Overview
The Finance Analyst will support daily operational activities within the Business Solutions Team, focusing on budget/financial management, cost recovery mechanisms, audit support, and project/portfolio management.
Key Responsibilities
- Assists in budget preparations
- Monitors and reports on budget resources, transactions and expenditures
- Maintains the internal expenditure control system
- First level approval of procurement, contract management, and financial transactions in Quantum
- Reviews documentation for processing of payments
- Reconciles and posts payments for credit card accounts
- Recommends any required corrective action monthly based on budget variance analysis reports
- Analyzes and compares cost recovery figures
- Follows up on service provision by BMS Units
- Processes BMS Units billings and listings
- Reviews accounts to ensure that entitlements are recovered and recorded
- Reconciles accounts, analyzes causes of discrepancy and prepares adjusting entries
- Provides vendor payment details
- Supports business units in preparation of periodic operations audits
- Consolidates inputs from business units, follows up on recommendations
- Utilizes knowledge of policies and procedures to control resources, procedures and protocols
- Presentation of thoroughly researched information for preparation of documents’ drafts, work plans, budgets, proposals on implementation arrangements
- Initiation of a project, entering project into Quantum, preparation of required budget revisions
- Provision of guidance to the responsible parties on routine implementation of projects, tracking use of financial resources
- Follow up on performance indicators/success criteria, targets and milestones, preparation of reports
- Proposes improvements in procedures, approaches and guidelines
- Identifies bottlenecks in implementation and recommend solutions
- Collaborates and shares information with all staff within the team and with the logistics support
- Disseminates lessons learned and best practices
- Provides technical support and delivers content in training of BMS staff
- Contributes to knowledge networks and communities of practice
Required Experience
- Applicants with a Bachelor’s degree (or equivalent) are required to have a minimum of two (2) years of relevant professional experience at the national or international level in any of the areas: financial resources management, accounting, audit.
- Experience using MS Office Suite, in particular Excel, applications
- Experience with accounts reconciliation procedures
- Experience in providing finance analysis to clients
- Experience of Oracle based financial systems
- Experience managing budget as well as other administrative support services fields and the application of advanced methods and processes
- Experience supporting operational or administrative processes
- Experience in IPSAS
- Experience in financial cost recovery area
- Experience working with UNDP or another UN organization
- Experience using Power BI
Qualifications
A professional accounting qualification from an internationally accredited institute of accountancy, and/or Advanced (Master´s) University Degree in Finance and/or Accounting is required. Or a first-level university degree (bachelor’s degree) in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree.
