Senior Finance Associate

WFP

JOB PURPOSE:

To support planning and coordinate the delivery of finance, budget and administration support services, and supervise and provide guidance to a team of staff ensuring transparent and efficient utilization of financial resources.

KEY RESPONSIBILITIES (not all-inclusive, nor exhaustive):

• Act as an escalation point in providing procedural and technical support to staff within the areas of finance and budget, to ensure compliance with WFP financial policies, rules and regulations.
• Participate in the development and implementation of financial policies and procedures, interpret and assess the impact of changes and make recommendations on follow up actions, to support setup and implementation of proper accounting procedures, systems and internal controls.
• Contribute to the improvement of internal processes, enhancement of corporate systems and design of tools, to support transparent and efficient utilization of financial resources.
• Monitor the daily cash position in order to optimize the use of surplus cash and maximize returns on investment through the liquidity portfolio.
• Ensure that payments are processed in a timely manner, resolve complex issues relating to the disbursement or replenishment of funds in line with WFP rules and regulations.
• Contribute to the preparation, implementation and monitoring of budgets, monitor expenditure and budget forecasts, to ensure that relevant future funding requirements are met.
• Co-ordinate with other teams in order to ensure that all financial and administrative services are being performed efficiently and in line with the needs of the wider team.
• Monitor account balances and oversee the recording of financial transactions in an accurate and timely manner to avoid the occurrence of an overdraft.
• Monitor, control and analyse general ledger accounts in order to initiate and achieve corrective actions.
• Prepare and analyse financial and statistical reports based on the established frequency and provide recommendations for further actions to the Finance Officer or other staff, to facilitate informed decision-making.
• Co-ordinate and supervise work of other support staff and support their learning and development in management of financial resources (e.g. managing the petty cash/sub imprest account, review and analyse vendor and balance sheet accounts, etc.), to ensure services are delivered consistently and to the required standards.
• Remain on stand-by at all times and follow standard emergency preparedness practices in order to meet immediate emergency requirements for further service on job and in the field.

QUALIFICATIONS AND EXPERIENCE:

Education: Completion of secondary school education. A post-secondary certificate in the related functional area.

Experience:

• Seven years of progressively work experience, a minimum of 6 years in finance and 1 year in any other field but preferably in the finance field.
• Has experience analyzing, interpreting data and generating reports.
• Has experience managing financial transactions.

Knowledge and Skills:

• Strong skills in financial analysis, budgeting, forecasting, and variance analysis
• Proficient in corporate ERP systems and financial reporting tools
• Clear written and verbal communication, especially for financial guidance and reporting
• Ability to guide, coach, and supervise junior finance staff
• Advanced skills in Excel and data analysis
• Strong collaboration and client service orientation