Overview
The Finance Associate undertakes high-level and specialized finance-related support activities, leading and coordinating financial support work to ensure quality, transparency, and consistency of processes. The role requires in-depth knowledge and interpretation of financial policies, procedures, and practices.
Tasks Summary
- Review transactions, investigate errors, take corrective actions, reconcile and review accounts, and ensure proper clearance procedures.
- Extract details of transactions from the corporate finance and accounting system to analyze and verify accuracy and validity.
- Assist in monitoring transactions to ensure they remain within authorized levels.
- Prepare worksheets and assist in report preparation by compiling and consolidating data.
- Participate in continuous improvement efforts by acting as a focal person for analysis, testing, and implementation of new financial process automations.
- Ensure smooth processing of electronic payments, returns, and payment rejections.
- Liaise with FAO's corporate banks for payment issues.
- Act as an alternate approver, reviewing and validating high amount invoices within delegation of authority.
- Draft and prepare correspondence and respond to queries.
- Evaluate ongoing financial support requirements, adapt service provision to meet changing needs, and solve operational problems.
- Provide procedural guidance to managers and staff; supervise, guide, and train other finance support staff.
Experience Requirements
Qualification Requirements
Secondary School Education