Senior Finance Associate

  • Location:
  • Salary:
    negotiable / YEAR
  • Job type:
    FULL_TIME
  • Posted:
    18 hours ago
  • Category:
    Budget and Accounting, Finance
  • Deadline:
    19/09/2024

JOB DESCRIPTION

DEADLINE FOR APPLICATIONS

18 September 2024-23:59-GMT+07:00 Indochina Time (Phnom Penh)

WFP celebrates and embraces diversity. It is committed to the principle of equal employment opportunity for all its employees and encourages qualified candidates to apply irrespective of race, colour, national origin, ethnic or social background, genetic information, gender, gender identity and/or expression, sexual orientation, religion or belief, HIV status or disability.

ABOUT WFP

The World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity, for people recovering from conflict, disasters and the impact of climate change.

At WFP, people are at the heart of everything we do and the vision of the future WFP workforce is one of diverse, committed, skilled, and high performing teams, selected on merit, operating in a healthy and inclusive work environment, living WFP’s values (Integrity, Collaboration, Commitment, Humanity, and Inclusion) and working with partners to save and change the lives of those WFP serves.

To learn more about WFP, visit our website: https://www.wfp.org and follow us on social media to keep up with our latest news: YouTube, LinkedIn, Instagram, Facebook, Twitter.

WHY JOIN WFP?

  • WFP is a 2020 Nobel Peace Prize Laureate.
  • WFP offers a highly inclusive, diverse, and multicultural working environment.
  • WFP invests in the personal & professional development of its employees through a range of training, accreditation, coaching, mentorship, and other programs as well as through internal mobility opportunities.
  • A career path in WFP provides an exciting opportunity to work across the various country, regional and global offices around the world, and with passionate colleagues who work tirelessly to ensure that effective humanitarian assistance reaches millions of people across the globe.
  • We offer an attractive compensation package (please refer to the Terms and Conditions section of this vacancy announcement).

BACKGROUND AND PURPOSE OF ASSIGNMENT

The WFP is seeking a highly skilled candidate for the role of Senior Finance Associate. This position will be under overall and direct supervision of the Head of Support Services Unit and based in WFP’s Country Office (CO) as part of WFP’s Finance team while serving all other units. The role centers around coordinating and providing accounting and financial support involving the recording and interpretation of financial information, support to internal control, management of payables & receivables and data analysis to contribute to the transparent, efficient and accountable utilization of financial resources. The role also involves providing guidance to a team member.

Job Title: Senior Finance Associate

Grade: SC – 7

Type of contract: WFP Service Contract

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Duration: one year (with possibility of extension)

Duty Station: Phnom Penh, Cambodia
Vacancy Number: One

Date of Publication: 5 September 2024

Deadline of Application: 18 September 2024

This vacancy announcement is for Nationals from Cambodia Only.

Terms and Conditions:
WFP offers a competitive benefits package including salary, social security, leave plus a medical insurance.

KEY RESPONSIBILITIES:

  • Act as an escalation point in providing procedural and technical support to staff within the areas of finance and budget, to ensure compliance with WFP financial policies, rules and regulations.
  • Participate in the development and implementation of financial policies and procedures, interpret and assess the impact of changes and make recommendations on follow up actions, to support setup and implementation of proper accounting procedures, systems and internal controls.
  • Contribute to the improvement of internal processes, enhancement of corporate systems and design of tools, to support transparent and efficient utilization of financial resources.
  • Monitor the daily cash position in order to optimize the use of surplus cash and maximize returns on investment through the liquidity portfolio.
  • Ensure that payments are processed in a timely manner, resolve complex issues relating to the disbursement or replenishment of funds in line with WFP rules and regulations.
  • Contribute to the preparation, implementation and monitoring of budgets, monitor expenditure and budget forecasts, to ensure that relevant future funding requirements are met.
  • Co-ordinate with other teams in order to ensure that all financial and administrative services are being performed efficiently and in line with the needs of the wider team.
  • Monitor and analyze books of accounts and balances to ensure achieve timely and corrective action and compliance with corporate policies and regulations.
  • Monitor, control and analyze general ledger accounts in order to initiate and achieve corrective actions.
  • Prepare and analyze financial and statistical reports including monthly Financial Management Checklist based on the established frequency and provide recommendations for further actions to the Finance Officer or other staff, to facilitate informed decision-making.
  • Co-ordinate and supervise work of other support staff and support their learning and development in management of financial resources (e.g. managing the petty cash/sub-imprest account, review and analyze vendor and balance sheet accounts, etc.), to ensure services are delivered consistently and to the required standards.
  • Payables management including analysis of Vendor, staff payments and overseeing petty cash accounts to ensure services are delivered consistently and to the required standard.
  • Remain on stand-by at all times and follow standard emergency preparedness practices in order to meet immediate emergency requirements for further service on job and in the field.

