Finance Specialist
Process financial transactions in Accounts Payables.
This opening expired 23 days ago.
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Overview
Process financial transactions in Accounts Payables.
You have:
- Secondary School Education
- At least 1 year of relevant experience in the area of Finance.
- Working knowledge (level C) of English
- National of Hungary or resident of the country with valid work permit.
Organizational Setting
The Food and Agriculture Organization of the United Nations (FAO) contributes to the achievement of the 2030 Agenda through the FAO Strategic Framework by supporting the transformation to MORE efficient, inclusive, resilient and sustainable agrifood systems, for better production, better nutrition, a better environment, and a better life, leaving no one behind.
The Shared Services Centre (SSC) recommends and administers process management and procedures that need to be executed effectively; ensures the management of quality assurance activities associated with the transactional processes and implementation of service delivery; continuously improves the satisfaction of its customers, internal or external, while pursuing a continuous improvement agenda that will drive up service excellence while driving down the costs of service delivery through process standardization, process automation and self-service capabilities
This position is located in the FAO Shared Services Centre and based in Budapest, Hungary.
Reporting Lines
The Finance Specialist will report to the National Officer.
Technical Focus
Under the direct supervision of the National Officer the incumbent will be responsible for transaction processing in the area of Accounts Payables.
Tasks and responsibilities
• Run Electronic Fund Transfer payment batches while reviewing transactions, investigating errors, taking corrective actions, deciding on the proper routing • Monitor Returned payments, including review and repair of Banking Instructions and creating Re-payment invoices • Facilitate communication with FAO’s corporate bank in case of payment issues • Create the payment batches and send Agency Service requests to UNDP offices • Follow up regularly on invoices deselected or rejected during the payment process • Actively participate in system improvements • Respond to enquiries through Service Now and Teams regarding invoice processing; • Report to the Supervisor any irregularities, discrepancies from existing regulations regarding unauthorised expenditure or inadequate documentation justifying basis of payment; • Regular follow up of aged AP items • Help the preparation of SOPs • Participate in projects related to system improvements • Perform other duties as required
CANDIDATES WILL BE ASSESSED AGAINST THE FOLLOWING
Minimum Requirements
• Secondary School Education • At least 1 year of relevant experience in the area of Finance. • Working knowledge (level C) of English • National of Hungary or resident of the country with valid work permit.
FAO Core Competencies
• Results Focus • Teamwork • Communication • Building Effective Relationships • Knowledge Sharing and Continuous Improvement
Technical/Functional Skills
• Knowledge of the communication and documentation standards; • Knowledge of another FAO official language (Arabic, Chinese, Russian or Spanish) would be an asset; • Knowledge of the MS Office applications and Oracle ERP application or similar ERP system
Potential interview questions
| Can you describe your experience with Accounts Payables and how you handle discrepancies? | This question assesses your practical experience and problem-solving skills in finance. | Discuss specific instances where you identified and resolved discrepancies. |
| How do you ensure accuracy while processing a high volume of transactions? | The interviewer wants to know your methods for maintaining attention to detail under pressure. | Pro members can see the explanation. |
| Describe a time when you had to explain a complex financial concept to a non-financial audience. | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you stay updated on financial regulations and compliance? | Pro members can see the explanation. | Pro members can see the explanation. |
| What steps do you take to improve processes in your finance role? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe how you handle communication with banks regarding payment issues. | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you prioritize your tasks in a fast-paced work environment? | Pro members can see the explanation. | Pro members can see the explanation. |
| What experience do you have with ERP systems, particularly Oracle? | Pro members can see the explanation. | Pro members can see the explanation. |
Added 1 month ago
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Updated 23 days ago
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Source:
fao.org
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