Job Title: Finance Analyst
Organization: United Nations Development Programme (UNDP)
Duty Station: Kampala, Uganda
Reports to: DCD/DRR and Operations Manager
Job Opening Number: 6477
The United Nations Development Programme (UNDP) is the United Nations’ global development network. UNDP advocates for change and connects countries to knowledge, experience and resources to help people build a better life. The UNDP provides expert advice, training, grant support to developing countries including Uganda with increasing emphasis on assistance to the least developed countries.
Job Summary: The Finance Analyst is responsible for effective delivery of financial services, transparent utilization of financial resources and management of the Country Office (CO) Finance Unit. He/she analyzes and interprets the financial rules and regulations and provides solutions to a wide spectrum of complex financial issues. The Finance Analyst actively promotes a collaborative, client-oriented approach consistent with UNDP rules and regulations. The Finance Analyst supervises and leads the staff of the Finance Unit. The Finance Analyst works in close collaboration with the operations, programme and project teams in the CO and with UNDP HQs staff and Government officials ensuring successful CO performance in Finance.
Key Duties and Responsibilities:
Ensures implementation of operational and financial management strategies, and adapts processes and procedures, focusing on the achievement of the following results:
· Full compliance of financial activities, financial recording/reporting system and audit follow up with UN/UNDP rules, regulations, policies and strategies; implementation of the effective internal control, proper design and functioning of the financial resources management system;
· CO Finance business processes mapping and elaboration/establishment of internal Standard Operating Procedures in Finance, control of the workflows in the Finance Unit;
· Continuous analysis and monitoring of the financial situation, presentation of forecasts for development and management projects;
· Elaboration and implementation of cost saving and reduction strategies;
· Elaboration of the framework and conditions of contributions within the CO resources mobilization efforts;
· Routinely monitors financial exception reports for unusual activities, transactions, and investigates anomalies or unusual transactions. Informs supervisors and other UNDP staff at Headquarters of the results of the investigation when satisfactory answers are not obtained.
Manages the project budgets and organizes an optimal cost-recovery system focusing on achievement of the following results:
· Financial resources management through planning, guiding, controlling of the resources in accordance with UNDP rules and regulations;
· In charge of the preparation and monitoring of budgets of management projects;
· Establishment of the development projects’ budgets preparation/modification monitoring system, control of budgetary status versus authorized spending limits (ASL) and budgets delivery levels;
· Sending project budget to KK if authorized by the Senior Management (can be done only on the basis of signed prodocs and project budgets);
· Elaboration of proper mechanisms to eliminate deficiencies in budget management;
· Preparation of cost-recovery bills in Atlas for the services provided by UNDP.
Ensures proper control of CO accounts focusing on achievement of the following results:
· Elaboration of the internal expenditures’ control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in Atlas; payrolls are duly prepared; MPOs, travel claims and other entitlements are duly processed, receipting of goods and services and establishment of accruals are properly done in compliance with IPSAS and UNDP policies and procedures;
· Manager level 1 in Atlas;
· Control of accounts closure;
· Approval of vendors in Atlas;
· Timely corrective actions on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers. Timely response to HQ requests to resolve financial data issues;
· Control of the Accounts Receivables for UNDP projects and maintenance of the General Ledger.
Ensures proper CO cash management focusing on achievement of the following results:
· Timely review of cash position for local accounts to ensure sufficient funds on hand for disbursements. Timely identification and recording of receipts for income application;
· Monitoring of financial exception reports for unusual activities, transactions and investigation of anomalies or unusual transactions. Provision of information to supervisors and other UNDP staff at HQ on the results of the investigation when satisfactory answers are not obtained;
· Daily review of zero-balance account bank statements in Atlas to monitor imprest level; identification and record of contributions;
· Primary contact with local bank management on routine operational matters including negotiation of exchange rate on replenishments;
· Member of bank signatory panel;
· Approval and submission of monthly UN exchange rate reports to Treasury;
· Timely and accurate approval of bank reconciliation, including documented review of exceptions;
· Initiation of bank transfers and deals, selecting bank transfers and deals for approval and settlement;
· Performing Paycycle manager role in Atlas;
· Timely preparation of monthly cashflow forecast for use by Operations Manager. Liaison with UN Agencies to obtain estimate of their cash requirements;
· Role as cashier for cash disbursements made on site.
Ensures facilitation of knowledge building and knowledge sharing in the CO and guidance to all stakeholders on financial matters focusing on achievement of the following results:
· Organization/conduct of training for the operations/programme/projects staff on financial management and RBM;
· Synthesis of lessons learnt and best practices in Finance;
· Sound contributions to knowledge networks and communities of practice.
Qualifications, Skills and Experience:
· The ideal candidate for the United Nations UNDP Finance Analyst career opportunity should hold an Advanced (Masters) University Degree in Finance/Accounting, Business, or Public Administration, or a professional accounting qualification from an internationally recognized institute of accountancy. Professionally qualified accountants from an internationally recognized institute of accountancy will have a distinct advantage.
· At least two years of relevant experience in providing financial management and accounting advisory services, managing staff and operational systems
· Previous experience in the usage of computers and office software packages (MS Word, Excel, etc) and advance knowledge of spreadsheet and database packages, experience in handling of web based management systems and ERP financials, preferably PeopleSoft.
· Demonstrate corporate knowledge and sound judgment
· Self-development, initiative-taking
· Acting as a team player and facilitating team work
· Facilitating and encouraging open communication in the team, communicating effectively
· Creating synergies through self-control
· Managing conflict
· Learning and sharing knowledge and encourage the learning of others.
· Promoting learning and knowledge management/sharing is the responsibility of each staff member.
· Informed and transparent decision making
· Maintaining a network of contacts
· Maintains an established network of contacts for general information sharing and to remain up-to-date on partnership related issues
· Establishes and nurtures positive communication with partners
· Promoting Organizational Learning and Knowledge Sharing
Basic research and analysis:
· Generates new ideas and approaches, researches best practices and proposes new, more effective ways of doing things
· Documents and analyses innovative strategies and new approaches
· Identifies and communicates opportunities to promote learning and knowledge sharing
· Develops awareness of the various internal/external learning and knowledge-sharing resources
NB: The United Nations does not charge a fee at any stage of the recruitment process (Application, interview meeting, processing, or training). The United Nations does not concern itself with information on applicants’ bank accounts.
How to Apply:
All suitably qualified and interested candidates desiring to serve the United Nations Development Programme (UNDP) in the aforementioned capacity should express their interest by visiting the UN recruitment website and clicking Apply Now.
Deadline: 11th November 2016
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