OTHER SPECIFIC JOB REQUIREMENTS

  • Prepare monthly Financial Management Checklist and ensure submission to Regional Bureau on time including ensuring that the bank reconciliation, disbursements, clearance of receivables, overall cash management and monthly financial closures are performed regularly and in accordance with corporate requirements.
  • Monitor the centralized Invoice Tracking System (ITS) and EasyVista in order to process all invoices and payments to external suppliers in a timely manner and in accordance with WFP standards.
  • Participate in UN Finance Working group and inform the team of new initiatives. Participate in and contribute to the Cooperate Partners’ Oversight Spot-checks.
  • Ensure gender is considered throughout all areas of work. Perform other duties as required.

DESIRED EXPERIENCES FOR ENTRY INTO THE ROLE:

  • Has experience in specialized finance area in a country office.
  • Has a minimum seven years of progressively responsible work experience in the relative areas of accounting and finance
  • Has experience reviewing and analyzing financial statements.
  • Has experience implementing accounting and internal control processes.
  • Has experience managing financial transactions, oversight and risk management in sizeable programmes in terms of financial value and volume of transactions.
  • Experience using SAP/similar accounting software application in considered as a plus.

STANDARD MINIMUM ACADEMIC QUALIFICATIONS

Education: University degree in business administration, finance, accounting, or other relevant fields,

Language: Fluency in both oral and written communication in English language.

ORGANIZATIONAL CONTEXT:

The World Food Programme (WFP) aims to achieve Zero Hunger by 2030, focusing on helping the poorest and most vulnerable, especially women and children, access nutritious food. Through its country strategic plan for 2024-2028, WFP will support Sustainable Development Goals 2 and 17 by:

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  • Strengthening systems for improved nutrition, education, and social protection, particularly for women and at-risk populations.
  • Enhancing food and disaster management systems to support livelihoods and climate resilience in hazard-prone areas.
  • Ensuring crisis-affected populations can meet their essential needs during and after emergencies.

These objectives will be pursued in collaboration with the Royal Government of Cambodia, UN partners, communities, donors, and the private sector.

WFP LEADERSHIP FRAMEWORK

 

WFP Leadership Framework guides to the common standards of behavior that guide HOW we work together to accomplish our mission.

Click here to access WFP Leadership Framework

 

REASONABLE ACCOMMODATION

 

WFP is dedicated to fostering diversity, equity, and inclusion. Our recruitment process is inclusively crafted to welcome candidates of all backgrounds, celebrating diversity and ensuring a respectful environment for all. We aim for an accessible and fair recruitment journey. Should you need any reasonable accommodations or have accessibility concerns, please reach out to us confidentially at global.inclusion@wfp.org. Our DEI team is here to ensure your full participation in our recruitment process.

NO FEE DISCLAIMER

 

The United Nations does not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.

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REMINDERS BEFORE YOU SUBMIT YOUR APPLICATION

  • We strongly recommend that your profile is accurate, complete, and includes your employment records, academic qualifications, language skills and UN Grade (if applicable).
  • Once your profile is completed, please apply, and submit your application.
  • Please make sure you upload your professional CV in the English language
  • Kindly note the only documents you will need to submit at this time are your CV and Cover Letter
  • Additional documents such as passport, recommendation letters, academic certificates, etc. may potentially be requested at a future time
  • Please contact us at global.hrerecruitment@wfp.org in case you face any challenges with submitting your application
  • Only shortlisted candidates will be notified

All employment decisions are made on the basis of organizational needs, job requirements, merit, and individual qualifications. WFP is committed to providing an inclusive work environment free of sexual exploitation and abuse, all forms of discrimination, any kind of harassment, sexual harassment, and abuse of authority. Therefore, all selected candidates will undergo rigorous reference and background checks.

No appointment under any kind of contract will be offered to members of the UN Advisory Committee on Administrative and Budgetary Questions (ACABQ), International Civil Service Commission (ICSC), FAO Finance Committee, WFP External Auditor, WFP Audit Committee, Joint Inspection Unit (JIU) and other similar bodies within the United Nations system with oversight responsibilities over WFP, both during their service and within three years of ceasing that service.