Finance Specialist – Treasury & Banking

Job title:

Finance Specialist – Treasury & Banking

Company:

UNOPS

Job description

UNOPS mission is to help people build better lives and countries achieve sustainable development. UNOPS provides its partners with advisory, implementation and transactional services, with projects ranging from building schools and hospitals, to procuring goods and services and training local personnel. UNOPS works closely with governments and communities to ensure increasedeconomic, social and environmental sustainability for the projects we support, with a focus on developing national capacity. UNOPS vision is a world where people can live full lives supported by appropriate, sustainable and resilient infrastructure, and by the efficient and transparent use of public resources in procurement and project management. With over 8,000 personnel spread across 80 countries, UNOPS offers its partners the logistical, technical and management knowledge they need, where they need it. By implementing around 1,000 projects for our partners at any given time, UNOPS makes significant contributions to results on the ground, often in the most challenging environments.The Finance Group (FG) is a critical and strategic business function in UNOPS and serves as an authoritative and integrated partner in the organization on strategic financial planning and budgeting, business strategy and practices, financial analysis and risk assessment, financial management services and long term organisational treasury and investments. As the steward of resources of a self-financing UN entity, FG is accountable for timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management of resources in accordance with the highest standards of ethics and organisational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.
The Finance Specialist – Treasury & Banking reports to the Head of Treasury & Investment Management. The role is responsible for the management of UNOPS Global Banking platform, global cash management operations, liquidity planning, and investment and FX operations.The results of this process may also be used to fill potential short-term, retainer, or home-based positions in the future, should such organizational needs arise.Summary of functions: Banking & Cash Management Liquidity & Inv…Summary of functions:

• Banking & Cash Management
• Liquidity & Investment Management
• Treasury Systems & Tools
• Knowledge management and innovation

1. Banking

• Manage daily, weekly, monthly, and quarterly cash positioning and liquidity planning across UNOPS global bank accounts in all currencies.
• Support the cash flow forecasting process of UNOPS corporate and field accounts, aiming to continuously improve the accuracy of the reporting by liaising with global field based business units.
• Manage the establishment and maintenance of UNOPS bank accounts including opening, closing of accounts, and managing signatory panels.
• Support and report on the allocation of all banking fees for UNOPS accounts globally ensuring reconciliation and attribution of fees to other business units where required.
• Manage business requirements of banking and cash management services in the ERP and the TMS.
• Manage daily funding operations in the TMS for UNOPS cash management requirements, including management of the liquidity portfolio vis-a-vis liquidity deficits or liquidity surpluses.
• Manage treasury relationship with global field offices and project management colleagues relating to banking and cash management solutions in the field

2. Liquidity & Investment Management

• Perform close monitoring of UNOPS Fx exposures globally, ensuring FX exposures are properly hedged and reported upon, and cross currency needs are adequately funded.
• Process foreign currency and interest rate transactions in line with UNOPS Treasury policy using best execution methods.
• Manage reporting on a monthly basis of Treasury Operations (Dashboard reporting to UNOPS CFO).
• Support head of treasury with development of investment reports and related matters for the Investment Committee (IC).
• Prepare the reconciliation of cash positions.
• Contribute to the year-end closure process and in the preparation of the year end financial statements for assigned areas.
• Assist in the preparation of year-end audit letters to ensure bank balances and transactions are properly audited.
• Manage month and quarter end treasury process with global custodian.

3. Treasury Systems & Tools

• Continuously strive to implement systems, solutions, tools and functionality with UNOPS Treasury systems, including the ERP, TMS and Global Custodian Platform.
• Management of banking and cash management functionality in TMS, including management of users, static data, and connectivity of bank accounts and execution platforms.

4. Knowledge management and innovation

• Contribute to the development and introduction of innovation to ensure UNOPS is continually incorporating best practice approaches into financial services.
• Contribute to the dissemination and sharing of best practices and lessons learned for corporate development planning and knowledge building.
• Plan, implement and organise capacity building of personnel, clients and stakeholders.
• Support UNOPS in facilitating an efficient framework on the dissemination and sharing of best practices so that knowledge is utilised to the most extent possible.

