Finance Officer

Job Posting Organization:
The International Labour Organization (ILO) is a specialized agency of the United Nations that aims to promote social justice and fair labor practices. Established in 1919, the ILO has a mission to ensure that labor standards are upheld globally, promoting rights at work, encouraging decent employment opportunities, enhancing social protection, and strengthening dialogue on work-related issues. The ILO operates in over 180 countries and has a diverse workforce that includes professionals from various fields. The organization values diversity and inclusion, actively encouraging applications from women and individuals with disabilities. The ILO is committed to creating a fair and equitable work environment for all its employees.

Job Overview:
The Finance Officer position is crucial for the administration and delivery of financial and procurement services for development cooperation projects implemented by the ILO Country Office for Ukraine. This role involves ensuring the effective and transparent utilization of financial resources, maintaining the integrity of financial services, and delivering these services in an efficient, effective, and client-oriented manner. The Finance Officer will utilize the enterprise resource planning (ERP) system to manage financial operations, prepare budgets, and monitor expenditures. The position requires a proactive approach to financial management, including the analysis and interpretation of finance-related rules and regulations to provide solutions to various financial issues. The Finance Officer will also play a key role in supporting the project manager and collaborating with other finance officers to ensure the smooth operation of financial services within the office.

Duties and Responsibilities:
The Finance Officer will be responsible for a wide range of duties, including administering day-to-day financial operations, ensuring compliance with financial rules and regulations, and maintaining the integrity of financial transactions. Key responsibilities include overseeing the work of finance-related staff, providing substantive support in analyzing and monitoring the financial situation of development cooperation projects, and preparing regular management reports to aid in financial decision-making. The officer will assist in managing financial operations, including accounts payable and receivable, payment approvals, and monthly account closings. Additionally, the Finance Officer will coordinate project budget preparations, review budget submissions, monitor expenditures, and liaise with managers to strengthen budget management. The role also involves supporting the monitoring of project implementation, identifying potential bottlenecks, and recommending corrective measures. The Finance Officer will ensure efficient local banking arrangements, prepare cash flow forecasts, and follow up on audit recommendations. Furthermore, the officer will share knowledge and provide guidance to colleagues, including organizing training on financial matters, and will draft lessons learned and develop standard operating procedures as needed.

Required Qualifications:
Candidates must possess a university degree (Bachelor’s or equivalent) in business management, finance, or a relevant field. A minimum of two years of professional work experience in finance or accounting is required, with experience within the United Nations System being desirable. The position demands a good knowledge of financial and accounting principles, international accounting standards, and methods for assessing process execution quality. Proficiency in PC software, particularly Microsoft Office, is essential, along with strong analytical skills and the ability to communicate effectively both orally and in writing. Candidates should demonstrate collaborative teamwork experience and the ability to work independently while managing competing priorities.

Educational Background:
The educational requirement for this position is a university degree (Bachelor’s or equivalent) in business management, finance, or a field relevant to the job. This educational background is essential for understanding the complexities of financial management and accounting practices necessary for the role.

Experience:
The Finance Officer position requires a minimum of two years of professional work experience in finance or accounting. Candidates with experience within the United Nations System will have an advantage, as they will be familiar with the specific financial regulations and practices that govern the organization. This level of experience is crucial for effectively managing the financial operations of development cooperation projects and ensuring compliance with established financial rules and regulations.

Languages:
Excellent command of English and Ukrainian, both oral and written, is mandatory for this position. Proficiency in these languages is essential for effective communication within the multicultural environment of the ILO and for the preparation of financial reports and documentation.

Additional Notes:
This position is a fixed-term contract for 12 months, with the possibility of extension based on various factors, including the availability of funds and the continuing need for the functions. The entry-level salary for this position is 29,688 USD per year. The ILO values diversity and encourages applications from qualified female candidates and individuals with disabilities. The recruitment process for National Officer positions is subject to specific local recruitment and eligibility criteria. Candidates must complete an online application form, and the ILO does not charge any fees at any stage of the recruitment process.