Finance Associate
Organizational Context
The UNOPS Global Portfolios Office (GPO) supports sustainable development, climate action, and peacebuilding globally. Operating from hubs in New York, Geneva, and Vienna, GPO collaborates with governments, international financial institutions, and UN agencies to deliver a wide range of services. The Education Outcomes Fund (EOF), a key initiative, focuses on transforming education and skills financing through results-based partnerships to improve learning and employment outcomes.
Job Purpose
The Finance Associate is responsible for ensuring efficient and compliant financial operations within the Education Outcomes Fund (EOF). This role provides essential support in accounting, budget administration, cash management, and financial reporting. The incumbent will accurately process a variety of financial transactions, strictly adhering to UNOPS financial rules and regulations, policies, and donor requirements. By maintaining financial integrity and providing timely support, the Finance Associate directly contributes to the effective functioning of EOF's innovative outcomes-based financing model and its mission to improve education and skills globally.
Responsibilities
The Finance Associate will manage budget administration, including supporting budget setting, monitoring, and revisions, ensuring alignment with UNOPS policies and donor agreements. This includes assisting with financial models for programme proposals and developing cost-recovery models. In accounting and payments, the role involves verifying payment requests, processing vouchers, managing foreign exchange exposure, and ensuring timely recording of transactions. The associate will also conduct expense verifications for grantees and perform account reconciliations. For cash and treasury management, responsibilities include monitoring cash positions, preparing cash flow forecasts, conducting bank reconciliations, and managing petty cash. The role also supports financial reporting and analysis, including preparing reports, variance analyses, and assisting with audit exercises. Finally, the associate will contribute to knowledge building and sharing on finance topics.
Work Experience
Required experience includes project financial management, budgeting, cash management, and financial reporting. Proficiency in collaboration and web-based management systems is essential. Desirable experience includes working in multicultural or UN environments, with outcome-based financing models, in development or humanitarian contexts, and with financial systems or ERP software.
Skills
Cash Management, Finance, Financial Planning, Financial Reporting, Accounting, Finance Accounting, Financial Accounting Standards.