Finance Associate

DEADLINE FOR APPLICATIONS

31 August 2024-23:59-GMT+05:30 India Standard Time (Kolkata)

Are you interested in further developing your professional experience while contributing to ending global hunger? Are you passionate about helping those in need? Would you like to join a global organization investing in its people?

If so, an exciting & fulfilling career awaits you Join our diverse and passionate team that works on varied and international projects directly contributing to saving & changing millions of lives around the globe.

ABOUT WFP

The United Nations World Food Programme (WFP), a highly prestigious, reputable & world’s largest humanitarian organization, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

At WFP, people are at the heart of everything we do and the vision of the future WFP workforce is one of diverse, committed, skilled, and high performing teams, selected on merit, operating in a healthy and inclusive work environment, living WFP's values (Integrity, Collaboration, Commitment, Humanity, and Inclusion) and working with partners to save and change the lives of those WFP serves.

To learn more about WFP, visit our website:
WHY JOIN WFP?- WFP is a 2020 Nobel Peace Prize Laureate.- WFP offers a highly inclusive, diverse, and multicultural working environment.- WFP invests in the personal & professional development of its employees through a range of training, accreditation, coaching, mentorship, and other programs as well as through internal mobility opportunities.- A career path in WFP provides an exciting opportunity to work across the various country, regional and global offices around the world, and with passionate colleagues who work tirelessly to ensure that effective humanitarian assistance reaches millions of people across the globe.- We offer an attractive compensation package (please refer to the Terms and Conditions section of this vacancy announcement).

VACANCY DETAILS

Job Title: Finance Associate

Grade: G6

Type of Contract: Fixed Term

Duration: 1 Year (with possible renewable)

Reporting To: Finance Officer

Duty Station: New Delhi

Date of Publication: 09 August 2024

Deadline of Application: 23-Aug -2024

Job Purpose

To coordinate and provide accounting and financial support services involving the recording and interpretation of financial information, internal control compliances, payables management and data analysis to facilitate the efficient functioning of the support services and informed decision-making.

Key Responsibilities

The position reports directly to the Head of Finance (Finance Officer) and will be responsible for the Finance Operations functions are as follows:
1. Provide the procedural and technical support to staff within the areas of finance and budget, to ensure compliance with corporate financial policies, rules and regulations.

2. Support the development and implementation of financial policies and procedures, and assist in setup and implementation of proper accounting procedures, systems and cash controls

3. Monitor account balances and process financial transactions in an accurate and timely manner, to avoid the occurrence of an overdraft.

4. Monitor the centralised Invoice Tracking System (ITS) in order to process all invoices and payments to external suppliers in a timely manner and in accordance with WFP standards.

5. Contribute to the preparation, implementation and monitoring of financial forecasts, to ensure that relevant future funding requirements are met.

6. Contribute to monitoring and evaluation of financial risks and the effectiveness of internal controls. Recommend and participate in process improvement interventions.

7. Analyze financial data to identify trends, anomalies, and areas for improvement, providing insights and recommendations for decision-making.

8. Monitor and analyze books of accounts and balances to ensure achieve timely and corrective action and compliance with corporate policies and regulations.

9. Compile data from the WFP database and systems in order to assist in generating and analyzing financial reports on a monthly basis. Assist in developing external donor financial spending reports.

10. Co-ordinate with other teams in order to ensure that all financial services are being performed efficiently and in line with the needs of the wider team.

11. Coordination with bank for payment and other related official day to day matter

12. Accounting and compliances with GST requirements in close coordination with corporate GST consultant.

13. Payables management including analysis of Vendor, staff payments and managing petty cash accounts to ensure services are delivered consistently and to the required standard.

14. Allocate tasks to other support staff, as required, provide guidance to peers and on-the-job training in management of financial resources.

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