Finance Analyst

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 organizational 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 organizational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.

The Finance Analyst reports to the Financial Reporting Specialist who provides broad supervision and guidance.  The Finance Analyst 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 Finance Analyst promotes a client-oriented approach consistent with UNOPS rules and regulations.

1. Financial oversight and monitoring
2. Corporate financial statements and Audit
3. Capacity building / system improvement 

• Regular review and oversight on the classification of projects within UNOPS to ensure an appropriate basis of revenue recognition is in place, in compliance with IPSAS standards

• Regular review, monitoring and consolidation of UNOPS provision for bad debts, write off and contingent assets/liabilities and liaison with respective offices for timely updates

• Communication with internal stakeholders on areas requiring verification, corrections, additional information, etc. to improve quality of output and/or account submissions

• Review of finance data in General Ledger for completeness, accuracy, and correctness of account entries in relevant areas of focus

• Exercise periodic monitoring and oversight on transactions and account balances in respective areas to ensure recording and reporting is made in accordance with UNOPS Financial Rules and Regulations and other applicable Organizational Directives and Operational Instructions

• Contribute to developing and maintaining strong control environment around financial reporting

• Raise transactions in UNOPS ERP as needed

• Ad-hoc tasks as assigned.

• Assist the Financial Reporting Specialist in preparation of interim and year-end corporate financial statements, by consolidating data, preparing working files and supporting schedules for notes to the financial statements

• Coordination and monitoring of quarterly and year-end financial closure processes

• Review reconciliation submissions and account balances to ensure recording and reporting compliance in accordance with UNOPS Financial Rules and Regulations and other applicable Organizational Directives and Operational Instructions

• Assist the Financial Reporting Specialist in identifying issues related to data quality and liaise with related parties in the organization to ensure timely and necessary corrections

• Provide support to the audit focal person during internal and external audit processes

• Assist in maintaining a log of on both internal and external audit recommendations and draw useful data for analysis

3. CAPACITY BUILDING / SYSTEM IMPROVEMENT

• Support the Financial Reporting Specialist in continuously improving and refining UNOPS financial processes to reduce manual work and enhance efficiency

• Review and update process documentation and relevant areas in UNOPS' knowledge management system (PQMS)

• Maintain a log of issues identified, and liaise with relevant parties to address the issues in a timely manner.  

• Become a subject matter expert for the Financial Reporting requirements in the UNOPS ERP system (OneUNOPS), in particular on the classification of UNOPS’ projects

• Contribute to the preparation of training materials and training sessions to Finance practice members                                                                                                                                                                                                                                                                                    

• An advanced university degree (Master’s degree or equivalent) preferably in finance, accounting, business administration or a related area is required.
• A first-level university degree (Bachelor's degree or equivalent) in combination with additional 2 years of qualifying experience may be accepted in lieu of the advanced university degree.

• Minimum 2 years of relevant working experience in the areas of audit, accounting and/or financial reporting with a Master’s Degree; Minimum 4 years of relevant working experience in the areas of audit, accounting and/or financial reporting is required in combination with a Bachelors’ Degree  

• A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) is considered a distinct advantage.

• Experience and Knowledge of UNOPS financial rules and regulations, working knowledge of ERP would be an asset

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

• 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.
• Work life harmonization - UNOPS values its people and recognizes the importance of balancing professional and personal demands. We have a progressive policy on work-life harmonization and offer several flexible working options. This policy applies to UNOPS personnel on all contract types
• 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.

UNOPS is an operational arm of the United Nations, supporting the successful implementation of its partners’ peacebuilding, humanitarian and development projects around the world. Our mission is to help people build better lives and countries achieve sustainable development.

UNOPS areas of expertise cover infrastructure, procurement, project management, financial management and human resources.

Working with us

UNOPS offers short- and long-term work opportunities in diverse and challenging environments across the globe. We are looking for creative, results-focused professionals with skills in a range of disciplines.

Diversity

With over 4,000 UNOPS personnel and approximately 7,000 personnel recruited on behalf of UNOPS partners spread across 80 countries, our workforce represents a wide range of nationalities and cultures. We promote a balanced, diverse workforce — a strength that helps us better understand and address our partners’ needs, and continually strive to improve our gender balance through initiatives and policies that encourage recruitment of qualified female candidates.

Work life harmonization

UNOPS values its people and recognizes the importance of balancing professional and personal demands.