G7 – Finance Associate (Financial Performance Management) – Malaysian Nationals Only

  • Location:
  • Salary:
    negotiable / YEAR
  • Job type:
    FULL_TIME
  • Posted:
    3 months ago
  • Category:
    Budget and Accounting, Finance
  • Deadline:
    19/07/2024

JOB DESCRIPTION

JOB DETAILS:

United Nations Development Programme G7 – Finance Associate (Financial Performance Management) – Malaysian Nationals Only Malaysia UNDP Jobs 2024

United Nations Development Programme looking for “G7 – Finance Associate (Financial Performance Management) – Malaysian Nationals Only”. Applicants with an Advanced degree may apply on or before 19-Jul-24.

The United Nations Development Programme has published a job vacancy announcement on 05/07/2024 for qualified applicants to fill in the vacant post of G7 – Finance Associate (Financial Performance Management) – Malaysian Nationals Only to be based in Kuala Lumpur , Malaysia. For more jobs, please visit https://unjoblink.org

Company Name: United Nations Development Programme

Job Title: G7 – Finance Associate (Financial Performance Management) – Malaysian Nationals Only

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Duty Station: Kuala Lumpur , Malaysia

Country: Malaysia

Application Deadline: 19-Jul-24

 

Responsibilities:

 

Background
Diversity, Equity and Inclusion are core principles at UNDP:  we value diversity as an expression of the multiplicity of nations and cultures where we operate, we foster inclusion as a way of ensuring all personnel are empowered to contribute to our mission, and we ensure equity and fairness in all our actions. Taking a ‘leave no one behind’ approach to our diversity efforts means increasing representation of underserved populations. People who identify as belonging to marginalized or excluded populations are strongly encouraged to apply. Learn more about working at UNDP including our values and inspiring stories.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.

The United Nations Development Programme (UNDP) is the global development network of the United Nations system that is on the ground in over 140 countries, with its Headquarters in New York, USA.  The Bureau for Management Services (BMS) is a central Bureau tasked with the development of corporate strategies, policies, tools and systems in key cross-cutting management areas. Drawing on sound analytics and a risk-management approach, BMS supports the achievement of development results through management advice, innovative business solutions, and other corporate services in line with international best practices and evolving needs and expectations of development partners.  BMS also ensures policy adherence in operations management within UN Rules & Regulations, safeguarding UNDP’s accountability vis-à-vis Member States and other stakeholders.

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The Office of Financial Management (OFM) performs a pivotal role within BMS and within UNDP’s global finance function, partnering with Bureaux and Country Offices. The primary role of OFM is to maintain the financial integrity of UNDP through providing financial leadership, supporting the efficient and effective management of its financial resources, promoting financial sustainability and responsible resource allocation in the context of a fluctuating funding environment. This is accomplished by the development and implementation of sound financial policies and practices, oversight of corporate financial management performance, and flexible scalable support to resource allocation. OFM is a key source of information for the Executive Board, General Assembly, to Partners and wider civil society. It supports transparency through the provision of on time and quality statutory and other financial reports that comply with international standards and regulatory guidelines.

OFM ensures effective and efficient integrated resources management through a continuous and robust process comprising:

  • Formulation and implementation of corporate financial and administrative strategies, policies and procedures;
  • Formulation, alignment, documentation and implementation of UNDP’s funding frameworks, assuring their integrity, viability and alignment with the Strategic Plan;
  • Provision of policy guidance, advisory services and operational support to strengthen client capacities and help them achieve results, seeking to build consensus within UNDP and with key stakeholders on critical budgetary related matters requiring Executive Board legislation;
  • Administration of the organization’s internal control framework, overseeing and monitoring financial management of all global UNDP offices, including through formulation/implementation of resource planning, management and oversight tools and reports;
  • Promoting clear accountability for financial transactions and producing financial statements, including financial reporting to donors and the UNDP Executive Board.

The FPM unit is part of FPMR and more broadly OFM that is responsible for financial performance management including implementing and maintaining a financial performance framework within OFM and supporting the analysis of internal controls and tracking of emerging risks across the organization.

The unit is responsible in administering the Annual Representation process carried out by individual UNDP offices which forms an integral part of the formulation of the overall audit of the Financial Statements of UNDP and supports the Financial Statement Representation by the Administrator to the United Nations Board of Auditors.

The unit is also the focal point in rolling out the framework for managing the risk associated with implementing partners who implement UNDP projects activities including the revised Harmonized Approach to Cash Transfers (HACT) framework which was implemented by UNDP in 2015.

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Duties and Responsibilities
The incumbent will be responsible for the outputs and contribute to implementation of the following:
UNDP HACT Policy and Procedure  
  • Support the unit in overall monitoring of compliance with requirements of the UNDP HACT policy and procedure by UNDP offices (HQ units, central and regional bureaux and country offices). Review the accuracy of HACT and implementing partner data in financial monitoring databases (Salesforce, SharePoint, Dashboard and other corporate platforms) and ensure follow-up with UNDP offices for action.
  • Measure, monitor and publish performance dashboard indicators; run relevant reports or queries using the ERP system and analyze exceptions.
  • Assist the unit in developing and updating financial management policies and procedures.
  • Support the development and maintenance of IT tools used to manage the unit’s oversight on HACT policy compliance.
  • Assist in communication and overall engagement with offices on the HACT POPP & HACT related POPP changes, HACT compliance, action on non-compliance and follow-up to ensure recommendations are implemented.

