20127 - Disbursement Manager, Washington, D.C.
Washington, District of Columbia, United States | FINANCE | Full-time
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The National Endowment for Democracy (NED), a federally funded, private, nonprofit grantmaking organization that works to support freedom around the world, seeks a Disbursement Manager for the Finance team. The position is based in Washington, D.C.
Position Summary:
The Disbursement Manager is an integral part of the Finance team’s daily disbursement activities, supporting NED’s international grantmaking program and democracy support activities.
Responsibilities:
Provide resolution of any payment delivery issues, and support for NED’s response to bank compliance examiners. A direct liaison to the Grants team, the manager is actively engaged in cross-functional working groups and ensures effective communication flow.
- Supervises and mentors the disbursement specialists on daily grantee and vendor electronic payments, to include active problem-solving and resolution of any issues encountered in the payment cycle.
- Validates that incoming disbursement requests are properly authorized and accurately recorded in NED’s financial system, and prepares daily drawdown requests against NED’s federal awards.
- Acts as an approver to release daily disbursements from NED’s banking platforms and applies payment application to related invoices.
- Manages and resolves delivery issues with banking partners and grantmaking staff, while updating and consulting with Finance leadership on challenges and common trends.
- Monitors any necessary traces and recalls placed on delayed payments, and manages necessary reissuances in a timely manner.
- Provides oversight to ensure all payee beneficiary records in NED’s business systems and banking platforms are accurately maintained.
- Produces timely and accurate financial data analysis for management to enable sound decision-making.
- Acts as a point of contact between the Finance and Grantmaking departments, and as a general resource for questions from non-finance personnel with regards to NED Finance policies, procedures, and banking compliance.
- Identifies risk mitigation strategies related to foreign exchange and remittance to non-traditional money service providers.
- Leads continuous process improvement by developing and implementing improvements in policies and procedures related to cash management and disbursement activities.
- Participates on various cross-sectional working groups to provide Finance input on changes in systems, processes and procedures, etc. while ensuring Finance leadership stays informed of any significant issues.
- Supports the Controller with the preparation of required audit schedules, and further assists with related audit inquiries.
- Serves as a mentor to other members of the extended Finance team.
- Performs other duties as may be assigned.
Qualifications:
To Apply:
Applications must include a cover letter, resume, desired salary, and contact information for three professional references. Please, no phone calls. For more information, please visit our website at www.ned.org or careers@ned.org.
The NED is an Equal Opportunity Employer.
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