The Global Health Finance team is seeking an energetic, collaborative Finance Associate to provide business and financial support to Global Health program teams. This role is part of the Global Health Finance Team and will directly support Program Strategy Teams (PST), partnering with experts on making and managing investments in health R&D or delivery programs which the Gates Foundation funds. Key responsibilities include assessment of grantee/vendor financial position, evaluation and negotiation of investment budgets, investment structuring and continued financial monitoring of multi-year investments. Other key responsibilities include financial planning and forecasting to support the PST Director in resource allocation decisions, as well as project work to strengthen the Global Health Division in managing financial aspects of its investment (grantmaking) pipeline and individual programs. While it is yet to be finalized, the current thinking is that the hired Finance Associate will support the Malaria PST, and respond broadly to other financial planning, forecasting and modeling needs across Global Health.
The Finance Associate must be successful at influencing through effective partnership and communication skills and should have experience using financial analysis and modeling skills in advisory roles. Other critical skills for success include solution-orientation and a proactive approach to responsibilities. The ability to synthesize data is key, and strong analytic skills, both at a conceptual level and at a technical tool level are highly valued. Most importantly, the candidate must be passionate about the foundation’s mission, particularly in addressing the global health inequities that exist today. Our team values diverse backgrounds, experiences and perspective. We are highly interested in applicants with personal and/or professional international experience, particularly having worked or lived in a developing or low and middle income country. This role is based at the foundation’s Seattle headquarters and may involve travel up to 25%.
Partner with technical experts (Program Officers specializing in healthcare R&D and delivery) to provide financial and business perspectives in investment-making
Perform financial due diligence of grantees/vendors, evaluating their financial position and risks
Collaborate with grantees/vendors to develop and negotiate investment budgets for global health projects
Benchmark costs where possible to inform recommendations and advise to Program Officers
Structure investments to optimize cash disbursements in consideration of scientific and operational risks, factoring in milestones and other aspects of the product development cycle
Financial Planning & Pipeline Management
Work closely with PST leadership and Program Officers to translate PST strategy into mid and long-range forecasts and annual plans
Perform analysis and provide PST leadership with strategic and financial information to support dynamic financial resource allocation and decision-making
Manage forecast preparation, variance analysis and review process for PST Director
Create and manage financial planning tools that support decision-making and communication with senior leadership
Data & Analytics and Other Projects
Conduct data analyses to generate new insights on the Gates Foundation’s large Global Health investment portfolio, leading to improved allocation of resources and operational efficiency
Participate in complex transactions and special projects for PSTs with significant financial analysis component
Participate in cross-foundation projects to improve tools and practices in support of effective investment-making, pipeline management and operational excellence
Respond to complex and ad-hoc requests data analysis for from leadership
Core Knowledge and Skills
Experience with finance processes, such as budgeting, forecasting, reporting, financial statement analysis, etc.
Experience with organizational due diligence and financial statement analysis
Experience with grant or contract negotiation and investment structuring preferred
International work experience, in developing countries, highly preferred
Knowledge of Global Health and/or infectious diseases preferred
Strong analytical skills, ability to absorb and synthesize data, build quantitative models and distill key insights
Experience in developing, maintaining and managing dashboards and critical reports/visualizations, preferably with Tableau and/or PowerBI preferred
Advanced Excel skills
Strong relationship building skills and ability to influence without formal authority
Ability to communicate complex data and financial concepts to partners with diverse backgrounds, including leadership, program staff, grantees/vendors and other stakeholders
Ability to conduct high quality interactions and ensure clear and consistent communications with external parties (grantees/vendors and other partners)
French language skills preferred but not required
Ability to manage multiple projects and navigate multidisciplinary teams in a matrixed organization
Ability to work independently with solution-oriented mindset, intellectual curiosity and a good sense of humor
Education and Experience
Bachelor’s an/or Master’s degree with 3-7 years of relevant experience
*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.
As part of our standard hiring process for new employees, employment with the Bill and Melinda Gates Foundation will be contingent upon successful completion of a background check.
The Bill & Melinda Gates Foundation is dedicated to the belief that all lives have equal value. We’re committed to creating a workplace where employees thrive both personally and professionally. We also believe our employees should reflect the rich diversity of the global populations we aim to serve-in race, gender, age, cultures and beliefs-and we support this diversity through all of our employment practices.
All applicants and employees who are drawn to serve the mission of the Bill & Melinda Gates Foundation will enjoy equality of opportunity and fair treatment without regard to:
* Sexual Orientation
* Gender Identity
* Gender Expression
* National Origin
* Genetic Information
* Veteran Status
* Marital Status
* Prior Protected Activity
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