Associate Finance Officer (Accounts)
Provide accounting and reporting activities for USLS under the supervision of the General Manager.
Overview
Provide accounting and reporting activities for USLS under the supervision of the General Manager.
You have:
- Advanced university degree (Masters or equivalent degree) in Accounting, or Business/Management with majors in accounting or with a Certificate in financial accounting.
- A minimum of two (2) years of relevant professional experience in accounting and back-office especially investments confirmations, of which preferably one (1) year acquired at international level.
- Excellent level of English or French and good working level in the other language.
- Good knowledge of IPSAS or IFRS accounting standards applicable to financial instruments and accounting posting rules for financial transactions.
- Proficiency in standard office software (e.g., MS Office, Outlook, Excel) with ability to compile data in spreadsheets including functions.
- Strong organizational, coordination and multitasking skills, with the capacity to manage competing priorities and tight deadlines.
- Excellent analytical and problem-solving abilities, with solid numerical skills, attention to details and commitment to accuracy, quality of work and compliance.
- Ability to draft clearly and concisely and make oral presentations in English and/or in French.
Contract
This is a P-2 contract. This kind of contract is known as Professional and Director staff. It is normally internationally recruited only. It's a staff contract. It usually requires 2 years of experience, depending on education.
Salary
The salary for this job should be between 90,355 USD and 122,724 USD.
Salary for a P-2 contract in Paris
The international rate of 57,661 USD, with an additional 56.7% (post adjustment) at this the location, applies. Please note that depending on the location, a higher post adjustment might still result in a lower purchasing power.Please keep in mind that the salary displayed here is an estimation by UN Talent based on the location and the type of contract. It may vary depending on the organization. The recruiter should be able to inform you about the exact salary range. In case the job description contains another salary information, please refer to this one.
More about P-2 contracts and their salaries.This is a P-1 contract. This kind of contract is known as Professional and Director staff. It is normally internationally recruited only. It's a staff contract. It usually requires 1 years of experience, depending on education.
Salary
The salary for this job should be between 69,877 USD and 96,571 USD.
Salary for a P-1 contract in Paris
The international rate of 44,593 USD, with an additional 56.7% (post adjustment) at this the location, applies. Please note that depending on the location, a higher post adjustment might still result in a lower purchasing power.Please keep in mind that the salary displayed here is an estimation by UN Talent based on the location and the type of contract. It may vary depending on the organization. The recruiter should be able to inform you about the exact salary range. In case the job description contains another salary information, please refer to this one.
More about P-1 contracts and their salaries.**OVERVIEW** ------------ Post Number : FIN 986 Grade : P-1/ P-2 Parent Sector : BUREAU OF FINANCIAL MANAGEMENT Duty Station: Paris Type of contract : Fixed Term Duration of contract : 2 years, renewable Recruitment open to : Internal and external candidates Application Deadline (Midnight Paris Time) : 11-OCT-2025 UNESCO Core Values: Commitment to the Organization, Integrity, Respect for Diversity, Professionalism **OVERVIEW OF THE FUNCTIONS OF THE POST** ----------------------------------------- The UNESCO Staff and Savings and Loan Service (USLS) is an integral part of UNESCO and has been set as a Fund-in-trust of the Organization. Its mission is to offer staff members savings and loan options in a mutualist spirit. The USLS has approximately 3,600 members who are UNESCO staff and retirees, or staff of UN agencies based in Paris. The USLS members can make deposits to their savings accounts up to the limit to their salary or pension amounts and get mortgage and ordinary loans. Under supervision of the General Manager of USLS, the incumbent provides accounting and reporting activities of the unit. The incumbent is responsible for providing a range of services and tasks in the areas of back-office of investments, accounting and financial reporting of all the activities related to USLS. The incumbent ensures that all USLS accounting entries and financial operations/activities are compliant with the applicable UNESCO rules and USLS Rules & Regulations. Long Description ---------------- The incumbent will be in charge of the following main tasks: 1\. Member Services & Pension Processing - Monitor posted members’ withdrawals requests, standing orders and ensure alignment with data registered in the IT system and payment files. - Monitor monthly pension/payroll incoming credits on USLS bank accounts and reconcile with data in related files received from UNESCO Payroll and UN Pension Fund. - Verify accounting postings related to members’ term deposits subscriptions, redemptions and interest payment. - Monitor the posting of annual interest distributions on members’ savings accounts and reserve movements. 