Finance Analyst

Job Posting Organization:
The United Nations Development Programme (UNDP) is the leading United Nations organization dedicated to combating poverty, inequality, and climate change. Established to support nations in building sustainable solutions, UNDP operates in 170 countries, collaborating with a diverse network of experts and partners. In Pakistan, UNDP works closely with the government, civil society, and local communities to address persistent development challenges. The organization's mission is aligned with the United Nations Sustainable Development Cooperation Framework (2023-2027), focusing on governance, sustainable economic transformation, climate resilience, and gender equality. UNDP's country programme envisions a future where all Pakistani citizens are educated, healthy, and empowered, with a strong emphasis on women's rights and improved governance. More information can be found at undp.org or through their social media channels.

Job Overview:
The Finance Analyst position at UNDP is crucial for ensuring the effective and transparent utilization of financial resources within the Country Office (CO). Reporting to the Operations Advisor, the Finance Analyst is tasked with analyzing financial rules and regulations, providing solutions to complex financial issues, and promoting a client-oriented approach in line with UNDP policies. This role involves close collaboration with various teams, including Operations, Programme, and Project teams, as well as UN agencies and government officials, to enhance the CO's financial performance. The Finance Analyst is expected to implement operational and financial management strategies, ensure compliance with UNDP policies, and contribute to the development of internal controls and financial management systems. Additionally, the role requires continuous monitoring and reporting on the CO's financial situation, identifying potential risks, and preparing forecasts for development and management projects. The Finance Analyst will also be responsible for budget management, ensuring proper control of CO accounts, and facilitating knowledge sharing and capacity development within the organization.

Duties and Responsibilities:
The Finance Analyst's duties include ensuring the effective and transparent utilization of financial resources, analyzing financial rules and regulations, and providing solutions to complex financial issues. Responsibilities encompass implementing operational and financial management strategies, ensuring compliance with UNDP policies, and supporting the closure of audit gaps. The Finance Analyst will monitor financial activities, prepare and review financial reports, and contribute to the development of internal standard operating procedures. Additionally, the role involves managing budgets for development and management projects, ensuring proper control of CO accounts, and preparing timely cash flow forecasts. The Finance Analyst will also be responsible for organizing training sessions for staff on financial management and compliance, synthesizing lessons learned, and contributing to knowledge networks.

Required Qualifications:
Candidates must possess a professional accounting qualification from an internationally accredited institute or an advanced (Master’s) university degree in Finance or Accounting. Alternatively, a first-level university degree (bachelor’s) combined with two years of qualifying experience will be considered. Candidates with professional accounting qualifications will have a distinct advantage. Those without such qualifications but with degrees in accounting or finance must complete the Finance Training and Certification Programme (FTCP) if recruited. Candidates with an MBA or master's in finance without an accounting qualification must undertake the UNDP Advanced Accountancy and Finance Test (AAFT) to be eligible for shortlisting. Experience in financial management services and knowledge of IPSAS or IFRS is required for external candidates.

Educational Background:
The educational background required for the Finance Analyst position includes a professional accounting qualification from an internationally recognized institute or an advanced (Master’s) degree in Finance or Accounting. A first-level university degree (bachelor’s) in combination with relevant experience is also acceptable. Candidates with degrees majoring in accounting or finance must complete the Finance Training and Certification Programme (FTCP) if recruited, while those with an MBA or master's in finance without an accounting qualification must successfully undertake the UNDP Advanced Accountancy and Finance Test (AAFT).

Experience:
The position requires a minimum of two years of relevant professional experience in financial management services for candidates with a bachelor's degree. Applicants with a master's degree are not required to have prior professional work experience. Experience in using office software packages and web-based management systems, such as ERP financials, is essential. Familiarity with IPSAS and/or IFRS is required for external candidates, and experience in financial management within an international organization is preferred. Knowledge of the development sector and UN regulations is also desired.

Languages:
Fluency in English and Urdu is mandatory for this position. Proficiency in additional languages may be considered an asset but is not required.

Additional Notes:
The position is a fixed-term appointment, and all new UNDP fixed-term appointments are subject to a probationary period of 12 months. UNDP reserves the right to select multiple candidates from this vacancy announcement and may retain applications for similar positions at the same grade level. The organization is committed to equal opportunity and diversity, encouraging applicants from all backgrounds to apply. UNDP does not charge any fees during the recruitment process and adheres to strict standards against harassment and discrimination.