Finance Analyst

Job Posting Organization:
The Food and Agriculture Organization of the United Nations (FAO) is an international organization that leads global efforts to defeat hunger and improve nutrition and security" style="border-bottom: 1px dotted #007bff !important;">security" style="border-bottom: 1px dotted #007bff !important;">food security. Established in 1945, FAO works in over 130 countries, employing thousands of staff members dedicated to achieving the 2030 Agenda for Sustainable Development. The organization focuses on transforming agrifood systems to be more efficient, inclusive, resilient, and sustainable, ensuring that no one is left behind. The Shared Services Centre (SSC) within FAO plays a crucial role in managing process management and procedures, ensuring quality assurance in transactional processes, and continuously improving service delivery to enhance customer satisfaction while reducing costs through standardization and automation.

Job Overview:
The Finance Analyst position is integral to the financial operations of the FAO, specifically in delivering financial services to FAO Decentralized Offices. The role involves a variety of financial administration tasks, including bank reconciliation, transaction processing, and ensuring the accuracy of financial data. The Finance Analyst will work closely with the Finance Officer and the Finance Unit team, contributing to the overall efficiency and effectiveness of financial operations within the organization. This position requires a proactive approach to problem-solving and a commitment to continuous improvement in financial processes.

Duties and Responsibilities:
The Finance Analyst will be responsible for a range of duties, including acting as a point of contact for CSF and Decentralized Offices regarding bank reconciliation matters. The role involves performing routine financial administration support, such as calculating, inputting, and verifying financial information, and communicating any discrepancies to supervisors. The Finance Analyst will monitor the workload of the bank reconciliation team, track task progress, and report updates. Additionally, the analyst will verify data accuracy, investigate errors, and take corrective actions as necessary. Other responsibilities include extracting transaction details from the accounting system, participating in continuous improvement initiatives, ensuring smooth processing of invoices and payments, and maintaining standard operating procedures. The analyst will also provide procedural guidance to managers and staff and draft correspondence to respond to queries.

Required Qualifications:
Candidates must possess a minimum of secondary school education and have at least four years of relevant experience in finance, accounting, cash management, or asset management support work. A working knowledge of English at level C is required, and candidates must be nationals of Hungary or residents with a valid work permit. Additionally, candidates should demonstrate core competencies such as results focus, teamwork, communication, building effective relationships, and knowledge sharing.

Educational Background:
The educational background required for this position includes at least a secondary school education. Further qualifications in finance, accounting, or a related field would be advantageous, although not explicitly stated as a requirement.

Experience:
The position requires a minimum of four years of relevant experience in finance, accounting, cash management, or asset management-related support work. This experience should demonstrate the candidate's ability to handle financial transactions and support financial operations effectively.

Languages:
A working knowledge of English at level C is mandatory for this position. Knowledge of another FAO official language, such as Arabic, Chinese, French, Russian, or Spanish, would be considered an asset, enhancing the candidate's qualifications for the role.

Additional Notes:
The job is based in Budapest, Hungary, and candidates must be either nationals or residents with a valid work permit. The position may involve full-time hours, and while specific details regarding contract duration and compensation are not provided, candidates should be prepared for a role that demands a high level of professionalism and commitment to the FAO's mission.