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Company Name: Results Educational Fund
Job Industry: Financial Services
Job Type: Full time
WorkPlace Type: On-Site
Location: Washington, District of Columbia, United States
Salary:
$
38.00
Job Description:

Full-time

Starting Salary-$80,000.00

Exempt

Location requirement-Washington, DC metro area

Desired start date-August 16, 2023

Summary

RESULTS is a movement of passionate and committed people whose mission is to create the political will to end poverty in the United States and around the world. RESULTS empowers individuals to exercise their personal and political power for change by mobilizing the voices of grassroots constituent advocates throughout its nationwide network to leverage public investment in programs and improved policies that reduce poverty and inequality. Over the last 40 years, RESULTS advocates have been building strong relationships with members of Congress, engaging with the media, and collaborating with an array of partners throughout the country and around the world.

The Grants Administration Team is central to RESULTS Educational Fund’s overall effective operations, assuring appropriate usage of restricted grant funding across personnel and activities. It is partner to the Development Team in developing financial plans, donor reports and proposals, and manages financial relationships with affiliated grant-funded international organizations and collaborates closely with them on workplans and reporting.

Reporting to the Director, Grants Administration, the Grants and Financial Analyst plays a significant role in budgeting needs for new funding opportunities and renewal and post-award grant management for the organization by analyzing and processing financial data related to grant funding, collaborating on financial and operational tool evaluation and implementation, and reviewing and assessing the grants budgeting process.

Responsibilities

Analysis and Reconciliation:

- Develop coding systems by grant type which track funds by donor requirements, sub-objectives, geography, and which also link to project funds across other grants and organizational resources.

- Track monthly grant and unrestricted spending, develop tools, trouble shoot for errors or changes needed, communicate expected areas of under or overspend to Director.

- Prepare journal entry change requests; identify needs for adjustment, allocate their appropriate percent, and confirm change corrects issue.

- Adjust personnel allocations monthly based on monthly changes to grants as well as lobbying reports on timesheets.

- Forecast expenditures including impact of personnel allocation changes above; keep Director aware of potential problem areas or opportunities; monitor and oversee project charges and expenditures; oversee correction of inaccuracies.

- Forecast grant spending based on differing grant periods and REF fiscal year.

- In coordination with the Director of Grants, prepare financial data and reports for the CFO or other analysis as requested.

- Participate in budget planning/status meetings with Director of Grants Administration and Budget Directors as needed, convey complex financial concepts and budget/expenses analyses to non-financial management and staff.

- Understand program interactions and overlaps between grants, suggest strategic use of grants funds that maximize program objectives.

- Understand complexities of donor relationships and be a thought partner to Director of Grants Administration and Budget Directors on how to spend grant fund appropriately.

Strategic Proposal Support

- Collaborate with program and development staff to create internal and external proposal budgets that will maximize organizational net income, incorporating information from other grants and projects and from grants and finance team members.

- Budgeting for proposals using automated systems that are tailored to each proposal and that calculate full project costs based on other grants and organizational resources as applied.

- Create budget development system capable of showing grant requests in the context of full project budgets which may span different timelines and require adjustments to budget categories.

- Create any additional tools/calculations needed for proposals including estimated lobbying costs, total project funds, exchange rate estimates and costs by geography.

- Provide tools and data analysis for donor questions both within the context of a proposal and during a grant period.

External Reporting

- Prepare financial reports to donors, including troubleshooting before and during reporting, and identifying key spending data for budget narratives on variances in spending. Create any additional tools/calculations needed for donor reports including total project funds, interest earned, exchange rate changes, costs by geography, etc.

- Analyze financial information for donor reports and suggest changes among complementary grants and funds, as appropriate.

- Prepare and analyze organizational financial reports for the Board, auditors, and external vendors as necessary, including audit schedules as assigned.

Tools Creation and Management

- Design and evaluate specific budget and reporting tools in Excel for sub-grant, sub-contractor, and other contracted projects with an eye toward improvements that increase the team’s effectiveness and overall capacity; ensure best means of addressing changes as well as integration into organizational financial systems.

- Provide analytical support to teams in budgeting for sub-categories of approved grants once awarded.

- Prepare tools for use by finance and grants administration staff to apply multiple codes to hotel bills, major events, etc. across complex grant and lobbying allocations.

- Re-engineer and implement current templates to facilitate efficient business operations, work with internal and external parties to develop solutions. Identifies and analyzes needs and concerns, understanding breadth of the organization and operating conditions to ensure solutions address organization mission.

Qualifications

- Bachelor’s degree in finance, business, accounting or related field or its equivalent in work experience.

- Five years of work experience required, with a focus in comprehensive grants accounting and reporting of multi-year, multi-geographical grants up to $25MM preferred.

- Ability to interpret contracts, requirements, and policies relating to grants.

- Understanding of grants and non-profit finance.

