Bill & Melinda Gates Foundation

Program Chief Financial Officer

Bill & Melinda Gates Foundation

Job Description

At the Bill & Melinda Gates Foundation we believe that by creating an environment for our employees to personally and professionally thrive, we will have maximum impact toward our missions to achieve our vision. To learn more about our vision and missions, please visit our website at www.gatesfoundation.org. To learn more about career opportunities at the Bill & Melinda Gates Foundation, please visit our Careers site at www.gatesfoundation.org/careers. Leadership & Culture Our culture shapes our choices about what we do and how we do it. We believe that energized people, working well together, fueled by great leadership in an inclusive environment can do extraordinary things. We expect foundation employees to intentionally and consistently embody our four agreements; show respect, offer trust, be transparent, and create energy. We expect foundation leadership to demonstrate our leadership principles and management expectations. As a people leader, you are responsible for:
  • Creating a culture for impact by shaping an environment where your team thrives, and their unique perspectives and identities are valued

  • Strategy development, refinement and management to ensure your team goals align with overall foundation strategies

  • Nurturing people and building great teams by prioritizing collective success, team development, setting expectations and assessing performance

Position Summary The Program Chief Financial Officer (PCFO), is responsible for all major program financial functions and processes, and serves as the key interface between Program Leadership and other Finance and Resource Planning functions. The PCFO also collaborates with the Foundation CFO on foundation-wide initiatives and functions, and will act as an in-house specialist across the foundation on an agreed upon functional need (e.g. partner organizational effectiveness, modeling work, Business Development, costing etc.)  This position reports directly to the CFO and sits on one or more Program Division’s leadership team(s) and is part of the foundation’s Senior Leadership team.  The PCFO is the manager of Financial Planning and Analysis staff deployed to their aligned programs.  Supporting the foundation’s growth and vision, this role will strengthen Financial Planning and Analysis capabilities and provide an enhanced level of service and accountability to program teams and regional offices, internal clients, and foundation leadership while ensuring good stewardship of foundation resources. The Program CFO will act as a leader for all financial management work in programs and builds a deeper alignment between finance functions and program strategy leads, operations, and Business Support staff. Core Responsibilities
  • Financial Management & Leadership: Owns program process to align with foundation planning cycle; uses analytics to advise financial decisions for program leaders/president; Leads all aspects of sophisticated projects that require financial expertise; facilitates program resource allocation process.

  • Investment Development & Management: Acts as a critical thought partner, provide functional expertise to program teams on investments including partner organization due diligence.  Provide input to Investment portfolio management decisions in support of planning, forecasting and tradeoff decisions.

  • Structuring & Making Deals: Supports origination and structuring of complex investments across program (grants, contracts and PRIs); manages program financial risks; owns financial due diligence.  May play a key client-facing role with external partners on complex transactions.

  • Financial Planning and Analysis Service Delivery Lead: Serves as bridge and primary source of program input to Finance COEs; co-creates policies and processes that impact program; ensures program policies conform to foundation-wide standards and provide appropriate results.

  • Relationship Management: Builds and maintains strong relationships with president and other program leadership as thought partner and to make sure financial needs are supported.

  • Foundation Coordination: Coordinates with Foundation CFO and other Program/Operational CFOs to share best practice, develop policy and provide input on overarching issues.

  • Team Management: Leads and manages a team of diverse program financial managers and associates that provide global financial support across the foundation. Prioritizes diversity, equity, and inclusion and acts on these priorities by encouraging diverse, equitable and inclusive practices to build a work environment where everyone can do their best work in contributing towards our impact. Hires the talent needed to achieve our goals, ensuring successful employee onboarding, communicating performance expectations, creating goal alignment, integrating project and Change Management, giving and seeking feedback, providing mentorship, measuring progress and holding people accountable, supporting employee development, and recognizing achievement and lessons learned.

  • Assurance: Coordinates with the Assurance and Risk Management team on grantee audits and finance-facing internal audit and advisory engagements. Contributes to the foundation risk register.

  • This role is responsible for high quality interactions and clear and consistent communications with grantees and partners in the field.

  • Active leader in the finance leadership team and with other PCFOs in developing strategy and goals aligned with the operations framework.

Position Reports to: Chief Financial Officer Core Knowledge and Skills
  • Strong financial and analytical background with focus on skills that facilitate decision making (e.g., NPV Analysis, cash flow forecasting, etc.)

  • Ability to influence without authority, establish trust and rapport, and develop consensus amongst diverse perspectives to reach creative solutions

  • Deal-making experience

  • Positive relationship management skills

  • Strong Communication skills

  • Ability to Design and lead efficient process to deliver budget and key financial analyses

  • Project management skills

  • Strong and inspiring leader and able to be influential across functions and roles

  • Ability to effectively encourage and direct staff (including cross-functional teams): professional development, recruitment, termination, time management and portfolio management.

  • Knowledge of business and or public health principles and processes

  • Some content expertise in a program associated field is helpful, e.g. Health, Development, Policy/Advocacy, US Education

  • Ability to navigate complex matrixed environments

  • Intellectual quickness, creativity, curiosity, discipline and resourcefulness.

Education and Experience
  • Master’s/MBA degree

  • At least 15+ years of demonstrated ability to include leadership roles, or equivalent progressive senior level experience within Financial, Management Consulting, and companies working in Program-related fields.

*Applicants for this role will only be considered if they possess current US Work Authorization, and do not require employer-sponsored VISA support to begin or remain in this role.
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