Advisor, Portfolio Management (P3)

Save the Children

For over 100 years, Save the Children has been fighting for the rights of children. The right to a healthy start in life. To have access to education. To be in a safe environment, protected from harm. We work in some of the world's hardest-to-reach places - over 100 countries, including the U.S. No matter what your role is, when you join Save the Children, you're creating positive, irreversible change for children, and the future we all share.

The Role

Save the Children's Impact & Evidence division strives to serve people who serve children-providing high-quality, strategically aligned resources, insights, and support to drive measurable, transformative change. We work efficiently and collaboratively, guided by shared purpose, mutual respect, and accountability to the communities we serve. By testing bold ideas, proving what works, and scaling effective solutions, we improve children's lives-while always ensuring we contribute more value than we consume and make space for others (SCI Center, members, partners, etc.) best positioned to lead.

The Advisor, Portfolio Management will provide financial support for Save the Children's international portfolio. In this role, you will be responsible for ensuring financial and operational processes are running timely and efficiently. You will report to the Senior Director, Financial Management and will provide budget holder support, award management, and expense allocation guidance to the cost centers supported.

Location

Hybrid - Washington DC, Fairfield, CT or Lexington, KY office locations

What You'll Be Doing (Essential Duties)

*not inclusive of all role responsibilities. May be subject to change

Award Management (65%)

• Support budget development for grant proposals by partnering with program and country office staff to translate program needs into sound financial plans.
• Conduct regular review of award portfolios, including oversight of life-of-award meetings, to identify and mitigate potential risks and coordinate with cost center staff to develop spend plans that align with scope of work and donor conditions.
• Prepare donor spending reports ensuring data accuracy and compliance with donor and audit requirements.
• Manage donor billing, including monitoring prompt receipt of receivables.
• Ensure proper closeout of awards, aligning with donor requirements and SCUS awards management requirements.

Financial Strategy and Planning (25%)

• Work on the development and implementation of the annual fiscal budget process for your portfolio, ensuring alignment with organizational goals and objectives.
• Partner with country office leadership to develop and analyze financial projections and forecasts for awards portfolio, identifying and addressing financial risks.
• Use financial data and historical spending to provide direction to cost centers, prepare financial projections, ensuring spending plans are aligned with organizational objectives and risk tolerance.

Conduct regular budget reviews of your awards to ensure proper and efficient use of funding and advise teams of spending

Training & Development (10%):

• Assist with the development of financial training materials and conduct regular trainings for finance and program staff on financial policies, procedures, and award compliance.
• Work with Managing Director and Senior Director to update financial policies and procedures and implement best practices across the team.
• Support the completion of needs assessments to identify staff training requirements, evaluate the effectiveness of training programs, and make improvements as needed.
• Assist in training both internal and external stakeholders on various financial topics including:
  
  
  
  • Budget holder guidance
  • Financial policies and procedures
  • Donor compliance and reports
  • Federal regulations, i.e. 2 CFR 200, EDGAR, and others.
  
  
  
  
• Work with Sr. Director to ensure training needs are being met for both internal and external stakeholders for awards in your portfolio.

Required qualifications for the role

• Minimum of a bachelor's degree or equivalent experience, plus at least 5 years of relevant experience

• Advanced knowledge and hands-on experience with Microsoft Excel and demonstrated ability to apply creative ideas for data compilations.
• Demonstrated ability to support multiple stakeholders by providing sound financial data and guidance
• Proven experience managing complex, multifunctional budgets
• Willing and able to travel both domestically and internationally up to 10% of the time.
• Professional proficiency in MS Office suite
• Professional proficiency in spoken and written English

Preferred qualifications for the role

• Experience managing complex budgets with multiple funding sources including federal awards

Compensation

Save the Children is offering the following salary ranges for this position, dependent on candidate location:

• Geo 1 - NY Metro, DC, and other locations with labor costs significantly above national average: Target Salary for this position is $91,800 - $102,600 base salary

• Geo 2 - Locations around the US National Labor Cost Average: Target Salary for this position is $83,725 - $93,575 base salary
• Geo 3 - Locations significantly below the US National Labor Cost Average: Target Salary for this position is $74,800 - $83,600 base salary

The salary ranges listed above are for US based candidates. For candidates located outside of the US, salary ranges will be based on the salary scales of the local employer of record. Actual base salary may vary based on, but not limited to, relevant experience, base salary of internal peers, business sector, and geographic location (more information on job structure is available here).

About Us

We are looking to build an inclusive team at Save the Children. We offer a range of outstanding benefits to support this goal:

• Flexible schedules and time off: Flexible schedules, generous PTO, 11 paid holidays plus 2 floating holidays, and hybrid working opportunities
• Health: Competitive health care, dental and vision coverage for you and your family
• Family: A variety of paid leaves: caregiver, parental/adoption, critical child illness and fertility benefits
• Employee Rewards Program: Annual merit increases and/or additional incentives for eligible employees
• Retirement: A retirement savings plan with employer contributions (after one year)
• Wellness: 15 safety and wellness days annually (if hired on or after July 1, safety and wellness days prorated to 8 days), mental health benefits and support through Calm and company-hosted events
• Employee Assistance Program: free and confidential assessments, short-term counseling, referrals, and follow-up services
• Learning & Growth: Access to internal and external learning & development opportunities and mentorships

Click here to learn more about how Save the Children US will invest in you.

Save the Children is committed to conducting its programs and operations in a manner that is safe for the children it serves and helping protect the children with whom we are in contact. All Save the Children representatives are explicitly prohibited from engaging in any activity that may result in any kind of child abuse.

Save the Children is committed to minimizing safety and security risks for our valued employees, ensuring all are given training, support and information to reduce their risk exposure while maximizing the impact of our programs for children and families. Our shared duty, both agency and individual, is to seek and maintain safe working conditions for all.

If you require disability assistance with the application or recruitment process, please submit a request to applicantsupport@savechildren.org.