- Experience in grant spend tracking and related proposal budgeting.

- Strong analytical skills with an expertise in Excel, ability to create tailored and complex Excel tools and to train others in their use.

- Excellent interpersonal skills, high degree of emotional intelligence and cultural sensitivity.

- Sharp time management skills, including comfort and agility in changing focus as needed to meet new donor and other opportunities; demonstrated ability to multi-task in a fast-paced environment.

- Must be results and service oriented, able to move work forward with minimal supervision.

- Command of MS Office Suite products, Sharepoint.

- Comfort working remotely.

Benefits summary

Health Insurance

· For all staff and their families, RESULTS Educational Fund pays 100% of the premiums and out-of-pocket costs (deductibles, co-pays, prescriptions, etc.) for our CareFirst reference plan, which includes medical and dental coverage.

· Coverage begins on the first day of the month following (or coinciding with) your start date.

Flexible Spending Accounts

· RESULTS offers flexible spending accounts for medical, dependent care, and transportation/parking costs to which employees may contribute with pre-tax payroll deductions.

· Employees are eligible for flexible spending accounts on the first day of the month following 90 days of employment up to the limits allowable by the IRS.

Retirement & Other Benefits

· RESULTS offers a 401(k) Retirement Plan which has both pre- and post-tax contribution options.

· Employees are eligible to enroll on the first day of the month following their date of hire.

· To enroll, an employee must designate an individual contribution (via payroll deductions) and choose from among a variety of investment options.

· In addition, RESULTS will begin making an employer match on the first day of the month following an employee’s one-year service anniversary. Under a Safe Harbor Agreement, RESULTS has agreed to match 100% of the employee contribution up to 3% of salary, then match 50% on any additional contributions up to 5% of salary.

· RESULTS also offers short-term disability, long-term disability, and life insurance coverage at no cost to employees. Short term disability insurance monthly benefit maximum: 60% of weekly earnings to a maximum of $1,500. Long-term disability insurance monthly benefit maximum: 60% of monthly earnings to a maximum of $6,000. The life insurance benefit amount is one year’s salary up to $300,000 maximum. The effective date for this coverage is the employee’s date of hire.

Annual Leave

· RESULTS offers generous paid annual leave earned on an accrual basis and carried forward from year-to-year but capped at the following levels: 15 days of vacation, 10 days of sick leave, and 5 days of personal leave.

· All leave (other than emergency sick leave) must be approved in advance by the supervisor.

· New employees will earn leave pro-rata based on their date of hire and may use vacation and personal leave upon successful completion of 90 days of employment.

· RESULTS generally observes nine (9) official holidays each year. In addition, all offices are closed between the Christmas Day and New Year’s Day holidays with no requirement to use annual leave.

Equal opportunity statement

RESULTS EDUCATIONAL FUND'S COMMITMENT TO

ANTI-OPPRESSION, DIVERSITY, EQUITY, AND INCLUSION

RESULTS believes that poverty cannot end as long as oppression exists, and it is committed to creating an equitable workplace. People of color, members of LGBTQ+ communities, and people with firsthand experience of poverty are strongly encouraged to apply. RESULTS is an equal opportunity employer and does not discriminate on the basis of race, color, age, disability, religion, ethnicity, national origin, gender, or sexual orientation. Poverty cannot end as long as oppression exists. RESULTS commits to opposing all forms of oppression, including ableism, ageism, biphobia, classism, colonialism, homophobia, racism, religious discrimination, sexism, transphobia, white saviorism, and xenophobia.

RESULTS pledges to create space for all voices, including those who are currently experiencing poverty. It will address oppressive behavior in its interactions, families, communities, work, and world. Its strength is rooted in its diversity of experiences, not in its assumptions.

With unearned privilege comes the responsibility to act so the burden to educate and change doesn’t fall solely on those experiencing oppression. When RESULTS misses the mark on its values, it will acknowledge its mistake, seek forgiveness, learn, and work together as a community to pursue equity. There are no saviors—only partners, advocates, and allies. RESULTS agrees to help make its movement a respectful, inclusive space.

Process for applying

Due to the volume of submission, we will not be able to respond to all applicants. Please send a cover letter and your resume to jobs@results.orgsubject line: “Grants and Financial Analyst.” Applications will be reviewed on a rolling basis and interviews will be scheduled with qualified candidates.

Please note all applicants must be authorized to work in the United States; RESULTS is unable to sponsor work visas for this position at this time.

This position is based in Washington, DC. Due to COVID-19, all staff are currently working remotely/hybrid and following the CDC COVID-19 guidelines. This position will be expected to work from RESULT’s office in Washington, DC once conditions for return are met.

Job Type: Full-time

Pay: $80,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • Monday to Friday

Ability to commute/relocate:

  • Washington, DC 20005: Reliably commute or planning to relocate before starting work (Required)

Work Location: Hybrid remote in Washington, DC 20005

 

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