Finance Group
The purpose of the Finance Group is to lead and develop ...
Finance Group
The purpose of the Finance Group is to lead and develop the organization’s finance strategy and practice. The core functions of the Finance Group are to:
a. Articulate finance policies and processes; enable operationalization and managerial oversight through appropriate systems and reports; provide corporate advice and guidance; and strengthen the knowledge, skills and career development of finance practitioners.
b. Steward the resources of the organization, ensuring cost recovery and accurate financial reporting to partners; maintain appropriate controls and integrity of financial management in accordance with relevant international standards; enable prudent management and growth of financial assets; and build an informed and shared management engagement on financial issues in support of the organization’s business strategy.
c. Identify and develop opportunities for the provision of financial management services for partners and ensure appropriate modalities for service delivery.
The Finance Group (FG) is a critical and strategic business function in UNOPS and serves as an authoritative and integrated partner in the organization on strategic financial planning and budgeting, business strategy and practices, financial analysis and risk assessment, financial management services and long term organisational treasury and investments. As the steward of resources of a self-financing UN entity, FG is accountable for timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management of resources in accordance with the highest standards of ethics and organisational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.
The Credit Risk and Trade Finance Specialist - Treasury reports to the Head of Treasury. Under the overall guidance of the Head of Treasury, the role is responsible for ensuring that UNOPS has a comprehensive, coherent and successfully executed plan for the efficient and effective management of its credit risk exposures across its investment portfolios, banking partners, cash management and liquidity programs and advance financing activities. The role holder will also be UNOPS specialist in Trade Finance Products (e.g Guarantees and Letters of credit etc) and will be required to help build and share knowledge of these types of operations with UNOPS offices globally. The role will support both the policy aspect of the treasury function as well as the operational/transactional aspects working closely with UNOPS field offices and the Treasury Middle Office (IPAS).