Background:
The OSCE has a comprehensive approach to security that encompasses politico-military, economic and environmental, and human aspects. It therefore addresses a wide range of security-related concerns, including arms control, confidence- and security-building measures, human rights, combating human trafficking, national minorities, democratization, policing strategies, counter-terrorism and economic and environmental activities. All 57 participating States enjoy equal status, and decisions are taken by consensus on a politically, but not legally binding basis.
The OSCE Secretariat in Vienna assists the Chairpersonship in its activities, and provides operational and administrative support to the field operations, and, as appropriate, to other institutions.
The Department of Management and Finance (DMF) is responsible for managing the material and financial resources of the Organization. The objective of DMF is to provide efficient and effective management of non-staff resources in support of OSCE programmatic activities. It provides policy guidance on the management of OSCE financial and material resources and develops and maintains OSCE Financial Regulations and Rules and Financial/Administrative Instructions. DMF consists of Budget and Finance Services, Mission Support Section, Information and Communication Technology Section and the Information Security and Co-ordination Unit.
The Budget and Finance Services Section is responsible for co-ordinating and supporting the programme planning and budgeting process in general, including providing policy guidance and support to the OSCE Secretariat, Institutions and Field Operations and management of the Organization’s Finances. The Budget and Finance Services Section consists of the Accounts and Treasury Unit and Integrated Resource Management Unit.
Tasks and Responsibilities:
As Associate Treasury Officer, you will assist in overseeing the daily operations of the Accounts and Treasury Unit to ensure all Treasury activities are being carried out in an efficient and effective manner.
Under guidance of the Finance Officer, you will ensure adequate internal controls are in place and are being followed, update Treasury related financial regulations and procedures, liaise with other Departments, Institutions and Field Operations regarding Treasury related matters, and review all existing banking arrangements throughout the OSCE.
Working under limited supervision, you will assist in the preparation of standard financial reports for the Accounts and Treasury Unit and work closely with colleagues in producing the monthly and year-end Treasury account reconciliations.
You will report to the Finance Officer, Accounts and Treasury Unit, and your second-level supervisor is the Chief, Accounts and Treasury Unit.

More specifically, you will perform the following functions:

• Reviewing the Secretariat’s bank accounts to ensure they are reconciled on a daily basis and following-up to make certain that any unreconciled items in Oracle are being resolved in a timely fashion. Informing the supervisor of any unusual transactions, such as high bank charges and inappropriate debits and credits made by the bank;
• As second signatory for approval of payments made by electronic transfer or cheque, ensuring payments are proper and have been authorized by the responsible person(s);
• Maintaining the electronic banking database access controls and ensuring the electronic payment interfaces from Oracle to Electronic Banking are executed properly;
• Reviewing replenishment requests from other Institutions and Field Offices and ensuring they are processed promptly;
• Monitoring the Secretariat’s bank accounts in e-banking on a daily basis and informing the supervisor of any incoming funds that can be immediately invested in time-deposits. Performing bank transfers between Secretariat bank accounts to ensure funds are available when needed and that excess funds are invested in accordance with OSCE Investment Policy;
• With an average portfolio of EUR 180 million in cash and time deposits held in over sixty bank accounts, keeping abreast of financial markets and banking sectors, both on a regional basis and worldwide. In this capacity, reviewing the existing banking arrangements to ensure the OSCE is receiving quality banking services at competitive costs, and performing risk analysis to ensure the banks are financially stable;
• Reviewing holdings in foreign currencies to ensure exposure in those currencies is kept at a minimum and monitoring foreign currency markets and exchange rates;
• Preparing the monthly and year-end reconciliation reports for assigned asset and liability accounts, taking follow-up action to ensure outstanding items are cleared in a timely manner;
• Producing and analysing standard and ad-hoc reports for Management and participating States, and providing explanations for unusual and significant variances, bringing them to the attention of the supervisor and Management;
• Approving the interface payment batches and is the second signatory for approving payments in the Electronic Banking system; reviewing and approving international payments made on behalf of Institutions and Field operation to supplier bank account located abroad; reviewing bank charges assessed on all OSCE bank accounts to ensure the charges are proper; recommending actions to the supervisor for improving payment methods for bank transactions to minimize bank fees;
• Performing other duties as assigned.

