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job description - Finance Officer

  • To support the stewardship of WFP’s resources, monitoring budgets, forecasting, analyzing, reporting, and providing core administrative support to enable effective management of funds, and ensure assistance to beneficiaries is undertaken in the most efficient and effective way possible.

Key Accountabilities (not all-inclusive)

  • Support corporate finance and resource management strategies and major ongoing programmatic initiatives, participating where appropriate using finance and resource management expertise.
  • Contribute towards the development of country-specific plans and processes, aligned with Regional and wider WFP strategy, policies and processes to meet the food assistance needs of beneficiaries within the Country.
  • Analyse and report on key data for financial status and outcomes of projects in accordance with corporate governance requirements, ensuring accuracy, deadlines, and accounting processes are complied with.
  • Monitor and analyze budgets for new and ongoing projects according to established corporate procedures and requirements.
  • Perform bank reconciliations, disbursements, clearance of receivables, overall cash management and monthly financial closures on a regular basis in accordance with corporate requirements.
  • Where necessary, deliver core administrative services, working with contractors and following standard processes to provide cost-effective, quality and timely services to WFP staff.
  • Where necessary, undertake basic human resource functions related to staff benefits, recruitment of local staff, and training.
  • Collate and analyze data for the preparation of accurate and timely reporting, in order to provide management with financial, accounting and budgetary information to enable them to make informed decisions.
  • Track and analyse data to identify opportunities for improvements to policies, systems and procedures in order to minimize financial risks, improve the efficiency and effectiveness of operations, and ensure services are aligned with business objectives.
  • Deliver financial controls and insight into WFP performance, undertaking periodic risk and internal control assessments to identify areas that may present potential audit, compliance or financial risks.
  • Guide and supervise more junior staff, acting as a point of referral and supporting them with more complex analyses and queries.
  • Represent unit/CO at internal meetings, external meetings and events with other UN agencies, banks, and other financial institutions, or other partners and entities as required.
  • Follow standard emergency preparedness practices to ensure WFP is able to quickly respond and deploy food and needed resources to affected areas at the onset of the crisis.
  • Other as required.

4Ps Core Organisational Capabilities
Purpose:

  • Understand and communicate the Strategic Objectives: Understands WFP’s Strategic Objectives and the link to own work objectives.
  •  Be a force for positive change: Flexibly adapts individual contributions to accommodate changes in direction from supervisors and internal/external changes (such as evolving needs of beneficiaries, new requirements of partners).
  •  Make the mission inspiring to our team: Recognizes and shares with team members the ways in which individual contributions relate to WFP’s mission.
  •  Make our mission visible in everyday actions: Sets own goals in alignment with WFP’s overall operations, and is able to communicate this link to others.

People:

  • Look for ways to strengthen people's skills: Assesses own strengths and weaknesses to increase self-awareness and includes these in conversations on own developmental needs.
  •  Create an inclusive culture: Participates in open dialogue, and values the diverse opinion of others, regardless of background, culture, experience, or country assignment.
  •  Be a coach & provide constructive feedback: Proactively seeks feedback and coaching to build confidence, and develop and improve individual skills.
  •  Create an “I will”/”We will” spirit: Participates in accomplishing team activities and goals in the face of challenging circumstances.

Performance:

  • Encourage innovation & creative solutions: Shows willingness to explore and experiment with new ideas and approaches in own work.
  •  Focus on getting results: Consistently delivers results within individual scope of work on time, on budget and without errors.
  •  Make commitments and make good on commitments: Commits to upholding individual accountabilities and responsibilities in the face of ever-changing country or functional priorities.
  •  Be Decisive: Makes rational decisions about individual activities when faced with uncertain circumstances, including in times of ambiguity regarding information or manager direction.

Partnership:

  • Connect and share across WFP units: Seeks to understand and adapt to internal or cross-unit teams’ priorities and preferred working styles.
  •  Build strong external partnerships: Demonstrates ability to understand and appropriately respond to and/or escalate needs of external partners.
  •  Be politically agile & adaptable: Portrays an informed and professional demeanor toward internal and external partners and stakeholders.
  •  Be clear about the value WFP brings to partnerships: Provides operational support on analyses and assessments that quantifies and demonstrates WFP’s unique value as a partner.

Standard Minimum Qualifications
Education:

  • Three (3) years of postgraduate professional experience in Finance, Business Administration, Accounting or any related field, or six (6)years of Bachelor's Degree in the same subject(s) with additional years of related work experience.
  • Membership of an internationally recognized professional accountancy body such as the Association of Chartered Certified Accountants (ACCA), Institute of Certified Public Accounts (ICPA) or Institute of Chartered Accountants of Nigeria (ICAN) or its equivalent?
  • Language: Fluency (level C) in English language. 

Functional Capabilities
Internal Controls & Compliance:

  • Utilizes understanding of risk management approaches and internal controls to monitor projects and programs to confirm regulatory compliance and ensure data integrity.

Performance Budgeting, Reporting & Analysis:

  • Manages budget, business planning, and forecasting discussions on a program-wide level, integrating financial resource information from a portfolio of projects to analyze effectiveness and financial viability.

Resources Management (People, time, assets, etc.):

  • Monitors trends in staffing and resource usage to anticipate and escalate potential issues to program leaders.

Financial Management and Accounting Principles:

  • Monitors and advises senior leaders on the financial status of projects and programs, tracking outcomes to ensure transparent and effective utilization of resources.

Supply Chain and Operations Knowledge:

  • Demonstrates thorough understanding of WFP program and financial policies, business processes and applies these in the implementation or support of WFP programme interventions.

Other Specific Job Requirements

  • This section is optional to describe additional responsibilities & knowledge required for the specific job.

Desired Experiences for entry into the Role

  • Has experience reviewing and analyzing financial statements.
  • Has experience implementing accounting and internal control processes.
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About the company

The World Food Programme was found in 1961 and is one of the world's largest humanitarian organization addressing hunger and promoting food security. Their headquarter is currently located in Italy.

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