Finance Specialist (Record to Report (RtR) Lead)
United Nations Development Programme(UNDP), Kuala Lumpur, Malaysia
Closing Date for Applications:
Duties and Responsibilities
- Reporting to the Chief GSSU, the Finance Specialist (RTR Lead) will manage General ledger accounting, maintaining Standard Operating Procedures that ensure accuracy of general ledger inputs and reconciliations, and prepare accurate reports to support Financial Statements and auditors requests. S/he will administer the organization’s internal control framework for financial accounting, promoting clear accountability for financial transactions and producing reconciled accounts, also reconciled with sub-ledgers;
- Ensure all GL and bank accounts are analyzed, reconciled with sub-ledgers, and validate theses analysis and take corrective actions. Ensure ageing of items is analyzed and that necessary escalations are taking place;
- Manage fixed assets accounting and certification processes: ensure assets are recorded properly, that their life is managed according to principles. Provide guidance for investment planning so that assets are clearly identified and budgeted. Review assets module to ensure proper “capitalization” and “expensing” in compliance with IPSAS. Organize regular physical verifications and reconcile these verification with books, taking corrective actions when necessary;
- Manage cash and investments accounts. Ensure transactions and foreign exchanges effects are recorded according to rules, contribute to the preparation of investment status reports, prepare notes for Financial statements and provide information for auditors’ requests. Investment performance reports will be prepared regularly, as scheduled;
- Implement metrics to monitor the respect of Standard Agreements and engage a continuous improvement trend. Inform clients regularly and on time on progress and issues.
- Advanced (Master’s) University Degree in Finance, Accounting, Business Administration or a relevant discipline or a professional accounting qualification certificate from an internationally recognized institute of accountancy. Those with professional accounting qualification certificate from an internationally recognized institute of accountancy will have a distinct advantage;
- Long-listed candidates will be required to undergo the UNDP Advanced Accountancy & Finance Test.
- Minimum 5 years of relevant experience in treasury and/or financial accounting;
- Experience of IPSAS and/or IFRS is required for external candidates.
- Fluency in English;
- Knowledge of any other UN languages (French/Spanish/Arabic) is a plus.
- Experience in the usage of computers and MS Office packages;
- Advanced knowledge of spreadsheet and database packages;
- Experience in handling of web-based management systems;
- Hands-on experience with Enterprise Resource Planning (ERP), preferably with ATLAS (PeopleSoft) is desirable;
- Experience in Business Process Reengineering method (six Sigma).