Finance Specialist
Provide financial services and support on FAO liquidity management and banking operations.
Overview
Provide financial services and support on FAO liquidity management and banking operations.
You have:
- Advanced university degree from an institution recognized by the International Association of Universities (IAU)/UNESCO in banking and finance, law, business administration or a related field. Consultants with bachelor`s degree need two additional years of relevant professional experience
- Relevant experience in liquidity management, payments, financial analysis, financial reporting – at least one year for C-level Consultants, five years for B-level Consultants and ten years for A-level Consultants.
- Working knowledge (level C) of English. Limited knowledge (level B) of one of the other FAO languages is desirable.
Organizational Setting
The Finance Division 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; reports the financial status of the Organization and its activities to senior management, the Governing Bodies, and resource partners; and ensures that the processing and recording of receipts and disbursements are timely and made in accordance with established policies and procedures.
The role is based in the Treasury and Banking Unit of the Finance Division. The Treasury and Banking Unit is responsible for ensuring the safekeeping of FAO’s financial assets, its liquidity, funding and correct functioning of its banking network.
Reporting Lines
The Consultant will work under the general supervision of the Head of the Treasury and Banking Unit in the Finance Division.
Technical Focus
Provision of financial services and support on FAO liquidity management and banking operations.
Tasks and responsibilities
• Monitor FAO liquidity and disbursement pattern, liaising with SCC and other CSF units if necessary • Assist with payment activities and check correct funding of accounts • Review banking agreements, fee agreements, operational documents supporting FAO’s banking operations as needed • Liaise with external financial service providers and colleagues dealing with payments and banking operations on behalf of the Treasury and Banking Unit • Prepare ad-hoc financial reporting and reconciliations on Treasury activities • Perform other related tasks that may be assigned by Supervisor.
CANDIDATES WILL BE ASSESSED AGAINST THE FOLLOWING
Minimum Requirements
• Advanced university degree from an institution recognized by the International Association of Universities (IAU)/UNESCO in banking and finance, law, business administration or a related field. Consultants with bachelor`s degree need two additional years of relevant professional experience • Relevant experience in liquidity management, payments, financial analysis, financial reporting– at least one year for C–level Consultants, five years for B–level Consultants and ten years for A-level Consultants.. • Working knowledge (level C) of English. Limited knowledge (level B) of one of the other FAO languages is desirable..
FAO Core Competencies
• Results Focus • Teamwork • Communication • Building Effective Relationships • Knowledge Sharing and Continuous Improvement
Technical/Functional Skills
• Overall level and relevance of experience in liquidity management, payments, financial analysis, financial reporting. • Knowledge and experience of supporting banking networks and related agreements and conditions. • Excellent computer skills and knowledge of banking payment platforms.
Potential interview questions
| Describe your experience with liquidity management and how it relates to our finances. | The interviewer wants to assess your practical knowledge and experience in liquidity management. | Discuss specific experiences you've had, focusing on the outcomes and your role in those projects. |
| How do you ensure accuracy in financial reporting and analysis? | This question evaluates your attention to detail and process in financial tasks. | Pro members can see the explanation. |
| What strategies do you employ when monitoring disbursement patterns? | Pro members can see the explanation. | Pro members can see the explanation. |
| Can you describe a time you had to communicate complex financial information to non-financial stakeholders? | Pro members can see the explanation. | Pro members can see the explanation. |
| What role do you believe teamwork plays in financial management? | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you keep updated with financial regulations and banking practices? | Pro members can see the explanation. | Pro members can see the explanation. |
| Explain your experience with banking agreements and operational documents. | Pro members can see the explanation. | Pro members can see the explanation. |
| What computer skills do you possess that aid you in banking operations? | Pro members can see the explanation. | Pro members can see the explanation. |