Finance Officer (Credit Union)
Provide financial services and reporting to support FAO Credit Union functions.
This opening expired 1 year ago.
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Overview
Provide financial services and reporting to support FAO Credit Union functions.
You have:
- Advanced university degree in accounting, finance, business administration or a related field and five years of relevant experience in similar fields.
- First level university degree in accounting, finance, business administration or related field and seven years of relevant experience in similar fields.
- Completion of a professional qualification in accountancy (CA, CPA, ACCA) or the investment profession (CFA).
- Working knowledge (full proficiency - level C) of English.
- Intermediate knowledge (intermediate proficiency - level B) of another FAO official language (Arabic, Chinese, French, Russian or Spanish).
Organizational Setting
The Finance Division (CSF) recommends and administers financial policies and procedures that meet the highest professional standards; keeps accounts that accurately record financial activities and meet the requirements of internal and external audits; prepares reports to accurately portray the financial status of the Organization and its activities; ensures that the Organization's financial resources are securely kept and productively employed while in FAO's custody; oversees financial operations wherever performed in the Organization; and ensures that all disbursements are timely and made in accordance with established policies and procedures. The post is located in the FAO Credit Union (CSFU) within the Finance Division (CSF) at FAO headquarters in Rome, Italy.
Reporting Lines
The Finance Officer (Credit Union) reports to the Credit Union Manager (CSFU).
Technical Focus
Collection and analysis of financial information to support the delivery of various financial services/activities.
Key Results
Financial services and related assistance in accordance with internal policies, UN financial guidelines, International Public Sector Accounting Standards (IPSAS) and US General Accepted Accounting Principles (US GAAP).
Key Functions
• Provides financial reporting, general accounting, project accounting and/or investment related services in accordance with FAO policies and regulatory framework. • Collects and analyses financial information for inclusion in statutory and/or management reports, financial statements and/or reports to the Board of Directors. • Contributes to updating financial policies and related tools, systems, technologies and related procedures. • Responds to requests for assistance from managers and staff at headquarters and Decentralized Offices. • Exchanges and/or provides information to banks, other financial institutions and provides information/clarification to auditors. • Participates in the development of training and related training materials and promotes best practices and capacity development at headquarters and Decentralized Offices. • Participates in Finance Division teams, leads working groups and/or collaborates with other offices on short-term assignments.
Specific Functions
• Monitors and ensures front office daily operations when required. • Contributes and takes responsibility for all monthly, quarterly and yearly batch processes.
______________________________________________________________________________________________________ CANDIDATES WILL BE ASSESSED AGAINST THE FOLLOWING
Minimum Requirements
• Advanced university degree in accounting, finance, business administration or a related field and five years of relevant experience in similar fields; OR a first level university degree in accounting, finance, business administration or related field and seven years of relevant experience in similar fields and completion of a professional qualification in accountancy (Chartered Accountant [CA], Certified Public Accountant [CPA], Association of Chartered Certified Accountants [ACCA]) or the investment profession (Chartered Financial Analyst [CFA]). • Working knowledge (full proficiency - level C) of English and intermediate knowledge (intermediate proficiency - level B) of another FAO official language (Arabic, Chinese, French, Russian or Spanish).
Competencies
• Results Focus • Teamwork • Communication • Building Effective Relationships • Knowledge Sharing and Continuous Improvement
Technical/Functional Skills
• Extent and relevance of experience in accounting and in managing accounting functions. • Excellent computer skills and ability to analyze problems and develop effective, practical solutions. • Extent and relevance of experience in the system development of accounting and financial applications, particularly Oracle Financials. • Work experience in more than one location or area of work, particularly in field positions.
Potential interview questions
| Can you describe a challenging financial reporting situation you encountered and how you resolved it? | The interviewer wants to see how you handle difficult scenarios in financial reporting. | Provide a specific example detailing the challenge and the steps you took to address it. |
| How do you ensure compliance with international financial standards in your work? | This question assesses your knowledge of financial regulations and compliance. | Pro members can see the explanation. |
| Describe a time when you had to work with multiple stakeholders to achieve a financial goal. | Pro members can see the explanation. | Pro members can see the explanation. |
| What methods do you use for analyzing financial data and making recommendations? | Pro members can see the explanation. | Pro members can see the explanation. |
| Can you give an example of how you've contributed to improving financial policies in your previous roles? | Pro members can see the explanation. | Pro members can see the explanation. |
Added 1 year ago
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Updated 1 year ago
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Source:
fao.org
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