UNDP has been in Nigeria since the country became independent in 1960 providing capacity building and policy development support to the Federal Government of Nigeria in areas of Governance & Peace Building, Inclusive growth and Sustainable Development. UNDP continues to support, the government in the preparation of the second National Implementation Plan of the National Vision 20:2020. UNDP works in partnership with the Federal Government of Nigeria, development partners, UN agencies, civil society and local communities to help identify local solutions to meet national development challenges through a range of interventions that combine UNDP’s expertise and comparative advantage in the areas of Governance & Peace Building, Inclusive growth and Sustainable Development.
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Experience: 5 years
- Location: Abuja
- Job Field: Finance / Accounting / Audit
The Finance Assistant works in close collaboration with the Operations, Programme and projects’ staff in the Country Office (CO) and with UNDP HQ and GSSC staff to exchange information and ensure consistent service delivery.
UNDP adopts a portfolio approach to accommodate changing business needs and leverage linkages across interventions to achieve its strategic goals. Therefore, UNDP personnel are expected to work across units, functions, teams, and projects in multidisciplinary teams in order to enhance and enable horizontal collaboration.
Duties And Responsibilities
Support implementation of operational strategies.
- Ensure full compliance of financial processes and financial records with UNDP Programme and Operations Policies and Procedures (POPP) and strategies.
- Provide input to the Finance unit and office management in preparing and reviewing CO business processes mapping and elaboration of the content of internal standard operating procedures in finance in consultation with the direct supervisor and office management.
Support functioning of the optimal cost-recovery system.
- Provide inputs for preparation of cost-recovery and Direct Project Costs (DPC) bills in ERP for the services provided by UNDP, and follow up on cost recovery.
Provide accounting and administrative support to the Finance unit.
- Provide support in ensuring proper control of the supporting documents for payment invoices and proper document management including systematic archiving.
- Prepare financial reports for non-development projects and management funds/budget balance.
- Prepare all types of invoices for projects and on behalf of UNOPS and non-ERP Agencies.
- Maintain a proper filing system for finance records and documents.
- Maintain the internal expenditures control system which ensures that invoices processed are matched and completed; transactions are correctly recorded and posted in ERP; and travel claims and other entitlements are duly processed.
- Provide information on the status of financial resources as required.
- Take timely corrective actions on unposted invoices, including invoices with validation errors, match exceptions, and/or unapproved invoices.
- Manage cash receipts and petty cash.
- Maintain the Accounts Receivables for UNDP projects in ERP.
Ensure proper functioning of CO cash and Treasury management systems.
- Serve as alternate to Finance Associate (ICS-6) for timely review of cash position for local accounts to ensure sufficient funds for disbursements and maintain liquidity level approved by Treasury. Identify and record receipts and create deposits for revenue application on a timely basis.
- Identify and record contributions.
- Prepare timely and accurate bank reconciliations and provide documentation to GSSC according to service level agreement.
- Initiate bank transfers and deals in ERP.
- Support knowledge building and knowledge sharing in the CO.
- Participate in the training for the operations/ projects staff on finance.
- Provide contributions to knowledge networks and communities of practice.
Required Skills and Experience
Education:
- Secondary education with specialized certification in accounting and/or finance. A university degree in finance or accounting is desirable. Part-qualified accountants from an internationally accredited institute of accountancy will have a distinct advantage.
- Candidates with accountancy certification from an internationally accredited institute of accountancy will have a distinct advantage. Candidates without certification but with relevant experience must complete the UNDP Finance Training and Certification Programme (FTCP), if recruited.
Experience:
- 5 years (with high school diploma) or 2 years (with bachelor’s degree) of progressively responsible finance and accounting experience at the national or international level is required.
- Experience in the use of computers and office software packages (MS Word, Excel, etc.) and advanced knowledge of spreadsheets and web-based management systems such as ERP financials and database packages.
- Knowledge of IPSAS and/or IFRS is desired.