Finance Associate, Grants
Job Title: Finance Associate, Grants
Reports to: Finance & Accounting Manager
Location: Rosslyn, VA
At this time, GFEMS is not sponsoring applicants for work visas and is only able to consider candidates with existing work authorization in the United States.
About the Global Fund to End Modern Slavery
The Global Fund to End Modern Slavery (GFEMS) is a bold international fund forging public-private partnerships and catalyzing a coherent global strategy to end modern slavery. Our mission is to end modern slavery by making it economically unprofitable.
GFEMS will make grants across sectors and geographies with a focus on three core funding themes: rule of law, business engagement, and sustaining freedom. The Fund’s strategy also includes the development of public-private investments across key industries and innovative approaches to evaluating what works in reducing the prevalence of modern slavery. We invite you to read more about the fund’s strategy and early investment priorities at www.gfems.org.
The Finance Associate, Grants role is a central part of the Finance & Admin team, with a critical dotted line support function to the Fund’s Grant Programs team. The Finance Associate will help ensure robust and compliant financial oversight of and management for subawards, valuing over $10 million per year.
Serve as an internal resource for staff regarding budgeting and financial reporting of subawards; ensure that expenditures align with approved budgets
Monitor subaward expenditures for compliance with donor restrictions or expectations, federal regulations and specific award terms
Carry out necessary financial due diligence reviews for new subrecipients and assist in the assessment of the accounting systems and controls; make recommendations on whether grantees are eligible for advance payments
Review backup documentation that accompany monthly financial reports to ensure that documentation in relation to all sub-recipients costs is authentic and that the activity is in accordance with the approved budget and work-plan
Initiate corrective actions related to subaward variances or unallowable expenditures, where necessary. Provide technical assistance and support to subawards to help build their capacity and ensure that they have appropriate systems and procedures in place.
Supports maintenance and revision of grants-related policies, procedures, and forms for financial management of subawards, including researching and documenting evolving best-practices
Assist in the development of detailed budgets and narratives, to support business development
Coordinates subaward payments across programmatic and finance staff
Other duties as requested
Bachelor’s Degree (or equivalent experience) in accounting, finance, business, or related field
At least 3 years of intermediate to advanced finance and accounting experience, preferably with non-profit or international development organization
Experience in managing awards from the US government; experience with DFID and other government donors a plus
Strong skills in budget development and review, internal controls, and/or accounting standards
Strong computer skills (must have significant experience and capabilities with Excel) and experience with accounting software packages (preferably Quickbooks)
Extremely detail-oriented and precise
Ability to thrive in a multi-cultural, multi-lingual setting
Excellent communication skills in English language (written and oral)
Email cover letter (max 1 page) and resume in a single PDF to email@example.com. Please title document [firstname lastname] – Finance Associate and use subject line Finance Associate. Note that applications will be reviewed on a rolling basis, so interested candidates are encouraged to apply ASAP.
GFEMS provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, sex, gender identity or expression, age, sexual orientation, pregnancy, national origin, disability, veteran or military status, citizenship status, or any other characteristic protected by state, federal, or local law. Individuals from all backgrounds are strongly encouraged to apply.
GFEMS is committed to safeguarding children, young people and adults and expects all staff and volunteers to share this commitment. We take all possible measures to ensure that only those that are suitable to work within our values are recruited to work for us.