Finance Officer

The Finance Officer is responsible for financial management, monitoring, control and reporting of all Technical Cooperation programmes, projects and activities financed from regular and extra-budgetary resources. The role involves grants management, financial reporting, monitoring and controlling of TC projects, and leading system improvements and innovations to enhance financial management processes.

Responsibilities

• Review and analyze the verification and monitoring of open transactions pending grants closure; perform GL accounts reconciliation and GM/FI reconciliation; record realized FX differences, un-cleared open items, advances, assets, etc.
• Advise and guide respective counterparts on necessary actions and ensure the timely and proper closure of grants.
• Design relevant standard operating procedures, prepare guidelines, manuals, and instructions to reflect those in the grant manual in proper manners, and deliver training to staff.
• Review, analyze and recommend continuous improvements to financial operating procedures, focusing on TC-related financial management, ensuring operational efficiency.
• Advise the timely and accurate completion of closure activities, ensuring proper financial reporting.
• Provide comprehensive financial information and analysis of the TC portfolio, ensuring transparency and accountability to stakeholders.
• Lead TC-related forecasting and reporting in consultation with relevant stakeholders.
• Monitor and report on TC project overruns and potential financial shortfalls, ensuring early identification and mitigation of financial risks.
• Collaborate with organizational entities to improve processes related to the financial management of TC programs and projects, ensuring compliance with regulations and guidelines.
• Lead the implementation of enhancements to TC financial management processes and systems to improve operational effectiveness and alignment with organizational requirements.
• Review and analyze processes related to the setup, maintenance and closure of TC projects, identifying opportunities to enhance efficiency, accuracy and compliance.
• Develop recommendations for system innovations and business process optimization, supporting continuous improvement and digital transformation initiatives.
• Perform any other duties assigned by the Director, COR/FIN or Head, COR/FIN/TCU.

Requirements

• First-level university degree (bachelor’s or equivalent) in economics, finance, business and administration or other related field is required.
• An advanced university degree (master’s or equivalent) or Doctorate in the same fields are accepted with a reduced requirement for years of professional experience.
• A minimum of professional experience aligned with the educational level is required: First-level university degree (Bachelor’s): at least 8 years of relevant professional experience.
• Advanced university degree (master’s or equivalent): at least 5 years of relevant professional experience.
• Doctorate: at least 3 years of relevant professional experience.
• Progressively responsible relevant professional experience in the field of budget and financial management, at international level is required.
• Experience in working with international organizations such as the UN system is desirable.
• A minimum of three (3) years’ experience with Enterprise Resource Planning (ERP) systems is required.
• Experience with financial management within the framework of the EU-UN FAFA agreement is desirable.
• Demonstrable Experience with other non-EU voluntary contributions is desirable.
• Demonstrable Experience with International Public Sector Accounting Standards (IPSAS) is desirable.
• Demonstrable prior experience with harmonization of business practices and ERP systems in the private sector and/or international organizations is desirable.
• Fluency in written and spoken English is required.
• Fluency in or working knowledge of other United Nations languages is desirable.

Skills

• Budget Management
• Finance Management
• Financial Reporting
• Grants Management
• Enterprise Resource Planning
• ERP Systems
• International Public Sector Accounting Standards
• IPSAS
• Financial Monitoring
• Financial Control
• Business Process Harmonization
• Financial Analysis
• Technical Cooperation Financial Management
• EU-UN FAFA Agreement
• Project Finance Monitoring

Languages

English