Finance Associate [Open to Tier 0, 1 & 2 applicants]
Organizational Context
The United Nations Development Programme (UNDP) is a global organization dedicated to promoting sustainable development, poverty eradication, and socio-economic advancement. Operating in over 170 countries, UNDP collaborates with partners to build resilient communities and foster sustainable solutions aligned with the SDGs. The Finance Associate role supports the People Programme operations within the Strategy, Management, and Operations division, ensuring efficient financial management and reporting.
Job Purpose
The Finance Associate provides essential support to the People Programme operations, ensuring the highest level of efficiency in financial management and reporting. This role is crucial for maintaining accurate donor reporting, managing financial resources effectively, and providing well-researched financial information. The Associate analyzes operational regulations to resolve complex issues and promotes a client-oriented approach in line with UNDP standards. Working collaboratively with various UNDP units, the Finance Associate contributes to the successful execution of financial services, human resources management, and overall operational effectiveness within the team, supporting the achievement of strategic goals through sound financial practices and data-driven decision-making.
Responsibilities
The Finance Associate is responsible for ensuring the effective financial management of People Programmes, including compliance with UNDP policies, implementation of internal controls, and accurate financial recording and reporting. This involves monitoring financial resources, reconciling donor accounts, preparing forecasts, and investigating financial anomalies. The role includes reviewing and approving invoices and purchase orders, managing supporting documentation, and maintaining expenditure control systems. Additionally, the Associate supports the development and maintenance of Business Intelligence and Data Analytics tools, such as Power BI, to enhance reporting and decision-making. The position also facilitates knowledge building by organizing training sessions and synthesizing best practices in financial management.
Work Experience
A minimum of seven years of progressive finance and accounting experience with a high school diploma, or four years with a bachelor's degree, is required. Experience with computers, office software (MS Word, Excel), advanced spreadsheets, and ERP financial systems is essential. Proficiency in advanced Microsoft Excel and data analytics tools like Power BI is also required.
Skills
Core Competencies: Achieve Results, Think Innovatively, Learn Continuously, Adapt with Agility, Act with Determination, Engage and Partner, Enable Diversity and Inclusion. Technical Competencies: Customer Satisfaction/Client Management, Knowledge Facilitation, Working with Evidence and Data, Accounting (General), Budget Management, Audit Risk Management, Banking and Cash Management.