The Head of Finance analyses and
interprets financial rules and regulations and ...
The Head of Finance analyses and
interprets financial rules and regulations and provides solutions for a wide
spectrum of complex financial issues, promoting a collaborative,
client-oriented approach consistent with UNOPS rules and regulations. Under the
guidance and supervision of the Head of Support Services, the Head of Finance is responsible for the following:
Strategic
Advice and Guidance
- Reliable strategic and technical advice and timely performance management reports to MMOC projects, programmes, and Management
Group, to enable and encourage informed management engagement on financial
issues.
- Advice to MMOC senior leadership on
cost reduction strategies aimed at maintaining MMOC’s financial viability.
- Participation in the development and
implementation of the MMOC business plan as a strategic partner.
- Provide advise to MMOC senior leadership on
financial performance against the annual delivery targets with the purpose
of informed strategic decision and resource allocation in line with the
organizational priorities.
- Review, analysis and revision of data for
finalization of cost estimates and budget proposals, and direct support
during the development and implementation of project acquisition to ensure
efficient financial implementation and adherence to both UNOPS and client
pricing policies.
- Actively particiate in the interagency
discussions and meetings in respect to any financial arranagements and
procedures which affect the financial operations in country
Financial
Management, Reporting and Controls
- Continous review of financial and accounting operations ensuring
adequate financial controls are in place to protect financial resources
and ensure reliability of data and financial reports.
- Development
and implementation of UNOPS Myanmar financial management Standard
Operating Procedures, guidelines and control mechanisms, in conformity
with UNOPS rules and regulations.
- Management of the operating and management budgets including review,
analysis, reporting, monitoring performance and identification of administrative
budgetary requirements including provision of guidance on budget
preparation and the procedures for submission to facilitate consolidation
at the regional level.
- Timely
and accurate financial reports to funding sources in accordance with UNOPS
rules and procedures and established donor requirements
- Management of Accounts Receivables and Accounts Payable including
payroll and development - of reporting mechanism.
- Account review, analysis and reconciliation, ensuring the quality
and accuracy of the financial data disclosed in the certified financial
statements; Implement related and effective risk management actions.
- Monthly, quarterly and annual closure activities for MMOC in
compliance with pertinent UNOPS policies and procedures, and in line with
Finance Group guidelines.
- Management of audit activities, including planning,
preparation and coordination during the audit engagements and follow up on
audit observations/recommendations; Implement necessary changes to strengthen
financial controls.
- Establish, manage and maintain arrangements
with commercial banks in Myanmar to achieve cost-effectiveness and secure
payments.
- Lead
the development and implementation of cash handling procedures and
prepares cash and currency flow forecasts and projections.
Financial
Knowledge Management and Capacity Building
- Contribute to the development of internal capacity across MMOC in
financial accounting.
- Develop capacity of stakeholders in financial accounting by leading,
organizing and conducting training/workshops, identifying expert resources
to facilitate as needed.
- Synthesize and disseminate of lessons learned and best practices in
Finance, and offer sound contributions to knowledge networks and
communities of practice.
- Provide technical guidance and on the job training to ensure work
standards are achieved, both in terms of quality and quantity of
inputs/outputs processed.
Management
and Leadership
- Leadership and oversight of the Finance Unit, establishing strategic
team objectives, key performance indicators, and measurement standards
toward delivering expected results.
- Management of the “managed cash-flow (MCF)” mechanism and implementation of
internal controls, risk management and planning of related MCF activities, including a team upwards of 80 personnel.
- Continuous assessment of the performance and effectiveness of
financial services, recommending changes and/or corrective actions in the
team structure and/or finance operations to enhance and maintain
effectiveness in the changing environment.
- Attract, retain and develop talent with
the skills and competencies needed to ensure optimum performance, offering guidance to enable responsible,
effective and efficient performance.
- Promote collaboration and foster a positive work environment,
respectful of both men and women and ensure that the highest standards of
conduct are observed.
Impact of Results
The Head of Finance directly impacts the
effective management and financial integrity of UNOPS through the effective
stewarding of UNOPS Myanmar resources, maintaining appropriate controls and
integrity of financial management in accordance with relevant UNOPS rules and
regulations, enabling prudent management financial resources and building an
informed and shared management engagement on financial issues in support of the
UNOPS Myanmar strategy.