Job Description

The Finance Specialist will be responsible for the following activities under the supervision of the Chief, FPMR:

• In close collaboration with the FPMR team, presents the proposal for the revised note disclosures with the overall approach, disclosure options, and timeline for implementation.
• In close collaboration with the FPMR team, defines and establishes the accounting requirements and procedures for a dedicated MIP fund in the ERP system and produces an SOP to document the accounting.
• Provides year-end financial reporting and financial closure support as determined by the Chief of FPMR.
• Provide professional support and advice to the the year-end financial audit.
• The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organisation

Data/Information

• Financial data in Quantum, FIS and the Datawarehouse Information
• Prior year financial statements
• Prior year audit report

Policy framework

• UNDP\'s Financial Regulations and Rules
• International Public Sector Accounting Standards
• UNDP financial policies as per the POPP

Institutional Arrangement

• Under the day-to-day supervision and the functional leadership of the Chief, FPMR, the Finance Specialist is responsible for new financial statement note disclosures and support to year-end activities. No direct reports for this position.
• This position is Home-based with mission to Kuala Lumpur and New York

Competencies

Core Competencies

• Achieve Results: LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact
• Think Innovatively: LEVEL 3: Offer new ideas/open to new approaches, demonstrate systemic/integrated thinking
• Learn Continuously: LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences
• Adapt with Agility: LEVEL 3: Proactively initiate and champion change, manage multiple competing demands
• Act with Determination: LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results
• Engage and Partner: LEVEL 3: Political savvy, navigate complex landscape, champion inter-agency collaboration
• Enable Diversity and Inclusion: LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity

Cross-Functional & Technical competencies:

• Business Direction & Strategy - Business Acumen:

• Ability to understand and deal with a business situation in a manner that is likely to lead to a good outcome.
• Knowledge and understanding of the operational frameworks in the organization and ability to make good judgments and quick decisions within such frameworks.
• Business Direction and Strategy System Thinking:

• Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system
• Finance Accounting:

• Knowledge of accounting concepts, principles, frameworks, standards, regulations, policies and trends, and ability to apply this to strategic and/or practical situations.
• Finance - Finance Business Partnering:

• Able to support business units and add value by innovating and providing solutions to financial issues/queries, including through FAQs, financial tools, advisory, etc. Influences and appropriately challenges non-finance colleagues for whom the service is being provided. Understands the operations, opportunities and challenges of the organization. Holds a commercial outlook, demonstrating accountability towards organizational goals.
• Finance - Financial process & innovation:

• Financial and business process engineering expertise required to innovate, design, change and implement new financial business models, financial instruments, financing opportunities, business processes, policies and procedures, and technological solutions.
• Finance - Financial reporting & analysis:

• Understands changes in regulatory, legal and ethical frameworks and standards for financial reporting in the public sector. Ability to extract, evaluate financial data, derive relevant findings and present them in a meaningful and coherent manner to facilitate effective decision making and performance monitoring.
• Understands the benefits of integrated reporting, including non-financial resources such as human, social and intellectual capital, environmental and governance performance.
• Finance - Financial Risk Management:

• Ensures financial resilience through proactive assessment of risk, implementation of controls and taking mitigating action. Understands risk and reward in relation to collaborative and commercial projects.
• Ensures a culture of positive risk management

Desired skills in addition to the competencies covered in the Competencies section:

• Having an audit experience in a large public auditing firm
• Having an experience working with UN organizations or comparable international INGOs.
• Working knowledge of another UN language is desirable.

Required Skills and Experience

Education:

• 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.

Experience:

• Minimum of 7 years (with Master\'s degree) or 9 years (with professional accounting qualification).

Language:

• Proficiency in the English language.
• Working knowledge of another UN language is desirable.

The following documents shall be required from the applicants: * Personal CV or P11, indicating all past positions held and their main underlying functions, their durations (month/year), the qualifications, as well as the contact details (email and telephone number) of the Candidate, and at least three (3) recent professional references of previous supervisors. References may also include peers

• A cover letter (maximum length: 1 page) indicating why the candidate considers him-/herself to be suitable for the position
• Managers may ask (ad hoc) for any other materials relevant to pre-assessing the relevance of their experience, such as reports, presentations, publications, campaigns or other materials

Disclaimer

Under US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment.

UNDP is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.

United Nations Development Programme