Finance Associate

  • Added Date: Wednesday, 24 July 2024
  • Deadline Date: Wednesday, 07 August 2024
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Background ย  Diversity, Equity and Inclusion are core principles at UNDP:ย  we value diversity as an expression of the multiplicity of nations and cultures where we operate, we foster inclusion as a way of ensuring all personnel are empowered to contribute to our mission, and we ensure equity and fairness in all our actions. Taking a โ€˜leave no one behindโ€™ approach to our diversity efforts means increasing representation of underserved populations. People who identify as belonging to marginalized or excluded populations are strongly encouraged to apply. Learn more about working at UNDP including our values and inspiring stories. ย  UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
UNDP is the knowledge frontier organization for sustainable development in the UN Development System and serves as the integrator for collective action to realize the Sustainable Development Goals (SDGs). ย With presence in 170 countries and territories, UNDP endeavors to help countries develop strong policies, skills, partnerships and institutions so they can sustain their progress. UNDP personnel are united by a common purpose: to help countries and communities across the world pursue peaceful, prosperous lives, lived in harmony with the planet.

Drawing on the diversity of UNDPโ€™s client needs and partnerships, the Bureau for Management Services (BMS)Office of Human Resources (OHR) is the hub for the global HR function for UNDP, providing strategy, policy setting, guidance, and oversight. In addition, BMS/OHR provides a broad range of HR advisory and talent management services enabling UNDP to deliver fully integrated development solutions at corporate level. ย In this context, OHR is focused on the implementation of an ambitious and forward-looking three-year strategy, People for 2030, which will progressively transform UNDPโ€™s culture and enable its workforce capacity to deliver more and better results.

Through People for 2030, BMS/OHR aims to be at the leading edge of HR in the international development sector by developing high quality and innovative human resources solutions and driving transformation across UNDP.

In this renewed and dynamic framework, OHR is seeking high caliber human resources professionals with a strong HR background, and the capacity, commitment, and attitude needed to generate a culture characterized by innovation, entrepreneurship and a focus on delivering transformative outcomes.

The BMS/OHR/Talent Acquisition and People Programme (TAPP) is responsible for the development of new strategic staffing and talent acquisition initiatives with a view to build a Centre for Excellence in Talent Acquisition and Management that caters to UN system agency clients as well as other potential partners.
Under the overall guidance of the Operations and Finance Analyst, the Finance Associate supports the highest efficiency in People Programme operations, as well as other programmes and partnerships within the TAPP team, including timely and accurate donor reporting, financial resources management and the provision of accurate, thoroughly researched and documented financial information. He/she analyzes operational rules and regulations and provides solutions to a wide spectrum of complex operational issues. The Finance Associate promotes a collaborative, client-oriented approach consistent with UNDP rules and regulations.
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Duties and Responsibilities
Under the guidance and direct supervision of the Operations and Finance Analyst, the Finance Associate provides support in execution of financial services in the BMS/OHR/TAPP Team ensuring effective and transparent financial management

The Finance Associate works in close collaboration with the BMS/OHR New York, BMS/Office of Finance Management (OFM)/Corporate Financial Reporting and Agency Services Team, BMS/Information and Technology Management Office (ITM), as well as the transactional part of HR and finance services ensuring successful operations, human resources management, financial resource management, and client-orientation of the People Programmes.

UNDP adopts a portfolio approach to accommodate changing business needs and leverage linkages across interventions to achieve its strategic goals. Therefore, UNDP personnel are expected to work across units, functions, teams, and projects in multidisciplinary teams in order to enhance and enable horizontal collaboration.

1)ย ย ย ย Ensures implementation of the People Programme financial management strategies:

Ensure People Programmes financial activities, financial recording/reporting system, and follow-up on audit recommendations are in full compliance with UNDP Programme and Operations Policies and Procedures (POPP) and strategies. ย  Support implementation of effective internal controls and proper functioning of a client-oriented financial resources management system. Assist in supporting office management to articulate the framework and conditions of contributions to People Programmes. Assist in monitoring People Programme financial resources, reconcile donor accounts and prepare forecasts. Support in monitoring of financial exception reports for unusual activities, transactions and investigation of anomalies or unusual transactions. Provision of information to management on the results of the investigation when satisfactory answers are not obtained. Support in reviewing and approving cost estimates, including update and development of tools for calculation of JPO/SDP/Seconded expert costs and continuous alignment with UNDP finance policies. Assist in monitoring and follow up on contributions from donors to the JPO Programme positions.ย  Support in organization of cost-recovery mechanisms for services provided by UNDP to JPO Programmes of UN agencies. Assist in controlling and monitoring of co-financing arrangements and processes Support in controlling and monitoring of Centrally Management Costs arrangements and processes Support end-year reversal of UN Organisations JPO Programme financial transactions from UNDP books.
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2) ย Ensure implementation of timely and accurate financial reporting on People Programmes:

Support implementation of new JPO Programme financial model and suggest improvements as applicable. Assists in preparation of reports containing analysis of the People Programme financial situation. Support in monitoring and preparation of People Programmes ย financial reports to donors and UN Agencies on a timely and quality basis.
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3) ย Provide accounting and administrative support to the OHR/TAPP unit:

