UN Women: Finance Specialist - Financial Reporting and Virtual Global Service Centre (VGSC)



Advertised on behalf of :

Location : New York, UNITED STATES OF AMERICA
Application Deadline :06-Oct-22 (Midnight New York, USA)
Time left :3d 19h 31m
Type of Contract :FTA International
Post Level :P-3
Languages Required :
English  
Duration of Initial Contract :1 year


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

UN Women, grounded in the vision of equality enshrined in the Charter of the United Nations, works for the elimination of discrimination against women and girls; the empowerment of women; and the achievement of equality between women and men as partners and beneficiaries of development, human rights, humanitarian action and peace and security.

The Division of Management and Administration is responsible for the planning, allocation and management of financial, administrative resources including information communications and technology, the effective and efficient delivery of essential operations services in UN Women, continuous development and improvement in operations, policies, and methods to align with UN Women and stakeholders’ evolving business needs and advisory support to the Executive Director in the formulation and implementation of the UN Women overall mission, strategy and plans of actions.

 The Finance Specialist position forms part of UN Women’s Virtual Global Service Centre (VGSC) for financial donor reporting and project closure under the responsibility of the Deputy Director of Financial Management. 

Under the guidance and direct supervision of the Finance Specialist – Financial Reporting and Virtual Global Service Centre (VGSC) Unit Head, the Finance Specialist, Financial Reporting and VGSC is responsible for the management, oversight, timely and effective control of UN Women financial reporting and financial project closure. The Finance Specialist will always promote a client-oriented approach and abide by UN Women’s financial regulations and rules, ensuring compliance with UN Women Internal Control Framework, financial rules, regulations, policies, procedures and IPSAS.


Duties and Responsibilities

Prepare and supervise Financial reporting and other management reports

  • Prepare monthly and mid-year UN Women’s management accounts, specifically Statement of Financial Performance and Position and segment report for Financial Performance.
  • Prepare support workings for Statements of annual UN Women Financial Statements.
  • Prepare support workings for the Annual Certified Financial Donor reports.
  • Prepare and review of timely and accurate financial donor reports for donors for UN Women offices and sections; continuously review business process.
  • Provide quality assurance review and clearance of financial donor reports prepared by Finance Associates.
  • Prepare interim and annual donor reports in accordance with required timelines, donor agreements and any other financial reports required by Trust Funds and other cost sharing arrangements.
  • Prepare regular reports on the status of outstanding donor reports to the relevant unit and senior management and ensure action is taken to resolve pending reports.
  • Provide support to relevant offices to ensure that recording appropriate adjustments for errors identified during the donor reporting process are made.
  • Prepare reports for all over expenditures at a project level for communication by Unit Head; Prepare other adhoc management reports, as requested.

Supervise financial project closure

  • Review submissions for financial project closure of projects from UN Women offices/sections within timeframe established in UN Women Financial Regulations and Rules; continuously review business process.
  • Prepare reports to facilitate monitoring and follow up with Regional Offices and HQ Sections on status of operationally closed projects which have not yet been financially closed across UN Women.
  • Maintain proper supporting documents for refunds to donors and general ledger journals.

Develop donor reporting and financial project closure capacity

  • Provide donor reporting and financial project closure capacity building for each of the six Regional Offices, including conducting detailed training (virtual global service center) on a daily basis.
  • Assist with building capacity and knowledge throughout UN Women offices and sections by developing tools and resources which demonstrate best practices for the financial management of programmes and accounting and record keeping practices needed to ensure that donor reports can be prepared on a timely basis.

Ensure monitoring, oversight and financial improvements

  • Review and provide financial clearance of all donor reports and project closure actions for compliance with donor agreements and UN Women policies and procedures on a timely basis.
  • Ensure full compliance with International Public Sector Accounting Standards (IPSAS) and all UN Women Financial Regulations and Rules, Operations manuals, Internal Control policies and procedures, Standard operating procedures, Finance manual, and Delegations of Authority to ensure consistency across UN Women and harmonization with other UN Agencies.  Provide recommendations to Deputy Director of Financial Management for proposed amendments.
  • Follow up adherence to issued guidelines with users to ensure all actions are taken within the established timelines. Report to the Deputy Director of Financial Management any case of non-adherence for timely action.
  • Provide alternate support for EU funded programmes as required.  

Provide advisory support and technical guidance

  • Review and reconcile other resources funded project cash balance to General ledger and provide advice to all offices and sections of UN Women on cash balances.
  • Provide timely advice to all offices and sections of UNW on financial donor reporting and financial project closure.
  • Collaborate with other stakeholders on project closure and financial donor reporting to ensure that best practices are being followed.

Respond to Audit

  • Participate as a member of the UN Women finance team for EU verification missions of UN Women, including full participation in preparation of offices and clearances of verification responses.
  • Draft responses for HQ and review and draft responses for Field Offices in relation to internal and external audit requests relating to financial donor reporting and project closure.
  • Follow up and/or take prompt action to respond to audit and other findings on financial management including recommending improvements in policies, procedures and practices, as required.

