UNDP Jobs - 61725- Financial Specialist

Financial Specialist

Location :

Kuwait, KUWAIT

Type of Contract :

Other

Starting Date :

Application Deadline :

27-Nov-15 (Midnight New York, USA)

Post Level :

Other

Duration of Initial Contract :

Languages Required :

Arabic English

Expected Duration of Assignment :

One year, with a possibility of extension

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

Within the framework of the UNDP project Institutional Capacity Development for Implementation of the Kuwait National Development Plan (ICDI/KNDP), to General Secretariat of the Supreme Council of Planning and Development (GSSCPD), UNDP provides technical specialist ise and support the General Secretariat as well as other Government entities, with the aim of enhancing national planning and implementation in support to the timely and quality implementation of KNDP and to ensure optimal use of financial funds for this purpose.

Within this context, the Finance Direcor of GSSCPD is seeking the support of a financial specialist to conduct internal audit, review and provide technical advice in all matters relevant to the financial operations of GSSCPD.

Duties and Responsibilities

Under the direct supervision of the Finance Direcor of GSSCPD the financial specialist will assume the following tasks:

Review of all of the GSSCPD, CSB and CSC’s financial decisions and contracts and final balance to ensure their full alignment with the laws, rules and the financial regulations of the State of Kuwait;
Audit all financial administrative decisions to ensure that the expenditures are within the limits of the budgeted funds and is spent on its intended purpose;
Review all recruitment contracts, administrative decisions on deployment tasks, the formation of task forces, committees and commissioning of additional work outside office hours (overtime) at GSSCPD to ensure its alignment with the states rules and regulations;
Review the report of the Ministry of Finance’s Auditors on the financial conduct and operations of GSSCPD and their responses to it; and to report to the Finance Director on both of the auditors’ report and the responses;
Review and report to the Finance Director on the initial and final audit reports of State Audit Bureau’s on the GSSCPD financial conduct; and to audit the entities responses to it;
Develop and implement a capacity building plan for the relevant staff of the financial department at GSSCPD;
Produce assessment report on the status quo of the financial operations of GSSCPD, with recommendations for its improvement;
Develop action plan to implement the assessment recommendation;
Produce monthly progress report;
Any other assignment relevant to the consultancy as requested by finance director.

Competencies

Functional Competencies:

Work with teams effectively and show conflict resolution skills;
Consistently approach work with energy and a positive, constructive attitude;
Demonstrate strong oral and written communication skills in Arabic and English;
Knowledge of up-to-date public finance, economic reforms and policy analysis software;
Build strong relationships with GSSCPD and external parties.

Core Competencies:

Promotes the vision, mission, and strategic goals of GSSCPD;
Displays cultural, gender, religion, race, nationality and age sensitivity and adaptability;
Treats all people fairly without favouritism.

Required Skills and Experience

Education:

Bachelor in Accounting, Finance; A higher degree will be an advantage.

Experience:

Minimum of 15 years of experience in financial audit and financial management;
Experience in preparing and evaluating governmental contracts and reports;
Familiarity with Kuwait financial and monitory Law and regulations.

Language:

Fluency in Arabic and English.

Note:

The specialist will be on a governmental contract administered by the General Secretariat of the Supreme Council for Planning and Development.