Finance Specialist, IPSA 10 – UNCDF-FMS New York, USA

Job title:

Finance Specialist, IPSA 10 – UNCDF-FMS New York, USA

Company

United Nations Development Programme

Job description

Scope of WorkConsidering the scope of increasing coverage, it is deemed necessary to recruit a Finance Specialist under PSA contract to support with the financial section. The Finance Specialist will report to the Head of Finance Team and is expected to work closely with Human Resources, Procurement and Finance teams located in Headquarters as well as regional, field offices, programme and operations colleagues. The main objective of this contract is to engage an IPSA to support the operations team in full accordance and compliance with UNCDF/UNDP rules and regulations and should ensure accuracy, transparency and integrity with a high degree of quality assurance in performing the functions of this post.The IPSA holder’s responsibilities will cover the following broad functional areas:1) Serve as the focal point for monthly, quarterly and year-end closure:

• Coordinate with various units in FMS and issue closure instructions;
• Liaise with regional staff, other HQ units to ensure closure is completed on time;
• Analyze general ledger on regular basis and follow up on corrective actions required;
• Process fixed asset accounting;
• Process financial instrument accounting (i.e. loans, guarantees etc.);
• Reconcile between payroll vs general ledger.

2) Serve as the focal point for monitoring finance performance Key Performance Indicators (KPI) on regular basis:

• Design and improve dashboard for finance performance KPIs;
• Monitor the performance on regular basis and follow up with units concerned to take necessary actions;
• Oversee and lead the day-to-day operations of financial transactions processing by all finance users.

3) Coordinate the preparation and submission of statutory and other corporate reports, including:

• Financial statements;
• Integrated budget;
• Corporate reports to the Executive Boards;
• Other corporate reports and financial analysis.

4) Monitor corporate risk management;

• Design and improve dashboard for corporate risk management;
• Manage and monitor the compliance on Enterprise Risk Management policy;
• Manage and monitor the compliance on Internal Control Framework.

5) Contribute to the internal and external audit:

• Prepare required documents;
• Follow up on outstanding audit observations.

6) Ensure facilitation of knowledge building and provide guidance to stakeholders on financial and related matters.

• Organize training for the operations/ projects staff on Finance and assist in providing regular training and technical guidance/advice on audit and compliance matters, including implementation of Internal Control Framework (ICF).
• Synthesize lessons learned and best practices in Finance.
• Provide sound contributions to knowledge networks and communities of practice.

The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization.Institutional ArrangementThe IPSA holder shall be working under the direct guidance of the Head of Finance Team and overall supervision of the Head, OFMS. During the engagement, s/he is expected to work harmoniously with the Finance team in Headquarters and closely with FMS team across the organization. S/He may also liaise with counterparts from UNDP where needed.S/He also may be required to periodically provide updates to the Head of OFMS and/or the Senior Management on the status of the work or any issues.CompetenciesCoreAchieve Results: LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact.Think Innovatively: LEVEL 3: Proactively mitigate potential risks, develop new ideas to solve complex problems.Learn Continuously: LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences.Adapt with Agility: LEVEL 3: Proactively initiate and champion change, manage multiple competing demands.Act with Determination: LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results.Engage and Partner: LEVEL 3: Political savvy, navigate complex landscape, champion inter-agency collaboration.Enable Diversity and Inclusion: LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity.Cross-Functional & Technical competenciesThematic Area Name DefinitionBusiness Direction & Strategy System Thinking

• Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system.

Business Management ProjectManagementAbility to plan, organize, prioritize and control resources, procedures and protocols to achieve specific goals.Business Management – Customer Satisfaction/Client Management

• Ability to respond timely and appropriately with a sense of urgency, provide consistent solutions, and deliver timely and quality results and/or solutions to fulfil and understand the real customers’ needs.
• Provide inputs to the development of customer service strategy.
• Look for ways to add value beyond clients’ immediate requests.
• Ability to anticipate client’s upcoming needs and concerns.

Finance – Accounting (General)

• Knowledge of accounting concepts, principles, regulations, policies and ability to apply this to strategic and/or practical situations.

Finance – Financial Planning and Budgeting

• Ability to create and manage processes to achieve UNCDF’s long and short-term financial goals, including through planning, budgeting, forecasting, analyzing and reporting.

Finance – Finance Business Partnering

• Able to support business units and add value by innovating and providing solutions to financial issues/queries, including through FAQs, financial tools, advisory, etc. Influences and appropriately challenges non-finance colleagues for whom the service is being provided. Understands the operations, opportunities and challenges of the organization. Holds a commercial outlook, demonstrating accountability towards organizational goals.

Required Skills and ExperienceMinimum Academic Education:

• A professional accounting qualification from an internationally accredited institute of accountancy, and/or Advanced (master’s) University Degree in Finance and/or Accounting is required. Candidates with professional accounting qualifications from an internationally accredited institute of accountancy will have a distinct advantage.
• A first-level university degree (bachelor’s degree)in the above-mentioned fields of study, in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree.
• Candidates with no professional accountancy qualifications, but with degrees that major in accountancy and/or finance must complete the Finance Training and Certification Programme (FTCP), if recruited.
• Candidates satisfying the two above criteria are exempted from undertaking the UNDP Advanced Accountancy and Finance Test (AAFT).
• Candidates with MBA or master’s in finance with no accountancy qualification but with relevant experience must successfully undertake the UNDP Advanced Accountancy and Finance Test (AAFT) to be eligible for shortlisting.

Minimum years of relevant Work Experience

• Minimum of 5 years (with master’s degree) or 7 years (with bachelor’s degree) of relevant experience in providing financial management advisory services, and/or managing staff and operational systems.
• Experience of IPSAS and/or IFRS is required.

Required skills and CompetenciesExperience in the usage of computers and office software packages (MS Word, Excel, etc) and advanced knowledge of spreadsheet and database packages, experience in handling of web based management systems is required.Desired additional skills and competencies

• Experience with UNCDF/UNDP/UN financial rule and regulations, policies and practices will be an added advantage.
• Proficiency in using advanced web-based management systems such as ERP financials and database packages. E.g. Quantum, Atlas or other accounting and financial management software is desired.
• Experience in ensuring financial processes adhere to organizational requirements is a plus.

Required Language(s) (at working level)Fluency in English is required.

• Working knowledge of French considered an asset.

DisclaimerUnder US immigration law, acceptance of a staff position with UNDP/UNCDF, an international organization, may have significant implications for US Permanent Residents. UNDP/UNCDF advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment.UNDP/UNCDF is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.Applicant information about UNDP/UNCDF rostersNote: UND/UNCDFP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP/UNCDF at the same grade level and with similar job description, experience and educational requirements.Non-discriminationUNDP/UNCDF has a zero-tolerance policy towards sexual exploitation and misconduct, sexual harassment, and abuse of authority. All selected candidates will, therefore, undergo rigorous reference and background checks, and will be expected to adhere to these standards and principles.UND/UNCDFP is an equal opportunity and inclusive employer that does not discriminate based on race, sex, gender identity, religion, nationality, ethnic origin, sexual orientation, disability, pregnancy, age, language, social origin or other status.Scam warningThe United Nations does not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.

Expected salary

Location

New York

Job date

Wed, 27 Mar 2024 03:52:50 GMT

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