Job Description
This is an excellent opportunity to contribute to the financial stability and strategic direction of a leading UN organization. The position offers exposure to a wide range of financial planning and budgeting activities, interaction with senior management, and opportunities for professional development in financial analysis, corporate advisory, and knowledge management.
This role is pivotal in supporting the financial planning and budgeting processes within UNOPS, ensuring alignment with strategic objectives and effective resource allocation. The Finance Specialist will contribute to the development of financial KPIs, analyze financial results, and provide advice to senior management on financial trends and opportunities. The role also involves coordinating finance activities related to the UNOPS Provident Fund and contributing to knowledge management and innovation within the organization.
The Finance Specialist Planning and Budgeting supports the implementation of the bi-annual and annual budgeting cycles, and the general administrative budget management and budgetary position management based on strategy requirements. The role is also responsible for developing organisational analysis on progress towards strategy implementation.
1. Financial planning and budgeting
- Provide input and advice on the organisation-wide processes for bi-annual and annual budgeting, forecasting, target setting and resource allocation.
- Provide input to key assumptions required for the bi-annual and annual budgeting processes.
- Consolidate UNOPS overall bi-annual and annual budget and prepare any related documentation and reporting to internal and external stakeholders.
- Provide input and advice as required to ensure budgets are appropriate and that action plans are established to achieve the necessary financial outputs.
- Monitor and evaluate the implementation of budgets and position tables, highlighting deviations.
- Review funding requests for special purpose activities
- Support the responses to oversight recommendations related to financial planning and budgeting
- Coordinate the finance activities related to UNOPS Provident Fund, including the Provident Fund Committee, supplier relations, financial reporting and response to oversight recommendations
2. Corporate advisory
- Provide advice on the development of financial and non-financial KPIs.
- Review actual financial results to understand key business drivers and variances to budget/forecast and propose corrective action.
- Participate in discussions on the development of UNOPS Strategic Plans and Mid-Term reviews and development results reporting.
- Support in working with the Senior Management to help them better understand financial trends and financial opportunities.
- Support in policy updates and implementation of oversight recommendations and Executive Board decisions
3. Knowledge management and innovation
- Contribute to the development of internal capacity across the organization in terms of business planning.
- Constantly monitor and evaluate policies, procedures, methods, tools and associated systems to ensure its utility, applicability and efficacy.
- Design/approve refinements to processes to maximise the benefits of management information system to enhance efficiency and facilitate organisational/management monitoring, oversight and reporting.
- Lead/organise training events and design/set training agenda to build capacity of stakeholders on business planning.
