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Finance Analyst

Kiev | Kiev

  • Organization: UNOPS - United Nations Office for Project Services
  • Location: Kiev | Kiev
  • Grade: Junior level - LICA-8, Local Individual Contractors Agreement
  • Occupational Groups:
    • Administrative support
    • Banking and Finance
  • Closing Date: Closed

Background Information - UNOPS

UNOPS supports the successful implementation of its partners’ peacebuilding, humanitarian and development projects around the world. Our mission is to serve people in need by expanding the ability of the United Nations, governments and other partners to manage projects, infrastructure and procurement in a sustainable and efficient manner.

Working in some of the world’s most challenging environments, our vision is to advance sustainable implementation practices, always satisfying or surpassing our partners’ expectations.

With over 7,000 personnel spread across 80 countries, UNOPS offers its partners the logistical, technical and management knowledge they need, wherever they need it.

A flexible structure and global reach means that we can quickly respond to our partners' needs, while offering the benefits of economies of scale. 

Background Information - Job-specific

In response to the request of the Government of Ukraine and further to the meeting between the President of Ukraine and UNOPS Executive Director on 15 May 2016 the United Nations Office for Project Services concluded an Agreement between the Government of Ukraine and the UNOPS on the opening of the UNOPS Office in Ukraine. The Agreement was signed on 22 November 2016.

According to the Agreement the UNOPS Office in Ukraine is to provide a broad spectrum of services to the Government and people of Ukraine including but not limited to procurement, contracting, recruitment and administration, implementation of technical assistance, humanitarian and investment projects that are funded by the Government, international organizations, local communities, foreign governments and non-for-profit organizations, international financial institutions, UN Agencies and alike.

Under the overall guidance of the Finance Specialist, the Finance Analyst provides a variety of specialized finance, accounting, and budget related activities ensuring high quality, accuracy and consistency of work. The Finance Analyst promotes a client, quality and results-oriented approach and works in close collaboration with the Programme, Operations, project teams in the UNOPS office in Ukraine, Regional Office or Operations/Project Centre, UNOPS HQ staff and Government officials ensuring successful delivery of financial services.

Functional Responsibilities

Ensures implementation of operational strategies focusing on achievement of the following results:
  • Implementation of the internal Standard Operating Procedures in Finance in UNOPS Office in Ukraine under the supervision of the Finance Specialist;
  • Continuous analysis and monitoring of the financial situation in UNOPS Office in Ukraine;
  • Analysis and implementation of cost-saving and reduction strategies (including introduction and development of e-banking).
  • Full compliance with UNOPS Financial Rules and Regulations, the Finance Manual and Finance and Budget Technical Instructions in all financial transactions, recording, reporting, etc.;
  • Routine monitoring of financial exception reports for unusual activities, transactions, and analysis of anomalies or unusual transactions with further actions if required;

Ensures timely budget preparation and effective monitoring and control, focusing on achievement of the following results:
  • Elaboration of proposals for planning of financial resources of the UNOPS Office in Ukraine, preparation of reports containing analysis of the financial situation;
  • Coordination of the preparation of project budget; review of budget submissions, regular analysis and reporting on the budget approvals and the delivery situation; monitoring of expenditures against budget allotments and reporting on variances;
  • In coordination with the Finance Specialist, ensure compliance with UNOPS financial rules and regulations, financial policies and procedures and that project budgets and revisions are prepared in accordance with established procedures and budgetary guidelines of the funding agency; project budget re-phasing processed accurately and timely;
  • Identification of administrative budgetary requirements; guidance on guidelines for budget preparation, the format to be used in reflecting budget proposals and the procedures for submission to facilitate consolidation at the global level;
  • Review of budget proposals for reasonableness, consistency with the organizational goals and priorities;
  • Monitoring and advice to the Operations Manager and Finance Specialist on the financial status of projects and programmes (including pending and approved budgets; contributions confirmed but not yet available for expenditure; contributions available for expenditure and contributions already expended);
  • Monitoring of expenditure levels against allotments. Reviewing and processing of request for budget revision as required;
  • Monitoring of the status of budgetary allocations on an ongoing basis; networking with clients to strengthening of budget management and take corrective actions when required;
  • Maintenance of the UNOPS Project Budget formulation system ensuring timely input and processing of data. With the cooperation of the Information Technology group, ensuring relevance of system at all times by updating and proposing change to facilitate financial management of project and enhance financial reporting.
  • Discussion of concerns with the Finance Specialist when required so that timely corrective actions can be taken.

Ensures proper UNOPS Office in Ukraine cash management and treasury functions, focusing on achievement of the following results:

  • Provision support to timely review of cash position for local accounts to ensure sufficient funds on hand for disbursements, timely identification and recording of receipts for income application;
  • Monitoring of imprest level through daily review of zero-balance account bank statements in oneUNOPS; identification and recording of contributions;
  • Provision support to efficient local banking arrangements and compliance with local financial and banking regulations;
  • Timely preparation pf monthly cash flow forecast for use by the Financial Specialist;
  • Initiation of bank transfers and deals, selecting bank transfers and deals for approval and settlement;
  • Acting as cashier for on-site transactions;
  • Building project capacity to effect payments using oneUNOPS or Imprest Accounts;
  • Monitoring of the delivery and income of the portfolio; planning and adjustment of expenditures for the administrative budget;
  • Analysis of trends and forecasting of income from projects and other sources.

