Financial Reporting Specialist (Re-advertisement)

Copenhagen

Organization: UNOPS - United Nations Office for Project Services
Location: Copenhagen
Grade: Mid level - IICA-2, International Individual Contractors Agreement
Occupational Groups:
- Banking and Finance
- Communication and Public Information
- Mine Action and Weapon Contamination
- Documentation and Information Management
Closing Date: Closed

Background Information - FG

Candidates who already applied for the position VA/2017/B0004/13228 - Finance Specialist do not need to apply for this vacancy again

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. The Financial Reporting Specialist reports to the Head of Financial Statements and Audit who provides broad supervision and guidance. The Financial Reporting Specialist is responsible for efficient financial resources management and the provision of accurate, thoroughly researched and documented financial information and transparent utilization of financial resources. He/she analyzes and interprets the financial rules and regulations and provides solutions to a wide spectrum of complex financial issues. The Financial Reporting Specialist promotes a client-oriented approach consistent with UNOPS rules and regulations.

Functional Responsibilities

Corporate financial statements
Financial oversight and monitoring
Internal and external audit
Capacity building / system improvement

1. CORPORATE FINANCIAL STATEMENTS

Prepare corporate financial statements, in compliance with International Public Sector Accounting Standards (IPSAS), including all the necessary supporting schedules and notes.

Prepare analysis and feedback to queries from internal and external stakeholders related to corporate financial statements.

Provide expert advice and support in regular book closure and year-end closure process

Take lead in monthly, quarterly and year end closing schedule and calendar of activities.

2. FINANCIAL OVERSIGHT AND MONITORING

Exercise periodic monitoring over transactions and account balances to ensure recording and reporting in accordance with UNOPS Financial Rules and Regulations and other applicable Organizational Directives and Operational Instructions.

Take a proactive approach in identifying issues related to data quality and liaise with related parties in the organization to ensure timely and necessary corrections.

Maintain a log of issues identified, analyze data and draw a holistic action plan to improve processes and establish necessary controls based on lessons learned.

Contribute to developing and maintaining strong control environment around financial reporting.
Ensure that all deadlines applicable to book closure and reporting are met.

3. INTERNAL AND EXTERNAL AUDIT

Prepare audit related reports to be submitted to UN Board of Auditors, UNOPS Executive Board and UNOPS management.

Provide support to Head of Financial Statements and Audit during Internal and External audit processes.

Monitor, manage and take follow-up actions on both Internal and External audit recommendations with the concerned Practices in HQ and field offices.

4. CAPACITY BUILDING / SYSTEM IMPROVEMENT

Support process documentation and continuous process improvements.

Become a subject matter expert for the Financial Reporting requirements UNOPS ERP (OneUNOPS).

Develop innovative solutions to optimize financial processes and reduce manual work.

Responsible for providing guidance and advice to finance practitioners in the area of financial accounting, interpretation and operational guidance on the application of the Accounting standards and UNOPS FRR.

Impact of Results The key results have an impact on the overall Financial Group efficiency in financial resources management and success in introduction and implementation of operational strategies. Accurate, thoroughly researched and documented financial information, timely and appropriate delivery of services ensure client satisfaction and enhance UNOPS credibility in use of financial resources

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

Eduacation:

Master’s Degree or equivalent in Finance, Accounting, Financial Management or a related field is required.
A first-level university degree (Bachelor's or equivalent) in combination with additional 2 years of qualifying experience may be accepted in lieu of a Master's degree.
Professional certification in accounting (CA, CPA, ACCA, ACA, CIMA, etc.), audit (CIA) or equivalent desirable and considered an asset.

Experience:

Minimum 5 years of relevant working experience within an international environment in the areas of audit, accounting and/or financial reporting
A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS).
Excellent computer skills and ability to use software tools to present data clearly and concisely. Good working knowledge of MS Office applications, including proficiency in Excel.
Knowledge and experience in ERP system developments and process improvements and automation considered an asset.
Ability to constructively challenge status quo and communicate effectively with stakeholders at all levels of the organization.

Language:

Full working knowledge of English is required.
Knowledge of another official UN language is an asset.

Contract type, level and duration

Contract type: International ICA
Contract level: Level 2
Contract duration: One year (renewable subject satisfactory performance)

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

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.

Additional Considerations

Candidates who already applied for the position VA/2017/B0004/13228 - Finance Specialist do not need to apply for this vacancy again

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.

This vacancy is now closed.
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