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Financial Reporting Specialist

Copenhagen (Denmark)

  • Organization: UNOPS - United Nations Office for Project Services
  • Location: Copenhagen (Denmark)
  • Grade: IICA-2, International Individual Contractors Agreement - Mid level
  • Occupational Groups:
    • Banking and Finance
    • Communication and Public Information
    • Documentation and Information Management
    • External Relations, Partnerships and Resource mobilization
  • Closing Date: 2021-09-17

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Background Information - FG

Finance Group

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, financial policy, practices, analysis,  management services and reporting, organisational treasury and investments, internal control and enterprise risk management.  As the steward of resources of a self-financing UN entity, FG is accountable for processes to ensure 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 UNBOA Relations who provides broad supervision and guidance.  The Financial Reporting Specialist is responsible for efficient financial reporting  and the provision of accurate, thoroughly researched and documented financial information for preparation of the financial statement.  He/she analyzes and interprets the financial rules and regulations and the applicable accounting standards (IPSAS) and provides solutions to a wide spectrum of complex financial issues. The Financial Reporting Specialist supervises support personnel and  promotes a client-oriented approach consistent with UNOPS rules and regulations.

Functional Responsibilities

  1. Corporate financial statements
  2. Financial oversight and monitoring
  3. Internal and external audit coordination
  4. Capacity building / system improvement

1.     CORPORATE FINANCIAL STATEMENTS AND AUDIT

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

  • Prepare quarterly and year end analysis of corporate financial statements for management review.

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

  • Provide expert advice and support in regular book closure and year-end closure process and application of IPSAS

  • 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 a strong control environment around financial reporting and the integrity of data used for preparation of corporate financial statements.. 

  • 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 the UN Board of Auditors, UNOPS Executive Board and UNOPS management.

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

  • Coordinate with external auditors during interim and year end  audit 

  • 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 and increase automation around financial reporting

  • 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.  

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 financial reporting, audit and accounting.
  • A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) is required.
  • Excellent computer skills and ability to use software tools to present data clearly and concisely is a requirement.
  • Knowledge and experience in ERP system developments and process improvements and automation is considered an asset.
  • Ability to constructively challenge the 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: IICA 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 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.


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.
  • UNOPS seeks to reasonably accommodate candidates with special needs, upon request.
  • 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
  • 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.

We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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