Background
While graduation from Least Developed Country (LDC) status is a testament to Bangladeshโs developmental progress, it will bring various challenges, requiring adroit policy responses to manage the transition and prepare, especially for the loss of LDC-specific trade preferences. If Bangladesh can successfully navigate and mitigate any adverse implications for its export trade following its graduation from the LDC status, the transition should not precipitate major economic consequences but will rather represent a natural progression in economic development. However, to navigate the transition effectively, Bangladesh must adopt a dual approach: securing extended LDC-type trade preferences as a transitional buffer and bolstering export competitiveness.
The Ministry of Commerce (MoC) will play a crucial role in the post-LDC scenario, despite facing limited resourcesโencompassing human, financial, and technical capacitiesโand programmatic support. The IP Transformative Economic Policy Programme (TEPP) โ II project, funded by the UK government, aims to bridge these gaps, aligning closely with national priorities for a smooth LDC graduation, particularly on Bangladeshโs trade policy and trade negotiation skills, inter-ministerial coordination on compliance issues, private sectorโs competitiveness, and evidence-based policy initiatives.
Foreign Direct Investment (FDI) will also play a crucial role in supporting ongoing growth and economic development and reaping potential benefits from the LDC graduation. In an evolving context, Bangladesh will need to improve investment facilitation, retention, and aftercare services to attract more FDI. This project, through the Research and Analytics Unit (RAU), anchored in the Bangladesh Investment Development Authority (BIDA) of the Prime Ministerโs Office will also support evidence-based policy reforms for improved investment climate in Bangladesh. ย
Duties and Responsibilities
Under the supervision of the Project Manager, the incumbent will perform the above-mentioned activities, and the Project Manager will be responsible for the service evaluation of the Project Analyst- Admin &Finance. The Project Analyst (Admin and Finance) will supervise Project Admin and Driver.
The Project Analyst- Admin & Finance will work under the supervision of the Project Manager. S/he will perform the below duties:
Ensure Financial Management
Maintain accurate financial records, including budgeting, expenditure tracking, and cash flow management. Monitor the project's financial performance, identify variances, and ensure alignment with approved budgets. Support the preparation of annual and quarterly financial reports, ensuring all required documentation and evidence are available for auditing purposes. Ensure that all financial transactions are properly recorded and comply with UNDP and Government of Bangladesh (GoB) financial regulations and procedures. Ensure timely and accurate processing of all financial transactions, including requisitions, purchase orders, and payment requests. Prepare financial statements and reports for management and donor review, ensuring full compliance with UNDP guidelines and donor-specific requirements. Conduct financial analysis and provide actionable recommendations to enhance resource utilization and ensure the cost-effectiveness of project activities. Assist in the preparation and coordination of internal and external audits related to financial management. Implement and maintain effective internal control systems to mitigate risks of fraud, waste, and mismanagement. Ensure that all financial records and supporting documents are properly organized, securely stored, and readily accessible for audit and review purposes.Provide Administration and Procurement services
Assist in maintaining accurate asset records, conduct regular physical verification and reconciliation of assets. Ensure proper asset disposal in compliance with UNDP and GoB guidelines. ย Assist in the development of procurement plans aligned with project requirements and in compliance with UNDP procurement policies and procedures. Prepare and process procurement documentation, including electronic requisitions (e-requisitions) for contracts related to goods and services. Ensure timely payments in accordance with contract terms. Maintain accurate and accessible procurement records for audits and reviews.ย Assist in preparing procurement reports for project management and donor requirements.Facilitate Capacity Building
Conduct capacity building activities on financial and administrative management for project staff, implementing partners to ensure proper use of project resources Actively contribute to the strengthening of financial management systems and processes for improved project implementationEnsure facilitation of knowledge building and knowledge sharing and provide guidance to all stakeholders on financial matters.
