Project Accounting & Financial Management Officer (New Delhi)

Project Accounting & Financial Management Officer (New Delhi)

09 Aug
|
United Nations Development Programme
|
New Delhi

09 Aug

United Nations Development Programme

New Delhi

Reporting To1 National Programme Coordinator NPSA 11 Reportee to this position if applicable Finance Analyst NPSA 8 Main Purpose The Project Accounting Financial Management Analyst - Technical Support Unit will work under the overall guidance and supervision of the National Programme Coordinator She He will ensure engagement of all direct stakeholders and delivery of project objectives in coordination with the Department of Agriculture and Farmers Welfare DoA FW Ministry of Agriculture and Farmers Welfare MoA FW when needed Financial Reporting and Compliance Prepare and submit financial reports to the Government of India and other relevant agencies as required Provide financial data and information support for Parliament Questions Committees right to information RTI replies VIP references and Comptroller and Auditor General of India CAG audits Annual Work Plan Preparation Assist in preparing the annual work plan for the Project management unit PMU Regularly update the work plan based on evolving project requirements and progress Audit Report Review and Action Points Review annual audit reports submitted by States implementing agencies and Insurance Companies Provide observations highlight gaps and prepare actionable recommendations Capacity Building and Training Support Identify capacity-building needs at various levels of implementation Support in planning and organizing training programmes for stakeholders Assist in building capacities of implementing partners for effective scheme implementation Financial Statements and Budget Estimates Review and finalize annual financial statements budget estimates and revised estimates Oversee records related to fund receipts from the Government of India and subsidy releases to Insurance Companies Preparation of Programme Financial Statements Prepare programme financial statements and ensure approval from competent government authorities Maintain compliance with all financial reporting standards Strengthening the Accounting System Evaluate the existing accounting and financial management systems Recommend improvements and corrective actions for establishing a robust financial system Identify financial risks affecting project implementation and propose mitigation measures Internal Audit Coordination Assess the requirement for Internal Audit and if necessary initiate hiring of an Internal Auditor from open market sources Coordinate with the Internal Auditor to ensure effective audit processes Implement recommendations from internal audit reports In the absence of an Internal Auditor conduct internal audit activities independently Comptroller and Auditor General of India CAG and Department Audit Coordination Coordinate with the Comptroller and Auditor General of India CAG to facilitate smooth and effective CAG audits Implement recommendations from Comptroller and Auditor General of India CAG audit reports Review audit reports submitted by the compliance Audit CAA of the Department and compile actionable observations for all stakeholders Department States Insurance Companies Subsidy Routing Agencies Banks etc The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization Competencies Core competencies Achieve Results LEVEL 2 Scale up solutions and simplifies processes balances speed and accuracy in doing work Think Innovatively LEVEL 2 Offer new ideas open to new approaches demonstrate systemic integrated thinking Learn Continuously LEVEL 2 Go outside comfort zone learn from others and support their learning Adapt with Agility LEVEL 2 Adapt processes approaches to new situations involve others in change process Act with Determination LEVEL 2 Able to persevere and deal with multiple sources of pressure simultaneously Engage and Partner LEVEL 2 Is facilitator integrator bring people together build maintain coalitions partnerships Enable Diversity and Inclusion LEVEL 2 Facilitate conversations to bridge differences considers in decision making People Management UNDP People Management Competencies can be found in the dedicated Cross-Functional Technical competencies Finance Audit risk management Ability to address audit issues raised in the course of an audit and propose solutions in order to ensure a true and fair audit opinion is achieved Finance business partnering Able to support business units and add value by innovating and providing solutions to financial issues queries including through FAQs financial tools advisory etc Influences and appropriately challenges non-finance colleagues for whom the service is being provided Understands the operations opportunities and challenges of the organization Holds a commercial outlook demonstrating accountability towards organizational goals Financial reporting and analysis Understands changes in regulatory legal and ethical frameworks and standards for financial reporting in the public sector Ability to extract evaluate financial data derive relevant findings and present them in a meaningful and coherent manner to facilitate effective decision making and performance monitoring Understands the benefits of integrated reporting including non-financial resources such as human social and intellectual capital and environmental and governance performance Financial risk management Ensures financial resilience through proactive assessment of risk implementation of controls and taking mitigating action Understands risk and reward in relation to collaborative and commercial projects Ensures a culture of positive risk management Business Management System Thinking Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system and to consider how altering one element can impact on other parts of the system Results-based Management Ability to manage the implementation of strategies programmes and projects with a focus at improved performance and demonstrable results Knowledge and understanding of relevant theories concepts methodologies instruments and tools Project Management Abilit to plan organize prioritize and control resources procedures and protocols to achieve specific goals Required Skills and Experience Education A professional accounting qualification from an internationally accredited institute of accountancy and or Advanced Masters University Degree in Finance and or Accounting is required Or a first-level university degree bachelor s degree in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree Candidates with professional accounting qualifications from an internationally accredited institute of accountancy will have a distinct advantage Candidates with no professional accountancy qualifications but with degrees that major in accountancy and or finance must complete the Finance Training and Certification Programme FTCP if recruited Candidates satisfying the two above criteria are exempted from undertaking the UNDP Advanced Accountancy and Finance Test AAFT Candidates with MBA or master s in finance with no accountancy qualification but with relevant experience must successfully undertake the UNDP Advanced Accountancy and Finance Test AAFT to be eligible for shortlisting Experience Minimum of 2 years with master s degree or 4 years with bachelor s degree of relevant experience finance and accounting and Experience of working with Central and or State Governments national international public private organisations on similar assignments will be required Required skills Advise on accounting systems and policies to promote optimal and soundest use of financial resources advise business units on financial management and promote awareness of financial management dimensions to business activities Demonstrates substantive and technical knowledge to meet responsibilities and requirements of the post with excellence Desired skills in addition to the competencies covered in the Competencies section Experience in the field Accounting and Financial management with capacity to function independently with minimum supervision Experience in the legal and regulatory setting in the insurance sector Chartered Accountant CA from Institute of Chartered Accountants of India ICAI will be preferred Experience connecting with a wide range of stakeholders - insurance agencies insurance regulators state agencies etc Required Language s Fluency in English and Hindi is required Equal opportunity As an equal opportunity employer UNDP values diversity as an expression of the multiplicity of nations and cultures where we operate and as such we encourage qualified applicants from all backgrounds to apply for roles in the organization Our employment decisions are based on merit and suitability for the role without discrimination UNDP is also committed to creating an inclusive workplace where all personnel are empowered to contribute to our mission are valued can thrive and benefit from career opportunities that are open to all Sexual harassment exploitation and abuse of authority UNDP does not tolerate harassment sexual harassment exploitation discrimination and abuse of authority All selected candidates therefore undergo relevant checks and are expected to adhere to the respective standards and principles Right to select multiple candidates UNDP reserves the right to select one or more candidates from this vacancy announcement We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description experience and educational requirements Scam alert UNDP does not charge a fee at any stage of its recruitment process For further information please see www undp org scam-alert

📌 Project Accounting & Financial Management Officer (New Delhi)
🏢 United Nations Development Programme
📍 New Delhi

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