Finance Specialist

United Nations Development Programme

Cairo, Egypt

Experience: 3 to 5 Years

Skill Required: Finance & Accounting

UNDP’s involvement ensures that DEDI benefits from its extensive expertise in sustainable development, youth engagement, and climate action, as well as its established networks with governmental and non-governmental stakeholders. Furthermore, UNDP will support capacity-building efforts, monitoring, and reporting in line with its Results-Based Management (RBM) standards, ensuring that DEDI's activities contribute effectively to the Danish Arab Partnership Programme (DAPP) and Egypt’s green transition agenda.

Responsibilities:

  • Management of DEDI Programme financial resources.
  • Review the DEDI budget and ensure that those are in line with DEDI TOR/DEDI Strategy/Allocation strategy.
  • Prepare monthly, quarterly, and annual financial reports.
  • Perform financial analysis and oversight for all resources of the project.
  • Analyze and monitor financial situation and present forecast to the project management.
  • Plan proper expenditure, tracking and audit of financial resources.
  • Organize and oversee project cashflow and revenue management process.
  • Ensure full compliance of financial activities, financial recording/reporting and audit follow up as per UNDP rules, regulations, policies and strategies.
  • Prepare budget and monitor project expenses in Quantum on a regular basis, report on the project delivery.
  • Ensure that advances and direct payments are properly raised and made on timely basis.
  • Ensure full compliance with UN/UNDP rules, regulations, and policies of financial activities, financial recording/reporting system.
  • Maintain complete sets of books of accounts and financial records on a daily basis following standard accounting principles.
  • Monitor the financial situation, presentation of forecasts for DEDI program, monitoring of financial exception reports for unusual activities, transactions.
  • Ensure financial transactions are authorized, recorded, filed with adequate supporting documentation.
  • Preparation and monitoring of budgets; regular analysis and reporting on the budget approvals and the delivery situation.
  • Provide coordination support in the audit and spot check process in accordance with UN/UNDP rules, regulations, policies and procedures including pre-audit preparations and ensure continuous follow ups on the implementation of audit findings.
  • Ensure implementation of operational and financial management strategies and procedures.
  • Ensure proper control of DEDI accounts.
  • Full compliance of financial activities with UNDP/UN rules and regulation, policies, procedures and strategies; effective implementation of the internal control system.
  • Timely corrective actions on accounting entries.
  • Continuous analysis of corporate financial strategies and policies, assessing the impact of changes and making recommendation on their implementation in the project.
  • Monitor the progress on the procurement processes.
  • Review and report the financial risk management issues, ensure timely accounting and reconciliation of all transactions.
  • Ensure timely financial reporting to the donor.

Requirements:

  • Advanced university degree (master's degree or equivalent) in finance, accountancy, or related field is required.
  • A first-level university degree (bachelor’s degree) in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree. 
  • A professional accounting qualification from an internationally accredited institute of accountancy, and/or Advanced (master’s) University Degree in Finance and/or Accounting is required. Candidates with professional accounting qualifications from an internationally accredited institute of accountancy will have a distinct advantage.
  • Candidates with no professional accountancy qualifications, but with degrees that major in accountancy and/or finance must complete the Finance Training and Certification Programme (FTCP), if recruited.
  • Candidates satisfying the two above criteria are exempted from undertaking the UNDP Advanced Accountancy and Finance Test (AAFT). 
  • Candidates with MBA or master's in finance with no accountancy qualification but with relevant experience must successfully undertake the UNDP Advanced Accountancy and Finance Test (AAFT) to be eligible for shortlisting.
  • Minimum 5 years (with master’s degree) or 7 years (with bachelor’s degree) of relevant experience in providing financial management advisory services, and/or managing staff and operational systems. 
  • Experience in the use of computers and office software packages (MS Word, Excel, etc.), and advanced knowledge of web-based management systems such as ERP financials and database packages.

Source: https://estm.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1/job/28241