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Global Head of Finance

Imaginable Futures

Imaginable Futures

Accounting & Finance
Washington, DC, USA · Remote
Posted on Tuesday, June 6, 2023

ABOUT THE ORGANIZATION

Imaginable Futures is a global philanthropic investment firm driven by impact and the belief that learning is key to well-being and equitable, healthy systems. Imaginable Futures is committed to shifting inequitable systems and moving barriers standing in the way of learners, families and communities from thriving and reaching their fullest potential. To do so, Imaginable Futures collaborates with changemakers and those most impacted to solve complex education challenges and co-design solutions that work for communities. With partners across public, private and social sectors in Brazil, Sub-Saharan Africa and the United States, Imaginable Futures is co-creating transformational solutions in local, national and global contexts for learners of all ages. Imaginable Futures is a venture of The Omidyar Group. Learn more at www.imaginablefutures.com.

ABOUT THE POSITION

The Global Head of Finance (GHF) will have the opportunity to lead and develop Imaginable Future's (IF) finance systems, policies, and practices. This team member accomplishes their work by collaborating with the Global Head of Operations & Strategic Projects, the Managing Partner, and senior leaders. As an organizational leader, the GHF will be a trusted advisor in regard to Imaginable Future's accounting and budgeting principles, and will lead continuous improvement in finance operations and update IF's practices using a Justice, Equity, Diversity, & Inclusion (JEDI) framework. Additionally, as the Head of the Finance Department, the GHF will have the opportunity to build and modify the finance team structure to meet IF's financial operations needs as the organization increases partnerships domestically and internationally.

Responsibilities include, but are not limited to:

Strategic Leadership

  • Advise Managing Partner and other senior leaders on financial planning, budgeting, and policy matters.
  • Plan, coordinate, and execute the annual budget and audit processes across several entities in alignment with IF's JEDI framework.
  • Assess and update current systems, policies, internal controls, accounting standards, and procedures to ensure financial regulatory compliance.
  • Provide internal training opportunities for budgeting practices, new internal controls, and changing financial systems.
  • Assess and implement administrative and operational accounting services such as grants payment processing, payroll, accounts payable, and purchasing to increase internal efficiencies.
  • Effectively communicate on all financial matters, including with the Board of Directors, as required.
  • Complete annual portfolio valuation exercise for for-profit portfolio of investees to assess financial stability and profitability.
  • Partner with grant and investment teams and legal team to shepherd, review and approve all grants and investments.
  • Partner with HR to support administration of payroll and 401K administration.
  • Manage Finance Associate.

Finance and Accounting

  • Build and maintain relationships with outsourced partners to provide quality financial service delivery (such as back-office accountant, bank, payroll provider).
  • Leverage technology to maximize efficient and effective finance management, recommend process and financial software improvements, as required.
  • Work in partnership with funder-facing staff to develop forecasts and track secured funds.
  • Build budgeting and analytical tools and processes to support department teams, enabling timely data-driven decision making, financial accountability, and executive insight into budget and financial trends.
  • Develop and oversee projection processes and reporting mechanisms; conduct appropriate analyses to inform decision making, such as variance analyses and new initiative implementation.
  • Ensure that financial policies and procedures are in compliance to legal policies in each market IF operates in to provide reasonable assurance that IF's assets are protected.

CANDIDATE REQUIREMENTS:

  • Passion for social impact and commitment to leading with and advancing JEDI principles.
  • Demonstrated commitment to IF's core values, mission, and programs and to serving investees.
  • Expert at developing internal processes that are aligned with organizational values and vision.
  • Comfort and familiarity with fund management and accounting.
  • Deep appreciation for analytical rigor and clarity.
  • Sharp communication skills including excellence in writing, presenting, and training.
  • Strong interpersonal skills including the ability to work collaboratively with colleagues and partners around the world.
  • Self-reliant, problem solving with a results and customer service orientation.
  • MBA or equivalent degree (preferred).
  • 10+ years of experience in business finance; 3+ years at a fund (preferred).

We view this section as a guide, not a checklist. We encourage you to apply even if you don't satisfy every single bullet on this list.

Location:

Remote; Preferred states: CA, TX, CO, CT, MI, VA, MA, DC, DE, NC, MD, NY.

COMPENSATION AND BENEFITS:

The estimated annual salary for this role is $224- $280K, however the exact salary will vary, based on location and experience.

In addition to the salary, employees of Imaginable Futures also enjoy a strong total rewards package that includes:

  • Comprehensive medical, dental, and vision benefits
  • Life and Disability Insurance
  • Paid Parental leave
  • Paid time off
  • Dedicated professional development funds
  • A competitive contribution towards your retirement plan
  • A monthly health and wellness stipend
  • A monthly cell phone allowance

Imaginable Futures is an equal opportunity employer. All qualified applicants will be considered for employment without unlawful discrimination based on race, color, creed, national origin, sex, age, disability, marital status, sexual orientation, military status, prior record of arrest or conviction, or current employment status.

Imaginable Futures Commitment to Diversity, Equity and Inclusion

Justice. Equity. Diversity. Inclusion. What we call our "JEDI" principles inform everything we do — they guide our beliefs, drive our strategy and shape our culture, operations and actions. As a global philanthropic investment firm we understand our power and our privilege in a system built on white supremacy and other forms of injustice. At Imaginable Futures, we are made up of compassionate changemakers who believe that the diversity in viewpoints and cultural perspectives is not only a strength, it's a requirement. As justice seekers, we fight against injustice and use our voices and actions to advocate and catalyze change. As courageous learners, we recognize that our "JEDI journey" is life-long as we continue to learn, adapt and push for advancement. As inclusive collaborators, we take the time to listen to each other, our partners, and the communities. As authentic communicators, we welcome conversations around hard and difficult topics, examining our own implicit and explicit biases. And, as grateful celebrators, we strive to always cheer for the victories, however big or small, that get us to a more just, equitable, diverse and inclusive world. If this is you, come join us on this transformational journey.

On-Ramps is deeply committed to diversity, equity, and inclusion. We believe social change happens when people with a wide range of backgrounds, experiences, and identities come together with a common purpose. We're partnering with the team at Imaginable Futures to build a diverse team. We encourage candidates from all backgrounds to apply.

Qualified Individuals, please apply here: https://www.on-ramps.com/jobs/3029

If we can make the application process easier through accommodations in the recruitment process, please let us know.