Ensure proper UNOPS Office in Ukraine commitments and payments, focusing on achievement of the following results:

  • Ensuring full compliance with Financial Rules and Regulations and UNOPS procedures with regard to financial processes, financial records, reports, and audit follow up;
  • Monitoring and ensuring validity of charges by verifying authorized amounts and ensuring availability of budget and funds;
  • Prior to further processing, reviewing payment requests for completeness and ensuring documentation is complete and information concerning the payment provided as required: proper accounting codes used, payment to sub-contractor/supplier is in compliance with terms and conditions of agreement;
  • Support the Finance Specialist in analyzing, developing and implementing the internal expenditures’ control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in oneUNOPS; payrolls are duly prepared; monthly payment orders (MPOs), travel claims and other entitlements are duly processed;
  • Preparation of non-PO payment requests when needed;
  • Preparation of periodic accounts closure;
  • Monitoring/follow-up on the remittances and payments completion with due recoding in accounting system;
  • Preparation of bank reconciliation reports;
  • Maintenance of contact with the local bank to obtain bank statements, information on changes in procedures, bank regulations, etc.
  • Preparation of financial and statistical reports for internal use as required by management;
  • Reconciliation of expenditures recorded in oneUNOPS finance system;
  • Maintenance of financial filing system to ensure clear and auditable trail on all financial transactions;
  • Completion of Finance profile tasks in oneUNOPS.
  • Ensuring that authorized corrective actions are taken in timely manner on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers. Timely responding to HQ and Regional office requests to resolve financial data issues.
  • Control of the Accounts Receivables for UNOPS projects and follow up with partners on contributions.
  • Ensuring of proper maintenance of the Office financial accounts; preparation of financial records, periodic statements and reports as required. Guidance of the work of finance personnel in projects;
  • Proper receipt, management, safeguarding and disbursement of payments handled by Office;
  • Control and verifying of supporting documents for payments; preparation of all types of vouchers; execution of payments;

Ensure proper UNOPS Office in Ukraine financial reporting, focusing on achievement of the following results:

  • Provision of support to implementation of audit and its recommendations, prepare Office replies to internal and external audit queries;
  • Contribution to the implementation of internal control systems, report any identified weaknesses and suggest remedial action(s);
  • Managing Petty Cash Account, maintenance of all receipts and creation of ledger report;
  • Preparing of Operational Advance Request, maintenance of records of expenditures and reconcile;
  • Contract/Grant Management, ensuring all grants and contracts are paid on time and maintenance of transactions’ records.
Ensures knowledge building and knowledge sharing, focusing on achievement of the following results:
  • Provision support to the organization and conduct of training for the operations/ projects staff on Finance;
  • Filing of lessons learned and best practices in Finance;
  • Sound contributions to knowledge networks and communities of practice.

Perform other duties as may be reasonably required and in line with the incumbent’s scope of services above.


Education

Master’s Degree or equivalent in Finance, Business Administration, Public Administration, Economics or related field is required.  A first-level university degree in combination with qualifying experience may be accepted in lieu of the advanced university degree.

Experience

  • A minimum of 2 years of relevant experience at the national or international level in providing financial management services and/or managing staff and operational systems.
  • Experience with use of an ERP system is highly desired.
  • Knowledge of UN financial rules and regulations is desired.
  • Experience in the usage of computers and office software packages (MS Office) and advance knowledge of spreadsheet and database packages,

Languages

Fluency in written and oral English, Ukrainian and Russian is required. 

Competencies

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.

Functional competencies

Knowledge Management and Learning

  • Promotes a knowledge sharing and learning culture in the office
  • Actively works towards continuing personal learning and development in one or more Practice Areas, acts on learning plan and applies newly acquired skills

Development and Operational Effectiveness

  • Ability to provide analytical inputs to strategic planning, results-based management and reporting
  • Ability to make the analysis of requirements and parameters provided in support of financial processes in the UNOPS office in Ukraine
  • Ability to formulate and manage budgets, contributions and investments, and transactions; conduct financial analysis, reporting and cost recovery
  • Good knowledge of accounting
  • Ability to implement new systems and affect staff behavioral/ attitudinal change

Contract type, level and duration

Contract type: Local Individual Contractor Agreement (L - ICA)
Contract level: L - ICA 8
Contract duration: One year initially, renewable subject to satisfactory performance and funding availability.


For more details about the ICA contractual modality, please follow this link:
https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/Individual-Contractor-Agreements.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.
  • The incumbent is responsible for abiding 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.

This vacancy is now closed.
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