Background Information - Job-specific
About Finance Group
The Finance Group (FG) is a critical and strategic business function in UNOPS and serves as an authoritative and integrated partner in the organization on strategic financial planning and budgeting, business strategy and practices, financial analysis and risk assessment, financial management services and long term organisational treasury and investments. As the steward of resources of a self-financing UN entity, FG is accountable for timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management of resources in accordance with the highest standards of ethics and organisational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.
Job Specific Context
In line with the UN High-Level Committee on Management (HLCM)โs request for far-reaching efficiency measures across various functional areas, the UNOPS Finance Group developed an initiative to allow consolidating treasury services across interested UN agencies, funds, and programs (AFPs), using UNOPSโ current Treasury and IT architecture focusing specifically on providing services related to Cash Management and Payments via an In-house Bank (IHB) set up using POBO (Payments on Behalf Of).
The Finance Senior Analyst IHB is a newly created key support role reporting to the IBH Lead. The role holder will support in various areas of the IHB, including project finance, budgeting, reporting to AFPS, and pricing analyses. The Finance Senior Analyst IHB will work in close collaboration with various teams in the Finance Group, and in close collaboration with the Project Lead IHB and Treasury Lead IHB. Role Purpose
The Finance Senior Analyst serves as a cornerstone of the project's financial integrity, ensuring successful in-house banking through meticulous budget management, insightful forecasting, and rigorous financial analysis. By providing clear visibility into project spending and performance, the role empowers leadership to make informed, data-driven decisions. Through diligent financial oversight and transparent reporting, this position safeguards project resources, enhances fiscal discipline, and reinforces the organization's commitment to delivering a cost-effective, compliant, and strategically sound in-house banking solution.
Functional Responsibilities
Project budgeting
Reporting and billing to AFPs
Accounting
KPI monitoring
Knowledge building and knowledge sharing
1. Project budgeting
Serve as budget focal point for all IHB related matters.
Establish and review cost estimates and budget proposals.
Provide support for budget submissions.
Monitor budget implementation and determine/recommend reallocation of funds when necessary.
Prepare recurring reports for expenditure incurred, and prepare reports on over- or under expenditure.
Ensure compliance with UNOPSโ Policies, Standards, Processes, and Guidances for all transactions.
Implement SOPs and internal guidelines for establishing robust budget management.
Assist in creation of accounts payables (RFPs) and accounts receivables where needed.
2. Reporting and billing to AFPs
Assist in establishment and refinements of the pricing models to participating AFPs.
Maintain oversight of accounts receivables from AFPs.
Reporting of costs to participating AFPs.
Perform validation and adjustments of pricing for payment services.
Timely review of cash position to ensure sufficient funds on hand for disbursement.
Prepare and send billing to the AFPs.
Timely prepare the cost-recovery bills in Enterprise System for the services provided and follow up on cost recovery.
3. Accounting and administrative support
Liaise with other colleagues in the Finance Group to ensure compliance with all accounting matters under UNOPSโ Policies, Standards, Processes, and Guidances.
Advise bank reconciliation team regarding the GL postings, reconciliations.
Proper control of the supporting documents for payment, review of financial reports for IBH project.
4. KPI monitoring
Design a KPI report or dashboard to monitor the pricing and acture fees
Support payment team on the payment performance regarding delays, return, rejections and so on.
Support design and Implementation of the control mechanism for IBH project through monitoring budgets preparation and modifications, budgetary status, maintenance of the General Ledger.
5. Knowledge building and knowledge sharing
Ensure processes are documented properly and updated timely and shared.
Provide sound contributions to knowledge networks and communities of practice by synthesizing lessons learnt and dissemination of best practices.
Collect feedback, ideas, and internal knowledge about processes and best practices and utilize productively.
CompetenciesTreats all individuals with respect; responds sensitively to differences and encourages others to do the same. Upholds organizational and ethical norms. Maintains high standards of trustworthiness. Role model for diversity and inclusion.
Acts as a positive role model contributing to the team spirit. Collaborates and supports the development of others. Demonstrates understanding of the impact of own role on all partners and always puts the end beneficiary first. Builds and maintains strong external relationships and is a competent partner for others (if relevant to the role). Efficiently establishes an appropriate course of action for self and/or others to accomplish a goal. Actions lead to total task accomplishment through concern for quality in all areas. Sees opportunities and takes the initiative to act on them. Understands that responsible use of resources maximizes our impact on our beneficiaries. Open to change and flexible in a fast paced environment. Effectively adapts own approach to suit changing circumstances or requirements. Reflects on experiences and modifies own behavior. Performance is consistent, even under pressure. Always pursues continuous improvements. Evaluates data and courses of action to reach logical, pragmatic decisions. Takes an unbiased, rational approach with calculated risks. Applies innovation and creativity to problem-solving. Expresses ideas or facts in a clear, concise and open manner. Communication indicates a consideration for the feelings and needs of others. Actively listens and proactively shares knowledge. Handles conflict effectively, by overcoming differences of opinion and finding common ground. Education/Experience/Language requirements
Education
An under-graduate degree (Bachelor) in Finance, Economics, and Business Administration, International Business, Management or other finance-related field is required. A graduate degree (Masterโs) in Finance, Economics, Business Administration, International Business, Management or other finance-related fields is desirable and may substitute for 2 years of work experience Appropriate professional accreditation or qualification in Treasury is beneficial. Experience
A minimum of 4 years of progressively responsible experience in Finance with a strong focus on budgeting, cashflow forecast, liquidity management, and payments is required. Exposure and experience working with Treasury technology (e.g., trading platforms, payment connections) and implementation experience are a key advantage. Exposure to treasury in fragile contexts and developing/frontier markets is a strong asset TMS knowledge would be a further advantage, particularly for the current TMS provider (Kyriba) Language Requirements
Full working knowledge of English.
Knowledge of another official UN language is an asset
Contract type, level and durationContract type: ICA
Contract level: I-ICA-1, ICS-09
Contract duration: Foreseen until 31 December 2026, renewable subject to satisfactory performance and funding availability The preferred duty station for this position is Copenhagen, Denmark. As per the terms of the Host Agreement between UNOPS and the Government of Denmark, UNOPS officials are privileged to an exemption from taxation on the salaries and emoluments paid to them by UNOPS granted that they reside in Denmark.
This vacancy is looking to fill a full-time position foreseen until 31 December 2026. As the contract modality for this Vacancy Announcement is an International Contractor Agreement, UNOPS may also offer a full-time short-term, ongoing, or a retainer (contract for intermittent work, subject to budget availability and business needs). For more details about the ICA contractual modality, please follow this link:
https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/Individual-Contractor-Agreements.aspx
Additional Information
Please note that UNOPS does not accept unsolicited resumes.
Applications received after the closing date will not be considered.
Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.
UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures, languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce.
UNOPS evaluates all applications based on the skills, qualifications and experience requirements outlined in the vacancy announcement. We are committed to considering all candidates in a fair and transparent manner, and we value diverse perspectives and experiences, including those of women, indigenous and racialized communities, individuals with diverse gender identities and sexual orientations, and people with disabilities.We would like to ensure all candidates perform at their best during the assessment process. If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.
Terms and Conditions
For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post.
For retainer contracts, you must complete a few mandatory courses ( they take around 4 hours to complete) in your own time, before providing services to UNOPS. Refreshers or new mandatory courses may be required during your contract. Please note that you will not receive any compensation for taking courses and refreshers. For more information on a retainer contract here.
All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.
It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.