NEW Partner, Financial Planning and Analysis Senior level – Senior Mastercard Foundation Closing 6th of November Toronto

ABOUT MASTERCARD FOUNDATION 

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

THE WORK AT THE FOUNDATION  

 The Foundation has begun working within Canada in partnership with Indigenous communities and post-secondary institutions to listen, learn, and best understand how we can act in meaningful ways. The EleV strategy was co-created with Indigenous communities, young people, and partners to enable 100,000 Indigenous youth to complete their education and transition to dignified work aligned with their values and aspirations. 

As reflected in Canada’s Truth and Reconciliation Commission Calls to Action, education is a key driver of improved socio-economic well-being. Through building partnerships with Indigenous communities, we look to expand our initiative ultimately helping to support a generation of transformative Indigenous young leaders who will be change agents within their communities. We believe that by setting a bold target, we will encourage engagement across sectors and create momentum that will elevate the strengths and opportunities of Indigenous youth. In keeping with our approach, Indigenous communities and young people will be the drivers of this transformation. The program will promote innovations to address longer-term systemic change to achieve economic prosperity and social well-being within Indigenous communities. 

The EleV team oversees current and emerging partnerships related to Indigenous education. Consistent with our overall vision and Youth Africa Works strategy, we will share learnings and opportunities to connect across the work of the Foundation. While operating in distinct contexts, the centrality of youth voice and vision, affirmation of culture and identity, and priority to enhance community capacity for self-determination are common threads upon which our work is strengthened and reinforced. 

UNDERSTANDING AFRICA PROGRAMS AT THE FOUNDATION 

We are currently in an exciting period at the Mastercard Foundation as we intensify the implementation of the Young Africa Works strategy, aiming to empower 30 million young people throughout Africa to access dignified and fulfilling employment. 

To ensure the Foundation’s accessibility to our partners and program participants, we have established offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda. These offices provide strong in-country support for the implementation of Young Africa Works. We collaborate with governments, the private sector, educators, and other funders to enhance the quality of education and vocational training, equip young individuals with the necessary skills for the workforce, expand access to financial services for entrepreneurs and small businesses, and facilitate connections between job seekers and meaningful employment opportunities. 

Our values serve as our guiding principles, transcending and surpassing all other considerations. We wholeheartedly encourage you to bring your bold ideas, curiosity, and expertise to your work. 

If you are an experienced Financial Planning & Analysis professional looking to increase your impact, read on! 

THE OPPORTUNITY

Reporting to the Global Controller, the Partner, Financial Planning & Analysis will support the financial planning and analysis processes, including budgeting, forecasting, and management reporting. Business partnering with other teams to support financial decision-making is an important part of the role.

WAYS YOU CAN CONTRIBUTE

• Manage the annual budgeting process for components such as commitments, disbursements, operating expenses, and capital investments in collaboration with functional teams. Monitors progress against the annual budget and oversees the quarterly forecasting process.
• Consolidate budget and forecast figures for review by senior management and provide data to support the Foundation’s multi-year financial planning. Identify financial risks and opportunities and recommend solutions.
• Prepare Finance and Accounting materials for Board meetings, review financial figures from other teams, and analyze year-to-date results to prepare management reports for the senior leadership team, including variance analysis.
• Prepare ad hoc financial analyses for internal and external purposes and support systems-related projects.
• Acts as a finance business partner to certain internal functions, collaborating with leaders and staff to provide financial expertise in budgeting, forecasting, coding, contracting, and other financial decision-making and analysis.
• Develop policies and procedures and provide training as needed.

WHO YOU ARE

• CPA/CA designation with a Bachelor’s degree in Finance, Accounting, or Business Administration.
• 10+ years of experience in roles within large not-for-profit organizations, NGOs, or other global organizations.
• Proficiency in Microsoft Office applications and ability to identify, simplify, build/improve, and implement processes.
• Strong technical knowledge, ability to apply appropriate accounting treatments and understanding of the CRA regulatory environment for not-for-profit organizations.
• Proficiency in financial and management reporting, including forecasting, budgeting, and related IT systems, and strong analytical and strategic thinking skills.
• Ability to challenge and constructively provide feedback to improve efficiency and operational excellence and drive a culture of continuous improvement and teamwork.
• Innovative and able to formulate new or creative approaches to problems, with strong interpersonal skills to build and maintain relationships.
• French language and/or local language skills are an added advantage.
• Flexible, adaptable, and able to execute a range of job duties and changing priorities.
• Possess excellent verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures, and demonstrate professional maturity, sensitivity to different cultures, and impeccable integrity.
• Commitment to Mastercard Foundation’s values and vision

Deadline for Applications is November 6, 2024.

Mastercard Foundation (the “Foundation”) values and respects your privacy. By submitting an application for this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available at https://mastercardfdn.org/privacy/). Please note that the Foundation may share your personal information with third-party agencies that support the Foundation’s recruitment activities, and such third-party agencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.

The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment.

For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/
Follow the Foundation on Twitter at @MastercardFdn

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