For more detailed information on the structure and work of the OSCE Secretariat, please see https://www.osce.org/secretariat

Necessary Qualifications:

• Second-level university degree in business administration, accounting, finance or related; a first-level university degree in the mentioned fields in combination with two additional years of relevant experience will be accepted in lieu of the second-level university degree;
• A minimum of two years of work experience in the field of finance, preferably in the public sector or an international organization;
• Solid understanding of the procedures, channels of communication and regulatory requirements of the treasury function, in particular in banking operations and wider banking industry;
• Strong focus on accuracy and consistency, with strong analytical, data extraction, reporting skills, and logical thinking;
• Excellent oral and written communication skills in English; knowledge of another OSCE official language is desirable;
• Ability to work independently, set priorities and organize work to meet tight deadlines;
• Experience of IPSAS and their application is desirable;
• Computer literate with practical experience in Microsoft applications and with complex computerized ERP systems;
• Demonstrated gender awareness and sensitivity, and an ability to integrate a gender perspective into tasks and activities;
• Ability and willingness to work as a member of team, with people of different cultural, and religious backgrounds, different gender, and diverse political views, while maintaining impartiality and objectivity.

Remuneration Package:
Monthly remuneration is around EUR 6,100, with the actual monthly salary depending on post adjustment and family status. OSCE salaries are exempt from taxation in Austria. Social benefits will include possibility of participation in the Cigna medical insurance scheme and the OSCE Provident Fund. Other allowances and benefits are similar to those offered under the United Nations Common System.
Appointments are normally made at Step 1 of the applicable OSCE salary scale. In exceptional cases, an initial appointment at up to Step 3 may be considered. This depends on factors such as relevant experience exceeding minimum requirements or higher previous remuneration. Any such request by a candidate must be reviewed and approved by the OSCE before the appointment.
The OSCE retains the discretion to re-advertise/re-post the vacancy, to cancel the recruitment, to offer an appointment at a lower grade or to offer an appointment with a modified job description or for a different duration.
Only those candidates who are selected to participate in the subsequent stages of recruitment will be contacted.
Candidates interviewed and found suitable in the recruitment process for this vacancy notice will be placed on a roster of suitable candidates (valid for three years) for fixed-term posts, should a suitable opportunity arise. The placement on a roster does not guarantee a future appointment or assignment.
Please note that vacancies in the OSCE are open for competition only amongst nationals of participating States
The OSCE is committed to diversity and inclusion within its workforce, and encourages qualified female and male candidates from all religious, ethnic and social backgrounds to apply to become a part of the Organization.
Candidates should be aware that OSCE officials shall conduct themselves at all times in a manner befitting the status of an international civil servant. This includes avoiding any action which may adversely reflect on the integrity, independence and impartiality of their position and function as officials of the OSCE. The OSCE is committed to applying the highest ethical standards in carrying out its mandate. For more information on the values set out in OSCE Competency Model,
The OSCE is a non-career organization committed to the principle of staff rotation, therefore the maximum period of service in this post is 7 years.
Please be aware that OSCE appointments are subject to medical clearance.
The mandatory retirement age at the OSCE is 65 years for contracted positions at the general service, professional and director level. The Organization shall apply an age limit of 62 years at the time of appointment as the incumbent selected is normally expected to carry out the contractual obligation of two years.

Please be aware that the OSCE does not request payment at any stage of the application and review process.

• Issued by: OSCE Secretariat
• Requisition ID: SEC000664
• Contract Type: International Contracted
• Grade: P2
• Job Level: Professional
• Job Type: Contracted
• Number of posts: 1
• Location: SEC - OSCE Secretariat, Vienna
• Issue Date: Apr 22, 2025
• Closing Date: May 20, 2025
• Employee Status: Fixed Term
• Schedule: Full-time
• Education Level: Master’s Degree (Second-level university degree or equivalent)
• Target Start Date: As soon as possible

Please refer the Job description for details