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.