Finance Specialist
Kuala Lumpur
- Organization: UNDP - United Nations Development Programme
- Location: Kuala Lumpur
- Grade: Mid level - P-4, International Professional - Internationally recruited position
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Occupational Groups:
- Operations and Administrations
- Banking and Finance
- FINANCE
- Closing Date: Closed
Background
- 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.
Duties and Responsibilities
- Develop accounting policy and related procedures - reviews business practice, researches accounting literature and applies technical standards.
- Advises GSSC on complex or non-recurring business issues ( including SLAs) and transactions
- Functional lead on select business process design and execution within corporate tools, including update of POPP and SOPs
- Monitors practices and provides advisory services to Global Process owners and Senior Management.
- Oversees USAIS letter of credit process for Global process owner.
- Assists with the preparation of the statutory/corporate periodic reports including Financial Statements, Trust Funds statements, Executive reports, Financial Statements for other Agencies and other corporate reports required for decision making.
- Ensures that the data presented is accurate and appropriately supported
- Coordinates data collection and preparation of non-financial sections of the reports
- Performs monthly/quarterly analysis of accounts, ensuring significant issues are identified and escalated when necessary
- Undertakes financial analysis for Global Process owners and senior management
- Oversees the preparation of all audit working papers and responds to queries/requests from the Board of Audit on the financial statements.
- Management Service Agreement accounting.
- Oversees and advises on interest and foreign exchange revaluation accounting.
- Accounting for partner agencies arrangements
- Bank reconciliation review
- Other similar services
- Analyze trust funds and prepare trust fund statements for donors as required,
- Maintain corporate trust fund information, process Trust Fund closure and prepare Trust fund reports for EB
- Provide advisory accounting services to Trust Fund Managers and Senior Management.
Competencies
- Ability to make new and useful ideas work
- Ability to persuade others to follow
- Ability to improve performance and satisfaction
- Ability to listen, adapt, persuade and transform
- Ability to get things done while exercising good judgement
- Strong understanding of accounting principles and ability to evaluate financial data, derive relevant findings and present them in a meaningful manner
- Ability to articulate how resource availability affects organization’s business and analyzes and facilitates application of improvements.
Leverage Technology to Develop Broad Business Perspective
- Recognizes business opportunities to use technology to develop and present strategic information.
- Ability to maintain strong and productive business relationship with management, staff and clients
- Demonstrates openness to change and ability to manage complexity and has ability to manage multiple projects simultaneously, prioritize issues and handle potentially stressful situation.
- Ability to efficiently handle and share information and knowledge
- Ability to design, construct and transform information to train others
- Have relevant audit experience.
Required Skills and Experience
- Professional accounting qualification certificate from an internationally recognized institute of accountancy.
- Minimum seven years of practical experience in providing financial management advisory services at national and/or international settings
- A sound and detailed understanding of the UN environment, and the Finance and Accounting policies of UNDP
- Familiar with the complexity of client relationships among international organisations national governments and civil society
- Hands-on experience with Enterprise Resource Planning (ERP), preferably with ATLAS (PeopleSoft) is desirable.
- Experience of IPSAS and/or IFRS is required for external candidates.
- Fluency in English. Working knowledge of another UN language is an advantage, particularly Spanish or French.
Disclaimer
Important information for US Permanent Residents ('Green Card' holders)
Under US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment.
UNDP is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.
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.
Workforce diversity
UNDP is committed to achieving diversity within its workforce, and encourages all qualified applicants, irrespective of gender, nationality, disabilities, sexual orientation, culture, religious and ethnic backgrounds to apply. All applications will be treated in the strictest confidence.
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