Senior Finance Associate
Organizational Context
The International Organization for Migration (IOM), established in 1951, is a UN-related agency focused on promoting humane and orderly migration. It operates globally, saving lives, protecting migrants, and facilitating legal pathways. The Senior Finance Associate role is situated within the Country Office in Cyprus, reporting to the Chief of Mission and Resources Management Officer, and collaborates with various IOM units.
Job Purpose
The Senior Finance Associate is responsible for managing the financial resources within the IOM Country Office in Cyprus. This involves overseeing and controlling assets, reserves, funds, and supplies in strict adherence to IOM's financial rules and regulations. The role provides crucial financial support and advice to Project Managers and the Chief of Mission, ensuring compliance with financial policies and procedures. By preparing budgets, monitoring expenditures, and generating financial reports, the associate contributes to informed decision-making and the efficient management of the office's financial operations. This position is key to maintaining financial integrity and supporting the organization's mandate in Cyprus.
Responsibilities
The Senior Finance Associate will provide procedural guidance and supervise finance support staff. Key duties include preparing budgets, financial reports, and statements, and monitoring expenditures against authorized levels. The role involves managing financial resources by controlling assets, reserves, and funds according to IOM regulations. The associate will offer specialized advice on financial and administrative matters to Project Managers and leadership. Responsibilities also encompass ensuring compliance with financial policies, verifying vendor claims, managing payroll, and preparing responses to audit queries. Maintaining accurate vendor accounts and performing regular bank reconciliations are also critical functions, alongside other assigned financial duties.
Work Experience
Proficiency in Microsoft Office applications (Word, Excel, PowerPoint, Outlook) is essential. Previous experience with SAP is a significant advantage. The role requires attention to detail, methodical organization, discretion, and a client-oriented approach. Prior experience in a multicultural setting with international humanitarian organizations or government institutions is beneficial.
Skills
Knowledge of financial rules and regulations, International Public Sector Accounting Standards (IPSAS), and UN bilateral donor programming. Familiarity with migration-related subject areas is also noted.