UNOPS

Finance Officer

Posted: 5 hours ago

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Job Description

Job Highlight Empowering financial integrity and efficiency, the Finance Officer drives strategic financial management, reporting, and compliance. Role Purpose The Finance Officer ensures the effective delivery of financial management, reporting and compliance services in accordance with UNOPS Financial Rules and Regulations (FRRs), policies and procedures. The incumbent leads on budget formulation and monitoring, treasury and cash management, accounting oversight, and financial reporting. The Finance Officer also provides analytical and advisory support to management, ensuring financial integrity, cost efficiency and timely decision-making across the portfolio. Functions / Key Results Expected Implementation of Operational StrategiesEnsure full compliance with UNOPS financial rules, regulations, policies and procedures, as well as donor and audit requirements.Implement and maintain effective internal control systems and risk management frameworks to safeguard financial resources.Support the roll-out and continuous improvement of Standard Operating Procedures (SOPs) in finance, ensuring consistency and accuracy across financial processes.Monitor financial exception reports, identify and investigate anomalies, and recommend corrective actions.Advise management on cost-saving measures, financial efficiencies and expenditure optimization in collaboration with operations teams.Support internal and external audit exercises, coordinate responses, and track the implementation of audit recommendations.Budget Preparation, Monitoring and ControlLead the preparation, consolidation and monitoring of budgets for projects and administrative operations, ensuring alignment with UNOPS and donor requirements.Review and analyze budget proposals for accuracy, consistency and alignment with strategic and financial objectives.Conduct variance analyses and monitor expenditure levels against approved budgets, providing early warnings on deviations and advising corrective measures.Coordinate project budget revisions and ensure timely re-phasing and approvals in the enterprise resource planning (ERP) system.Provide financial planning support to project managers, including forecasting, scenario analysis, and financial risk assessment.Contribute to the development and improvement of budgeting tools and systems to enhance transparency and performance-based budgeting.Cash Management and TreasuryOversee cash management operations to ensure liquidity and accuracy in fund allocation.Review daily and monthly cash positions to maintain sufficient balances for disbursements and manage the zero-balance and imprest accounts.Prepare cash flow forecasts for operational and project needs and ensure alignment with budget projections.Initiate and approve bank transfers and foreign exchange transactions in the ERP system in compliance with authorization levels.Maintain strong relationships with local banking institutions and ensure compliance with national financial and banking regulations.Monitor operational advances, recoveries and petty cash accounts, ensuring timely reconciliation and closure.Conduct periodic treasury analyses and forecasting of income and expenditure trends to inform financial planning and risk management.Commitments and PaymentsEnsure accuracy, validity and compliance of financial transactions, commitments and payments against budget allocations and contractual terms.Review and approve payment requests, verifying the completeness of supporting documentation and proper use of account codes.Ensure that transactions are properly recorded, reconciled and reported in the ERP system.Maintain control of accounts receivable and payable, ensuring timely recording and follow-up with clients, partners and donors.Support the establishment and implementation of an effective expenditure control framework, ensuring that vouchers are matched, verified, and cleared in accordance with financial rules.Manage financial data quality through ongoing review, reconciliation, and corrective action for unposted or exception items.Supervise timely accounts closure, including accruals, provisions and adjusting journal entries.Coordinate with HQ and the Regional Office on complex payment or compliance issues and resolve financial data discrepancies.Financial ReportingPrepare, review and analyze monthly, quarterly and annual financial reports for management and donors, ensuring accuracy and adherence to reporting timelines.Support the preparation of client financial statements, interim financial reports (IFRs), and delivery reports in line with contractual and audit requirements.Develop and maintain financial dashboards and reporting tools for portfolio oversight and performance analysis.Contribute to the annual financial closure process, ensuring all accounts are reconciled and adjustments made in compliance with UNOPS standards.Provide financial input and analysis for strategic reports, audits and evaluations.Lead or support the implementation of audit recommendations and contribute to internal and external financial reviews.Knowledge Building and SharingSupport the organization, facilitation and delivery of training and learning sessions on finance topics.Participate in knowledge-sharing initiatives and Communities of Practice (CoPs), contributing insights and lessons learned.Conduct research on finance-related topics and contribute to the drafting of reports, summaries and briefing notes.Education Requirements RequiredBachelor’s degree (or equivalent) in Finance, Accounting, Business Administration or other disciplines with 2 years of relevant experience ORMaster’s degree (or equivalent) in any of the above disciplines with 0 years of relevant experience is required.DesiredProfessional certification (e.g. CPA, ACCA, CA, CIMA) is desired.Knowledge of IPSAS or other international accounting standards is desired.RequiredExperience Requirements Relevant experience is work in project financial management, budgeting, cash management and financial reporting, or related areas.Demonstrable proficiency in the use of collaboration and productivity tools (e.g. MS Office, G-Suite, etc) and web-based management systems.DesiredExperience of working in multicultural environments or UN system organizations in a developing country is desired.Experience in development or humanitarian contexts is desired.

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