1. Leadership role
The Finance Senior Manager leads IPAS Finance Team and ...
1. Leadership role
The Finance Senior Manager leads IPAS Finance Team and reports to the Head of IPAS. He/she works closely with the other IPAS team leads to ensure an integrated and harmonised approach in the three roles of IPAS. Team leads in IPAS are responsible for building and maintaining effective relationships with country offices, and stakeholders at HQ. Each team lead is expected to cultivate and strive for an inclusive and high-performing team for IPAS overall, that enables UNOPS to deliver its mission to help people build better lives and countries achieve peace and sustainable development.
The role of the IPAS Finance team lead requires good understanding of the operational context UNOPS works in e.g. field experience is a key asset for this position. The IPAS Team Lead is a good communicator, open to challenges and complex situations. He/she will have the analytical and strategic skills to propose and implement plans to address operational matters, remove blockages and follow through with opportunities. He / she is driven by the six “success factors” that define the IPAS way of working - quality orientation, being a trusted advisor, striving for efficiency, having a team centred approach, client focus and being equal partners. The team leads are expected to travel regularly.
2. Core functions:
The IPAS Finance team works under the leadership of the Senior Finance Manager in the three areas of IPAS’ mandate, e.g. supporting operations, business efficiency and knowledge management. It is composed of around twenty colleagues in three teams. In this regard, the Senior Finance Manager will lead the following functions under the three teams:
A. Project Finance
-
Lead the IPAS Finance team to undertake reviews and provide advisory to country offices on new projects (engagements) in regards to financial viability, risk exposure, and set-up of financial management and controls;
-
Highlight high risk engagements and provide advice to senior management on potential mitigation strategies;
-
Ensure an integrated and coordinated approach with other IPAS reviewers.
-
Lead the IPAS Finance team in providing operational support to offices in the area of project finance;
-
Continuously strive to improve project finance in regards to compliance, oversight and risk management at local level.
B. Corporate Financial Reporting
-
Lead all aspects of the monthly, quarterly and year-end closures of accounts that fall under IPAS Finance;
-
Support the accuracy, integrity, quality and timeliness of financial reporting and transactions;
-
Support IPSAS compliance initiatives - policies, regulations, rules, procedures;
-
Initiate or support initiative for system or tool improvements ;
-
Lead the implementation of audit recommendations that are related to IPAS Finance and coordinate the collection of audit samples and requirements during internal/external audit exercises.
C. Treasury and Banking - middle office
-
In collaboration with the Front Office, support the establishment, management and maintenance of arrangements with commercial banks and multilateral institutions to effect cost-effective and secure payments;
-
Ensure adequate control and oversight are in place for all banking operations (e.g., payments, reconciliations, deposits, etc.)
-
Oversee the monthly reconciliations of UNOPS bank accounts to ensure compliance with UNOPS rules and procedures;
-
Support the establishment, management and maintenance of arrangements with commercial banks and multilateral institutions to effect cost-effective and secure payments;
-
Maintain and update SoPs on cash accounting, financial transactions and accounting, cash management and forecasting, and GL reconciliation;
-
Contribute to the development and maintenance of corporate systems and tools.
D. Business Efficiency
-
Ensure a systematic approach to collect and address issues, feedback and suggestions from operations in regards to improvements of policies, processes and systems related to finance.
-
Work closely with Finance Group and other HQ units to address business critical issues and find solutions that are fit for purpose and contribute with specialist and practical knowledge to policy development to be responsive to UNOPS strategy; to improve efficiencies and strengthen internal controls.
-
Ensure data analytics of IPAS Finance related data to identify risks, opportunities and trends;
-
Contribute to cross-functional initiatives to ensure that internal policies, processes and systems and tools are aligned with the overall regulatory framework, practical, relevant and add value to organisational operations.
3. Team management
-
Supervise and lead the IPAS Finance team, to ensure that team members are motivated in a trusting and supporting environment that fosters ownership, innovation and learning.
-
Facilitate and encourage interaction and collaboration between the IPAS Finance team and the other IPAS teams and other stakeholders such as policy groups, implementing units and external parties.
-
Work with data analytics and evolve the risk approach to keep track of workload and trends of IPAS Finance activities and tasks, in order to efficiently manage the team and workload.
4. Knowledge management and capacity building
-
Ensure knowledge and information on financial matters is maintained and shared actively within the team, and packaged in appropriate formats that can be easily communicated with the country offices.
-
Keep abreast of external developments and best practices and provide recommendations to relevant stakeholders
-
Provide regular feedback to internal clients on challenges, gaps and possible areas of improvement
-
Develop a strategy to ensure knowledge transfer and capacity building related to project finance, and work closely with other IPAS teams to provide integrated trainings where relevant.