Finance Assistant G5 (Multiple Positions)

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  • Added Date: Monday, 28 October 2024
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DEADLINE FOR APPLICATIONS

WFP celebrates and embraces diversity. It is committed to the principle of equal employment opportunity for all its employees and encourages qualified candidates to apply irrespective of race, colour, national origin, ethnic or social background, genetic information, gender, gender identity and/or expression, sexual orientation, religion or belief, HIV status or disability.


ABOUT WFP

The World Food Programme is the worldโ€™s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity, for people recovering from conflict, disasters and the impact of climate change.


At WFP, people are at the heart of everything we do and the vision of the future WFP workforce is one of diverse, committed, skilled, and high performing teams, selected on merit, operating in a healthy and inclusive work environment, living WFP's values (Integrity, Collaboration, Commitment, Humanity, and Inclusion) and working with partners to save and change the lives of those WFP serves.

To learn more about WFP, visit our website: https://www.wfp.org and follow us on social media to keep up with our latest news: YouTube, LinkedIn, Instagram, Facebook, Twitter, TikTok.

WHY JOIN WFP?

  • WFP is a 2020 Nobel Peace Prize Laureate.

  • WFP offers a highly inclusive, diverse, and multicultural working environment.

  • WFP invests in the personal & professional development of its employees through a range of training, accreditation, coaching, mentorship, and other programs as well as through internal mobility opportunities.

  • A career path in WFP provides an exciting opportunity to work across the various country, regional and global offices around the world, and with passionate colleagues who work tirelessly to ensure that effective humanitarian assistance reaches millions of people across the globe.

  • We offer an attractive compensation package (please refer to the Terms and Conditions section of this vacancy announcement).

    Are you dedicated and motivated by helping those in need? Join our global mission as a Finance Assistants (G5) at the Global Payments Solutions Centre in Budapest. This is an excellent opportunity to kickstart your career in finance, gain valuable experience and thrive in a dynamic, multicultural environment.

    We are currently recruiting twenty five (25) Finance Assistant G5 positions for our WFP Global Payments Solutions Centre in Budapest. The selected candidates will be expected to start their roles from December 2024.

    We encourage you to submit your application as soon as possible as we will be reviewing applications on an ongoing basis. This call for applications will remain open for continuous submissions until all positions are filled.

    Future Opportunities: This recruitment will also be used to build a talent pool (roster) of prequalified applicants for future opportunities for similar roles at the same or lower level in Budapest.

    About the Global Payments Solution Centre

    Our GPS Centre in Budapest centralizes WFPโ€™s accounts payable functions, alleviating the workload of Country Offices and enhancing efficiency, data quality, and service delivery. This strategic initiative is key to improving our financial operations.

    To learn more about us and the Global Payments Solutions Centre, view our introductory video about the Budapest Global Payments Solutions Centre

    About the Role

    As a Finance Assistant, you will work under the supervision of the Finance Officer, contributing to the efficient delivery of finance services and the transparent utilization of financial resources. Finance Assistants provide support in the areas of:

    • General Accounting: Assist in maintaining accurate financial records.

    • Accounts Payable: Support timely and accurate payments.

    • Quality Assurance: Ensure adherence to financial standards and controls.

      KEY ACCOUNTABILITIES:

      • Process a wide range of financial transactions using the Case Management Platform: conduct a thorough review of pertinent documentation to ensure its completeness, validity, and compliance with the current rules and regulations in place.

      • Process financial transactions in the corporate financial management system used for transaction processing and record-keeping based on case requests or scheduled activities.

      • Process various payable documents in the corporate system, ensuring accurate and timely recording of financial transactions.

      • Review offset receivables and confirm the net liability: verify the calculated amounts to ensure financial accuracy.

      • Verify the accuracy of cases and transactions ensuring alignment with internal controls (such as eligibility, policy compliance and duplicate checking) and promptly report any discrepancies or inaccuracies to supervisors. Take necessary steps to follow up on corrective actions.

      • Provide feedback to requesting offices on the status of cases and other standard questions. Escalate inquiries requiring more extensive analysis.

      • Maintain the Case Management Platform updated, and close completed cases to reflect accurate status.

      • Perform other assigned tasks as required.

        DESIRED EXPERIENCES AND MINIMUM QUALIFICATIONS

        Education and experience:

        For High School Diploma Holders: A minimum of 5 years of relevant work experience in finance and/or in a service center is required.

        For University Degree Holders: A completed degree from an accredited institution in fields such as finance, project management, business studies, accounting, economics, mathematics, statistics, management information systems (MIS), industrial engineering, international relations, public administration, social sciences, humanities, or languages will be considered equivalent to 4 years of work experience. Additionally, at least 1 year of relevant work experience is required.

        Knowledge and Skills:

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