G6 - Finance Associate - CFRA (For Malaysian Only)

at  United Nations Development Programme UNDP

BACKGROUND

The Office of Financial Management (OFM), Bureau for Management Services, supports the United Nations Development Programme (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 based on comprehensive analysis that enhances UNDP’s financial and administrative performance, as well as facilitates UN reform and coherence. To these ends, the framework addresses strategically critical financial resource planning and management issues, including results based budgeting; the integration of the Programming Arrangements and the Institutional Budget within the context of the integrated; enhanced cost classification and cost recovery; capital budgeting; adherence to IPSAS; foreign exchange and investment activities; corporate reporting of organizational assets; performance management tools and initiatives; and support to UN harmonization.

Effective and efficient integrated resources management is enabled through a continuous and robust process comprising of:

• Formulation and implementation of corporate financial and administrative strategies, policies and procedures.
• Formulation, alignment, documentation, and implementation of UNDP’s funding frameworks, assuring their integrity, viability and alignment with the Strategic Plan
• Provision of policy guidance, advisory services and operational support to strengthen client capacities and help them achieve results, seeking to build consensus within UNDP and with key stakeholders on critical budgetary related matters requiring Executive Board legislation.
• Administration of the organization’s internal control framework, overseeing and monitoring financial management of all global UNDP offices, including through formulation/implementation of resource planning, management and oversight tools and reports.
• Promoting clear accountability for financial transactions and producing financial statements, including financial reporting to donors and the UNDP Executive Board.
• Providing corporate reporting guidance to ensure that fixed assets are adequately recorded in all locations.

The Financial Performance Management and Reporting (FPMR) Division is the part of the Office of Financial Management (OFM) that is responsible for establishing the financial performance framework, policy and parameters in line with the corporate goals and UNDP’s Strategic Plan.
Within FPMR, the Financial Reporting and Agency Services (CFRA) unit promotes clear accountability for financial transactions and produces UNDP’s corporate financial statements.
Under the overall supervision and guidance of the Accounts Specialist or Accounts Analyst, Corporate Financial Reporting and Agency Services (CFRA), the Accounts Associate is responsible for: assisting financial closures and preparation of the assigned financial statements; maintaining the master data elements for UNDP and partner agencies; assisting with maintaining control over the integrity of data held in the UNDP financial systems; providing accounting and financial policy guidance to UNDP offices; supporting the oversight and risk management of Agency services transactions.

1. SUMMARY OF KEY FUNCTIONS

• Provides assistance in the preparation of the statutory/corporate reports including Financial Statements, Trust fund statements, Executive Board reports, Combined Delivery Reports and other financial reports required for decision making and oversight.
• Ensures data integrity within the UNDP financial systems while assisting with the preparation and review of the general ledger.
• Assists in monitoring of compliance with financial procedures.
• Supports other finance/accounting and Agency services functions as necessary.

EDUCATION

• Secondary Education with specialized certification in Accounting and/or Finance. University degree in Finance or Accounting desirable.A professional accounting qualification certificate from an internationally recognized institute of accountancy is required.

EXPERIENCE, KNOWLEDGE AND SKILLS

• Minimum 6 years of relevant experience in finance at the national or international level for candidates with secondary school education only. Minimum 3 years of relevant experience in finance at the national or international level for candidates with a Bachelors’ or Master’s degree that majors in accounting, or an Accounting Technician certificate, or for part- or fully qualified accountants.
• Experience in the usage of computers and MS Office packages.
• Advanced knowledge of spreadsheet and database packages.
• Hands-on experience with CRM.
• Hands-on experience with Enterprise Resources Planning (ERP), preferably with PeopleSoft/Oracle.
• Knowledge of IPSAS and/or IFRS is required for external candidates.
• Fluency in English. Working knowledge of other UN language (French/Spanish/Arabic) desirable.

APPLICANT INFORMATION ABOUT UNDP ROSTERS

Note: UNDP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.