Provide guidance on routine implementation of projects and tracking use of financial resources.ย Organize and conduct training for the Project Staff on financial management and RBM.ย Assist in providing regular training and technical guidance/advice on audit and compliance matters, including implementation of Internal Control Framework (ICF).ย ย Synthesize lessons learned and best practices in project 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.
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Competencies
Core competencies:
Achieve Results: LEVEL 2: Scale up solutions and simplifies processes, balances speed and accuracy in doing work Think Innovatively: LEVEL 2: Offer new ideas/open to new approaches, demonstrate systemic/integrated thinking Learn Continuously: LEVEL 2: Go outside comfort zone, learn from others and support their learningAdapt with Agility: ย LEVEL 2: Adapt processes/approaches to new situations, involve others in change process Act with Determination: LEVEL 2: Able to persevere and deal with multiple sources of pressure simultaneously Engage and Partner: LEVEL 2: Is facilitator/integrator, bring people together, build/maintain coalitions/partnerships Enable Diversity and Inclusion: LEVEL 2: Facilitate conversations to bridge differences, considers in decision makingย
People Management
UNDP People Management Competencies can be found in the dedicated site.Cross-Functional & Technical competencies
Financeย ย ย ย
Procurementย ย ย
Contract management. Knowledge of contract management concepts, principles and methods, and ability to apply this to strategic and/or practical situationsย Procure-to-Pay. Knowledge of purchase-to-pay cycles, concepts, principles and policies, and ability to apply this to strategic and/or practical situationsBusiness Direction & Strategyย ย ย ย
Systems 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 systemBusiness Management ย ย ย ย
Result -based Management. Ability to manage the implementation of strategies, programmes, and projects with a focus at improved performance and demonstrable results. Knowledge and understanding of relevant theories, concepts, methodologies, instruments, and tools.Required Skills and Experience
Education:
A professional accounting qualification from an internationally accredited institute of accountancy, and/or Advanced (Masterยดs) University Degree in Finance and/or Accounting is required. ย Or a first-level university degree (bachelorโs degree) in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree.ย Candidates with professional accounting qualifications from an internationally accredited institute of accountancy will have a distinct advantage.ย 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.ย ย Candidates satisfying the two above criteria are exempted from undertaking the UNDP Advanced Accountancy and Finance Test (AAFT).ย 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.Experience:
Applicants with a Masterโs degree (or equivalent) in a relevant field of study are not required to have professional work experience. Applicants with a Bachelorโs degree (or equivalent) are required to have a minimum of two (2) years of relevant professional experience in finance and procurement management services.ย Professional experience in managing project budgets, tracking expenditure and financial reporting through analyzing financial data (including pivot tables, formulas, and data analysis tools) and operational efficiency. Experience with procurement processes, tendering, and contract management in development projects. Experience working in the International Development Organizations, International NGOs in Finance and Procurement.ย Experience with accounting software and experience in handling web-based management systems and knowledge of Enterprise Resource Planning (ERP) systems.\\ ย Experience on financial analysis and provide actionable recommendations to ensure the cost-effectiveness of project activities. Experience working in Finance, Admin and Procurement area. Experience on process procurement documentation, including electronic requisitions (e-requisitions) for contracts related to goods and services.Required Language(s) ย ย ย ย
Fluency in English and Bangla is required.ยEqual opportunity
As an equal opportunity employer, UNDP values diversity as an expression of the multiplicity of nations and cultures where we operate and, as such, we encourage qualified applicants from all backgrounds to apply for roles in the organization. Our employment decisions are based on merit and suitability for the role, without discrimination.ย
UNDP is also committed to creating an inclusive workplace where all personnel are empowered to contribute to our mission, are valued, can thrive, and benefit from career opportunities that are open to all.
Sexual harassment, exploitation, and abuse of authority
UNDP does not tolerate harassment, sexual harassment, exploitation, discrimination and abuse of authority. All selected candidates, therefore, undergo relevant checks and are expected to adhere to the respective standards and principles.ย
Right to select multiple candidates
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.
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