G5 Finance Business Assistant
2 days ago
Job Description:
Background
The United Nations Development Programme (UNDP) is the global development network of the United Nations system that is on the ground in over 140 countries, with its Headquarters in New York, USA. The Bureau for Management Services (BMS) is a central Bureau tasked with the development of corporate strategies, policies, tools and systems in key cross-cutting management areas. Drawing on sound analytics and a risk-management approach, BMS supports the achievement of development results through management advice, innovative business solutions, and other corporate services in line with international best practices and evolving needs and expectations of development partners. BMS also ensures policy adherence in operations management within UN Rules & Regulations, safeguarding UNDP's accountability vis-vis Member States and other stakeholders.
The Office of Financial Management (OFM) performs a pivotal role within BMS and within UNDP's global finance function, partnering with Bureau and Country Offices. The primary role of OFM is to maintain the financial integrity of UNDP through providing financial leadership, supporting the efficient and effective management of its financial resources, promoting financial sustainability and responsible resource allocation in the context of a fluctuating funding environment. This is accomplished by the development and implementation of sound financial policies and practices, oversight of corporate financial management performance, and flexible scalable support to resource allocation. OFM is a key source of information for the Executive Board, General Assembly, to Partners and wider civil society. It supports transparency through the provision of on time and quality statutory and other financial reports that comply with international standards and regulatory guidelines.
OFM ensures effective and efficient integrated resources management through a continuous and robust process comprising:
- Formulation and implementation of corporate financial and administrative strategies, policies and procedures
- Formulation, alignment, documentation and implementation of UNDP's funding frameworks, assuring their integrity, viability and alignment with the Strategic Plan
- Provision of policy guidance, advisory services and operational support to strengthen client capacities and help them achieve results, seeking to build consensus within UNDP and with key stakeholders on critical budgetary related matters requiring Executive Board legislation
- Administration of the organization's internal control framework, overseeing and monitoring financial management of all global UNDP offices, including through formulation/implementation of resource planning, management and oversight tools and reports
- Promoting clear accountability for financial transactions and producing financial statements, including financial reporting to donors and the UNDP Executive Board.
The Analytics team co-located with UNDP's Global Shared Service Center (GSSC) undertake data mining/extraction and help generate financial and budgetary insights and drive consistent delivery of concise actionable analysis, to enable informed decision making and improve financial performance, whilst ensuring that the resultant reports present a consistent and accurate view. Within this team, this role involves the formulation of business units' reports, through data extraction, standard reports and queries, and ad-hoc analysis. The role will also provide some support to the refinement of functional specifications for ERP and BI system changes.
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