Project Finance Associate

United Nations Development Programme (UNDP)

Oct 29, 2024

Applications are closed

Job
Full-time
Mid & Senior Level
Delhi

Requirements

Bachelor's Degree - 3 year(s) experience OR High School certificate- 6 year(s) experience
Strong oral and written communication skills in English
Secondary education is required OR A university degree (bachelor’s degree) in professional accounting or related field will be given due consideration, but it is not a requirement.
Educational certificate from an internationally accredited institute for accountancy is a distinct advantage.
Minimum of 6 years of relevant experience with secondary education or 3 years with bachelor’s degree in accounting, finance, or project coordination/implementation
Experience in the usage of digital finance solutions and software packages, and advanced knowledge of data management and systems.
Knowledge of Atlas/Quantum is a strong asset.
Proven skills of Financial Reports preparation.
Excellent interpersonal, networking and team building skills
Understanding of MoAs and Utilisation certificates
Experience collaborating with government agencies, international organizations, and community leaders
Knowledge of UN regulations, rules, and procedures
ACCA is desirable, Qualified candidates may be required to undergo the UNDP Accounting and Finance Test (AFT).
Strong oral and written communication skills in English

Responsibilities

Contribute to timely day-to-day financial operations of the Project in close coordination with UNDP CO Finance Team, Regional Clusters and Project Operations Analyst.
Support in managing project finances, process invoices and ensure tax exemption for project related goods and services.
Assist all necessary financial disbursements for goods and services in a timely manner.
Facilitate tracking of budget and expenditures pertaining to different partnering states under Memorandum of Agreements including preparation of statement of expenditures, utilization certificates, etc.
Provide timely guidance and support to the Regional Cluster Operations Assistants on routine UNDP operational procedures and guidelines for implementation of projects.
Assist project management in performing budget cycle: planning, preparation, revisions, and budget execution.
Financial support for workshops, field trips, and other project related activities.
Participate in the preparation of work plans, operation plans and procurement plans and periodical reviews thereof.
Provide support in quality control of project activities, including assessing impact and effectiveness, tracking outputs and results, and ensure timely and efficient delivery.
Provide support in regular monitoring and data collection of project activities in accordance with work-plan.
Contribute to HSS project team in drafting quarterly and yearly project progress reports concerning financial issues including Ministry of Health and Family Welfare, Donors, etc. in compliance with reporting needs and procedures.
Contribute to assistance to partner agencies involved in project activities, performing and monitoring financial aspects to ensure compliance with budgeted costs in line with UNDP policies and procedures.
Monitor project expenditures, ensuring that no expenditure is incurred before it has been authorized.
Perform preparatory work for mandatory and general budget revisions, annual physical inventory; and assist external evaluators in fulfilling their mission.
Ensure that all project financial activities are carried out on schedule and within budget to achieve the project outputs.
Support the Project Manager and Project Operation Analyst on audit and follow up action.
Ensure full compliance of activities with UNDP rules, regulations, and policies.

FAQs

What is the location of the Project Finance Associate position?

The position is located in New Delhi, India.

What is the deadline for applications?

The application deadline is November 12, 2024, at 12:29 PM.

What is the contract duration for this role?

The contract duration for this role is 1 year.

What type of educational qualifications are required for the position?

A Bachelor's Degree with 3 years of experience or a High School certificate with 6 years of experience is required. Candidates with professional accounting qualifications may also be considered.

What languages are required for this job?

Strong oral and written communication skills in English are required.

What type of agreement is this position associated with?

This position is associated with the National Personnel Service Agreement (NPSA).

Can you describe the duties and responsibilities of this role?

The role includes managing project finances, processing invoices, ensuring tax exemption for project-related goods and services, tracking budget expenditures, providing support for project activities, and preparing financial reports, among other responsibilities.

Is prior experience with the UNDP or similar organizations preferred?

Yes, experience collaborating with government agencies, international organizations, and community leaders, as well as knowledge of UN regulations, rules, and procedures, is considered advantageous.

What kind of skills are desired for this position?

Desired skills include understanding of Memoranda of Agreements (MoAs) and Utilisation certificates, and experience with digital finance solutions and software packages.

Are candidates required to undergo testing as part of the selection process?

Qualified candidates may be required to undergo the UNDP Accounting and Finance Test (AFT).

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Mission & Purpose

The United Nations Development Programme works in nearly 170 countries and territories, helping to achieve the eradication of poverty, and the reduction of inequalities and exclusion. We help countries to develop policies, leadership skills, partnering abilities, institutional capabilities and build resilience in order to sustain development results. DISCLAIMER: The United Nations Development Programme (UNDP) does not guarantee the truthfulness, accuracy, or validity of any comments posted to its social media outlets (blogs, social networks, message boards/forums, etc.). Users must not post any content that is obscene, defamatory, profane, libelous, threatening, harassing, abusive, hateful or embarrassing to any person or entity. UNDP reserves the right to delete or edit any comments that it considers inappropriate or unacceptable, and to delete off-topic comments in order to foster conversations about the topics shared on this page.