About IDinsight

We amplify social impact by partnering with leaders to develop tailored solutions. Our mission is to use data and evidence to help leaders combat poverty worldwide.

IDinsight is a mission-driven global advisory, data analytics, and research organization that helps global development leaders maximize their social impact. We tailor a wide range of data and evidence tools, including randomized evaluations and machine learning, to help decision-makers design effective programs and rigorously test what works to support communities. We work with governments, multilateral agencies, foundations, and innovative non-profit organizations in Asia and Africa. Our work spans a wide range of sectors, including agriculture, education, health, governance, sanitation, financial inclusion, and other areas.

We have expertise in a variety of rigorous approaches and methodologies, which we tailor to each client depending on their needs and constraints. To achieve a positive social impact we:

• Support clients’ use of data and evidence for routine and major decision-making.

• Inform funding decisions – toward high-impact initiatives and away from less effective programs or approaches.

• Create and share tools, knowledge, and ideas that expand the use of data and evidence for social good.

Our diverse, growing team of 200+ outstanding colleagues operates in nearly two dozen countries around the world. Learn more about our mission and values at www.IDinsight.org.

About the Senior Associate, FP&A Role

The Senior Associate will play a critical role in IDinsight’s financial health by analyzing and reporting on project and regional financials. This position involves close collaboration with client development teams to ensure accurate budgeting, forecasting, and reporting. Additionally, the role will support the modernization of financial systems, including the implementation of the organization's ERP system. This position reports to Manager FPNA

Key Responsibilities

1. Project Budgeting, Forecasting, and Management

• Budget Development: Collaborate with client development team members to review and finalize project budgets using the IDinsight template.

• Process Ownership: Maintain ownership of the project budget template and process, identifying and implementing improvements on an ongoing basis.

• Database Management: Develop and populate a comprehensive database to record historical costs in various project locations to facilitate accurate and efficient budget preparation.

• Variance Analysis: Review budget vs. actuals for each project on a monthly basis to identify early indicators of deviation and collaborate with project teams to implement necessary course corrections.

• Client Liaising: Convert approved budgets into specific client templates as required and work with the Director - FP&A for final review of project budgets.

2. Regional Financial Tracking and Analysis

• Regional and Functional P&L Management: Track and analyze financial performance at the regional level, ensuring alignment with organizational targets.

• Regional Variance Reporting: Consolidate project financials to produce regional budget vs. actual reports, highlighting trends and variances for regional leadership.

• Regional presentations: Prepare decks that deliver insights for decision making based on financial analysis on a monthly basis

3. Financial Reporting

• Monthly Reporting: Responsible for various reports relevant for decision making

• Utilization Analysis: Prepare and analyze monthly staff utilization reports to support resource planning and efficiency.

• Data base management - Maintain various internal databases such as Funders and Awards Data and refresh various internal and external dashboards on a regular basis

• External & Internal Reporting: Prepare project-level financial reports for internal management use as well as for meeting contractual obligations to external clients.

• Advisory Support: Support project teams by providing tools, analysis, and guidance in areas including contract negotiations and billing rate analysis.

4. Systems and Training (ERP Focus)

• ERP Implementation Support: Assist in the rollout and implementation of the organization’s Enterprise Resource Planning (ERP) system, ensuring data integrity and user adoption.

• Capacity Building: Provide global and specific training to project teams regarding the high-level elements of budget preparation and financial compliance.

5. Other

• Support other global financial and related tasks as and when required

Required Qualifications

• Masters’ degree in Accounting, Commerce, Finance, or other relevant area; Chartered Accountants preferred

• 2-3 years of professional experience in a similar role at a multinational corporation (MNC)

• Strong oral and written communication skills in English;

• Passionate about global development and social impact;

• Detail-oriented and able to execute multi-faceted tasks with a high amount of autonomy;

• Keen eye for accuracy in data-entry and validation;

• Strong ability to maintain integrity and confidentiality in complex situations, and handle sensitive information, data, and issues with mature and discreet professionalism;

• People-focused and people-facing, with high levels of empathy and desire to listen to and share in teammates’ victories, concerns, and needs;

• Strong desire for professional growth and development, with willingness to give and receive frequent and candid feedback;

• Ability to work with international, cross-cultural, and diverse teams.

Professional development

Skills and career development are core to IDinsight's values and long-term impact strategy, and have been noted highlights of teammates’ experiences. IDinsighters receive significant mentorship from IDinsight leadership, support from talented peers, and are given considerable autonomy when ready. They maintain professional development plans and are given "stretch" opportunities designed to strengthen a variety of skills. Real-time feedback is embedded in our culture and formal structure enables maximum professional growth. Additionally, teammates have access to an annual professional development stipend which they are encouraged to utilize to explore their career interests and develop their skills.

Nuts & bolts

Location

This position is based in IDinsight’s office in New Delhi, India. Preference will be given to those who do not require IDinsight to sponsor work authorization; however, IDinsight will seek work permits where possible for exceptional candidates.

Start date

The start date of this position is immediate, with preference for candidates that can start as soon as possible.

Work authorization

IDinsight is able to sponsor employment visas; however, we will prioritize candidates who do not require IDinsight to sponsor work authorization.

Compensation

Compensation and benefits are commensurate with the qualifications and experiences IDinsight is hiring for, and competitive within the global development sector. We are especially proud of the people-focused benefits we offer: comprehensive health insurance, including mental health coverage; paid vacation, sick, and parental leave; travel stipends; technology and work from home stipends; professional development funds; and more.

Please note, as a non-profit, we are unable to provide compensation similar to leading private sector organizations.

How to apply

How to apply

Please click the "Apply for this job" button at the top right. Applications are rolling and considered as they are submitted. The application asks various questions in order for us to get to know you and requires a CV.

Please ensure that your CV includes relevant professional and personal experience as well as details on academic qualifications. CVs can range from one to two pages. Please note, headshot photographs, parental details, birth dates, marital status, and other personal information not relevant to the application do not need to be included in your CV.

More information, including details on IDinsight’s hiring process and frequently asked questions, can be found online at IDinsight Careers. Any questions should be directed to careers@IDinsight.org.

IDinsight’s commitment to reducing power asymmetries

IDinsight is committed to reducing power asymmetries in the social sector. Our commitment to diversity, equity, and inclusion reflects our understanding of the need for the sector to abandon unhealthy practices of the past. We wish to be part of a new generation of international NGOs who are honest about this history and transparent about our role in the present. Our commitment is also aligned with the impact of our work.

We seek a workforce that is inclusive of a variety of perspectives that will help us refine and improve our methods and relationships, and strengthen the services we provide our clients and their communities or constituencies. The following commitments represent our vision for the IDinsight team:

1. IDinsight will have greater representation from the populations with whom we work and clients we serve.

2. IDinsight will have greater representation from the countries in which we work.

3. Across all countries in which we recruit, we will seek greater representation from historically excluded communities.

4. IDinsight will foster an inclusive work culture that empowers a diverse team to do their best work.

IDinsight is committed to non-discrimination in our recruitment, employment practices, and organizational culture, regardless of people’s age, disability, gender, gender identity, genetics, national origin, race, color, religion or belief, sexual orientation, protected veteran status, or any other characteristic or status protected by applicable law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.