Finance Assistant

Job Posting Organization:
The Economic and Social Commission for Asia and the Pacific (ESCAP) is a regional development arm of the United Nations Secretariat, established to promote sustainable and inclusive development and regional connectivity in the Asia-Pacific region. ESCAP supports its member states through policy-oriented research, analysis, and technical assistance to address development priorities and changing needs. The organization operates across multiple countries in the Asia-Pacific region, focusing on enhancing economic and social development.

Job Overview:
The Finance Assistant position is integral to the Financial Operations Unit within the Financial Management & Operational Support Section of the Division of Administration at ESCAP. The incumbent will work under the direct supervision of the Senior Finance Assistant and the overall supervision of the Chief of Financial Operations Unit. The role involves a variety of financial tasks including budget preparation, monitoring expenditures, processing claims, and treasury operations. The Finance Assistant will be expected to assist in the preparation of budget performance reports, ensure compliance with financial regulations, and support the overall financial operations of the unit. This position requires a proactive approach to problem-solving and the ability to work collaboratively with other finance and budget staff.

Duties and Responsibilities:
The Finance Assistant will be responsible for preparing supporting documents for budget proposals, assisting managers with resource requirements, monitoring expenditures against approved budgets, reviewing requisitions for goods and services, and preparing budget performance submissions. The incumbent will also handle claims processing, including payments to third parties and commercial entities, and assist in cash management and investment issues. Additionally, the Finance Assistant will maintain financial databases, ensure data accuracy, and provide guidance and training to other staff members as needed. The role requires keeping up-to-date with relevant financial guidelines and drafting correspondence related to financial matters.

Required Qualifications:
Candidates must possess a high school diploma or equivalent, with a technical or vocational certificate in finance or accounting being required. A first-level university degree in accounting, finance, or a directly related field is desirable. The position requires knowledge of financial rules and regulations within the UN environment, as well as the ability to analyze and interpret financial data. Strong organizational skills and the ability to work under pressure are essential.

Educational Background:
A high school diploma is required, and a first-level university degree may be accepted in lieu of two years of required experience. A technical or vocational certificate in finance or accounting is mandatory, while a first-level university degree in accounting or finance is preferred.

Experience:
A minimum of seven years of progressively responsible experience in finance, accounting, or a directly related field is required. If the candidate holds a first-level university degree, a minimum of five years of experience is acceptable. Experience within the United Nations Common System or similar international organizations is desirable, along with familiarity with IPSAS and ERP systems, particularly in Accounts Payable and Travel Finance.

Languages:
Fluency in English is required for this position, as it is one of the working languages of the United Nations Secretariat. Knowledge of another UN official language is considered an advantage, enhancing the candidate's profile.

Additional Notes:
This position is subject to local recruitment, meaning applicants must be authorized to work in Thailand. The initial appointment is for a period of one year, with the possibility of extension based on satisfactory performance and availability of funds. The United Nations emphasizes the importance of diversity and inclusion in its hiring practices and does not charge any fees during the recruitment process.