Financial Policy Officer - Private Sector Funding and Partnership (P)

The Financial Policy Officer will focus on financial policy and structuring related to private sector engagements, providing support to the Private Sector Partnerships Division and field offices. The role involves developing financial guidance, designing innovative funding approaches, and establishing financial governance frameworks to facilitate partnerships and fundraising initiatives with private sector actors.

Responsibilities

• Provide technical support and guidance in the development, revision and implementation of financial policies, procedures and guidance related to private sector contributions and partnerships, ensuring alignment with IOM’s institutional objectives, regulatory framework and recognized best practices, while addressing operational challenges and promoting efficiency.
• Contribute to financial and risk impact assessments for the introduction of new business models and innovative financing approaches involving the private sector, including analysis of financial implications, support to the design or adaptation of financial structures, contribution to risk informed decision making, identification of financial risk mitigation measures, and definition of appropriate internal controls.
• Support negotiations on financial terms with private sector donors and partners by reviewing financial provisions, assessing compliance with IOM’s regulatory framework and financial implications, and providing advisory input on risk management, compliance and internal controls.
• Support the review and strengthening of private sector financial due diligence processes, including the revision of standard documentation and guidance, and follow up on the implementation of corrective actions, in coordination with PSP and other relevant institutional stakeholders.
• Provide transaction specific financial policy advisory support on innovative or first of type private sector arrangements, including the design of financial sustainability plan, identification of financial risks, and advice on structured financial solutions in line with IOM’s policies and internal control framework.
• Support clarification on the financial characterization and treatment of PSP-managed private sector engagements in relation to other modalities involving private sector counterparts, supporting consistency with existing institutional instructions and advising on any required policy financial design, clarification or adaptation.
• Prepare high level financial guidance and capacity building materials, including financial policy notes, guidance documents, information papers, presentations and training content, and support the delivery of trainings for IOM colleagues engaged with private sector donors and partners.
• Conduct research and comparative analysis on best practices across the UN system and comparable international organizations in relation to financial management of private sector contributions and partnership, and support the integration of relevant practices into IOM financial policies and guidance, as appropriate.
• Act as DFAM focal point for private sector financial policy matters, coordinating DFAM inputs to PSP requests and maintaining regular technical exchange with the Finance Officer (PSP) and other relevant stakeholders.
• Perform such other duties as may be assigned.

Requirements

• Master’s degree in Business Administration, Finance, Audit, Law, or a related field from an accredited academic institution with five years of relevant professional experience; or Bachelor's degree in the above fields with seven years of relevant professional experience.
• Professional certification as Chartered Accountant (CA) or Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA), Certified in Risk Management Assurance (CRMA) or enrolment in the Association of Chartered Certified Accountants (ACCA), or similar will be a distinct advantage.
• Experience in financial oversight and public administration is considered an advantage.
• Proven experience in financial management, internal control assessment, and compliance advisory roles.
• Demonstrated experience in researching, drafting policies and procedures and formulating related recommendations.
• Demonstrated experience in negotiations with donors and partners, especially from private sector.
• Experience working within international institutions, such as IOM or other United Nations organizations.
• Demonstrated negotiation and communication skills, ability to present information in a comprehensive, clear and concise manner both in writing and verbally.
• Ability to conduct analyses, accompanied with ability to edit a range of different materials, including but not limited to financial policies, related instructions, guidelines and reports for different audiences.
• Knowledge of IOM and/or United Nations financial regulations, policies, procedures and financial reporting practices is desired.
• Fluency in English (oral and written) is required.
• Working knowledge of French is an advantage.

Skills

• Finance Management
• Internal Control Assessments
• Compliance Advisory
• Financial Policies Development
• Policy Research
• Policy drafting
• Negotiation with Donors
• Public Sector Partnerships
• Financial Oversight
• Public Administration
• Financial Reporting
• Financial Regulations Knowledge
• Financial Governance Frameworks
• Funding Approaches Design
• Chartered Accountant
• Certified Public Accountant
• Certified Management Accountant
• Certified Internal Auditor
• Risk Management Assurance
• Association of Chartered Certified Accountants
• Financial Analysis
• Report Writing

Languages

English, French