2\. Banking & Treasury Operations - Perform USLS bank accounts reconciliations on a daily basis and resolve discrepancies. - Monitor investments related transactions and confirmations, USLS bank account replenishments and cash flows operations. - Post foreign exchange transactions, monitor the postings of interest accruals and payables, related reversals, bank fees and adjustments. 3\. Back-office Functions - Manage investment confirmations in the Treasury Management System. - Handle contractual documentation related to investments. - Reconcile investment/replenishment transactions and promptly resolve discrepancies. - Monitor the posting of investment interest coupons, liaising with counterparties as needed. Long Description ---------------- 4\. Accounting & Internal Controls - Process and analyze general ledger entries, ensuring compliance and accuracy with supporting elements. - Conduct daily/monthly/quarter-end accounting controls and archive supporting documents. - Verify members’ transactions, vendor payments, VAT entries, and related adjustments. - Maintain updated general ledger coding plan and ensure compliance with internal control procedures. 5\. Financial Reporting & Budget Monitoring - Perform month- and quarter-end reconciliations, accruals/reversals/amortization postings. - Update budget monitoring table and alert the General Manager of overspending risk on a budget line. - Prepare draft investment reports and statistical/accounting variance reports. - Ensure alignment between accounting system and Treasury Management System and formalize the month-end related controls. 6\. Annual Accounts Closing & Audit Preparation - Support interim and annual account closure in line with audit requirements, maintain annual closing schedule, monitor assigned tasks and related deadlines. - Prepare IPSAS-compliant draft financial statements (per Fund and consolidated). - Update the tables related to the Notes to financial statements and ensure alignment of the financial statements and notes in both French and English. - Provide the first level information on accounting postings to external auditors and prepare accounting samples and documents for, and respond to questions raised by internal/external auditors as necessary. - Prepare bank circularization letters and promptly track/review banks responses. - Coordinate production of USLS Annual Reports in both languages; proofread reports, verify data/graphs, and liaise with the Document Production Unit. 7\. Other functions - Support discussions on accounting/reporting activities; suggest improvements to procedures, controls, and report presentations. - Undertake reviews of processes to identify areas of improvement in the control environment. Make recommendations and propose any improvements in the areas of responsibility. - Update accounting procedures and reports related to USLS new IT system. Participate in developments and modifications related to the accounting area. - Contribute to improving service provided through knowledge sharing and be prepared to cover colleagues on general assignments if necessary; Provide logistic assistance for the USLS General Assembly and elections. **COMPETENCIES (Core / Managerial)** ------------------------------------ Communication (C) Accountability (C) Innovation (C) Knowledge sharing and continuous improvement (C) Planning and organizing (C) Results focus (C) Teamwork (C) Professionalism (C) **-** ----- For detailed information, please consult the [UNESCO Competency Framework](https://en.unesco.org/sites/default/files/competency_framework_e.pdf). **REQUIRED QUALIFICATIONS** --------------------------- **EDUCATION:** - Advanced university degree (Masters or equivalent degree) in Accounting, or Business/Management with majors in accounting or with a Certificate in financial accounting. **WORK EXPERIENCE:** - A minimum of two (2) years of relevant professional experience in accounting and back-office especially investments confirmations, of which preferably one (1) year acquired at international level. - Proven experience in preparing financial statements and contributing substantively to work related to the preparation of Notes to financial statements. **LANGUAGES:** - Excellent level of English or French and good working level in the other language. Long Description ---------------- **SKILLS & COMPETENCIES REQUIRED:** - Good knowledge of IPSAS or IFRS accounting standards applicable to financial instruments and accounting posting rules for financial transactions. - Proficiency in standard office software (e.g., MS Office, Outlook, Excel) with ability to compile data in spreadsheets including functions. - Strong organizational, coordination and multitasking skills, with the capacity to manage competing priorities and tight deadlines. - Excellent analytical and problem-solving abilities, with solid numerical skills, attention