Job Description - Finance Officer (Credit Union) (2403286) Job Posting: 23/Oct/2024
Closure Date: 13/Nov/2024, 10:59:00 PM
Organizational Unit: CSF
Job Type: Staff position
Primary Location: Italy-Rome
Duration: Fixed-term: one year with possibility of extension
Post Number: 2004238
CCOG Code: 1A01
IMPORTANT NOTICE: Please note that Closure Date and Time displayed above are based on the date and time settings of your personal device.
The length of appointment for internal FAO candidates will be established in accordance with applicable policies pertaining to the extension of appointments.
FAO is committed to achieving workforce diversity in terms of gender, nationality, background and culture.
Qualified female applicants, qualified nationals of non-and under-represented Members and persons with disabilities are encouraged to apply.
Everyone who works for FAO is required to adhere to the highest standards of integrity and professional conduct, and to uphold FAO's values.
FAO, as a Specialized Agency of the United Nations, has a zero-tolerance policy for conduct that is incompatible with its status, objectives and mandate, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination.
All selected candidates will undergo rigorous reference and background checks.
All applications will be treated with the strictest confidentiality.
FAO staff are subject to the authority of the Director-General, who may assign them to any of the activities or offices of the Organization.
Organizational Setting
The Finance Division (CSF) recommends and administers financial policies and procedures that meet the highest professional standards; keeps accounts that accurately record financial activities and meet the requirements of internal and external audits; prepares reports to accurately portray the financial status of the Organization and its activities; ensures that the Organization's financial resources are securely kept and productively employed while in FAO's custody; oversees financial operations wherever performed in the Organization; and ensures that all disbursements are timely and made in accordance with established policies and procedures.
The post is located in the FAO Credit Union (CSFU) within the Finance Division (CSF) at FAO headquarters in Rome, Italy.
Reporting Lines
The Finance Officer (Credit Union) reports to the Credit Union Manager (CSFU).
Technical Focus
Collection and analysis of financial information to support the delivery of various financial services/activities.
Key Results
Financial services and related assistance in accordance with internal policies, UN financial guidelines, International Public Sector Accounting Standards (IPSAS) and US General Accepted Accounting Principles (US GAAP).
Key Functions
Provides financial reporting, general accounting, project accounting and/or investment related services in accordance with FAO policies and regulatory framework. Collects and analyses financial information for inclusion in statutory and/or management reports, financial statements and/or reports to the Board of Directors. Contributes to updating financial policies and related tools, systems, technologies and related procedures. Responds to requests for assistance from managers and staff at headquarters and Decentralized Offices. Exchanges and/or provides information to banks, other financial institutions and provides information/clarification to auditors. Participates in the development of training and related training materials and promotes best practices and capacity development at headquarters and Decentralized Offices. Participates in Finance Division teams, leads working groups and/or collaborates with other offices on short-term assignments. Specific Functions
Monitors and ensures front office daily operations when required. Contributes and takes responsibility for all monthly, quarterly and yearly batch processes. CANDIDATES WILL BE ASSESSED AGAINST THE FOLLOWING
Advanced university degree in accounting, finance, business administration or a related field and five years of relevant experience in similar fields; OR a first level university degree in accounting, finance, business administration or related field and seven years of relevant experience in similar fields and completion of a professional qualification in accountancy (Chartered Accountant (CA), Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA)) or the investment profession (Chartered Financial Analyst (CFA)). Working knowledge (full proficiency - level C) of English and intermediate knowledge (intermediate proficiency - level B) of another FAO official language (Arabic, Chinese, French, Russian or Spanish). Technical/Functional Skills
Extent and relevance of experience in accounting and in managing accounting functions. Excellent computer skills and ability to analyze problems and develop effective, practical solutions. Extent and relevance of experience in the system development of accounting and financial applications, particularly Oracle Financials. Work experience in more than one location or area of work, particularly in field positions. GENERAL INFORMATION
Extension of fixed term appointments is based on certification of performance and availability of funds. FAO reserves the right not to make an appointment. Appointment will be subject to certification that the candidate is medically fit for appointment, accreditation, any residency or visa requirements, and security clearances. CONDITIONS OF SERVICE
A competitive compensation and benefits package is offered. For information on UN salaries, allowances and benefits, click on the following link:
Other benefits, subject to eligibility, include:
Dependency allowances Rental subsidy Education grant for children Home leave travel 30 working days of annual leave per year Pension fund entitlements under the UN Joint Staff Pension Fund International health insurance; optional life insurance Disability protection FAO encourages a positive workplace culture to increase inclusivity and diversity within its workforce. FAO applies measures in which all staff members contribute equally and in full to the work and development of the Organization. This includes:
elements of family-friendly policies flexible working arrangements standards of conduct. HOW TO APPLY
To apply, visit the recruitment website at Jobs at FAO and complete your online profile. We strongly recommend that your profile is accurate, complete and includes your employment records, academic qualifications, and language skills. Candidates are requested to attach a letter of motivation to the online profile. Once your profile is completed, please apply, and submit your application. Please note that FAO only considers higher educational qualifications obtained from an institution accredited/recognized in the World Higher Education Database (WHED), a list updated by the International Association of Universities (IAU) / United Nations Educational, Scientific and Cultural Organization (UNESCO). The list can be accessed at Candidates may be requested to provide performance assessments and authorization to conduct verification checks of past and present work, character, education, military and police records to ascertain any and all information which may be pertinent to the employment qualifications. Incomplete applications will not be considered. Personal information provided on your application may be shared within FAO and with other companies acting on FAO's behalf to provide employment support services such as pre-screening of applications, assessment tests, background checks and other related services. You will be asked to provide your consent before submitting your application. You may withdraw consent at any time, by withdrawing your application, in such case FAO will no longer be able to consider your application. Only applications received through the FAO recruitment portal will be considered. Your application will be screened based on the information provided in your online profile. We encourage applicants to submit the application well before the deadline date. If you need help or have queries, please create a one-time registration with FAO's client support team for further assistance:
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