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Deputy Chief Financial Officer

Copenhagen

  • Organization: UNOPS - United Nations Office for Project Services
  • Location: Copenhagen
  • Grade: Senior Executive level - D-1, Director - Internationally recruited position
  • Occupational Groups:
    • Banking and Finance
  • Closing Date: Closed

Background Information - UNOPS

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.  

Background Information - FG

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, business strategy and practices, financial analysis and risk assessment, financial management services and long term organisational treasury and investments.  As the steward of resources of a self-financing UN entity, FG is accountable for 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.

Functional Responsibilities

The Deputy Chief Financial Officer (DCFO) is a key supporting role for the Chief Financial Officer (CFO) running the day to day operations of the Group and liaising with organisational stakeholders.  The position plays a key role in the development and maturation of financial forecasting and planning systems at the Corporate level. In addition, the position provides a key interface between various other parts of the global finance function and the financial reporting and forecasting infrastructure. The position also provides an interface between Global Finance and other Global Centre functions. This role functions as the “right hand” of the CFO and is heavily involved in strategic, budgeting and planning activities.

Summary of functions:

1.     Strategic advisory services
2.     Financial leadership

3.     Financial management and control

4.     Financial information and reporting

5.     Knowledge management and innovation

1.     Strategic advisory services        
  • Contribute to the formulation of UNOPS overall strategies and policies through advisory services to the Executive Director and Deputy Executive Director and participation in the senior management group on current and future business operations and strategy development and planning.  

  • As requested, represent the CFO in the senior management team, ensure the strategic alignment of financial management policies and services with the business goals of UNOPS, sustaining the organisation's ability to adapt and respond to the external environment.

  • Serve as a principal internal advocate for prudent management and growth of financial assets and build an informed and shared management engagement on financial issues, by advocating the value of linking financial and operational information for decision-making purposes.

  • Provide the senior management team with timely and accurate management reports, strategic advice and proposals to ensure the immediate and longer term implications, opportunities and risks of business decisions are fully considered, and aligned with the organisation’s financial strategy.

  • Support the CFO, in ensuring the Executive Director and Deputy Executive Director are kept informed of issues, trends, and changes which are relevant to the operation of an efficient finance function.

  • Provide financial and nonfinancial information to support the board’s decision making.

  • Undertake special projects at the direction of the CFO in areas of financial systems development, Global Treasury, and other areas to be determined.

2.     Financial leadership        

  • Act as OIC in the absence of the CFO.

  • With the CFO, lead and empower the Finance Practice Group in the design and delivery of an integrated platform of services, which ensures highly responsive service to clients, management and project staff while safeguarding the integrity of financial systems and resource liquidity in accordance with UNOPS policies.

  • Assess the performance and efficacy of financial services and take decisions and/or recommend to the CFO major changes and/or alignment in operations to enhance and/or maintain efficacy. 

  • Promote teamwork and collaboration by providing the team with clear direction, objectives and guidance to enable them to perform their duties responsibly, effectively and efficiently.

  • Plan, recruit and develop a flexible workforce with the skills and competencies needed to ensure optimum performance, and ensure gender and geographical diversity.

  • Foster a positive work environment, respectful of both men and women, and ensure that the highest standards of conduct are observed.

3.     Financial Management and Control        

  • Lead the implementation of financial policies that capture developments in financial management, promoting the comparative advantage of UNOPS and demonstrating effective stewardship of resources to clients and donors.

  • Ensure that systems and processes for financial administration, financial control and protection of the organisation’s resources and assets are in place and designed in conformity with appropriate ethical standards and monitor their continuing effectiveness in practice.

  • Review and maintain a well-organised, competent organisational structure of the Finance Practice as well as highly efficient internal financial processes at all times.

  • Ensure the maintenance of an effective financial management infrastructure that extends to all Regions and is responsive and adaptable to the varied business initiatives pursued by UNOPS.

  • Champion financial risk management by promoting innovation in financial controls, policies and risk mitigation mechanisms.

  • Provide recommendations based on analysis of various audit and other information to enhance financial policies and to implement necessary changes that will strengthen the financial capacity and controls throughout the organisation.

4.     Financial information and reporting        

  • With the CFO, lead the development and implementation of the UNOPS strategic budget process, providing guidance, support, analysis and input to stakeholders throughout, articulating important financial issues and proposing appropriate solutions.

  • Consolidate the overall budget for UNOPS, guiding and influencing organizational decision making to focus available resources on the most critical strategic priorities.

  • Monitor, evaluate and communicate budgetary performance through quarterly reporting to the Executive Office, and through the interim or mid-year review process.

  • Provide oversight of UNOPS financial accounting and reporting activities, including annual budget development and implementation.

  • Ensure statutory financial statements are accurate and prepared in compliance with the International Public Sector Accounting Standards (IPSAS).

  • Endorse all financial reports submitted to senior management, including reports submitted to legislative bodies and for certification by the United Nations Board of Auditors, in compliance with all applicable financial regulations, rules, procedures and accounting standards.

  • Drive improvements to the organisation’s overall financial system and to ensure that the maximum benefit of management information is obtained.

5     Knowledge Management and Innovation        

  • Lead the development and introduction of innovation to ensure UNOPS is continually incorporating best practices approaches in the delivery of project services.

  • Ensure the dissemination and sharing of best practices and lessons learned for corporate development planning and knowledge building.

  • Establish priorities, in consultation with the CFO and Executive Director, for targeted investments in growth and innovation and as a member of the UNOPS global management team, contribute to identification and implementation of innovation and continuous improvement in support of organisational excellence and world-class performance.

Impact of results
The Deputy Chief Financial Officer directly impacts the effective management and financial integrity of UNOPS through the effective stewarding of organisational resources, maintaining appropriate controls and integrity of financial management in accordance with relevant international standards, enabling prudent management and growth of financial assets and building an informed and shared management engagement on financial issues in support of the UNOPS overall strategy.

Competencies

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. For people managers only: Acts as positive leadership role model, motivates, directs and inspires others to succeed, utilizing appropriate leadership styles.
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/Experience/Language requirements

  • Master’s degree in finance, accounting, business administration, or other related financial field is required.

  • A professional qualification such as CA or CPA is required.

  • A minimum of 10 years of experience with an exceptional track record of progressively responsible leadership experience in financial management and accounting.

  • Knowledge of IPSAS, IFRS or GAAP is required.

  • Experience in risk management from a business and economical perspective is required.

  • Previous experience as a Deputy CFO of a large organization, leading strategic risk management and investment strategies is highly desirable.

  • Strong commercial acumen derived through private sector experience would also be an advantage.
  • Full working knowledge of English.  
  • Knowledge of another official UN language is an asset.

Contract type, level and duration

Contract type: Fixed Term
Contract level: D-1
Contract duration: one year, renewable

For more details about United Nations staff contracts, please follow this link: https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/UN-Staff-Contracts.aspx


Additional Considerations

  • Please note that the closing date is midnight Copenhagen time
  • Applications received after the closing date will not be considered.
  • Only those candidates that are short-listed for interviews will be notified.
  • Qualified female candidates are strongly encouraged to apply.
  • For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post
  • The incumbent is responsible to abide by security policies, administrative instructions, plans and procedures of the UN Security Management System and that of UNOPS.  

It is the policy of UNOPS to conduct background checks on all potential recruits/interns. Recruitment/internship in UNOPS is contingent on the results of such checks.

APPLICANTS SHOULD INCLUDE A MOTIVATION LETTER WITH THEIR APPLICATIONS.

This vacancy is now closed.
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