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Department: Finance
Reports to: Controller
Status: Full-time
FLSA Status: Exempt
Grade: 5 ($75,000 - $95,000 Annual)
Location: Denver, Colorado (Preferred) or California, Illinois, Maryland, New Jersey,
New York, North Carolina, Pennsylvania, Utah, Virginia, Washington D.C
Note: some remote work permitted but in-office presence is required due to the collaborative nature of this position
iDE is a non-government organization dedicated to empowering entrepreneurs to end poverty.
Headquartered in Denver, Colorado, our global work within agriculture, sanitation, and gender equality,
stands out in the international development sector because we don’t simply hand out money or supplies.
Instead, we believe in powering small-scale entrepreneurs and building robust market ecosystems that
are financially competitive, resilient to changing climates, and inclusive of marginalized people. Given
access to simple technology, market links and microfinance, iDE has demonstrated that entrepreneurs
can lift themselves out of poverty and become change agents in their communities. Founded in 1982, and
with operations in 10 developing countries, iDE has made an impact in the lives of more than 35 million
people, providing access to markets, boosting incomes and improving wellbeing. By listening to every
stakeholder—producers, suppliers, retailers and customers—iDE designs programs that overcome critical
bottlenecks and develop lasting solutions. We employ over 1,300 staff globally, 96 percent of whom are
nationals or field based. Our 2022 budget of $36.9 million includes funding from nearly 40 institutional
donors, including USAID, SIDA, GAC, UNICEF, DFAT, MFAT, EU, and SDC.
Key Responsibilities/Tasks
SUMMARY:
The Director, Technical Accounting & USG Compliance is responsible for technical
accounting and overall compliance with US grant and contract accounting. This includes preparation of
required US federal financial reporting, fund requests, submission of indirect cost rates and developing
strong controls for sub-grant and sub-contract selection and oversight, including support to Global
Finance and Global Operations team members. This position is responsible for leading compliance on
technical accounting requirements and implementation of new US GAAP accounting standards. The DTA
also provides oversight over centralized accounting procedures to ensure consistency across iDE on
processes such as fixed asset management, leases and bank reconciliations and supports the Controller
to ensure timely and accurate monthly financial reporting.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Under the supervision of the iDE Controller, the Director, Technical Accounting & USG Compliance
performs the following primary responsibilities:
● Ensure timely and accurate US Federal Financial Reporting. Prepare and submit quarterly
filings including required financial reporting to prime contractors. Develop the Schedule of
Expenditures of Federal Awards required by Uniform Guidance. Initiate all funding requests
to ensure availability of cash flow for active US federal grants. Verify timely receipt of
funding and follow-up as necessary to ensure collection.
● Single Audit - Coordinate iDE’s global single audit ensuring compliance with federal statutes,
regulations and the terms and conditions of federal awards applicable to iDE federal
programs in order to achieve a timely and accurate audit. This must be carefully planned
with iDE’s Controller and Regional Finance Directors/Managers in light of other grant audits
and the iDE global audit to set realistic and achievable deadlines and balance the impact on
iDE’s country finance team. Review country office responses for accuracy and
completeness with respect to all audit requests.
● NICRA submissions – develop policies and procedures to ensure accurate classification of
costs for iDE to be able to develop proper indirect cost rates in accordance with title 2 of the
Code of Federal Regulations Part 200 (2 CFR 200), titled “Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards”. Submit
required details to support iDE indirect cost rates and obtain approval by due dates.
● USAID sub-recipient financial compliance – Ensure proper due diligence is applied in the
review and selection of any sub-recipients. Review financial reporting from sub-recipients for
accuracy and completeness to support overall compliance. Submit required Federal Fund
Accountability and Transparency Act (FFATA) data for the Subaward Reporting System
(FSRS) to report subaward and executive compensation data regarding first-tier subawards
to meet the FFATA reporting requirements.
● Review iDE US federal grant procurements for compliance with financial policy. Provide
senior financial oversight for project procurement responsibilities including the management
of supplier contracts.
● Develop iDE financial policies and procedures for VP Finance and CEO review. Lead efforts
to align existing financial policies and procedures across iDE country offices in collaboration
with Regional Finance Directors. Financial policies and procedures must be clearly written
and must be compliant with US Generally Accepted Accounting Principles (GAAP). Country
financial policies and procedures may require specific GAAP differences to support statutory
requirements. Policies and procedures should result in strong internal controls but should
avoid complexities and be designed to facilitate operations.