Periodic and other tasks

  • Support the unit in rolling out the Annual Representation process and in the analysis and communication of the results to country offices.
  • Support the unit in overall creation of Quantum RP Codes raised through UNall by Offices.
  • Assist the unit in the annual HACT compliance confirmation of UNDP offices.
  • Support the unit in the development and implementation of Quantum ERP including the digitization of implementing partner risk management and integration to the existing monitoring platforms (Salesforce, SharePoint and Dashboards).
  • Collect and compile performance data; provide information and analysis for use in preparing formal reports/documents on financial resources management including responses to UNDP’s key stakeholders.
  • Perform any other tasks assigned by the unit manager and the finance specialist. Responsible for developing and maintaining appropriate internal control over data integrity elements linked to the production of UNDP’s IPSAS compliant financial statements.
  • Perform any other tasks assigned by supervisor.
Competencies
1. Core Competencies
  • Achieve Results: LEVEL 1: Plans and monitors own work, pays attention to details, delivers quality work by deadline 
  • Think Innovatively: LEVEL 1: Open to creative ideas/known risks, is pragmatic problem solver, makes improvements 
  • Learn Continuously: LEVEL 1: Open minded and curious, shares knowledge, learns from mistakes, asks for feedback
  • Adapt with Agility: LEVEL 1: Adapts to change, constructively handles ambiguity/uncertainty, is flexible  
  • Act with Determination: LEVEL 1: Shows drive and motivation, able to deliver calmly in face of adversity, confident 
  • Engage and Partner: LEVEL 1: Demonstrates compassion/understanding towards others, forms positive relationships 
  • Enable Diversity and Inclusion: LEVEL 1: Appreciate/respect differences, aware of unconscious bias, confront discrimination  
2. Cross-Functional and Technical Competencies
Business Management – Risk Management
Ability to identify and organize action around mitigating and proactively managing risks.
Business Management – Monitoring
Ability to provide managers and key stakeholders with regular feedback on the consistency or discrepancy between planned and actual activities and programme performance and results.
Business Development – Knowledge Generation
Ability to research and turn information into useful knowledge, relevant for context, or responsive to a stated need.
Finance – Audit Risk Management
Ability to address audit issues raised in the course of an audit and propose solutions in order to ensure true and fair audit opinion is achieved.
Finance – Financial Risk Management
  • Ensures financial resilience through proactive assessment of risk, implementation of controls and taking mitigating action.
  • Understands risk and reward in relation to collaborative and commercial projects.
  • Ensures a culture of positive risk management.

Finance – Finance Business Partnering

  • Able to support business units and add value by innovating and providing solutions to financial issues/queries, including through FAQs, financial tools, advisory, etc. Influences and appropriately challenges non-finance colleagues for whom the service is being provided.
  • Understands the operations opportunities and challenges of the organization. Holds a commercial outlook, demonstrating.
Finance – Accounting (General)
Knowledge of accounting concepts, principles, frameworks, standards, regulations, policies and trends, and ability to apply this to strategic and/or practical situations.
Required Skills and Experience
Education:
  • Secondary Education with specialized certification in Accounting and/or Finance. University degree in Finance or Accounting desirable.
  • A professional accounting qualification certificate from an internationally recognized institute of accountancy is required.
  • Long-listed candidates may be required to undergo the UNDP Accountancy & Finance Test (AFT).
Experience:
  • At least 7 years with a Secondary Education or 4 years with a Bachelor’s Degree, of experience in a financial management position(s) with large international organizations, required.
  • Audit experience in a large public auditing firm will be an added advantage.
  • Familiarity with international development, preferably the UN system, will be an added advantage.
  • A sound understanding of International Public Sector Accounting Standards (IPSAS) utilized by international organizations will be an added advantage.
  • Strong interpersonal, verbal, and written communication skills.
  • Analytical capabilities with distinct knowledge of current analytical applications and tools is desirable. Experience with ERP systems is required.
  • Experience with Oracle Cloud ERP will be an added advantage.
  • Fluency in English. Working knowledge of another UN language is an advantage, particularly Spanish or French.
Please note that continuance of appointment beyond the initial 12 months is contingent upon the successful completion of a probationary period.
Disclaimer
Under US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment.
UNDP is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.
Applicant information about UNDP rosters
Note: UNDP reserves the right to select one or more candidates from this vacancy announcement.  We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
Non-discrimination
UNDP has a zero-tolerance policy towards sexual exploitation and misconduct, sexual harassment, and abuse of authority. All selected candidates will, therefore, undergo rigorous reference and background checks, and will be expected to adhere to these standards and principles.
UNDP is an equal opportunity and inclusive employer that does not discriminate based on race, sex, gender identity, religion, nationality, ethnic origin, sexual orientation, disability, pregnancy, age, language, social origin or other status.
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