Under the overall guidance of the DCD-O and the direct supervision of the Finance Analyst, the Finance (Treasury) Associate ensures effective execution of cash management services and processes. The Finance (Treasury) Associate promotes a client-oriented and consistent with UNDP rules and regulations approach.
The Finance (Treasury) Associate can supervise clerical and support staff of the Finance Unit. The Finance (Treasury) Associate works in collaboration with the operations, programme and projects’ staff in the CO and UNDP HQ and RSCA staff for resolving complex finance-related issues and information exchange.
Incumbent will approach work with energy and a positive, constructive attitude and display a strong client orientation. As such s/he will display flexibility in performing other emerging tasks assigned by RR/RC, CD or supervisor/manager.
Duties and Responsibilities
Summary of key functions:
Implementation of operational and financial management strategies;
Support proper Cash management functions;
Facilitation of knowledge building and knowledge sharing.
1) Ensure implementation of operational strategies, adapts processes and procedures focusing on achievement of the following results:
Full compliance of financial processes, financial records and reports and audit follow up with UN/UNDP rules, regulations, policies and strategies; implementation of the effective internal control;
CO Finance business processes mapping and elaboration of the content of internal Standard Operating Procedures in Finance in consultation with the direct supervisor and office management;
Elaboration of proposals on CO cash management system improvement.
2) Ensures proper CO cash management functioning focusing on achievement of the following results:
Presentation of thoroughly researched information on cash management, reports containing analysis and projection;
Verification of payments, execution of Pay cycle and payments;
Regular update of information on the procedures and regulations pertaining to maintenance of the office bank accounts; regularly conducted bank surveys;
Preparation and submission of the exchange rate report to HQs;
Regular creation of bank transfers (Cash Management/ Settlements) in Atlas, selection of the bank transfer, notification of the Manager Level 2 (or 3) for approval;
Timely and accurate processing of bank reconciliations of the local bank accounts and accounts that are interfaced with BOA, elaboration of the system on the CO expenditures/ contributions tracking;
Creation of deals, selection of deals, notification of the Manager Level 2(or3) for approval;
Timely response to HQ requests to resolve financial data issues;
Deposit recording in Atlas including application of the deposit to an Accounts Receivable pending item.
3) Ensures facilitation of knowledge building and knowledge sharing in the CO and guidance to all stakeholders on financial matters focusing on achievement of the following results:
Organization/conduct of training for the operations/ programme/projects staff on financial management;
Synthesis of lessons learned and best practices in Finance;
Sound contributions to knowledge networks and communities of practice.
Competencies
Core:
Innovation: Ability to make new and useful ideas work Level 3: Adapts deliverables to meet client needs;
Leadership: Ability to persuade others to follow Level 3: Proactively seeks and recognizes contributions of others;
People Management: Ability to improve performance and satisfaction Level 3: Appropriately involves team in different stages of work and decision-making;
Communication: Ability to listen, adapt, persuade and transform Level 3: Expresses information and views with adaptive reasoning and appreciation for complexity and variation;
Delivery: Ability to get things done while exercising good judgement Level 3: Takes responsibility for addressing critical situations and delivering core value.
Technical/Functional:
Financial Reporting and Analysis: Ability to evaluate financial data, derive relevant findings and present them in a meaningful manner. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work;
Knowledge management: Ability to capture, develop, share and effectively use information and knowledge. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work;
Development and Operational Effectiveness: Ability to perform a variety of specialized activities related to financial resource management. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work;
Client Orientation: Ability to focus on result for client. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work;
Leadership and Self-management: Ability to consistently approach work with energy and a positive, constructive attitude. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work;
Accounting: Knowledge of accounting concepts, principles, regulations, and policies and ability to apply to strategic and/or practical situations. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work;
Financial Management: Ability to create a process to achieve financial goals. Level 3: Implement & Manage: Exercises skills and knowledge independently, demonstrating ability to manage self and team responsibilities, in area of work.
Required Skills and Experience
Education:
Secondary Education with specialized finance training;
University Degree on Business/Public Administration or Economics would be desirable, but it is not a requirement;
Part-qualified accountants from an internationally recognized institute of accountancy will have a distinct advantage;
UNDP Accountancy and Finance Test (AFT) required (part-qualified accountants from an internationally recognized institute of accountancy may be exempt).
Experience:
6 years of progressively responsible finance and sourcing experience is required at the national or international level;
Alternatively, 3 years of relevant experience will suffice if in possession of a Bachelor’s degree;
Proven experience in the usage of computers and office software packages (MS Word, Excel, PowerPoint, etc.);
Experience in handling of web based management systems is required;
Experience in handling of web-based management systems and ERP financials, preferably PeopleSoft (Atlas);
Candidates enrolled in a Finance Certification Programme will have a distinct advantage.
Language Requirements:
Fluency in English and Portuguese;
Knowledge of other UN official language is desirable.