Background

The Office of Financial Resources Management (OFRM), with the Bureau of Management, is responsible UNDP’s financial frameworks and for enhancing UNDP’s financial performance.

OFRM seeks to significantly strengthen its performance management framework to more effectively manage the financial performance of UNDP as a whole, to provide a better understanding of the development, performance and financial position of UNDP, including at the various organizational unit levels. In doing so, UNDP seeks to align its financial performance measurement system with the new processes and structures arising from UNDP’s internal change programme.

In doing so UNDP seeks to:

  • Develop a balanced financial performance management framework that aligns performance measures and KPI's with the strategy of the organization;
  • Implement performance management measures that measure the direction and progress made to reach UNDP’s strategic and operational goals;
  • Establish early warning capabilities for emerging financial performance risks.

The development of a more comprehensive suite of performance measures should address the full spectrum of financial management (including budgeting, accounting, treasury) present and emerging risks, governance and controls, and transparency of the organization as well as the quality of services provided by OFRM.

Duties and Responsibilities

  • Review UNDP’s key documents, including its strategic plan, integrated results and resource framework, existing financial dashboards, current operational and financial performance and monitoring reports;
  • Review oversight reports and other information to identify areas of financial management risks;
  • Interview key stakeholders;
  • Develop balanced financial performance management framework aligned to UNDP’s strategic and operational business needs;
  • Recommend key performance measures and targets, including measurement definitions, formulas and benchmarks;
  • Design a balanced tracking mechanism and related tracking processes collect and report the KPIs, with due consideration to existing information systems.

Competencies

  • Commitment to UNDP’s mission, vision and values;
  • Sensitivity to cultural, gender, religion, race, nationality and age differences;
  • Demonstrated ability to provide strategic guidance and oversight in the area of financial and administrative management;
  • Proven skills and ability to identify issues, formulate opinions, draw conclusions and recommend solutions;
  • Able to assess risks and correctly analyze the likelihood of them occurring. Able to then prioritize action to the risks with the biggest business impact;
  • Strong understanding of regulatory frameworks and instruments;
  • Strong financial management and accounting skills;
  • Knowledge of the financial frameworks, programme policies & procedures of the UNDP and/or UN entities;
  • Thorough & proven understanding of common business and project management practices;
  • Analytical capabilities combined with strong leadership, interpersonal, verbal and written communication skills.

Required Skills and Experience

Education:

  • Advanced (Masters) University Degree in Business Administration, Finance/Accounting 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.

Experience:

  • At least 10 years’ experience in senior financial management positions for large international organizations as well as audit experience in a large public auditing firm;
  • Familiarity with international development and the UN system would be an advantage. Developing country experience would be highly desirable.
  • A sound and detailed understanding of the UN environment, and the Finance and Accounting policies of UNDP;
  • Experience in formulating performance measures/KPIs for large finance functions;
  • Experience with performance measurement, indicators, monitoring and understanding of statistics;
  • Experience with ERP systems, PeopleSoft an advantage.

Language Requirements:

  • Fluency in English is essential.