Finance Officer P3 - WFP - Egypt - Closing Date : 30 January 2017
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KEY ACCOUNTABILITIES (not all-inclusive)
Under the general supervision and guidance of the Country Director, the Finance Officer will be responsible for the following key duties:
- Support corporate finance and resource management strategies by contributing to the development of policies and procedures for COs or HQ based units, participating in key programmatic initiatives, and embedding value for money in these initiatives through advice on financial assessment, reporting and accounting.
- Lead on the implementation of CO finance, budgeting and resource management operations, in order to support the timely and effective supply of food assistance, and comply with WFP standards and processes.
- Carry out regular visits to field operations as appropriate and assist in clarifying and improving proper application of policies and procedures, and prepare comprehensive reports on findings with improvement action plans.
- Lead on the delivery of accurate financial reporting and analyses in accordance with International Public Sector Accounting Standards (IPSAS), ensuring accuracy, deadlines and compliance with accounting processes and corporate governance requirements.
- Provide financial assessment of partners, service providers, and other entities as needed, providing conclusions to management to enable them to make informed decisions and minimize financial risk to the organisation.
- Design, implement, monitor analyse budgets for new and ongoing projects and provide advice on project closure and resource transfer according to the established corporate procedures and requirements.
- Ensure that bank reconciliation, disbursements, clearance of receivables, overall cash management and monthly financial closures are performed regularly and in accordance with corporate requirements.
- Where necessary, manage and deliver administrative services, negotiating contracts and following standard processes to provide cost-effective, quality and timely services to WFP staff.
- Monitor and analyse financial and accounting data, identifying and forecasting trends, anomalies or issues, and proposing solutions to management with regards to: status of budgets, availability of funds, programme effectiveness and financial viability.
- Identify and develop improvements to policies, systems and procedures in order to improve the efficiency and effectiveness of operations, minimise risk, and ensure services are aligned with business objectives.
- Oversee the provision of information on project requirements, pipeline, and resourcing surpluses and shortfalls to management, and provide expert advice on programme effectiveness and financial viability.
- Advise and support Country Office on internal controls for segregation of duties and undertake periodic risk and internal control assessments to identify areas which may present potential audit, compliance or financial risks.
- Supervision of a team of finance staff, establishing priorities and work plans, monitoring progress, and providing coaching, training and guidance to ensure appropriate development and enable high performance.
STANDARD MINIMUM QUALIFICATIONS
Education:
- Advanced University degree in Finance, Business Administration, Accounting or related fields, or First University degree in the same subject(s) with additional years of related work experience plus membership in an international recognised professional accountancy body such as Associated of Chartered Certified Accountants (ACCA), Institute of Certified Public Accounts (ICPA) or equivalent.
Experience:
- At least five years of postgraduate progressively and solid professional experience in finance with great independence, decision making authority, supervision of staff and managing complex budgets
Language:
- Fluency in oral and written English with an intermediate knowledge of another official UN language (Arabic, Chinese, French, Russian and Spanish) or Portuguese (one of WFP’s working languages) is required.
- Fluency in oral and written Arabic is an advantage