to details and commitment to accuracy, quality of work and compliance. - Ability to draft clearly and concisely and make oral presentations in English and/or in French. - Capacity to work independently, exercise sound judgment and prioritize tasks in alignment with organizational objectives and internal rules and regulations. - Demonstrate flexibility and adaptability in responding to changing priorities and heavy workloads. - High standards of professionalism, integrity and compliance, including adherence to data privacy and confidentiality requirements, combined with tact and diplomacy. - Strong interpersonal and communication skills, team-oriented and culturally sensitive, with the ability to collaborate effectively with diverse internal/external stakeholders including active/retired USLS members. **DESIRABLE QUALIFICATIONS** ---------------------------- **EDUCATION:** - A professional accounting qualification/certification such as CIPFA or equivalent is an asset. **WORK EXPERIENCE:** - Experience in an international organization/institution or in the United Nations system. **SKILLS & COMPETENCIES:** - Knowledge of UNESCO’s general related policies and practices and USLS Rules and Regulations. **LANGUAGES:** - Good knowledge of another working language of the United Nations (Arabic, Chinese, Russian and/or Spanish). **BENEFITS AND ENTITLEMENTS** ----------------------------- UNESCO’s salaries consist of a basic salary and other benefits which may include if applicable: 30 days annual leave, family allowance, medical insurance, pension plan etc. The approximate annual starting salary for this post is 50 377 US $. For full information on benefits and entitlements, please consult our [Guide to Staff Benefits.](https://en.unesco.org/sites/default/files/unesco-staff-compensation-booklet_en.pdf) **SELECTION AND RECRUITMENT PROCESS** ------------------------------------- Please note that all candidates must complete an on-line application and provide complete and accurate information. To apply, please visit the [ UNESCO careers website.](https://careers.unesco.org/careersection/2/joblist.ftl) No modifications can be made to the application submitted. The evaluation of candidates is based on the criteria in the vacancy notice, and may include tests and/or assessments, as well as an interview. UNESCO uses communication technologies such as video or teleconference, e-mail correspondence, etc. for the assessment and evaluation of candidates. Please note that only selected candidates will be further contacted and candidates in the final selection step will be subject to reference checks based on the information provided. **Footer** ---------- *UNESCO recalls that paramount consideration in the appointment of staff members shall be the necessity of securing the highest standards of efficiency, technical competence and integrity. UNESCO applies a zero-tolerance policy against all forms of harassment. UNESCO is committed to achieving and sustaining equitable and diverse geographical distribution, as well as gender parity among its staff members in all categories and at all grades. Furthermore, UNESCO is committed to achieving workforce diversity in terms of gender, nationality and culture. Candidates from non- and under-represented Member States ([last update here](https://www.unesco.org/en/geo-distribution)) are particularly welcome and strongly encouraged to apply. Individuals from minority groups and indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the highest level of confidentiality. Worldwide mobility is required for staff members appointed to international posts.* *UNESCO does not charge a fee at any stage of the recruitment process.* Please note that UNESCO is a non-smoking Organization.
Potential interview questions
| Describe a time when you had to analyze financial data and provide a report. What steps did you take? | This question assesses your analytical and reporting skills in a financial context. | Detail your approach, tools used, and the outcome of your analysis. |
| How do you prioritize tasks when faced with tight deadlines in financial reporting? | The interviewer wants to know your time management and organizational skills. | Pro members can see the explanation. |
| Can you explain your experience with IPSAS or IFRS standards? | Pro members can see the explanation. | Pro members can see the explanation. |
| Tell us about a challenging discrepancy you encountered in accounting and how you resolved it. | Pro members can see the explanation. | Pro members can see the explanation. |
| What experience do you have in working with treasury management systems? | Pro members can see the explanation. | Pro members can see the explanation. |
| Have you ever had to work with external auditors? How did you handle that experience? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a time when you had to prepare a financial statement under strict requirements and deadlines. | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you ensure compliance with accounting procedures and regulations? | Pro members can see the explanation. | Pro members can see the explanation. |