Join one of the most influential, most quoted and most trusted
The Brookings Institution is a nonprofit public policy
organization based in Washington, DC. Our mission is to conduct
in-depth research that leads to new ideas for solving problems
facing society at the local, national and global level.
We bring together leading experts in government and academia
from all over the world, rooted in open-minded inquiry and
representing diverse points of view, who provide the highest
quality research, policy recommendations, and analysis. Research
topics cover a full range of public policy issues in economics,
foreign policy, development, governance and metropolitan
With fair and transparent business practices, clear
communication, mutual respect, and a collaborative atmosphere that
offers both professional and personal development opportunities,
Brookings offers an inclusive and welcoming workplace that values
the efforts of all contributors.
The Global Economy and Development (Global) program at Brookings
aims to shape the policy debate on how to improve global economic
cooperation and fight global poverty and sources of social stress.
The program's research agenda is related to policies and trends
affecting developing countries including global poverty, universal
education, the global middle class, fragile states, globalization,
inequality, foreign assistance and development effectiveness.
Position Location: This position is based in Brookings'
Washington, DC office. The person hired for this position must be
willing to move to or currently reside in Washington DC, Maryland,
or Northern Virginia by their date of hire.?
Operating status: Brookings eligible employees are
currently authorized to work remotely but will be moving towards a
hybrid plan later this year, which will require working both in the
office and remotely. All vaccinated Brookings employees who wish to
work from the office can do so. Brookings policies on masks and
other pandemic mitigation measures will continue to be informed by
DC and CDC guidelines.
Vaccine Policy: Brookings has made the safety of our
staff and our surrounding community a top priority. As part of that
commitment, Brookings recently announced that staff on Brookings
campus this fall are required to be vaccinated against COVID-19.
Brookings will require all staff and visitors to submit proof of
complete vaccination against COVID-19 to be in Brookings
As a visitor and/or a new employee at Brookings, you will be
required to comply with the vaccination policy. Individuals invited
for an in-person job interview or hired as an employee that (i)
have a qualifying medical condition that contraindicates a COVID-19
vaccination, or (ii) who object to being vaccinated based on a
sincerely held religious belief, may request a reasonable
Ready to contribute to Brookings success?
The Global program is seeking a Senior Financial Manager who
will be responsible for the preparation, management,
implementation, and reconciliation of budgets, financial
transactions, grants, and contracts within the program. This
includes project-budget formulation, revenue forecasting, drafting
grant proposal budgets, grant monitoring, expenses tracking,
financial reporting to donors, drafting contracts, and other
administrative tasks as requested.
Budget Formulation and Grant Monitoring (55%)
- Forecasts, updates, monitors, and manages project and
department budgets in coordination with project principals and the
- Develops proposal budgets and monitors grants, pledges, and
cash flow to allocate revenue accordingly.
- Implements grant setup and terms, which includes review and
routing of award documents for signature, entering grant details
into PeopleSoft, monitoring project expenditures against each
grant, and ensuring proper documentation and financial reporting to
maintain compliance with funding conditions, contractual
obligations, and auditing criteria.
- Manages and tracks revenue allocation and funding distribution;
ensures sound fiscal stewardship of grant funds.
- Prepares monthly budget to actual reports, including variance
analysis for presentation to project principals and the Managing
Director and incorporation into dashboard reports.
- Provides analyses, reporting, and other materials to facilitate
the review and decision making on financial matters related to the
projects, as well as on cost savings and effective cross program
efficiencies to best utilize program resources.
- Monitors all monthly financial costs associated with projects
within portfolio and submits journal entries as necessary for
corrections. Allocates labor across portfolio in collaboration with
project principals and adhering to guidelines from the grant
- Reviews program data, provides input and analysis, and conducts
program testing for the institution's transition to Workday.
- Works on ad hoc financial assignments as requested by the
Managing Director and/or the Assistant Director of Finance.
- Drafts and/or reviews research contracts, memorandums of
understanding, funding contracts and all other contractual
agreements and works with the Office of the General Counsel (OGC)
on contract language.
- Routes documents through SharePoint for approval and files
documents as appropriate.
- Tracks and monitors contractual obligations and insures
Finance and Procurement Management (15%)
- Processes and/or approves credit card transactions,
requisitions, invoices, travel expense claims, and other financial
- Oversees procurement process and is responsible for the
timeliness of transactions, paperwork submission and the accuracy
of posted charges.
- Assists and advises staff members on all of the Institution's
financial policies and processes including conference planning,
research contracts, external billing, memorandums of understanding,
- Serves as a liaison with other Global financial and development
staff, as well as other research programs and departments
including: Central Development, Accounting, Grants Administration
departments, as well as OGC.
- Approves, sets up, and monitors timesheets in PeopleSoft
system; provides staff training on software; and troubleshoots
- Maintains labor-hour tracker spreadsheet, as well as electronic
folders of financial records.
- Supports supervisor in evaluating efficiency and effectiveness
of policies, processes, and controls.
- Provides assistance as requested by the Managing Director
and/or Assistant Director of Finance.
- Ready to make an impact? In this role, you will support
Brookings values of collegiality, respect, inclusion, diversity and
community, and bring the following qualifications:
- Education/Experience Requirements:
- Bachelor's degree required (preferably in business
administration, accounting, finance, or management). Minimum four
years of experience in business administration, budget and grant
management, accounting and related fields required. A background in
a research or academic or nonprofit setting is strongly preferred.
Must be legally authorized to work for any employer in the
- Knowledge/Skills Requirements:
- Ability to multi-task and be flexible on workflow; knowledge of
Microsoft (MS) Office Suite and strong proficiency in MS Excel
required, including the use of advanced formulas, pivot tables,
charts and other data analysis tools. Data visualization skills a
plus. Must be familiar with budgeting or accounting software;
knowledge of PeopleSoft and/or Workday a plus. Must have ability to
manage a diverse portfolio of funding from proposal through final
reporting. Must have proven ability to build and manage complex,
multi-million dollar budgets to include budget compliance and
forecasting. Knowledge of foreign government grants is preferred.
Must have ability to analyze data for historical perspective and
risk management. Initiative and a high degree of judgment, tact and
discretion in dealing with relationships at all levels, inside and
outside of the Program, in addition to managing confidential and
sensitive matters. Proven ability to work independently and
efficiently under pressure and to handle multiple tasks
simultaneously. Ability to work well in a team environment as a
creative thinker and quick learner. Adherence to deadlines and
attention to detail is essential.
- Additional Information:
- What can we offer you? Brookings provides a generous benefit
package that is comprehensive and includes both traditional
benefits and unique offerings.
- Brookings requires that all applicants submit a cover letter
and resume. Please attach your cover letter and resume as one
document when you apply. Please note: if you have
applied to more than one Brookings job opening you should add a
position-specific cover letter as a separate
- Successful completion of a background investigation is required
for employment at Brookings.
- Brookings welcomes and celebrates diversity in all its forms.
We welcome applications that reflect a variety of backgrounds based
on ideology, race, ethnicity, religion, gender, sexual orientation,
gender identity or expression, disability, veteran status, first
generation college goers, and other factors protected by law.
Brookings is proud to be an equal-opportunity employer that is
committed to promoting a diverse and inclusive workplace.