Finance Associate

Job Posting Organization:
The World Food Programme (WFP) is the world’s largest humanitarian organization, dedicated to saving lives in emergencies and using food assistance to build pathways to peace, stability, and prosperity for people recovering from conflict, disasters, and the impacts of climate change. Established in 1961, WFP operates in over 80 countries, employing thousands of staff members who are committed to the mission of alleviating hunger and improving nutrition. WFP's vision is to create a diverse, skilled, and high-performing workforce that operates in an inclusive environment, embodying values such as Integrity, Collaboration, Commitment, Humanity, and Inclusion. The organization has received numerous accolades, including the Nobel Peace Prize in 2020, recognizing its efforts in combating hunger and promoting peace.

Job Overview:
The Finance Associate position at WFP is crucial for ensuring effective financial support services within the organization. This role involves managing various financial processes and activities that require a certain level of interpretation of guidelines and standard practices. The Finance Associate will be responsible for providing transparent and efficient use of financial resources, supporting the financial and administrative functions of the organization. The position requires collaboration with multiple teams, including NGOs and finance departments, to ensure smooth communication and adherence to financial protocols. The Finance Associate will also be involved in training partners on WFP's financial requirements and best practices, thus playing a key role in enhancing the financial literacy of stakeholders involved in WFP's operations.

Duties and Responsibilities:

• Conduct initial reviews and in-depth analyses of assigned Financial Accountability and Compliance Evaluations (FACEs).
• Serve as the main communication point with cooperating partners to address inquiries and request additional information.
• Coordinate with NGO and finance teams to ensure efficient communication.
• Monitor the payment process of FACEs and ensure compliance with established deadlines.
• Generate periodic reports on the status of FACEs, payments, and key performance indicators (KPIs) related to financial management.
• Conduct oversight visits and follow-ups in field offices.
• Develop analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis tools and models to assess partner performance.
• Collaborate with WFP technical teams to create tools that enhance the efficiency and accuracy of FACE reviews.
• Participate in special projects aimed at improving financial processes, including the implementation of new systems or automation of tasks. 1
• Provide training to partners on WFP's financial requirements and reporting best practices. 1
• Manage documentation related to FACEs and maintain an updated database. 1
• Perform other duties as assigned by the supervisor.

Required Qualifications:
Candidates must possess a solid background in accounting or finance, with a completed bachelor's degree and proven experience in financial analysis. Strong communication and problem-solving skills are essential. The ideal candidate should demonstrate the ability to work collaboratively with various teams and manage direct communication with external partners to clarify observations or request additional information. Proficiency in generating financial reports and KPIs, along with the ability to present results clearly to technical or management teams, is also required.

Educational Background:
A minimum standard academic qualification for this position includes a completed bachelor's degree in finance, accounting, or a related field. Candidates should have a strong foundation in financial principles and practices, as well as relevant coursework that supports their analytical skills in finance and accounting.

Experience:
The position requires prior experience working with implementing partners (NGOs or UN agencies) in financial review, report verification, and monitoring disbursements. Candidates should have demonstrated experience in analyzing and tracking financial documents, including implementation plans, budgets, and reconciliations. Experience in budget tracking and financial monitoring of projects is essential, along with the ability to coordinate with multiple teams and manage direct communication with external partners.

Languages:
Fluency in Spanish is mandatory, with advanced proficiency required. Basic knowledge of English is desirable, as it may facilitate communication with international partners and stakeholders.

Additional Notes:
This position is a full-time role based in Caracas, Venezuela. The contract duration and seniority level will be determined based on the candidate's qualifications and experience. WFP is committed to providing an inclusive work environment and encourages applications from individuals with disabilities. The organization offers an attractive compensation package, which will be detailed in the Terms and Conditions section of the vacancy announcement. WFP does not charge any fees during the application process and emphasizes the importance of submitting applications through their online recruiting system.