Impact of Results
The Finance Specialist – Treasury Solutions enables enhanced use of treasury technology and treasury innocations in the best interest of UNOPS treasury operations with effective project and stakeholder management activities, hence gradually facilitating technological advancements at UNOPS, as well as project cash management operations globally for all UNOPS offices.Develops and implements sustainable business strategies, thinks long term and ex…Develops and implements sustainable business strategies, thinks long term and externally in order to positively shape the organization. Anticipates and perceives the impact and implications of future decisions and activities on other parts of the organization.
Treats all individuals with respect; responds sensitively to differences and encourages others to do the same. Upholds organizational and ethical norms. Maintains high standards of trustworthiness. Role model for diversity and inclusion.

Acts as a positive role model contributing to the team spirit. Collaborates and supports the development of others.Demonstrates understanding of the impact of own role on all partners and always puts the end beneficiary first. Builds and maintains strong external relationships and is a competent partner for others (if relevant to the role).
Efficiently establishes an appropriate course of action for self and/or others to accomplish a goal. Actions lead to total task accomplishment through concern for quality in all areas. Sees opportunities and takes the initiative to act on them. Understands that responsible use of resources maximizes our impact on our beneficiaries.
Open to change and flexible in a fast paced environment. Effectively adapts own approach to suit changing circumstances or requirements. Reflects on experiences and modifies own behavior. Performance is consistent, even under pressure. Always pursues continuous improvements.
Evaluates data and courses of action to reach logical, pragmatic decisions. Takes an unbiased, rational approach with calculated risks. Applies innovation and creativity to problem-solving.
Expresses ideas or facts in a clear, concise and open manner. Communication indicates a consideration for the feelings and needs of others. Actively listens and proactively shares knowledge. Handles conflict effectively, by overcoming differences of opinion and finding common ground.Education: A Masters degree in finance, business administration, econo…Education:

• A Masters degree in finance, business administration, economics or other related field is required.
• A first-level university degree (Bachelor’s degree or equivalent) with a minimum of two (2) additional years of relevant work experience may be accepted in lieu of the advanced university degree
• Appropriate professional accreditation or qualification in Treasury is highly desirable.
• Membership in an internationally recognized Treasury body would be an advantage.
• Treasury system certification would be a further advantage, particularly for the current TMS provider (Kyriba)

Experience:

• A minimum of 5 years of progressively responsible experience in treasury, banking and cash management with a strong focus cashflow forecast, liquidity management, and payments is required.
• Broad knowledge and understanding of surrounding Treasury technology (e.g., trading platforms, payment connections) and implementation experience are essential.
• Treasury Transformation experience is strong asset
• Strong business analysis, understanding and stakeholder management skills are preferred.

Language requirements:

• Full working knowledge of English.
• Knowledge of another official UN language is an asset.

Contract type: ICA (Individual Contractor Agreement) Contract level: I-ICA 2 Con…Contract type: ICA (Individual Contractor Agreement)
Contract level: I-ICA 2
Contract duration: Open-ended, subject to organizational requirements, availability of funds and satisfactory performance. The results of this process may also be used to fill potential short-term, retainer, or home-based positions in the future, should such organizational needs arise.
For more details about the ICA contractual modality, please follow this link:Please note that UNOPS does not accept unsolicited resumes. Applic…Please note that UNOPS does not accept unsolicited resumes.Applications received after the closing date will not be considered.Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures, languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce.Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.We would like to ensure all candidates perform at their best during the assessment process. If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.Terms and ConditionsFor staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post.For retainer contracts, you must complete a few Mandatory Courses (they take around 4 hours to complete) in your own time, before providing services to UNOPS. For more information on a retainer contract .All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.

Expected salary

Location

København

Job date

Wed, 05 Jun 2024 22:35:29 GMT

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