Finance Associate for UNDP Panama Country Office

  • Added Date: Sunday, 10 February 2019
  • Deadline Date: Friday, 22 February 2019

Similar jobs

Finance Administrative Associate (temporary position) - UNDP Moldova Country Office
Organization: UNDP - United Nations Development Programme
Added: Tuesday, 09 July 2019
Deadline: Tuesday, 16 July 2019
Finance Associate
Organization: UNOPS
Added: Tuesday, 09 July 2019
Deadline: Sunday, 21 July 2019
Finance Associate
Organization: UNDP - United Nations Development Programme
Added: Wednesday, 03 July 2019
Deadline: Tuesday, 16 July 2019

Position Information

 

  • Implementation of operational and financial management strategies
  • Administration of budgets and cost-recovery system
  • Accounting. Finance and administrative support
  • Global payroll
  • CO cash management
  • Facilitation of knowledge building and knowledge sharing
  • Full compliance with UN/UNDP rules and regulations of financial processes, financial records and reports and audit follow up; implementation of the effective internal control framework.
  • CO finance business processes mapping and elaboration of the content of internal Standard Operating Procedures in Finance in consultation with the direct supervisor and office management.
  • Provision of inputs for implementation of cost-saving and reduction strategies in consultation with the office management.
  • Preparation of cost sharing and trust fund agreements, follow up on contributions within the CO resource mobilization efforts.
  • Budgets for UNDP management projects, follow-up with HQs on ASL for management projects.
  • Presentation of researched information for planning and status of financial resources of the CO.
  • Sending project budget to KK if authorized by the Senior Management (can be done only on the basis of signed prodocs and project budgets).
  • Timely preparation of cost-recovery bills in Atlas for the services provided by UNDP, implementation of the income tracking system and follow up on cost recovery.
  • Proper control of the supporting documents for payments and financial reports for NEX projects; preparation of all types of vouchers; Pay Cycle and payments execution.
  • Proper receipting of goods and services and establishment of accruals.
  • Approval of vendors in Atlas (if a senior member of the Finance team).
  • Global payrolls processing in Atlas. 
  • Maintenance of the internal expenditures control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in Atlas; payrolls are duly prepared and processed; travel claims, MPOs and other entitlements are duly processed
  • Timely accounts closure
  • Timely corrective actions on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers. Timely response to HQ requests to resolve financial data issues.
  • Timely corrective actions on erroneous data in Atlas. Preparation of financial reports as required.
  • Maintenance of the Accounts Receivables for UNDP projects and follow-up with partners on contributions, deposits creation in Atlas and their application to AR pending items.
  • Timely VAT reimbursements, payment of GLOC by the Government.
  • Alternate to Finance Associate (ICS-7) for timely review of cash position for local accounts to ensure sufficient funds on hand for disbursements. Timely identification and recording of receipts for income application.
  • Alternate to Finance Associate (ICS-7) for daily review of zero-balance account bank statements in Atlas to monitor imprest level; identification and recording of contributions.
  • Preparation of monthly UN exchange rate report to Treasury.
  • Timely and accurate preparation of bank reconciliations.
  • Alternate to Finance Associate (ICS-7) for timely preparation of monthly cashflow forecast for use by Operations Manager/ Finance Analyst. Liaison with UN Agencies to obtain estimate of their cash requirement. 
  • Initiation of bank transfers and deals in Atlas.
  • Organization of trainings for the operations/ projects staff on Finance.
  • Synthesis of lessons learnt and best practices in financial management.
  • Sound contributions to knowledge networks and communities of practice.

 

  • Tracks and reports on mobilized resources
  • Researches best practices and poses new, more effective ways of doing things
  • Identifies and communicates opportunities to promote learning and knowledge sharing
  • Understands the main processes and methods of work regarding to the position
  • Possesses knowledge of organizational policies and procedures relating to the position and applies them consistently in work tasks (specialized knowledge related to financial resources management, including formulating budgets, maintaining Accounts Receivables and Accounts Payables, reporting).
  • Strives to keep job knowledge up-to-date through self-directed study and other means of learning
  • Demonstrates good knowledge of information technology and applies it in work assignments
  • Documents ‘best practices’ in organizational change and development within and outside the UN system 
  • Demonstrates ability to identify problems and proposes solutions 
  • Uses information/databases/other management systems
  • Makes recommendations related to work procedures and implementation of management systems
  • Reports to internal and external clients in a timely and appropriate fashion
  • Organizes and prioritizes work schedule to meet client needs and deadlines
  • Responds to client needs promptly
  • Maintains databases
  • Demonstrate corporate knowledge and sound judgment 
  • Self-development, initiative-taking 
  • Acting as a team player and facilitating team work 
  • Facilitating and encouraging open communication in the team, communicating effectively 
  • Creating synergies through self-control
  • Managing conflict
  • Learning and sharing knowledge and encourage the learning of others. Promoting learning and knowledge management/sharing is the responsibility of each staff member.
  • Informed and transparent decision making

Education

  • Secondary Education, with specialized certification in Accounting and Finance.
  • University Degree in Finance, Business or Public Administration desirable.
  • Part-qualified accountants from an internationally recognized institute of accountancy will have a distinct advantage.
  • UNDP Accountancy & Finance Test required
  • 6 years of progressively responsible finance and accounting experience is required.
  • Experience in the usage of computers and office software packages (MS Word, Excel, etc) and advance knowledge of spreadsheet and database packages, experience in handling of web based management systems and ERP financials, preferably PeopleSoft.
  • Knowledge of IPSAS and/or IFRS  required

Language Requeriments

  • Fluency in written and spoken Spanish and English. The knowledge of English will be tested through a test.

Additional information

  • Please note that applications received after the deadline will not be considered.
  • Only short-listed qualified candidates will receive an acknowledgement.

Important applicant information

All posts in the GS categories are subject to local recruitment.

Applicant information about UNDP rosters

Note: UNDP 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 at the same grade level and with similar job description, experience and educational requirements.

Workforce diversity

UNDP is committed to achieving diversity within its workforce, and encourages all qualified applicants, irrespective of gender, nationality, disabilities, sexual orientation, culture, religious and ethnic backgrounds to apply. All applications will be treated in the strictest confidence.

Scam warning

The 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.

Contract Duration: 1 Year with possibility for extension

This vacancy is archived.

Recommended for you