Director, Financial Planning and Analysis; MF

Position: Director, Financial Planning and Analysis (MF)
Director, Financial Planning and Analysis (MF)

Posted on February 25, 2020

About Us

The John

D. and Catherine T. Mac Arthur Foundation supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. Mac Arthur is placing a few big bets that truly significant progress is possible on some of the world’s most pressing social challenges, including over-incarceration ,global climate change ,nuclear risk , and significantly increasing financial capital for the social sector .

In addition to the MacArthur Fellows Program , the Foundation continues its historic commitments to the role of journalism in a responsible and responsive democracy, as well as the strength and vitality of our headquarters city,Chicago .

Mac Arthur is one of the nation's largest independent foundations. Organizations supported by the Foundation work in about 50 countries. In addition to Chicago, Mac Arthur has offices in India ,Mexico , and Nigeria .

About the Position

The Office of Finance is responsible for all accounting, banking, payroll, budget, internal control, tax, audit and financial reporting for the Foundation and subsidiary operations. The Office is also responsible for maintaining the financial enterprise systems and end user support and training.

The Director, Financial Planning and Analysis leads the Finance Planning team in the Office of Finance. The Director is responsible for day-to-day planning, implementing, managing and controlling the financial operations of the Foundation. This includes production of periodic financial reports, budget planning documentation, ad hoc financial modeling and ensuring that reported results comply with generally accepted accounting principles. The Director, Financial Planning and Analysis must exercise professional judgment and assume responsibility for decisions that have an impact on the Foundation, its staff, and quality of service.

Job Description

Essential Duties and Responsibilities:

Leadership Responsibilities:

• Manage the Foundation’s financial area direction and strategy, including understanding the implementation of new regulations on financial reporting, issues and directions in finance, and communicating the same to senior staff with recommendations; communicating the strategy to staff, defining and clarifying operational financial priorities; communicating clear roles and responsibilities, and identifying efforts with the greatest strategic impact

• Participate on the Foundation’s Budget and Compensation Committee; meet with the President and CFO to discuss budget and other financial issues

• Contribute to best organizational governance practices by recommending, implementing and administering policies, procedures and practices best suited for the Foundation

• Act as a catalyst of change and pave the way for changes; be willing and able to adjust to multiple demands, shifting priorities, ambiguity, and rapid change

• Interact with the Controller on issues impacting the department

• Build relationships with Foundation staff, grantees and external audiences

Finance Operations:

• Manage the financial systems and reporting for a $7 billion organization

• Oversee the finance functions for Lever for Change

• Monitor changes and maintain compliance with federal, state, and local legal requirements

Reporting and Analysis:

• Oversee enterprise, cross Foundation reporting

• Create executive level dashboards and scorecards

• Formulate key performance indicators (KPIs)

• Create models for financial metrics and trends

• Direct management reviews as selected by the Foundation’s Budget and Compensation Committee

• Oversee the system configuration, implementation and integration of the Foundation’s financial systems

• Co-lead the financial systems training

• Oversee the financial systems’ maintenance and administration

Staffing:

• Create the structure of the Financial Planning team within the Finance department and make all hiring decisions

• Set clear performance expectations and measures; provide coaching and feedback to improve performance, acknowledge and reward people for a job well done, and manage staff learning, training and development

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