IPSAS/IFRS Specialist (Roster) Job at UNOPS

  • Location:
  • Salary:
    negotiable / YEAR
  • Job type:
    OTHER
  • Posted:
    4 months ago
  • Category:
  • Deadline:
    02/07/2024

JOB DESCRIPTION

 

Please note this roster primarily aims to establish a pool of qualified IPSAS Specialists interested in retainer, ongoing or short-term assignments based either in Copenhagen, Denmark or home-based (see section “Contract type, level and duration”).

A professional accountant qualification is required for this position, and applicants without this qualification will not be considered.

UNOPS mission is to help people build better lives and countries achieve sustainable development.

UNOPS provides its partners with advisory, implementation and transactional services, with projects ranging from building schools and hospitals, to procuring goods and services and training local personnel. UNOPS works closely with governments and communities to ensure increased economic, social and environmental sustainability for the projects we support, with a focus on developing national capacity.

UNOPS vision is a world where people can live full lives supported by appropriate, sustainable and resilient infrastructure, and by the efficient and transparent use of public resources in procurement and project management.

With over 8,000 personnel spread across 80 countries, UNOPS offers its partners the logistical, technical and management knowledge they need, where they need it. By implementing around 1,000 projects for our partners at any given time, UNOPS makes significant contributions to results on the ground, often in the most challenging environments.

The Finance Group (FG) is a critical and strategic business function in UNOPS and serves as an authoritative and integrated partner in the organization on strategic financial planning and budgeting, financial policy, practices, analysis, management services and reporting, organisational treasury and investments. As the steward of resources of a self-financing UN entity, FG is accountable for processes to ensure timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management of resources in accordance with the highest standards of ethics and organisational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.

The IPSAS Specialist reports to the Head of Financial Statements and UNBOA Relations who provides broad supervision and guidance. The IPSAS Specialist is responsible for efficient financial reporting and the provision of accurate, thoroughly researched and documented financial policies compliant to accounting standards and support for preparation of the financial statement. He/she analyzes and interprets the financial rules and regulations and the applicable accounting standards (IPSAS) and provides solutions to a wide spectrum of complex financial issues including financial investments.

 

 

At the United Nations Office for Project Services (UNOPS), we strive for excellence! We work in challenging environments around the world and we best serve people in need by being able to fill business critical roles very quickly.

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In order to strengthen our capacity to meet our future needs for new colleagues, UNOPS has an ambitious and proactive recruitment approach: the Rosters. For business critical roles, we establish rosters which are pools of assessed candidates who can be recruited in an efficient manner once a vacancy arises. Roster members will be considered first for external vacancies. As a member you will remain on the roster for a duration of up to 3 years.

Further information about UNOPS and its international activities can be found here and information about Rosters can be found here.

 

1. POLICY IMPLEMENTATIONS AND COMPLIANCE
2. FINANCIAL INVESTMENTS AND OVERSIGHT
3. CAPACITY BUILDING / SYSTEM IMPROVEMENT

1. POLICY IMPLEMENTATIONS AND COMPLIANCE

  • Maintain and develop IPSAS compliant accounting guidance and financial procedures
  • Develop and maintain financial reporting standards compliant to IPSAS standards
  • Support development of IPSAS compliant financial statements and management reports
  • Implement and operationalize new IPSAS standards and updates made to current standards and collaborate with related business process owners and IT Group for implementation of necessary measures
  • Analyze IPSAS exposure drafts and published standards, assess impact on business processes and ERP systems, recommend appropriate course of action
  • Coordinate comments on exposure drafts and other papers issued by IPSASB
  • Review existing and new business processes for compliance to IPSAS and coordinate with process owners for necessary improvements
  • Reviews new business processes for compliance to IPSAS and advise necessary recommendations to the relevant business policy owners for necessary recommendations
  • Actively monitor and implement changes in accounting standards and regulatory requirements and offers good change management practices when required
  • Liaise with external auditors on audit queries related to accounting and reporting and compliance to accounting standards and UNOPS Financial Rules and Regulations
2. FINANCIAL INVESTMENTS AND OVERSIGHT

  • Update and maintain policy documents on financial reporting and recording of corporate financial investments
  • Exercise periodic monitoring over transactions and account balances to ensure recording and reporting in accordance with UNOPS Financial Rules and Regulations and IPSAS policies on financial instruments and other applicable Organizational Directives and Operational Instructions.
  • Review and assess agreements for financial instruments and equity deals and devise accounting treatments in compliance to IPSAS and UNOPS Financial Rules and Regulations
  • Provide specialist support in establishing necessary processes for derivatives valuations, hedge accounting and application of impairment models
  • Take a proactive approach in identifying issues related to data quality and liaise with related parties in the organization to ensure timely and necessary corrections.
  • Maintain a log of issues identified, analyze data and draw a holistic action plan to improve processes and establish necessary controls based on lessons learned.
  • Contribute to developing and maintaining a strong control environment around financial reporting and the integrity of data used for preparation of corporate financial statements
3. CAPACITY BUILDING / SYSTEM IMPROVEMENT

