ensure the accuracy and integrity of recorded federal financial grant activity, to provide internal analysis on the status of multi-year awards and produce timely required reporting for the federal government and NED management. These responsibilities are carried out by analyzing detailed federal award transactions, monitoring cash drawdowns, as well as reporting to internal and external stakeholders on the results of these transactions.
Responsibilities:
- Supports the documentation and review of cash drawdown prior to payment request processing through the Payment Management System while collaborating closely with various members of the Finance team on cash requirements and ensuring the inclusion and timely drawdown for indirect cost settlements on federal awards.
- Maintains schedules of the federal grant awards with activity details for each quarter and fiscal period
- Prepares quarterly and final filings for Federal Financial Reports (FFRs) for timely submission to U.S. Department of State (DOS) via the HHS Payment Management System.
- Monitors the close out of NED’s grants and is responsible for the closeout of the USG-funded awards. Reviews and validates the integrity of the related balances on quarterly and fiscal year basis, as well as for the award life cycle.
- Certifies that grants activity is properly recorded in NED’s general ledger by reconciling to the NED grants management system’s activities for the accounting period.
- Confirms symmetry between the Finance ERP system, the NED Grants Management System (GMS), and the HHS Payment Management System on a monthly/quarterly/fiscal-year basis. Coordinates closely with the Director, Grant Accounting and NED Grants team to resolve any discrepancies that may arise.
- Collaborates with the Director, Grant Accounting to provide an annual resource schedule for Grantmaking Funds Available with periodic updates prior to each program planning cycle.
- Supports the year-end financial and Single Audit by preparing required schedules, and further assists with related audit inquiries.
- Participates on various cross-sectional working groups to provide financial input on changes in systems, processes and procedures, etc. and communicating all significant issues to the finance leadership.
- The level of responsibility and independence in assigned tasks will increase with experience.
- Other duties as assigned.
Qualifications:
- Bachelors’ degree in Accounting or Finance required.
- 8+ years demonstrated work experience in a mission-driven, nonprofit environment, specifically related to federal grants accounting and reporting regulations and compliance, including award and subaward tracking and management. Equivalent audit experience will also be considered.
- Solid understanding and proven application of GAAP, not-for-profit and fund accounting methods, internal controls, and best practices.
- Demonstrated working knowledge in financial analysis and reporting.
- Required competence in preparing Federal Financial Reports (FFRs) and managing cash draws in the HHS Payment Management System.
- Demonstrated experience in the use of robust accounting, business and reporting software packages such as Sylogist (formerly Microsoft Sirenic Navigator) accounting software is preferred. Additionally, exposure to a grants management system is a plus.
- Intermediate to advanced level working knowledge of Microsoft Excel and other MS Office products. Must have experience managing large data sets (creating pivot tables, using lookups and advanced formulas).
- Solid documentation skills, ensuring proper and complete audit trail.
- Paramount professional integrity, honesty, initiative, confidentiality, and dependability.
- Strong attention to details and accuracy in all work products.
- Commitment and ability to excel in a fast-paced environment; works effectively under time pressure and meets deadlines.
- Highly professional demeanor, with strong interpersonal and customer service skills to effectively interact with all levels of staff.
- Ability to communicate financial information both verbal and written with clarity to non-finance stakeholders.
- Authorized to work in the United States.
This position is part of the NED Bargaining Unit.
To Apply:
Applications must include a cover letter, resume, desired salary, and contact information for three professional references, of which one should be a supervisor. Please, no phone call inquiries.
Located in Washington, D.C., the salary range for this role is $ 85,250 -136,125 USD, plus benefits. The final offer for a successful candidate will be determined by a combination of factors, including, but not limited to, skill set, level of experience, education, and market considerations.
At NED, we recognize that our most important asset is our people. We value the diversity of skills and perspectives our team brings to our work. We believe an inclusive and supportive work environment fosters a culture of respect and appreciation for all individuals. NED is committed to creating a workplace that allows everyone to be their authentic selves and make meaningful contributions to our organization, our grantees, and our world.
NED strives to create a work experience that supports the well-being and healthy work-life balance of our employees. Our comprehensive benefits package offers health insurance (includes no copay for mental health services), a generous retirement savings plan, paid parental, vacation, and sick leave, a hybrid workplace model, flexible work schedules, and wellness initiatives to ensure a positive work-life balance.
NED is dedicated to creating an environment of respect and collaboration where everyone is encouraged to participate and take ownership of their work. We offer flexible work schedules and, for most positions, the opportunity for weekly telework days. This hybrid approach allows our employees to balance their work and personal lives while still participating in the collaborative process at the heart of our mission.
The NED is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other legally protected characteristics covered by applicable law. The NED is committed to working with and providing reasonable accommodation for all qualified individuals and bases all employment decisions on qualifications, merit, and business need. The NED believes that diversity and inclusion among our team members are critical to our success as an organization operating globally and seek to recruit, develop, and retain the most talented people from a diverse candidate pool.
For more information, please visit our website at www.ned.org or careers@ned.org.
