Cash Analyst and Donor Reporting Manager
Position: Cash Analyst and Donor Reporting Manager
Location: Washington D.C.
Reports To: Global Controller
About RI: Relief International is a leading nonprofit organization working in 20 countries to relieve poverty, ensure well-being and advance dignity. We specialize in fragile settings, responding to natural disasters, humanitarian crises and chronic poverty.
Relief International combines humanitarian and development approaches to provide immediate services while laying the groundwork for long-term impact. Our signature approach — which we call the RI Way—emphasizes local participation, an integration of services, strategic partnerships, and a focus on civic skills. In this way, we empower communities to find, design and implement the solutions that work best for them.
Under general supervision of the Controller, the Cash Analyst and Donor Reporting Manager will be responsible for cash forecasting and daily transactions including cash management and cash reporting activities. Using RI’s Financial System, the incumbent will also perform financial analysis of project funding, receivables, and spending, as well as compliance activities.
ESSENTIAL RESPONSIBILITIES & DUTIES:
Prepare daily cash reports and determine organizational funding needs
- Forecast and monitor short and long-term cash position, and provide actual vs. forecast cash variance analysis by analyzing and using the information provided by country offices with the Request for Funds (RFF) form
- Monitor daily cash flow to ensure adequate resources are available in the operating accounts for weekly planned payments.
- Manage the Global Liquidity forecast and analysis process, including leading process improvements and forecast model changes as transaction changes
- Provide oversight and mentor field offices to plan and monitor country cash flow requirements to ensure smooth implementation of programs. Ascertain the reasonableness of field requests and the availability of approved documentation
- Review, initiate and complete all domestic wires and foreign currency transactions/requests coming through GSO for payment; process and coordinate intercompany transfers between U.K and U.S. offices
- Serves as main contact person for resolving banking related issues
- Maintain subsidiary ledger for projects Billed and Unbilled receivables; reviews project funding against receivable and cash advance balance; coordinate project funding shortfall with program and contract staffs, and support opportunities to improve payment and receipt cycle of grants and donor payments.
- Conduct and document moderate to complex financial analysis of project funding to revenue
- Ensure timely recording of transactions, cash management, and banking
- Prepares/reviews account analysis and reconciliations timely and accurately with proper approvals and performs monthly and annual close as requested
- Manages cash balances and cash flows, including processing USG funding draws
- Reviews and approves G/L reconciliations or adjustments as requested
- Calculates and records monthly revenue recognition including properly deferred revenue and receivables balances
- Develop and maintain RI’s process to track and report on bank accounts and the related characteristics e,g, signers on bank accounts and banking services
- Draft banking resolutions and delegations, work to obtain these documents required by banks for bank accounts; update as necessary
Donor Reporting 40%
- Work with Pricer to ensure that donor reporting is recorded and reconciled to accounting system
- Work closely with Regional/Country Field Finance Team on reconciliation and submission of donor reports in compliance with award
- Reconcile Donor Reports submitted at the Country Offices and HQ to Accounts Receivable balance.
- Prepare Donor Financial Reports for USG grants and contracts
Other Duties 10%
- Support the Controller and CFO in the preparation and presentation of material to the Executive team or Board as requested
- Assist Global Controller and CFO on various compliance activities
- Assist to addresses and resolves accounting issues and/or serves as a liaison for cross-functional team resolution
- Provide support as needed in developing systems and processes.
QUALIFICATIONS & REQUIREMENTS:
- Bachelor’s Degree in Accounting or Finance; advanced degree or MBA a plus
- A minimum of 5 years of relevant experience in the INGO sector.
- Experience using any of the major financial systems
- Advanced proficiency with financial modeling in MS Excel
- Strong quantitative and risk analysis skills
- Strong analytical and financial modeling skills
- Proven analytical and proactive problem solving skills
- Experienced with donor funding including U.S. government grants and Non-US government grants such as UN, EU, ECHO, UKAID, etc.
- Excellent communication (oral and written) skills
- Has the ability to work independently or within a team, successfully prioritize and manage multiple tasks simultaneously
- Absolute discretion and confidentiality regarding sensitive information
- Ability to work well under pressure in a fast-based environment.
- Ability to exercise sound judgment and problem solving skills
We uphold the Humanitarian Principles: humanity, neutrality, impartiality, and operational independence. We affirmatively engage the most vulnerable communities. We value:
- Transparency and Accountability
- Agility and Innovation