Senior Finance Business Partner

The National Academies of Sciences, Engineering, and Medicine value diversity in our members, volunteers, and staff and strive for a culture of inclusion in our workplace and activities. Convening a diverse community to exchange ideas and perspectives enhances the quality of our work and increases our relevance as advisers to the nation about the most complex issues facing the nation and the world.

Keck Center

National Academies of Sciences Engineering Medicine

<br /><br />The National Academies of Sciences, Engineering, and Medicine provide independent, objective advice to inform policy with evidence, spark progress and innovation, and confront challenging issues for the benefit of society. We marshal knowledge and expertise across disciplines to study complex and sometimes contentious issues, reach consensus based on the evidence, and identify the best path forward.

keywords: about the opportunity,analysis,reporting,program,management,teamwork,compliance,assist,budget,experience,knowledge, skills, and abilities,education,work environment

Full time

$85,040 - $116,930

Overview: Requisition Number: R0002243<br /> <br /> Reporting to a Senior Deputy Director or Deputy Director of Program Finance, the Senior Finance Business Partner manages and leads financial and budgeting activities for multiple and complex projects within a division's portfolio. Accountable for delivering timely and accurate comprehensive reports and financial information across boards within aligned division. Coordinates the activities of a variety of financial functions that support the program financial management activities, covering both pre-award and post-award activities for the division. Works with their Finance Service Team to provide the services needed and to support an environment of collaboration, communication, and teamwork. <br /><br />The primary duties are directly related to the financial management of assigned boards/programs. Prepares budget estimates and projections based on actual performance, previous budget figures, estimated revenue, expense reports, and other components for an assigned portfolio of projects at appropriate levels in line with established Service Level Agreements. Reviews and approves expenditures to ensure adherence to budget and other compliance requirements, such as sponsor agreements. Maintains records of expenses and budget balances and reconciles monthly financial reports. Analyzes expenditures and revenues, budget variances, and compiles regular and special statistical reports for internal and external customers. <br /><br />Applies in-depth professional level knowledge to independently solve a full range of complex problems to cultivate business success at the project, board, and division levels. Assignments are broadly defined and require judgment and creativity to complete. Has authority to take action deemed advisable or necessary, but is required to advise superiors and encouraged to team with other Finance business partners. Some persuasion, negotiation, and compromise involved in interchanges. Hires, trains, manages, and evaluates predominantly support staff. May establish processes/procedures to ensure the effective and efficient operation of somewhat complex functions.<br /><br />
Responsibilities: <div> <div> <ul> <li> <p>Operates within a matrix finance organization, supporting a work environment focused on financial compliance, responsive customer service, and teamwork.</p> </li> </ul> </div> <div> <ul> <li> <p>Provides financial management and analysis for a portfolio of multiple and complex projects within a division. Oversees timely and accurate preparation of reports &ndash; generated for boards and divisions using Workday &ndash; and constructs analyses of budget versus actual analysis monthly. Prepares financial projections and various financial reports, ensuring all reporting requirements are met, per Service Level Agreements. Assists (Senior) Deputy Director with quality assurance of project finances. Reviews, authorizes, and approves expenditures. Reconciles or oversees the reconciliation of monthly financial statements, ensuring costs are recorded timely, within budget, allowable, allocated to the correct award, and incurred within applicable period. Prepares timely cost transfers.&nbsp;</p> </li> </ul> </div> <div> <ul> <li> <p>Provides decision support for accountable board(s)/program(s), responsible for reporting and analysis of a board's financial position. Prepares the board&rsquo;s operating budget. Monitors throughout the year for accuracy and adjusts estimates as needed. Meets with board directors regularly to review budgets and ensures funds are being used appropriately. Prepares board's financial projections and various financial reports, ensuring all reporting requirements are met. Prepares projections, reviews reasonableness, and evaluate completeness of the projections.&nbsp;</p> </li> </ul> </div> <div> <ul> <li> <p>Assists (Senior) Deputy Director in monitoring compliance with institutional policies. Regularly reviews work to ensure accuracy and compliance. Generally, ensures compliance with policies, federal regulations, auditing requirements, contractual obligations, time schedules, and budgetary limitations. Responds to requests from internal and external auditors, researching audit compliance requests, compiling, and forwarding required information. Meets with auditors as necessary.&nbsp;</p> </li> </ul> <p>&nbsp;</p> <ul> <li> <p>Reviews, coordinates, and drafts final prospectuses, proposals, and contracts/grants. Prepares budget/cost estimates for proposal submission to Federal agencies and private sponsors for projects and core support. Reviews proposed sponsor agreements to assess potential contractual problems, spending limits, deliverables, and reporting requirements. Ensures that accepted agreements are in compliance with National Academies&rsquo; policies and procedures and requirements are met. Participates in discussions with applicable parties concerning scope of work, funding, schedules, modifications, etc. May have direct contact with sponsors, Boards, and Committees and participates in discussions with sponsors concerning scope of work, funding, contractual issues, schedules, and modifications.