Finance Analyst, Canada Programs

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 30,000 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 have entered a very exciting time at the Foundation as we scale up our operations across Africa to realize our Young Africa Works strategy. Our role at the Mastercard Foundation is to be a catalyst. Our Young Africa Works strategy focuses on working with others to spur systemic change so young people have the opportunity to find work that is dignified and fulfilling.

The Foundation has opened offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda, building a broader leadership presence in Africa to develop specific strategies that support youth employment.  Within a country, we work with governments, the private sector, educators, young people, and other funders to improve the quality of education and vocational training, prepare young people for the work force, expand access to financial services for entrepreneurs and small businesses, and connect job seekers to dignified and fulfilling work.

We are ambitious and driven. Our values transcend and rise above everything else as our guide. We encourage you to bring your bold ideas, curiosity, and expertise to your work. We laugh at ourselves and with each other. We are a team. Our journey together makes our impact even more meaningful.

If you are an experienced Finance Analyst professional looking to increase your impact, read on!

THE OPPORTUNITY

Working closely with the Finance & Accounting Lead, Canada Programs, the Finance Analyst, Canada Programs will be responsible for financial analysis of partner reporting and check-in calls, budget revisions and annual due diligence for smaller and lower risk programs, and various tasks supporting the program development process.  This work will enable greater visibility into the financial management of Canada Programs budgets across the portfolio, leading to sound decision-making.  The role will also involve partnering with the broader Canada Programs team, to help ensure the safeguarding of Foundation assets and regulatory compliance, as part of our first line defense.

WAYS YOU CAN CONTRIBUTE

• Receive, review, and analyze partner reports (ensure consistency of financial and narrative reports, assess program spending, and identify concerns for further discussion, consider consistency of reports with discussions from regular partner check-ins, assess reasonability of over/under spends, assess trends in spending across partners, document learnings to be integrated with the next period’s budget revision).
• Attend and document discussions of regular partner check-in calls (focusing on finance-related matters).
• For certain programs within the Canada Programs portfolio, manage the full cycle annual revision process (i.e., annual due diligence, budget revision, Schedule C revision, contract signing and disbursement etc.).
• For certain programs to be developed within the Canada Programs portfolio, manage the full cycle of program development (i.e., due diligence, proposal and budget co-creation, approvals, contract signing and disbursement etc.).
• Maintain accurate and timely financial documentation and data, and report on contract commitments, disbursements, and cash flow projections etc. for each program being managed.
• Ensure Fluxx is updated in a timely & accurate for each program being managed.
• Troubleshoot and manage financial issues that arise during program implementation (with support of the Finance & Accounting Lead, Canada Programs, as required).
• For certain management grants to be developed within the Canada/Human Capital Development (HCD) portfolio, manage the full cycle of program development and implementation (i.e., due diligence, proposal and budget co-creation, approvals, contract signing and disbursement, reporting etc.).
• Engage and cultivate relationships with both internal and external partners to ensure good governance and to enable the achievement of strategic outcomes.
• Other role-related tasks/projects as maybe required from time to time.

WHO YOU ARE

• Bachelor’s degree in Finance or Accounting is required.
• Minimum 1 year of experience in a financial role. Previous work in the not-for-profit field an asset.
• Strong analytical skills and attention to detail.
• Ability to problem solve and draw conclusion/linkages between different data sets being assessed.
• Knowledge of sound financial management, planning and analysis practices.
• Proficiency in MS Office applications, particularly Excel.
• Knowledge of CRA regulatory requirement for Canadian not-for-profit organization is an added advantage.
• Strong communication skills (verbal and written) with the ability to articulate information to a variety of constituents across cultures.
• Results driven and self-disciplined, with a strong sense of team and common purpose to achieve ambitious goals (especially in a hybrid environment).
• Flexible, adaptable, intellectually curious, and open, you are comfortable with ambiguity, receptive to new ideas and willing to learn and change.
• Able to formulate and develop a new or creative approach to a problem.
• Professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.
• A member of or having previous exposure and relationships with Canadian Indigenous communities is an added advantage.
• Fluent in English, French and other Canadian Indigenous languages is an added advantage.
• Demonstrate a commitment to Mastercard Foundation’s values and vision.

Deadline for Applications is August 22, 2022.

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/
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