Finance Associate

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Description

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The Finance Associate undertakes high-level and specialized finance-related support activities. He/she leads and coordinates the financial support work of the unit, ensuring the quality, transparency and consistency of processes. The job role requires in-depth knowledge and interpretation of financial policies, procedures and practices. The incumbent provides procedural guidance to managers and staff in the Organization and guides other finance support staff.

Supervision Received:

The Finance Associate reports to a Finance Officer. Work is performed autonomously, showing a high degree of initiative, judgment and liability. Supervision received is focused on facilitating service delivery and on meeting client requirements. The incumbent effectively organizes and supervises other finance support staff and provides relevant guidance and training.

Working Relationships:

The incumbent maintains a wide range of contacts with managers and staff throughout the Organization as well as with colleagues within and outside of core team, providing experienced coordination and delivery of the entire range of finance support processes and services.

Key Functions:

• Review transactions; investigate errors, take corrective actions; reconcile and review accounts and ensure proper clearance procedures.
• Extract details of transactions from the corporate finance and accounting system in order to analyze and verify accuracy and validity.
• Assist in monitoring transactions to ensure they remain within authorized levels.
• Prepare worksheets and assist in preparation of reports by compiling and consolidating data from various sources.
• Participate in continuous improvement efforts by acting as focal person for the analysis, testing and implementation of new financial process automations.
• Ensure smooth processing of electronic payments, returns and payment rejections.
• Liaise with FAO’s corporate banks in case of payment issues.
• Act as an alternate approver review and validate high amount invoices within delegation of authority.
• Draft and prepare correspondence and respond to queries.
• Evaluate ongoing financial support requirements, adapt service provision to meet changing needs and solve operational problems as required.
• Provide procedural guidance to managers and staff; supervise, guide and train other finance support staff.
• Perform other duties as required.

Candidates Will Be Assessed Against The Following:

Minimum Requirements:

Education:

• Secondary School Education.

Experience:

• Five years of relevant experience in finance, accounting and budget-related support work.

Languages:

• Working knowledge (proficiency – level C) of English.

IT Skills:

• Very good knowledge of the MS Office applications, Internet and office technology equipment.

Source: https://jobs.fao.org/careersection/fao_external/jobdetail.ftl?job=2500576

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