Summary
Date Posted: Sunday, August 08, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
About Us
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve healthcare and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health
IFC in affiliation with other UN entities presently require the services of resourceful, experienced and dynamic candidates at various UN DUTY STATIONS in Geneva, Copenhagen, Jerusalem, Beijing, New York, Santiago and Hong Kong for the following positions listed below:-

Posting Title: Finance Officer, P4
Job Code Title: FINANCE OFFICER
Duty Station: Multiple

Responsibilities
Within delegated authority, the Finance & Budget Officer will be responsible for the following
duties:
• Managing the achievement of RSCE key performance indicators (KPIs) and all Service Level Agreement (SLAs) components for RSCE projects/programmes/operations related to the Accounts Unit
• Ensure that the outputs produced by the team are maintaining high quality standards; that reports are clear, objective, and based on comprehensive data. Plan, organize, manage, guide, train, supervise the work of the team assigned. Plan and oversee the management of the activities undertaken by the team.
• Review and undertake the closing of monthly accounts, followed by preparation of financial statements for submission to client missions and Headquarters. Ensure that accounting records from IPSAS compliant Trial Balances derived, are maintained.
• Scrutinizes source documents for completeness, accuracy and validity of reported figures and underlying transactions.
• Assists in development of the Service Line’s annual budget development programme, particularly with respect to the establishment of major resourcing priorities, prepare cost estimates and budget proposals, in terms of the Service Line’s resourcing requirements such non-staff requirements, including programmatic aspects; review, analyze and revise data with respect to the finalization of the budget proposals as well as Result Based Budgeting inputs.
• Participates in the preparation, review and finalization of budget performance reports in compliance with the Legislative requirements and recommendations and Controller’s instructions; reviews and ensure valid variances between approved budgets and actual expenditures.
• Participates in developing inputs to the UN’s legislative processes for consideration of the Centre’s financing requirements by FOFD, Controller’s Office, the Advisory Committee on Administrative and Budgetary Questions (ACABQ) and the Fifth Committee of the General Assembly.
• Reviews and approves supporting vouchers for accounting transactions such as payroll, payment of staff entitlements, final payments, travel claims, vendor invoices, agencies and any other allowances for payments in conformity and adherence to applicable United Nations policies e.g., staff rules, financial regulations and rules, ST/AI issuances or practices, IPSAS policy framework etc.
• Provides advice, financial interpretations, adaptations, and corrective actions in response to audits and other queries to ensure adherence to the UN Financial Regulations and Rules, Staff Rules, Administrative Instructions, Bulletins and Circulars under the guidance of the Service Delivery Manager.
• Ensures the integrity of financial and management systems and the controls that underpin them. Report findings and make recommendations to Chief Financial Services.
• Acts as Approving Officer under Financial Rule 105.4 in adherence with the UN Regulations and Rules.
• Ensures that the established IPSAS compliance monitoring and Internal Control Framework (ICF) is fully implemented, and any deviations documented and reported.
• Reviews and verifies completeness of documentation supporting invoices and payment requests.

Others
• Assists with the development of a communication strategy with a provision of input related to their service for RSCE dedicated intranet page on Finance issues as required.
• Performs other duties as may be assigned.

Competencies
● PROFESSIONALISM: Knowledge of financial, budgetary and grant management principles and practices. Ability to independently conduct research and analysis, formulate options and present conclusions and recommendations. Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations. Takes responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work.
• PLANNING & ORGANIZING: Develops clear goals that are consistent with agreed strategies; identifies priority activities and assignments; adjusts priorities as required; allocates appropriate amount of time and resources for completing work; foresees risks and allows for contingencies when planning; monitors and adjusts plans and actions as necessary; uses time efficiently.
ACCOUNTABILITY: Takes ownership of all responsibilities and honors commitments; delivers outputs within prescribed time, cost and quality standards; operates in compliance with organizational regulations and rules; supports subordinates, provides oversight and takes responsibility of delegated assignments; takes personal responsibility for his/her own shortcomings and those of the work unit, where applicable

Education
Advanced university degree (Master’s degree or equivalent degree) in business administration, finance, or related field is required. A first-level university degree in combination with two additional years of qualifying experience may be accepted in lieu of the advanced university degree. Certification as a Certified Public Accountant (CPA), Chartered accountant (CA) or equivalent is desirable.

Work Experience
• A minimum of five years of progressively responsible experience in finance, administration, budget, business administration or related area is required. An additional 2 years qualifying experience may be accepted in lieu of the advanced university degree.
• Experience with United Nations systems and processes is highly desirable.
• Experience with application of International Public Accounting Standards (IPSAS) is highly desirable
• Experience in a service centre operation or similar setup is highly desirable

Languages
English and French are the working languages of the United Nations Secretariat. For the position advertised, fluency in English is required. Knowledge of French or Spanish is desirable.

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

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Job application procedure
Interested and qualified applicants should send their detailed Resumes/Cvs to recruitment@unifc.org  on or before 15th of August 2021. Candidates selected will be contacted by the UNIFC or our affiliated UN agencies involved in the sustainable development goals. The United Nations shall place no restrictions on the eligibility of men and women to participate in any capacity and under conditions of equality in its principal and subsidiary organs. (Charter of the United Nations - Chapter 3, article 8).

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