&nbsp;</p> </li> </ul> </div> <div> <ul> <li> <p>Frequently works collaboratively with their (Senior) Deputy Director and Finance Service Team to solve complex financial management problems. Oversees and works in close coordination on all escalated financial issues from counterparts in program staff. Supports implementation of new or revised OCFO policies and procedures, ensuring they are communicated and are complied with by staff and other applicable parties (e.g., committee members). Also, works collaboratively with other Office of the Chief Financial Officer units, including Travel, Payroll, Budgeting and Cost Analysis, Office of Contracts and Grants, Procurement, and the Controller&rsquo;s Office and other operating units of the National Academies regarding division financial matters as necessary.&nbsp;</p> </li> </ul> </div> <div>&nbsp;</div> </div> <div> <div> <ul> <li> <p>Oversees the financial management lifecycle of projects, as assigned by the (Senior) Deputy Director, in collaboration with the division&rsquo;s contract staff member and billing staff member, to ensure accurate award set-up, appropriate expenditures and tracking, and accurate and timely invoicing, fulfilling services defined in Service Level Agreements. Understands full contract information and leads the dissemination of information and process updates to Program staff, by providing context on processes and procedures. Organizes and leads regular meetings to align on all necessary components of a project&rsquo;s finances, particularly a kickoff meeting at the start of each contract to align on requirements. Serves as primary point of contact for responsible program staff member to remediate any concerns or issues related to project finance service. Brings to the attention of staff potential problems and irregularities. Meets with staff regularly to review budgets and ensures funds are being used appropriately. Meets with travel coordinators and administrative staff to insure accuracy of financial assumptions. Makes corrections as necessary.&nbsp;</p> </li> </ul> </div> <div> <ul> <li> <p>Reviews and approves sponsor invoicing and financial reports for all assigned projects and facilitates the preparation of documentation and support for invoice submission.&nbsp;</p> </li> </ul> </div> <div>&nbsp;</div> </div>
Requirements: <div> <div> <p> <strong>Required Knowledge, Skills, and Abilities: </strong> Comprehensive knowledge of accounting and financial principles, related federal regulations, and OMB Circulars. Ability to perform financial analyses. Comprehensive knowledge of spreadsheet, forecasting, and other computer-based financial tools, including advanced Excel skills. Ability to be highly detailed and accurate in work produced. Ability to solve intellectual problems that reflect substantial variety and complexity. Serves as a resource to others in the resolution of complex problems and issues. Ability to operate with appreciable latitude for independent judgement and action. Ability to work successfully in a team environment and to form and maintain effective teams. Experience working in complex environments with a high degree of organizational effectiveness. Ability to develop relationships with co-workers and employees in other National Academies' departments through effective communication. Excellent communication skills with a proven ability to effectively interact with all levels of employees.&nbsp;</p> </div> <div> <p><strong>Minimum Education/Training Requirements:</strong>  Bachelor's Degree in Accounting, Finance, Business, or related field, or equivalent knowledge.  MBA preferred.&nbsp;</p> </div> </div> <div> <p><strong>Minimum Experience:  </strong>Six years of related professional experience, two years of which were in a supervisory capacity (if the job includes supervisory responsibilities).&nbsp;<br /><br /></p> <div> <p><strong>Physical Capabilities:</strong>  Ability to work at a computer for extended periods of time.&nbsp;</p> </div> <div> <p><strong>Required Licenses, Certification or Registration:</strong>  None.&nbsp;</p> </div> <div> <p><strong>Supervisory Responsibilities/Controls: </strong> Reports to Deputy Director of assigned division. General direction is provided. May have supervisory responsibilities.&nbsp;</p> <p><strong>Work Environment: </strong>  Hybrid Office/Telecommute environment, expected onsite percentage 20-40%, with occasional travel between National Academies&rsquo; facilities and to off-site meeting/sponsor locations.&nbsp;</p> </div> <div> <p><strong>Compensation Range: </strong>The National Academies of Sciences, Engineering, and Medicine support equity, fairness, and transparency in our compensation programs. An estimated compensation range for this position is $85,040 - $116,930. Compensation offered to the selected candidate will be based on the candidate&rsquo;s relevant knowledge, skills, and work experience, commensurate with compensation of current employees in comparable positions with similar knowledge, skills, and work experience, and subject to budget parameters. Note it is not typical for a candidate to be hired at the higher end of the range.&nbsp;</p> <p>&nbsp;</p> <p><strong>The National Academies&rsquo; Statement on Diversity and Inclusion:</strong></p> <p>We, the National Academies of Sciences, Engineering, and Medicine (the National Academies), value diversity among our staff, members, volunteers, partners, vendors, and audiences. We recognize that talent is broadly distributed in society and that many perspectives enhance the quality of our work and drive innovation and impact.</p> <p>We pledge to cultivate a workplace culture and climate that promotes inclusion, belonging, accessibility, and anti-racism; upholds equity; and values the participation of all who are engaged in advancing our mission. By embracing the values of diversity, equity, and inclusion in our programs, institutional policies and practices, and products, we will be able to better advise the nation on the most complex issues facing society and the world.&nbsp;&nbsp;</p> </div> </div>