SENIOR FINANCIAL POLICY AND COMPLIANCE OFFICER
Paris
- Organization: UNESCO - United Nations Educational, Scientific and Cultural Organization
- Location: Paris
- Grade: Mid level - P-4, International Professional - Internationally recruited position
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Occupational Groups:
- Political Affairs
- Legal - Broad
- Banking and Finance
- Internal audit, Investigation and Inspection
- Ombudsman and Ethics
- Impact investing, Social venture capital
- Closing Date: 2024-09-15
OVERVIEW
Post Number : BFM 010
Grade : P-4
Parent Sector : Bureau Of Financial Management (BFM)
Duty Station: Paris
Job Family: Finances
Type of contract : Fixed Term
Duration of contract : 2 years, renewable
Recruitment open to : Internal and external candidates
Application Deadline (Midnight Paris Time) : 15-SEP-2024 (EXTENDED)
UNESCO Core Values: Commitment to the Organization, Integrity, Respect for Diversity, Professionalism
OVERVIEW OF THE FUNCTIONS OF THE POST
The post is within the Bureau of Financial Management (BFM), which is responsible for the overall financial planning, monitoring and reporting of the financial activities of the Organization and provides strategic advice on all financial management matters, accounting, treasury, budget, financial policies and procedures, as well as ensures adequate internal controls.
Under the overall supervision of the Chief Financial Officer, the incumbent works in close cooperation with all Sections across the Bureau of Financial Management, the Bureaus under the Administration and Management Sector, as well as the Bureau of Strategic Planning, and other Bureaus and Units as necessary, and is responsible for:
The role is responsible for maintaining the financial policy framework updated, including the relevant sections of the Administrative Manual, and for proposing/drafting appropriate changes to the Financial Regulations and Rules. The Sr Financial Policy and Compliance Officer will be responsible for supporting the CFO in coordinating policy development, including drafting and consulting on changes and updated. The incumbent will also be responsible for preparing/updating training materials as required.
The role is also responsible for maintaining the list of key financial risks and related key controls which form the cornerstones of financial internal controls. The role is further responsible for establishing related compliance metrics to be tracked, analysed, and reported on as part of regular second line of defense tasks.
Long Description
Other responsibilities for the role will include:
• providing advice and decision making support to CFO BFM strategy, workforce planning, biennial planning and reporting on BFM financial performance;
• assisting the CFO with the coordination/management of various transversal BFM projects;
• drafting substantive documents relating to the full range of BFM policies/activities;
• coordination of the preparation of statutory documents prepared by BFM for the Executive Board/General Conference;
• elaboration and coordination of communications with AOs on all financial policy matters
Long Description
The post is within the Bureau of Financial Management (BFM), which is responsible for the overall financial planning, monitoring and report
Long Description
COMPETENCIES (Core / Managerial)
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REQUIRED QUALIFICATIONS
Education
- Advanced University Degree (Master's or equivalent) in finance, accounting, economics, law or a related field.
Work Experience
- A minimum of seven (7) years of progressively responsible and relevant professional experience in finance, economics, accounting, corporate level policy, compliance with financial regulatory framework (e.,g. including certification of expenditures, budgetary controls, etc.), of which preferably three (3) years acquired at international level.
- Demonstrated experience in researching, drafting policies and procedures and formulating related recommendations.
Skills and competencies
Solid understanding of:
- budgetary and other financial processes, controls, reporting needs of UNESCO's various stakeholders, both internal and external;
- methodologies for establishing compliance metrics and reporting on these
- accounting principles, set up of GL accounts, and transactions across all financial systems and data
- results based budgeting and results based management principles, as well as project management structures
- key risk management principles and internal controls that provide mitigation along with key reporting tools
- key financial processes that have touch points with budget management (treasury liquidity management; split assessment mechanism; income/expenditure/reserves of revenue generating funds etc.)
- Excellent written and oral communication skills.
Languages
- Excellent knowledge of English or French and good knowledge of the other language.
DESIRABLE QUALIFICATIONS
Skills and competencies
- Ability to prioritize work and handle multiple tasks within tight timelines.
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Knowledge of UNESCO and/or United Nations financial regulations, policies, procedures and financial reporting practices is desired.
Languages
- Knowledge of another official language of UNESCO (Arabic, Chinese, Russian and/or Spanish).
BENEFITS AND ENTITLEMENTS
UNESCO’s salaries consist of a basic salary and other benefits which may include if applicable: 30 days annual leave, family allowance, medical insurance, pension plan etc.
The approximate annual starting salary for this post is 125 036 US $.
For full information on benefits and entitlements, please consult our Guide to Staff Benefits.
SELECTION AND RECRUITMENT PROCESS
Please note that all candidates must complete an on-line application and provide complete and accurate information. To apply, please visit the UNESCO careers website. No modifications can be made to the application submitted.
The evaluation of candidates is based on the criteria in the vacancy notice, and may include tests and/or assessments, as well as a competency-based interview.
UNESCO uses communication technologies such as video or teleconference, e-mail correspondence, etc. for the assessment and evaluation of candidates.
Please note that only selected candidates will be further contacted and candidates in the final selection step will be subject to reference checks based on the information provided.
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UNESCO recalls that paramount consideration in the appointment of staff members shall be the necessity of securing the highest standards of efficiency, technical competence and integrity. UNESCO applies a zero-tolerance policy against all forms of harassment. UNESCO is committed to achieving and sustaining equitable and diverse geographical distribution, as well as gender parity among its staff members in all categories and at all grades. Furthermore, UNESCO is committed to achieving workforce diversity in terms of gender, nationality and culture. Candidates from non- and under-represented Member States (last update here) are particularly welcome and strongly encouraged to apply. Individuals from minority groups and indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the highest level of confidentiality. Worldwide mobility is required for staff members appointed to international posts.
UNESCO does not charge a fee at any stage of the recruitment process.
Please note that UNESCO is a non-smoking Organization.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.