Treasurer

 

IMPORTANT NOTICE REGARDING APPLICATION DEADLINE\:  please note that the deadline for applications is indicated in local date and time.

 

 

 

The post is located in the Finance Division, Department of Program Planning and Finance, Administration and Management Sector.

 

The Finance Division is responsible for the management of WIPO’s financial accounting and reporting, treasury management and compliance with financial policies and procedures. Included within these responsibilities are the management of the Organization’s cash position, production of statutory financial reports and other financial information, and coordination with oversight and financial control activities such as external and internal audit, the Independent Advisory Oversight Committee (IAOC) and the Joint Inspection Unit (JIU).

 

The incumbent is responsible for managing WIPO’s cash position, ensuring that the organization has sufficient available liquidity to meet expenditures and that cash balances are managed in accordance with WIPO’s investment policy. The incumbent may supervise one or several treasury staff.

 

The incumbent works under the supervision of the Director, Finance Division.

 

 

 

The incumbent will perform the following principal duties\:

a)    Lead the development, updating, promotion and implementation of Treasury Management policies and best practices pertaining to cash and liquidity management, foreign exchange risk management, cash investment, banking and counter-party risk exposure management. Monitor, review and adjust, as necessary, the implementation of all Treasury processes and procedures.

 

b)    Plan and manage the Organization’s day-to-day liquidity, real-time cash position, cash operations and short-term cash forecast, the funding of the bank account structure and the liquidity requirements of External Offices. Lead process improvements by increasing the efficiency and effectiveness of internal controls for the disbursement process, revenue management and cash applications.

 

c)    Manage the Organization’s currency risk exposure and the execution of foreign exchange transactions. Develop and implement strategies to minimize the Organization’s foreign currency exposures, including hedging analysis using FX derivative instruments. Lead the development and implementation of FX Netting to increase the efficiency and effectiveness of the Organization’s currency risk exposure management.

 

d)    Provide technical and secretarial support to the Advisory Committee on Investments (ACI) and prepare periodic reporting, including risk and performance measurements. Manage the Organization’s Operating Cash investments. Monitor Core and Strategic Cash investment strategy compliance and lead performance review discussions.

 

e)    Manage the Organization’s banking arrangements, offerings, pricing schedule, fee management and relationships. Establish and maintain all bank accounts in compliance with the Organization’s Financial Regulations and Rules and monitor compliance with counter-party risk limits.

 

f)     Define, develop and review functional and technical requirements for Treasury Management Systems and e-banking platforms.

 

g)    Contribute to Senior Management strategic decision-making by alerting and advising on financial market trends and emerging risks. Collaborate and partner with all divisions/functions of the Organization to deliver the benefits of strategic treasury management. This includes the provision of Treasury functions and advice to External Offices.

 

h)    Lead, plan and control the work of the treasury function ensuring the effective management and efficient use of all financial, human and other resources in accordance with the results based management framework; submit planning and budget proposals and activities in conformity with defined outcomes and objectives; evaluate and monitor individual and team operational performance levels and follow up as appropriate.

 

i)      Represent the Organization at meetings, including of the United Nations common system, and provide authoritative advice on treasury issues; provide/coordinate secretariat services to committees, meetings and other bodies; deliver presentations and prepare reports.

 

j)      Perform other related duties as required.

 

 

 

Education

Essential

Advanced university degree in finance, accounting or a related discipline. A relevant first-level university degree plus two years of relevant experience in addition to the experience requested below may be accepted in lieu of an advanced university degree.

 

Desirable

Membership of a Professional Body of Treasurers e.g. ACT or of a Professional Body of Accountants e.g. ACA, CPA etc.

 

Experience

Essential

At least 12 years of professional experience in the field of treasury management of which five at the international level or in the United Nations Common System. Experience of working with an ERP system.

 

Languages

Essential

Excellent knowledge of written and spoken English.

 

Desirable

Knowledge of written and spoken French.  A commitment to acquire a good level of French will be expected.

 

Knowledge of other UN official languages.

 

Job-related competencies

Essential

Thorough understanding of derivatives, hedging, investments and international cash management.

 

Ability to devise methods and solutions corresponding to the new needs resulting from the Organization's development.

 

Effective analytical and diagnostic skills.

 

Excellent managerial skills, with the ability to provide leadership and motivate staff and to plan and coordinate the work of a team.

 

Ability to communicate effectively both orally and in writing; presentation skills.

 

Proactive in developing strategies to accomplish objectives, service orientation and accountability for delivering results.

 

Excellent interpersonal skills and ability to maintain effective partnerships and working relations in a multi-cultural environment with sensitivity and respect for diversity.

 

Competent user of Microsoft Office applications (Word, Excel, Outlook, PowerPoint) and the internet.

 

 

 

1.  Communicating effectively.

2.  Respecting individual and cultural differences.

3.  Showing team spirit.

4.  Managing yourself.

5.  Producing results.

6.  Embracing change.

7.  Respecting ethics and values.

 

WIPO Managerial Competencies

 

1. Creating a stimulating work environment.

2. Planning and managing resources.

3. Promoting change, innovation and learning.

4. Building and promoting partnerships.

 

 

 

Mobility\:  Candidates appointed to an international position with WIPO are subject to mobility and may be assigned to any activity or duty station of the Organization throughout the world.

 

Annual salary\:

Total annual salary consists of a net annual salary (net of taxes and before medical insurance and pension fund deductions) in US dollars and a post adjustment.  The post adjustment (cost of living allowance) is variable and subject to change without notice in accordance with the rates as set within the UN Common System for salaries and allowances.  The figures quoted below are based on the March 2017 rate of 79.3%

 

P5
Annual salary	$84,721
Post adjustment	$67,184
Total Salary	$151,905
Currency USD

 

 

Please refer to WIPO’s Staff Regulation and Rules for detailed information concerning salaries, benefits and allowances.

 

Additional Information

 

Initial period of two years, renewable, subject to satisfactory performance.  No fixed-term appointment or any extension hereof shall carry with it any expectancy of, nor imply any right to, (further) extensions or conversion to a permanent appointment.

 

This vacancy announcement may be used to fill other posts at the same grade with similar functions in accordance with Staff Rule 4.9.5.

 

Applications from qualified women as well as from qualified nationals of unrepresented Member States of WIPO and underrepresented geographical regions are encouraged. Please click on the following links for the list of unrepresented Member States and the list of underrepresented regions and the WIPO Member States in these regions.

 

The Organization reserves the right to make an appointment at a grade lower than that advertised.

 

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By completing an application, candidates understand that any willful misrepresentation made on this web site, or on any other documents submitted to WIPO during the application, may result in disqualification from the recruitment process, or termination of employment with WIPO at a later date, if that employment resulted from such willful misrepresentations.

 

In the event that your candidature is shortlisted, you will be required to provide, in advance, a scanned copy of an identification and of the degree(s)/diploma(s)/certificate(s) required for this position. WIPO only considers higher educational qualifications obtained from an institution accredited/recognized in the World Higher Education Database (WHED), a list updated by the International Association of Universities (IAU) / United Nations Educational, Scientific and Cultural Organization (UNESCO). The list can be accessed through the link\: http\://www.whed.net/. Some professional certificates may not appear in the WHED and these will be reviewed individually.

 

Additional testing/interviewing may be used as a form of screening.  Initial appointment is subject to satisfactory professional references.

 

Additional background checks may be required.