Finance Officer, NOA
Manage financial resources and support effective fund allocation.
Overview
Manage financial resources and support effective fund allocation.
You have:
- Advanced University degree in Finance, Business Administration, Accounting, or related fields
- Minimum of one or more years of relevant postgraduate professional experience
- Fluent in English
- Has performed basic financial analyses at a national and/or operational level
- Has experience managing financial transactions
- Has working knowledge or familiarity of SAP or other enterprise resource planning systems
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Do you have experience managing financial transactions and performing financial analysis? Are you detail oriented with excellent communication and problem-solving skills? Do you want to work with the world's largest humanitarian organisation? This is your opportunity to join the World Food Programme (WFP).
ABOUT WFP
The United Nations World Food Programme is the world's largest humanitarian agency fighting hunger worldwide. The mission of WFP is to help the world achieve Zero Hunger in our lifetimes. Every day, WFP works worldwide to ensure that no child goes to bed hungry and that the poorest and most vulnerable, particularly women and children, can access the nutritious food they need.
ORGANIZATIONAL CONTEXT
In 2018, WFP re-established its presence in the Caribbean with an office in Barbados. The WFP Caribbean Multi-Country Office (MCO) supports 22 countries and territories across the English- and Dutch-speaking Caribbean. WFP Caribbean’s capacity strengthening programme focuses on vulnerability analysis and mapping; end-to-end supply chain management; shock-responsive social protection; food systems strengthening; and climate risk financing. In times of crisis, WFP works with partners to provide direct assistance when events surpass national and regional capacities by delivering food, cash or voucher assistance, or through emergency logistics or emergency telecommunications service provision.
JOB PURPOSE
To support the stewardship of WFP’s resources, monitoring budgets, forecasting, reporting on key data and providing basic administrative and human resource functions that enable effective management of funds, and ensure assistance to beneficiaries is undertaken in the most efficient and effective way possible.
KEY ACCOUNTABILITIES (not all-inclusive)
1. Maintain awareness of corporate finance and resource management strategies and major ongoing programmatic initiatives, participating where appropriate using finance and resource management expertise. 2. Contribute towards the development of country specific plans and processes, aligned with Regional and wider WFP strategy, policies and processes to meet the food assistance needs of beneficiaries within the Country. 3. Report on key data for financial status and outcomes of projects in accordance with corporate governance requirements, ensuring accuracy, deadlines, and accounting processes are complied with. 4. Monitor budgets, and carry out forecasting for new and ongoing projects according to established corporate procedures and requirements. 5. Perform bank reconciliations, disbursements, clearance of receivables, overall cash management and monthly financial closures on a regular basis in accordance with corporate requirements. 6. Where necessary, deliver core administrative services, working with contractors and following standard processes to provide cost-effective, quality and timely services to WFP staff. 7. Where necessary, undertake basic human resource functions related to staff benefits, recruitment of local staff, and training. 8. Collate data and contribute to preparation of accurate and timely reporting, providing management with financial, staffing and resource usage information to enable them to make informed decisions. 9. Track and collate data to support others to improve policies, systems and procedures in order to minimise financial risks, improve the efficiency and effectiveness of operations, and ensure services are aligned with business objectives. 10. Contribute to the delivery of financial controls and insight into WFP performance, supporting periodic risk and internal control assessments to identify areas which may present potential audit, compliance or financial risks. 11. Guide and supervise more junior staff, acting as a point of referral and supporting them with more complex analysis and queries. 12. Represent unit/CO at internal meetings, external meetings and events with other UN agencies, banks and other financial institutions, or other partners and entities as required. 13. Follow standard emergency preparedness practices to ensure WFP is able to quickly respond and deploy food and needed resources to affected areas at the onset of the crisis. 14. Other as required.
STANDARD MINIMUM QUALIFICATIONS
Education: Advanced University degree in Finance, Business Administration, Accounting, or related fields, or First University degree in the same subject(s) with additional years of related work experience plus membership in an international recognized professional accountancy body such as Association of Chartered Certified Accountants (ACCA), Institute of Certified Public Accounts (ICPA) or equivalent.
Experience: Minimum of one or more years of relevant postgraduate professional experience.
Language: Fluent English
DESIRED EXPERIENCES FOR ENTRY INTO THE ROLE
- Has performed basic financial analyses at a national and/or operational level.
- Has experience managing financial transactions.
- Has working knowledge or familiarity of SAP or other enterprise resource planning systems.
TERMS AND CONDITIONS
Who Can Apply?
- This position is open to nationals of Barbados Only.
Employment Particulars
- Type of position: Fixed Term
- Type of Contact: National Officer – level NOA
- Duration on Contract: 12 months with the possibility of extension, based on organisational requirements.
- Duty Station: Barbados
- Travel Requirements: The WFP Caribbean Office cover the 22 English and Dutch speaking Caribbean countries. The selected candidate may be required to travel from time to time, both regionally and internationally, to support missions, emergency responses, training etc. As such, medical clearance is required.
- Remuneration: The salary for this position can be found in the UN Salaries-General Service and related categories.
DEADLINE FOR APPLICATIONS
- Application should be submitted by February 28, 2022, 23:59 Easter Daylight Time.
- Please note that applications received after the deadline will not be considered and only short-listed qualified candidates will receive an acknowledgement.
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Female applicants and qualified applicants are especially encouraged to apply
All employment decisions are made on the basis of organizational needs, job requirements, merit, and individual qualifications. WFP is committed to providing an inclusive work environment free of sexual exploitation and abuse, all forms of discrimination, any kind of harassment, sexual harassment, and abuse of authority. Therefore, all selected candidates will undergo rigorous reference and background checks.
No appointment under any kind of contract will be offered to members of the UN Advisory Committee on Administrative and Budgetary Questions (ACABQ), International Civil Service Commission (ICSC), FAO Finance Committee, WFP External Auditor, WFP Audit Committee, Joint Inspection Unit (JIU) and other similar bodies within the United Nations system with oversight responsibilities over WFP, both during their service and within three years of ceasing that service.
Potential interview questions
| Can you describe a time when you conducted a financial analysis? | This question assesses your experience and competency in financial analysis. | Provide a specific example highlighting the situation, your actions, and the outcome. |
| How do you ensure accuracy in financial reporting? | The interviewer wants to know your attention to detail and processes for accuracy. | Pro members can see the explanation. |
| Describe a challenging budget you had to manage. What was your approach? | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you handle discrepancies in financial data? | Pro members can see the explanation. | Pro members can see the explanation. |
| What strategies do you use for effective resource management? | Pro members can see the explanation. | Pro members can see the explanation. |