Finance Analyst

The Finance Analyst is responsible for effective delivery of financial services and transparent utilization of financial resources within UNFPA. He/she analyzes and interprets the financial rules and regulations and provides solutions to a wide spectrum of complex financial issues. The Finance Analyst promotes a collaborative, client-oriented approach consistent with UNFPA rules and regulations.

You will report directly to the Finance Analyst.

The Finance Analyst actively participates in local inter-agency coordination to ensure UNFPA’s needs in common systems and service issues are met. External partners include other UN agencies, vendors, and other non-UN partners that are essential to the work of the Finance section. 

• The Finance Analyst is responsible for effective financial services delivery and transparent utilization of resources in the Country Office (CO). Key duties include:

• Manage financial resources through planning, guiding, and controlling in line with UNFPA rules.

• Prepare and monitor project budgets, control budgetary status versus authorized limits.

• Prepare timely and accurate donor reports.

• Undertake continuous analysis and monitoring of the CO’s financial situation.

• Ensure full compliance of financial activities with UNFPA rules and regulations.

• Support Implementing Partners (IPs) in preparation for the annual HACT Audit and follow-up on recommendations.

• Implement operational and financial management strategies to maximize effectiveness.

• Conduct finance business process mapping and establish internal Standard Operating Procedures (SOPs).

• Elaborate and implement cost-saving and reduction strategies.

• Monitor financial exception reports for unusual activities and investigate anomalies.

• Supervise the delivery of efficient financial services (payments, settlements, vendor initiation, etc.).

• Establish an internal expenditures’ control system ensuring all transactions are duly authorized and compliant.

• Ensure proper use and regular reconciliation of balance sheet accounts.

• Ensure oversight of the Operating Fund Account (OFA) and compliance with OFA policy.

• Coordinate financial closure activities and submission of certifications to HQ.

• Ensure correct coding of all CO transactions.

• Take timely corrective actions on unposted or erroneous vouchers.

• Organize training and learning events for CO staff on finance, IPSAS policies, and system upgrades.

• Synthesize lessons learned and best practices in Finance.

• Contribute to knowledge networks and communities of practice.

• Review cash position for local accounts to ensure sufficient funds for disbursements.

• Act as primary contact with mobile bank management on routine operational matters.

• Approve transactions and monthly mobile account reports/reconciliations.

• Prepare monthly cash flow forecasts and liaise with programme units.

• Role as cashier for on-site cash disbursements.

• Perform any other duties as assigned.

• Advanced (Master’s) university degree in Business Administration, Finance/Accounting, or a related discipline.

• Relevant experience in providing financial management services and operational systems.

• Experience in using computers, office software (MS Word, Excel, etc.), and advanced knowledge of spreadsheet/database packages.

• Experience in handling web-based management systems and ERP financials (preferably PeopleSoft).

• Experience with IPSAS or IFRS is an added advantage.

• UN common system experience, especially field experience, is desirable.

• Fluency in English is required.

• Knowledge of other official UN languages, preferably French and/or Spanish, is desirable.

• Values: Exemplifying integrity, Demonstrating commitment to UNFPA/UN, Embracing cultural diversity, Embracing change.

• Core Competencies: Achieving results, Being accountable, Developing professional expertise, Thinking analytically, Working in teams, Communicating for impact.

• Functional Competencies: Business acumen, Implementing management systems, Innovation, Client orientation, Managing financial resources, Organizational awareness.