Job Posting Organization: The Food and Agriculture Organization (FAO) is a specialized agency of the United Nations that leads international efforts to defeat hunger. Established in 1945, FAO has over 194 member countries and works in more than 130 countries worldwide. The organization aims to achieve security" style="border-bottom: 1px dotted #007bff !important;">security" style="border-bottom: 1px dotted #007bff !important;">food security for all and ensure that people have regular access to enough high-quality food to lead active, healthy lives. FAO's mission is to help eliminate hunger, food insecurity, and malnutrition, make agriculture, forestry, and fisheries more productive and sustainable, reduce rural poverty, and enable inclusive and efficient agricultural and food systems.
Job Overview: The Finance Officer (Treasury and Investment) plays a crucial role in supporting the daily operations of the Treasury and Banking Operations Branch within the Finance Division at FAO headquarters. This position is responsible for ensuring that financial services are delivered in accordance with internal policies, UN financial guidelines, and International Public Sector Accounting Standards (IPSAS). The officer will lead and participate in various finance teams, providing financial expertise and supervision to staff. The role involves developing and updating operational frameworks, analyzing financial information for reports, and maintaining effective relationships with banks and financial institutions. The Finance Officer will also oversee compliance and performance of external asset managers and custodians, manage foreign exchange positioning, and ensure proper liquidity in FAO's principal operating currencies.
Duties and Responsibilities: The Finance Officer (Treasury and Investment) will be responsible for a wide range of duties, including leading finance teams, supervising financial reporting and accounting activities, developing operational and policy frameworks, analyzing financial information for various reports, and providing financial advice to managers. Specific functions include participating in the selection and oversight of external asset managers, leading relationships with financial service providers, monitoring cash flow, and ensuring adherence to operational procedures. The officer will also handle day-to-day matters in the absence of the Senior Finance Officer and will be involved in training and capacity development initiatives.
Required Qualifications: Candidates must possess an advanced university degree (Master’s degree or equivalent) in accounting, finance, business administration, or a related field, along with seven years of relevant experience in finance, accounting, or business analysis. Alternatively, a first-level university degree in the same fields with nine years of relevant experience and a professional qualification in accountancy or investment is acceptable. Proficiency in English and intermediate knowledge of another FAO official language is required.
Educational Background: The position requires an advanced university degree (Master’s degree or equivalent) in accounting, finance, business administration, or a related field. A first-level university degree in the same fields is acceptable if accompanied by significant relevant experience and a professional qualification in accountancy or investment.
Experience: Candidates should have a minimum of seven years of relevant experience in finance, accounting, or business analysis, or nine years with a first-level university degree and a professional qualification. Experience in banking, asset management, or treasury management is particularly relevant, and work experience in multiple locations or areas of work is desirable.
Languages: A working knowledge (proficiency - level C) of English is mandatory, along with intermediate knowledge (level B) of another FAO official language, which may include Arabic, Chinese, French, Russian, or Spanish.
Additional Notes: The position is based in Rome, Italy, at FAO headquarters. The role may involve full-time commitment and is likely to include responsibilities that require a high level of expertise and professional qualifications. Candidates should be prepared for potential international recruitment and may be assessed against various competencies such as results focus, teamwork, communication, and knowledge sharing.
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