UNDP Jobs - 53164- Finance Analyst (Revenue Lead)

Finance Analyst (Revenue Lead)

Location :

Kuala lumpur, MALAYSIA

Type of Contract :

FTA International

Starting Date :

01-Apr-2015

Application Deadline :

06-Mar-15 (Midnight New York, USA)

Post Level :

P-2

Duration of Initial Contract :

One year (renewable subject to satisfactory performance)

Languages Required :

English

Expected Duration of Assignment :

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence. 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.

Background

The Office of Financial Resources Management (OFRM), Bureau of Management supports UNDP in the promotion of its sustainable human development agenda. It achieves this by developing and making fully operational a dynamic and harmonized integrated resource management framework.

As part of this commitment, UNDP adopted International Public Sector Accounting Standards (IPSAS) on 1 January 2012, and established the Global Shared Service Centre (GSSC) to serve UNDP’s network of offices (covering 166 countries around the world) in the provision of financial, accounting and procurement services. In addition to their day-to-day operations, the GSSC supports UNDP’s country offices through transactions support training where needed, and other ad-hoc services to OFRM.

The Finance Analyst (Revenue Lead) supervises the timely and accurate recording of Revenues. The Revenue Lead is also responsible for the monitoring and encashment of the letters of Credits arrangements and the promissory notes. S/he will be required to work closely with other divisions within the Office of Financial Resources Management (OFRM) to ensure the integrity of UNDP financial records. The incumbent also provides input to the preparation of corporate reports and financial schedules to support the corporate financial statements (interim financial and biennium for audit).

S/he will monitor team work in accordance to Service Agreements, will have a transparent and open communication with GSSC customers, and report any deviation to the Services Agreements so that corrective actions can be taken in time.

S/he will improve regularly the team’ processes, in a continuous improvement culture. The Revenue Lead reports to the Chief, GSSC, with a matrix reporting line to the Revenue Global Process Owner in Headquarters.

Directly in charge of Revenue and Treasury accounting, s/he will also be able to assist on Procure to Pay, Record to Report, HR Finance, Analytics and Regional Tier 1 processes.

Duties and Responsibilities

Under the guidance and direct supervision of the Chief, GSSC, and the Revenue Global Process Owner in Headquarters, the Finance Analyst (Revenue Lead) carries out the following functions in line with the Standard Operating Procedures, UNDP Financial Rules and Regulations and IPSAS standards.

Review and approves prepared financial schedules and reports; ensure effective and timely execution of the accounting activities for all contributions and other related income to UNDP, as well as for treasury accounting;
Ensures accurate completeness and timely preparation of a comprehensive set of management, operational and statutory reports through which the organization fulfills in part its accountability requirement to Donors and Executive Board;
Manage annual interest income apportionment and application of interest income;
Review and approve accounting transactions including application of income processed through the AR module and GLJEs for payment of refunds to donors payments processed by revenue processors;
Manage the Revenue team in an adequate manner, in respect of UNDP principles, and to maintain the excellence of the GSSC. Ensure a Continuous Progress program is implemented to adapt to the evolution of the organization and provides yearly improvements;
Communicates clearly and openly with GSSC clients, based on facts. Ensure clients priorities and constraints are well understood, and ensures also that client understand and are aware of GSSC constraints.

Competencies

Core:

Innovation

Ability to make new and useful ideas work.

Leadership

Ability to persuade others to follow.

People Management

Ability to improve performance and satisfaction.

Communication

Ability to listen, adapt, persuade and transform.

Delivery

Ability to get things done.

Technical/Functional:

Accounting (General)

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

Audit

Ability to examine and verify accounts and records.

Treasury Management

Ability to manage organization's holdings with the ultimate goal of maximizing liquidity and mitigating risk.

Contributions Management

Ability to receive, record, report and manage contributions.

Knowledge Management

Ability to efficiently handle and share information and knowledge.

Operational Efficiency

Ability to identify and execute opportunities to improve operational efficiency.

Problem Solving

Accurately accumulating information and its analysis; forecasting potential problems and planning; allowing for alternative, creative solutions and identifying most reasonable solutions.

Required Skills and Experience

Education:

Advanced (Master’s) University Degree in Finance, Accounting, Business Administration or a relevant discipline or a professional accounting qualification certificate from an internationally recognized institute of accountancy;
Those with professional accounting qualification certificate from an internationally recognized institute of accountancy will have a distinct advantage;
Long-listed candidates will be required to undergo the UNDP Advanced Accountancy & Finance Test.

Experience:

Minimum 2 years of relevant experience in treasury and/or financial accounting;
Experience of IPSAS and/or IFRS is required for external candidates;
Experience in the usage of computers and MS Office packages;
Advanced knowledge of spreadsheet and database packages;
Experience in handling of web-based management systems;
Hands-on experience with Enterprise Resource Planning (ERP), preferably with ATLAS (PeopleSoft) is desirable.

Language:

Fluency in English;
Knowledge of any other UN languages (French/Spanish/Arabic) is a plus.