Finance Associate G6

$6,214 - $8,140 / YEAR Expires in 2 days

JOB DETAIL

DEADLINE FOR APPLICATIONS

25 November 2024-23:59-GMT+01:00 Central European Time (Budapest)

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, TikTok.

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).

Are you dedicated and motivated by helping those in need? Join our global mission as a Finance Associate (G6) at the Global Payments Solutions Centre in Budapest.

If you are eager to leverage and continue to build on your financial experience overseeing and coordinating the work of others, then this is the perfect opportunity for you!

 

We are currently recruiting six (6) Finance Associate (G6) positions for our WFP Global Payments Solutions Centre in Budapest. The selected candidates will be expected to start their roles from January 2025.

 

Deadline for Applications: 25 November 2024.

We encourage you to submit your application as soon as possible as we will be reviewing applicationson an ongoing basis.

 

Future Opportunities:This recruitment will also be used to build a talent pool (roster) of prequalified applicants for future opportunities for similar roles at the same or lower level in Budapest.

 

About the Global Payments Solution Centre

Our GPS Centre in Budapest centralizes WFP’s accounts payable functions, alleviating the workload of Country Offices and enhancing efficiency, data quality, and service delivery. This strategic initiative is key to improving our financial operations.

 

To learn more about working at the WFP GPS center and interview tips, we recommend watching the videos below:

 

 

About the role:

The role of Finance Associate is expected to demonstrate responsibility and initiative to respond independently to queries with only general guidance. There is a requirement to use judgment in dealing with unforeseen problems daily.

 

As a Finance Associate, you will coordinate and provide financial support services. You will be responsible for recording, analyzing and interpretating financial data to ensure the efficient functioning of support services and provide insights for decision-making. Finance Associates provide support in the areas of:

  • General Accounting:Assist in maintainingaccurate financial records.
  • Accounts Payable: Support timely and accurate payments.
  • Quality Assurance: Ensure adherence to financial standards and controls.

 

 

KEY ACCOUNTABILITIES:

  • Liaise with the GPS processing team, to ensure that all financial services are being performed efficiently and in line with the needs of the wider team.
  • Oversee the Case Management Platform, consolidate received payment requests and initiate relevant payment process, to ensure prompt and compliant payments to vendors and staff, in accordance with WFP finance rules and regulations.
  • Ensure all activities are performed accurately, in alignment with internal controls (e.g. policy compliance, verify correctness of payment instructions and bank balance liquidity checking) and report any discrepancies to supervisors.
  • Process payment transactions in the corporate financial management system as part of regularly scheduled activities. This entails consolidating all due payables, reconciling records against the Case Management Platform, ensuring consistency of net liability based on incoming case, and effectively addressing any related concerns or complications.
  • Perform scheduled activities for General Accounting and Accounts Payable, under the guidance of the supervisor,
  • Consolidate and prepare required documentation and submit payment transactions for approval.
  • Monitor downstream process to ensure timely payment transfer; handle bank rejections and similar exceptional cases and update records to accurately reflect their status.
  • Provide feedback to requesting offices on specialized questions. Escalate inquiries requiring more extensive analysis.
  • Bring any discrepancy or inaccuracy related to any financial transaction to the attention of the supervisor and follow up corrective actions.
  • Compile data from the WFP database and systems to assist in generating and analyzing financial reports. Monitor workload trends and provide reports to facilitate informed decision-making.
  • Perform other assigned tasks as required.

 

DESIRED EXPERIENCES AND MINIMUM ACADEMIC QUALIFICATIONS

 

Education and experience:

Minimum 2 years of relevant work experience for holders of a university degree from an accredited institution in fields such as: finance, project management, business studies, accounting, economics, mathematics, statistics, management information systems (MIS), industrial engineering, international relations, public administration, social sciences, humanities, or languages.

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Or 6 years of relevant work experience for holders of a High School Diploma.

 

Knowledge and skills:

  • Strong focus on accuracy and consistency, with strong analytical, data extraction, reporting skills, and logical thinking.
  • A working knowledge of ERP systems and preferably SAP Software is desirable.
  • Ability to build relationships with a variety of individuals across teams.
  • Ability to work effectively with others in a multicultural, multi-ethnic environment with sensitivity and respect for diversity and inclusion.
  • Working knowledge of the Microsoft Suite of Products (MS Word, MS Excel, and MS PowerPoint).
  • Proven ability to deal with confidential and sensitive communication and information

 

Language requirements:

  • Fluency in both oral and written communication in English language (Level C) and in the duty station’s language.
  • Knowledge of a second UN language is desirable (a second official UN language: Arabic, Chinese, French, Russian, Spanish, and/or Portuguese.

 

 

WHAT WFP OFFERS

An inclusive and multicultural working environment with passionate colleagues who work to ensure effective humanitarian assistance reaches millions of people across the globe.

When you join us, you will be employed on a fixed-term contract, initially for two years with a one-year probationary period. Our offer includes:

  • Hybrid working: work from home up to 2 days per week. Full office presence is required for the first two months to ensure thorough training and onboarding.
  • Competitive tax-free base salary starting at 9,684,000 HUF
  • Annual Leave: 30 days
  • Parental leave
  • Child Allowance: starting from 793,476 HUF per child
  • Social Security Benefits: enrollment in the United Nations Joint Staff Pension Fund (UNJSPF)
  • Professional Development opportunities

 

More details about salary and benefits at Salary Scale GS Budapest and Benefits and entitlements

 

 

ADDITIONAL INFORMATION

  • Applicants must reside within commuting distance of the WFP Budapest office (Central Udvar, Wesselényi u. 16, 1077 Budapest), or be willing to relocate at their own cost before taking up the assignment.
  • Applicants must be nationals of Hungary or other EU/Schengen country OR in the possession of a valid permanent Hungarian residency and work permit. Temporary and/or sponsored visas are not accepted. WFP does not facilitate MFA accreditation for locally recruited staff. WFP shall not accept responsibility or liability to act as a sponsor or to otherwise facilitate the issuance, maintenance, renewal, extension, or conversion of the candidate’s residency and/or work permit for employment with WFP. Please attach a copy of your work permit to your application submission (if applicable).
  • Please note that hybrid working arrangements are subject to change based on operational needs and management discretion.

SELECTION PROCESS

This call for applications will remain open for continuous submissions to build a roster of prequalified candidates for future opportunities at the same level in Budapest. We review applications on an ongoing basis, so we encourage you to apply as soon as possible.

Our selection process follows a structured approach and includes the following steps:

  • Application to vacancy announcement
  • Technical assessment
  • English language assessment
  • Competency-based interview
  • Background check

Join us in our mission to achieve zero hunger and make a real impact in the world. Apply now!

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.

 

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.

Budapest, Hungary