Finance Assistant with BMS/GSSU
UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
UNDP, as an integral part of its mission to fight poverty and improve the lives of people around the world, is committed to being open, transparent and accountable. As part of this commitment, UNDP adopted International Public-Sector Accounting Standards (IPSAS) on 1 January 2012, and established the Global Shared Services Unit (GSSU) to serve UNDP’s network of offices (covering 166 countries around the world) in the provision of financial and accounting services. The GSSU has been fully functioning since 2012, and is presently expanding the breadth of its services to support expanded finance, accounting and procurement processes as well as to provide training to UNDP Offices where needed. The Chief, Global Shared Service Unit in Kuala Lumpur, Malaysia is supervised – on a day-to-day basis by the Director, Global Shared Services Unit, Bureau for Management Services (BMS).
The Global Shared Services Unit (GSSU) within the Bureau for Management Services (BMS) supports all UNDP offices and units with the provision of transactional services. This includes a core set of transactions in Finance and HR that are already being handled by the Global Shared Service Unit (GSSU) in Kuala Lumpur. The GSSU is led by the Director who reports to the Director of Bureau for Management Services (BMS).
As part of this commitment, UNDP adopted International Public-Sector Accounting Standards (IPSAS) on 1 January 2012, and established the Global Shared Service Centre (GSSC) to serve UNDP’s network of offices (covering 166 countries around the world) in the provision of financial, accounting and procurement services. The GSSC has been fully functioning since January 2012, and is presently expanding the breadth of its services to support expanded finance, accounting and procurement processes. In addition to their day-to-day operations, the GSSC personnel are also involved in supporting UNDP’s country offices through transactions support training where needed.
The Finance Assistant has a good understanding of the cases submitted by GSSC Management and applies SOPs to provide the required services. S/he may have to work for the different bureaus and offices, depending on Management’s needs and workload evolutions. Under the guidance and direct supervision of the Finance Specialist/Analyst, the Finance Assistant is responsible to perform any of the below financial functions, for both accounting and treasury, including but not limited to:
- General Accounting
- Revenue Accounting
- Fixed Assets
- Investment Accounting
- Financial Resources Management
- Expense Management
- Treasury and cash transactions
Duties and Responsibilities
The Finance Assistant supports the provision of accounting services to the Clustering, or Procure-to-Pay, or Record-to-Report and Revenue based on the teams s/he is assigned to, ensuring high quality, accuracy and consistency of work in line with the Standard Operating Procedures.
- Ensures implementation of operational and financial management strategies, adapts processes and procedures focusing on achievement of the following results:
- Full compliance with UN/UNDP rules and regulations of financial processes, financial records and reports and audit follow up; implementation of the effective internal control framework.
- Finance business processes mapping and elaboration of the content of internal Standard Operating Procedures in Finance in consultation with the direct supervisor and office management.
- Ensures financial records are compliance with SOPs, IPSAS and other UNDP Financial Rules and Regulations
- Provides accounting and finance support to COs and performs Global payroll functions focusing on achievement of the following results:
- Proper review/validation of the supporting documents for payments and financial reports for NEX projects; preparation of all types of vouchers; Pay Cycle and payments execution.
- Timely execution of pay cycle run and validation of payment data.
- Approval of vendors in Atlas.
- Maintenance of the internal expenditures control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in Atlas.
- Timely follow up with COs on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers.
- Maintenance of the Accounts Receivables for country offices and ensures that deposits are created and applied on timely manner, and in accordance with guidelines, rules and regulations.
- Timely and accurate preparation of bank reconciliations in accordance with guidelines, rules and regulations.
- Performs Payroll Administrator functions, which includes the recording of one time/recurring earnings and deductions, proper validation of payroll results for a timely disbursement of salaries as per the monthly payroll calendar.
- Performs timely travel and expense reconciliation
- Ensures proper adherence to Service Level Agreement (SLAs) and contributes to the establishment of a continuous improvement environment. Able to report and bring to Management’s attention on deviation from Service Agreements.
- Facilitation of knowledge building and knowledge sharing
- Provides guidance and training to junior staff and other team members.
- Assist in functions relating Procure-to-Pay lifecycle
- Perform accounting tasks such as record invoice, analyses account payable and monitoring late payments, managing payment batches.
- Analyze payable accounts and monitor aging of invoices
- Assist in recording of general accounting transactions which includes assets, investment, inter-agencies, B2B and cash arrangement.
- Assist with analyzing of accounts and preparation of reconciliations; report aging balances; taking appropriate actions and tracking pending items.
- Assist with attending assets transactions with regards to basic add, assets transfer or disposal, leasehold improvement, intangibles, any adjustment or reclassification of fixed assets transactions.
- Assist in implementation of accounting, closing calendars, audit requirement and year end certifications.
- Process revenue accounting and treasury transactions.
- Examine and record transactions received in bank accounts
- Analyse queries relating to revenue and treasury and provide support to UNDP’s offices worldwide in these areas.
- Contribute to the evolution of services proposed by GSSC, recording its activities, analysing discrepancies, and participating in continuous improvements.
Required Skills and Experience
Important applicant information
All posts in the GS categories are subject to local recruitment.
Applicant information about UNDP rosters
Note: UNDP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
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