● Fixed asset accounting in NetSuite – Provide overall control to ensure accurate accounting
for fixed assets in accordance with US GAAP. Ensure any new asset purchases are properly
activated in the NetSuite Fixed Asset module and run monthly depreciation. This includes
providing oversight on all fixed assets acquired using grant funds (a “sponsoring entity”) to
determine proper accounting treatment and tracking of the asset in the event it needs to be
returned to the sponsoring entity at the end of the grant period.
● Ensure compliance with US GAAP by leading implementation of new technical accounting
requirements and changes in GAAP. Communicate changes, update financial policies and
procedures to reflect the changes and provide training to ensure full adoption of new GAAP.
● Provide second level review of revenue recognition determinations and documentation for
new iDE grant awards in accordance with Financial Accounting Standards Board (FASB)
Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers
(Topic 606). Determine and document whether revenue should be classified as restricted or
unrestricted and whether the revenue recognition is conditional or unconditional along with
the basis for timing of recognition (upon award or based on cost incurred or milestones).
● Lead implementation and ongoing accounting for iDE operating leases in accordance with
ASC 842 to ensure that all leases, other than short-term leases, are properly recorded on the
balance sheet as a “right-of-use” asset (ROU) along with the corresponding lease liability as
a non-debt liability. Ensure that supporting details are maintained for all leases and that
lease expense is properly recorded.
● Review monthly consolidated iDE financial close to verify completion of procedures such as
activation of new fixed assets, documentation, and accounting for new leases and
completion of all bank reconciliations. Coordinate with Regional Finance Directors/Managers
to follow-up to ensure timely and accurate completion.
● Develop documentation to support accounting and donor reporting for any gifts-in kind and
cost share arrangements.
● Participate in the development of annual budgets and quarterly financial forecasts.
OTHER DUTIES AND RESPONSIBILITIES
● Performs and documents complex financial analyses.
● Assists in ensuring internal control procedures are followed.
● Assists with the annual budget and external audit processes.
● Contributes to the HQ Finance department’s periodic planning process by reviewing budgets
for USAID grants for accuracy and consistency
● Cross trained on accounts payable, cash disbursements, cash receipts processes, and other
HQ finance functions to provide support, as needed.
● Performs other duties as required.
GENERAL REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty
satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability
required. Reasonable accommodations may be made to enable individuals with disabilities to
perform the essential functions.
● Bachelor’s degree in Accounting, Business or Finance required with Accounting degree
strongly preferred. CPA, CA, or CMA license or candidacy strongly preferred;
● Minimum 4 years (7 years preferred) of progressive responsibility and directly relevant
experience accounting for USAID grants or sub-grants and/or the award and administration
of subcontracts, preferably on USAID-funded projects. Experience developing indirect cost
rate submissions to obtain approval for a Negotiated Indirect Cost Rate Agreement (NICRA)
preferred;
● Strong knowledge of USAID contract management and grants management policies and
procedures; including a knowledge of allowable and unallowable costs;
● Ability to build the capacity of international colleagues to understand USAID’s rules and
regulations and new US GAAP accounting standards through development of clear financial
policy and training;
● Experience in cloud-based ERP systems such as Oracle NetSuite or a similar financial
system is required. Strong knowledge of Microsoft Office Suite with a high degree of
proficiency in Excel preferred;
● Good oral and written English and communication skills;
● Ability to travel to iDE’s global country programs and project sites as needed, up to 20%.
● Intermediate knowledge of international non-profit accounting practices, including
multi-currency accounting, budgets, and financial reporting;
● Effective time management skills, self- motivated, critical attention to detail and deadlines,
able to work independently;
● Excellent interpersonal skills necessary to work effectively with persons on all levels both
inside and outside iDE;
● Availability and willingness to interact with team members in other time zones as needed;
● Personal qualities of integrity, credibility, and a commitment to iDE’s mission.
Diversity Statement:
iDE takes pride in our talented and diverse workforce. Minorities, women, and individuals with
disabilities are encouraged to apply. Hiring, promotion, and compensation of employees are
conducted without regard to race, color, religion, gender, gender identity or expression, sexual
orientation, national origin, genetics, disability, or age.
Full Time
Business Services
$130k-166k (estimate)
04/15/2023
06/18/2024
i2iworkforce.com
DENVER, CO
25 - 50
2001
Private
JENNIFER ELIZABETH LONG
$5M - $10M
Business Services