Ensure proper control of the supporting documents and payment invoices and proper document management including systematic archiving. ย  Support in reviewing periodic oversight of financial reports for projects and management funds/budget balance.ย  Maintain internal expenditures control system which ensures that invoices processed are matched and completed, transactions are correctly recorded and posted in ERP; and travel claims and other entitlements are duly processed. Assist in coordinating and reviewing allocated General Ledger and sub-ledger accounts and support timely project closure. Take timely corrective actions on unposted invoices, including invoices with validation errors, match exceptions, and/or unapproved invoices. Provide timely response to HQ requests to resolve financial data issues. Support in facilitation of JPO travel requests, including organization of airtickets and monitoring of Duty Travel and Training Balances ย 
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4) ย  Ensure facilitation of knowledge building and knowledge sharing:

๐Ÿ“š ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—š๐—ฒ๐˜ ๐—ฎ ๐—๐—ผ๐—ฏ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ! ๐ŸŒ๐Ÿค ๐—ฅ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐˜‚๐—ฟ ๐—ก๐—˜๐—ช ๐—ฅ๐—ฒ๐—ฐ๐—ฟ๐˜‚๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—š๐˜‚๐—ถ๐—ฑ๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ฒ๐˜€๐˜ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—จ๐—ก๐—›๐—–๐—ฅ, ๐—ช๐—™๐—ฃ, ๐—จ๐—ก๐—œ๐—–๐—˜๐—™, ๐—จ๐—ก๐——๐—ฆ๐—ฆ, ๐—จ๐—ก๐—™๐—ฃ๐—”, ๐—œ๐—ข๐—  ๐—ฎ๐—ป๐—ฑ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€! ๐ŸŒ

โš ๏ธ ๐‚๐ก๐š๐ง๐ ๐ž ๐˜๐จ๐ฎ๐ซ ๐‹๐ข๐Ÿ๐ž ๐๐จ๐ฐ: ๐๐จ๐ฐ๐ž๐ซ๐Ÿ๐ฎ๐ฅ ๐“๐ž๐œ๐ก๐ง๐ข๐ช๐ฎ๐ž๐ฌ ๐ก๐จ๐ฐ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐ฃ๐จ๐› ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐๐š๐ญ๐ข๐จ๐ง๐ฌ ๐๐Ž๐–!

Organize training for the human resources team on financial management. Synthesize lessons learned and best practices in financial management. Provide sound contributions to knowledge networks and communities of practice.
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The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization. Competencies
ย  Core: Full list of UNDP Core Competencies can be foundย hereย ย 

Achieve Results - LEVEL 2: Scale up solutions and simplifies processes, balances speed and accuracy in doing workย  Think Innovatively - LEVEL 2: Offer new ideas/open to new approaches, demonstrate systemic/integrated thinkingย  Learn Continuously - LEVEL 2: Go outside comfort zone, learn from others and support their learning Adapt with Agility -ย LEVEL 2: Adapt processes/approaches to new situations, involve others in change processย  Act with Determination - LEVEL 2: Able to persevere and deal with multiple sources of pressure simultaneouslyย  Engage and Partner - LEVEL 2: Is facilitator/integrator, bring people together, build/maintain coalitions/partnershipsย  Enable Diversity and Inclusion - LEVEL 2: Facilitate conversations to bridge differences, considers in decision making ย 
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Cross-Functional & Technical competenciesย 

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

Business Development - Knowledge Facilitation: ย ย ย 

ย Ability to animate individuals and communities of contributors to participate and share, particularly externally

Business Management - Working with Evidence and Data:

Ability to inspect, cleanse, transform and model data with the goal of discovering useful information, informing conclusions and supporting decision-making

Financeย ย ย -ย Accounting (General):

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

Financeย -ย Budget Management:

Ability to support budgetary aspects of work planning process, drawing and management of team budgetsย 

Finance - Audit Risk Management:

Ability to address audit issues raised in the course of an audit and propose solutions in order to ensure a true and fair audit opinion is achieved.

Finance - Banking and Cash Management:

Ability to collect, handle, and manage cash, which involves assessing market liquidity, cash flow, and investments
ย  Required Skills and Experience ย  Education:
Fully Qualified Accountant, from an internationally accredited institute of accountancy or Full Completion of the UNDP Finance Training and Certification Programme (FTCP). No UNDP Accountancy and Finance Test (AFT) is required.ย  Candidates with no professional accountancy qualifications, but with degrees that major in accountancy and/or finance must complete UNDP Finance Training and Certification Programme (FTCP), if recruited. However, no UNDP Accountancy and Finance Test (AFT) is required. Candidate with no professional accountancy qualifications but with relevant experience must successfully undertake UNDP Accountancy and Finance Test (AFT) before shortlisting and must complete the UNDP Finance Training and Certification Programme (FTCP), if recruited. Experience: 7 years (with high school diploma) or 4 years (with bachelorโ€™s degree) of progressively responsible finance and accounting experience at the national or international level is required. Experience in the use of computers and office software packages (MS Word, Excel, etc.) and advanced knowledge of spreadsheets and web-based management systems such as ERP financials and database packages. Knowledge of IPSAS and/or IFRS is required.ย 
ย  Language:
Fluency in English Knowledge of another UN language would be an asset. ย  Disclaimer
ย  Important information for US Permanent Residents ('Green Card' holders)ย  ย  Under US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP 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.ย 
ย  UNDP 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.
ย  Applicant information about UNDP rosters ย  Note: UNDP reserves the right to select one or more candidates from this vacancy announcement.ย  We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
ย  Non-discrimination
ย  UNDP 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.ย ย 
ย  UNDP 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.ย 
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