Assistant Financial Journalism Jobs (NOW HIRING)

Media Development Investment Fund (MDIF) is seeking to appoint a full-time highly competent and organized professional for the position of Financial Planning and Grants Analyst in our New York City office.

The successful candidate will lead MDIFs financial planning and reporting processes including creation of annual operating budgets, program grant budgets and periodic forecasts, variance reports, and analyses. This position will be responsible for creating plans and communicating financial results to varied audiences, including MDIF management, funders, and Board of Directors.

As a member of MDIFs finance team based in MDIF's New York City office, the position will report to the CFO and work collaboratively across MDIFs global organization.

Duties include:

• Work with program and regional staff to develop budgets and forecasts for all programs, grants, departments, and offices globally.
• Oversee the financial reporting of all departments, regions and grants (restricted or unrestricted) and ensure that reporting guidelines are met as stipulated per grant agreements.
• Communicate with departments and regional staff regarding a variety of financial matters, including but not limited to budgeting, allocations and reporting.
• Maintain restricted and unrestricted grant budget to actual report templates and report balances per grant, monthly or as requested.
  • Monitor and maintain all active grants and related coding (fund, activity, etc.).
  • Submit Budget to Actual reports to Chief Program Officer and program directors quarterly or as needed.
  • Assist regional offices with the allocation of funds toward fixed costs
    • ensure that accurate and appropriate percentages/allocations are maintained
    • provide analysis of grant coverage as needed (particularly when drafting proposals)
  • Review and approve coding for contracts and payment requests related to restricted grants.

• Monitor and ensure compliance with internal controls, company policies and procedures.
• • Maintain Grants Receivable schedule and update unrestricted and temporarily restricted net asset schedules monthly.
  • Maintain salary allocation spreadsheet.
  • Coordinate with the development team to reconcile grant revenues to meet all donor requirements and deadlines and to maintain fiscal year allocation of grant revenues.
• Provide assessment of financial implications for proposals and new projects.
• Review regional offices expense and advance requests.
• Manage annual grant audits and support annual statutory audits (i.e. gathering support for payments, preparing financial reports for submission to auditors, reviewing audit drafts and comments, etc.).
• Assist with coordination of cash flow projections and reporting.
• Perform ad-hoc financial modelling and reporting requests.
• Contribute to an array of cross-disciplinary projects and initiatives, as well as drive continuous improvements in financial processes, systems, tools, and documentation.
• Other duties as assigned.

Education: Minimum of a bachelors degree in accounting/finance or related professional training in grant reporting.

Experience: At least three years of progressively responsible work experience, preferably in FP&A or grants administration; experience with accounting, financial planning and grants-management software and general ledger analysis.

Related Skills and Knowledge:

• Excellent financial analysis, written and verbal communication skills in English.
• Advanced experience and proficiency in Microsoft Excel and PowerPoint required.
• Experience and proficiency with Business Intelligence (BI) or Corporate Performance Management (CPM) tools (e.g., Power Pivot, Power BI, Tableau, DataRails, Prophix, Solver, Tagetik, TM1, EssBase) preferred.
• Strong organizational abilities with attention to detail in a fast-paced environment is essential.

• Experience in a complex multi-entity, multi-national corporation, or not-for-profit preferred.

• Ability to work independently and across teams as a global subject matter expert.
• Identification with MDIFs mission and a passion for Freedom of the Press.
  

About Media Development Investment Fund:

MDIF is a not-for-profit impact investment fund specializing in the media sector, principally in news businesses in countries where the press is not free. We are an organization of 65 people working across the globe. Headquartered in New York with offices in Prague and Belgrade, we have regional representation in countries around the world including Colombia, India, Indonesia, Poland, and South Africa.

Since 1995 MDIF has invested $323m in 153 independent media businesses in 48 countries, typically where the independence of journalism cannot be guaranteed and access to information is under threat. Our financing helps independent media companies fulfill their commercial potential while safeguarding their editorial independence. We work with a range of businesses from early-stage ventures to established players seeking to expand audiences or diversify revenues. The companies we partner with often lack access to investment capital, and all companies in our portfolio are committed to the highest standards of independent, quality journalism.

Total Compensation includes:

Salary Range $80k 95K (commensurate with experience)

Paid Time Off / Paid Sick Leave / Paid Personal Days

Up to 100% medical and dental benefits for employees and family members

Generous employee 401(k) contribution - no match required

To Apply:

Please send your Resume and Cover letter.

MDIF is an equal opportunity employer.

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