The Chief, Finance Branch (FB) is responsible for leading, coordinating and overseeing UNFPA’s global financial management, accounting and reporting activities, establishing the appropriate work priorities and plans for the Branch and leading staff to their accomplishment. The position is based at UNFPA Headquarters in New York, and reports to the Director, Division for Management Services (DMS).
The FB plays a key role in the custody and oversight over the appropriate use of financial resources and the reliability of financial reporting. Its portfolio of activities includes:
a) Management, monitoring and reporting of financial resources and financial performance.
b) Development of financial management policies, procedures, and guidelines and monitoring of compliance therewith.
c) Preparation of statutory financial reports (financial statements and Executive Board reports).
d) Preparation of specialized financial reports (management, system-wide bodies like the Organization from Economic Cooperation and Development and the UN System Chief Executives Board, donors, other stakeholders)
e) Processing and control of transactions and provision of advice, operational guidance, and support to field offices and Headquarters (HQ) units in key financial management and operations areas, including:
- Financial accounting and reporting;
- Treasury management (most treasury management functions are outsourced to UNDP);
- Accounts payable and payments;
- Vendor management;
- Accounts receivable and collections;
- Cash transfers to implementing partners;
- Inventory accounting;
- Trust fund management;
- Donor reporting.
The FB is also actively involved in the UNFPA Information and Communications Technology (ICT) Transformation project, which aims at implementing an integrated and transformational information technology solution, including a new Oracle-cloud based Enterprise Resource Planning (ERP) system providing UNFPA with more effective business processes and better ability and flexibility to respond to evolving user needs.
The role is particularly challenging given the nature of the decentralized organization and because activities are conducted in very challenging environments.
How you can make a difference:
With over 4,500 employees, annual revenue of US dollars 1.3 billion, and assets of US dollars 2.2 billion, UNFPA is the lead UN agency for delivering a world where every pregnancy is wanted, every childbirth is safe and every young person's potential is fulfilled. UNFPA’s new strategic plan (2022-2025), focuses on three transformative results: to end preventable maternal deaths; end unmet need for family planning; and end gender-based violence and harmful practices.
In a world where fundamental human rights are at risk, we need principled and ethical staff, who embody these international norms and standards, and who will defend them courageously and with full conviction.
UNFPA is seeking candidates that transform, inspire, and deliver high impact and sustained results; we need staff who are transparent, exceptional in how they manage the resources entrusted to them, and who commit to deliver excellence in their assigned areas of responsibility.
As Chief, Finance Branch, you will lead, support and oversee a qualified multidisciplinary team of circa twenty-five persons, to enable UNFPA to manage its financial resources and operations effectively and efficiently, ensuring the financial sustainability of the agency, in support of its role as action leader and global champion of reproductive health and rights.
Qualifications and Experience
- Advanced university degree in Finance, Accounting or related fields.
- An internationally recognized professional accountancy designation, together with a bachelor’s degree, will be deemed equivalent to an advanced degree for this position.
Knowledge and Experience:
- At least 15 years of progressive experience in financial management or accounting positions at multinational organizations (with a minimum of 10 years in supervisory roles).
- Deep understanding of financial management and accounting.
- Deep understanding and demonstrated experience in financial accounting and reporting in accordance with International Public Sector Accounting Standards or International Financial Reporting Standards.
- Sound understanding of internal control and risk management frameworks and processes.
- In-depth understanding of financial management and operations processes in the United Nations an advantage.
- In-depth understanding of ERP systems used by UN organizations.
- Sound understanding of the financial management, accounting and reporting functions of ERP systems.
- Experience working with or implementing Oracle Cloud ERP system a significant advantage.
- Experience supporting complex systems implementations a significant advantage.
- Fluency in English required.
- Fluency in French a significant advantage.
- Working knowledge of other official UN languages desirable.