Provide knowledge building for financial reporting and project closure

  • Provide suggestions to improve the financial reporting and project closure sections of UN Women Finance. website to ensure that current dissemination of financial information and policies to all UN Women users.
  • Provide technical inputs to and/or initiate the development of UNW financial policies, procedures, guidance notes, internal control, business flows, reporting and systems.
  • Conduct and/or organize training events and activities and conduct inductions of new staff members.
  • Meet with clients and stakeholders as requested to build capacity and knowledge.

Supervise Financial Reporting and Project Closure finance staff

  • Promote teamwork and high level of productivity through efficient staff supervision and mentoring.
  • Perform the daily distribution of workload amongst staff assigned to donor reporting and financial project closure.
  • Supervise daily progress and provide guidance and direction to the staff as necessary to ensure goals and objectives are achieved.

Approving and certifying function

  • Perform delegated approval function in Atlas on a timely basis.
  • Review and provide financial clearance of all donor agreements as delegated for compliance with standard agreements on a timely basis.

Perform other duties as assigned by Unit Head – Reporting & VGSC and Deputy Director of Financial Management

 

Key Performance Indicators

  • Timely advice and training to colleagues in the field and HQ so that capacity to perform donor reporting and financial project closure is increased;
  • Timely submission and high quality of donors reports to internal and external stakeholders;
  • Timely closure of financial projects;
  • Quality inputs to Finance rules, regulations, guidelines, manuals, and policies;
  • Adherence to IPSAS and all UN Women financial rules, regulations, policies, and procedures;
  • Timely submission of audit responses;
  • Performance of Financial Reporting and Project Closure team members.


Competencies

Core Values:

  • Respect for Diversity
  • Integrity
  • Professionalism

 

Core Competencies:

  • Awareness and Sensitivity Regarding Gender Issues
  • Accountability
  • Creative Problem Solving
  • Effective Communication
  • Inclusive Collaboration
  • Stakeholder Engagement
  • Leading by Example

Please visit this link for more information on UN Women’s Core Values and Competencies:  https://www.unwomen.org/sites/default/files/Headquarters/Attachments/Sections/About%20Us/Employment/UN-Women-values-and-competencies-framework-en.pdf

 

FUNCTIONAL COMPETENCIES:

  • Strong knowledge and expertise in preparation of financial statements, financial planning and management principles and approaches;
  • Strong knowledge of complex financial rules and regulations, preferably UN/UNDP/UN Women Financial Rules and regulations;
  • Demonstrated business acumen and judgment;
  • Conceptual/strategic skills and success in implementing financial re-engineering, management systems development, policy design, innovation and knowledge product development;
  • Excellent communication skills;
  • Advance knowledge of Excel spreadsheet and database packages. 

 


Required Skills and Experience

Education and certification:

  • Master’s Degree (or equivalent) in Finance/Accounting, or a Professional accounting qualification from an internationally recognized institute of accountancy, (Chartered Accountant or Certified Public Accountant).
  • Professionally qualified accountants from an internationally recognized institute of accountancy will have a distinct advantage.
  • Successful completion of UN Women accounting technical test.

Experience:

  • At least 5 years of extensive and progressively responsible experience in financial management, at least 1 years of which should be at the supervisory level, in a large international and/or corporate organization. 
  • Experience of IPSAS or IFRS environment with experience in producing financial statements and notes;
  • Experience in financial donor reporting and financial project closure is highly desirable;
  • Solid knowledge and experience in the application of complex financial ERP systems and modules (preferably PeopleSoft/Atlas);
  • Experience in the UN system and its organizations is an asset;
  • Experience with IT development automation of financial systems and reports is highly desirable.

Language Requirements:

  • Fluency in written and spoken English is required;
  • Working knowledge of another UN language is desirable. 

 

Application:

All applications must include (as an attachment) the completed UN Women Personal History form (P-11) which can be downloaded from https://www.unwomen.org/sites/default/files/Headquarters/Attachments/Sections/About%20Us/Employment/UN-Women-P11-Personal-History-Form.doc Kindly note that the system will only allow one attachment. Applications without the completed UN Women P-11 form will be treated as incomplete and will not be considered for further assessment.

Note:

In July 2010, the United Nations General Assembly created UN Women, the United Nations Entity for Gender Equality and the Empowerment of Women. The creation of UN Women came about as part of the UN reform agenda, bringing together resources and mandates for greater impact. It merges and builds on the important work of four previously distinct parts of the UN system (DAW, OSAGI, INSTRAW and UNIFEM), which focused exclusively on gender equality and women's empowerment.

At UN Women, we are committed to creating a diverse and inclusive environment of mutual respect. UN Women recruits, employs, trains, compensates, and promotes regardless of race, religion, color, sex, gender identity, sexual orientation, age, ability, national origin, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, competence, integrity and organizational need.

If you need any reasonable accommodation to support your participation in the recruitment and selection process, please include this information in your application. 

UN Women has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and UN Women, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination.  All selected candidates will be expected to adhere to UN Women’s policies and procedures and the standards of conduct expected of UN Women personnel and will therefore undergo rigorous reference and background checks. (Background checks will include the verification of academic credential(s) and employment history. Selected candidates may be required to provide additional information to conduct a background check.)

 

 


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