  • Develop training materials and guidance on relevant IPSAS standards
  • Conduct, webex and virtual trainings to relevant personnel and business community
  • Develop IPSAS awareness informative contents for internal communication
  • Become a subject matter expert for the Corporate Financial Reporting requirements, and IPSAS standards.
  • Support business process owners in the development of training materials through a review of the contents for technical IPSAS accuracy for topics assigned
  • Collaborate and communicate with UNOPS departments in HQ and field on regular basis

 

Impact of Results: The key results have an impact on the overall Financial Group efficiency in financial resources management and success in introduction and implementation of operational strategies. Accurate, thoroughly researched and documented financial information, timely and appropriate delivery of services ensure client satisfaction and enhance UNOPS credibility in use of financial resources

 

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Develops and implements sustainable business strategies, thinks long term and externally in order to positively shape the organization. Anticipates and perceives the impact and implications of future decisions and activities on other parts of the organization.
Treats all individuals with respect; responds sensitively to differences and encourages others to do the same. Upholds organizational and ethical norms. Maintains high standards of trustworthiness. Role model for diversity and inclusion.
Acts as a positive role model contributing to the team spirit. Collaborates and supports the development of others.
Demonstrates understanding of the impact of own role on all partners and always puts the end beneficiary first. Builds and maintains strong external relationships and is a competent partner for others (if relevant to the role).
Efficiently establishes an appropriate course of action for self and/or others to accomplish a goal. Actions lead to total task accomplishment through concern for quality in all areas. Sees opportunities and takes the initiative to act on them. Understands that responsible use of resources maximizes our impact on our beneficiaries.
Open to change and flexible in a fast paced environment. Effectively adapts own approach to suit changing circumstances or requirements. Reflects on experiences and modifies own behavior. Performance is consistent, even under pressure. Always pursues continuous improvements.
Evaluates data and courses of action to reach logical, pragmatic decisions. Takes an unbiased, rational approach with calculated risks. Applies innovation and creativity to problem-solving.
Expresses ideas or facts in a clear, concise and open manner. Communication indicates a consideration for the feelings and needs of others. Actively listens and proactively shares knowledge. Handles conflict effectively, by overcoming differences of opinion and finding common ground.

 

Education:

  • A Master’s Degree or equivalent in Finance, Accounting, Financial Management or a related field is required.
  • A first-level university degree (Bachelor’s or equivalent) in combination with additional 2 years of qualifying experience may be accepted in lieu of a Master’s degree.
  • Professional certification in accounting (CA, CPA, ACCA, ACA, etc.) or equivalent is required


Experience:

  • Minimum 5 years of relevant working experience within an international environment in the areas of financial reporting, audit and accounting
  • A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) is required.
  • Experience in areas of Financial Instruments and specialized knowledge in financial instruments (IPSAS 41, IFRS 9) and their practical application is considered as a strong asset
  • Demonstrated experience in interpretation of international accounting standards and preparation of financial statements is required.

Language Requirements

  • Full working knowledge of English.
  • Knowledge of another official UN language is an asset.

 

 

Please note this vacancy primarily aims to establish a pool of qualified IPSAS Specialists interested in retainer, ongoing or short term assignments in various locations.

Contract type: ICA
Contract level: IICA-2
Contract duration: Various, temporary (short term or long term) or open-ended, depending on the Hiring Unit’s needs. Candidates might also be offered a retainer contract. For more details about the ICA Contract Modality, please follow this link:
https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/Individual-Contractor-Agreements.aspx

Retainer ICA Contract Modality
The retainer ICA contract is the equivalent of a consultancy-based contract, it is not a full time position. It constitutes a contract whereby the Retainer may be requested to provide a specific output/deliverable within a specified period of time, on short notice. When holding a retainer contract, the retainer may receive ad-hoc requests from the UNOPS project teams or country offices, and the quantity of requests will vary depending on the current needs. UNOPS shall have no obligation to obtain any minimum quantity of services from the Individual Contractor during the duration of the retainer ICA. It is possible to have multiple consultancy contracts with or outside UNOPS, as long as it is declared to the UNOPS Ethics Office.
Read more about the ICA retainer modality here.

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  • Please note that UNOPS does not accept unsolicited resumes.
  • Applications received after the closing date will not be considered.
  • Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.
  • UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures, languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce.
  • Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.
  • We would like to ensure all candidates perform at their best during the assessment process. If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.

Terms and Conditions

  • For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post.
  • For retainer contracts, you must complete a few Mandatory Courses (they take around 4 hours to complete) in your own time, before providing services to UNOPS. For more information on a retainer contract here.
  • All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.
  • It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.

 

This job has expired.