Finance Specialist (UNOPS Internal Candidates Only)

UNOPS Somalia Country Office (SOCO) exciting career opportunity as we are committed to achieving a truly diverse workforce.

This vacancy is only open to UNOPS Internal candidates.

UNOPS Overview

The United Nations Office for Project Services (UNOPS) is an operational arm of the United Nations, supporting the successful implementation of its partners' peacebuilding, humanitarian and development projects around the world.  Mandated as a central resource of the United Nations, UNOPS provides sustainable project management, procurement and infrastructure services to a wide range of governments, donors and United Nations organizations.  With over 8,000 personnel spread across 80 countries, UNOPS offers its partners the logistical, technical and management knowledge they need, where they need it.  By implementing around 1,000 projects for our partners at any given time, UNOPS makes significant contributions to results on the ground, often in the most challenging environments.

Background Information: Somalia 

Somalia is amid major new political and security developments that will offer a greater possibility for peace and security than the country has seen in over 20 years. The Federal Government of Somalia (FGS), established in 2012, and international community have driven a process of rebuilding of functioning government institutions and processes through Somalia’s peacebuilding and state-building priorities under the Somali Compact (2013-2016), based on the Busan “New Deal for Engagement in Fragile States” agreement. The Somalia National Development Plan (2017-2019) builds on this foundation laid by the Compact and sets the priorities for national recovery and development in full collaboration with national and regional governments. A landmark electoral process in late 2016 and early 2017 resulted in a peaceful transfer of power to a new President and government, in place since February and March 2017, respectively. At the London Somalia Conference in May 2017, a Security Pact was agreed upon by Somalia and the international community, which will allow for sustainable, long-term security based on mutual accountability. At the time of advertising this position - in February 2023, a new federal government is embarking on an ambitious peace and development agenda. 

The functional objective of UNOPS in Somalia is to deliver projects in an efficient and effective manner to achieve the development outcomes sought by the Government of Somalia and the donor community. The aim of UNOPS in Somalia is to provide implementation services to the Government of Somalia, the donor community, and partner agencies in the reconstruction and development of the country. In doing so, UNOPS aims to exceed client expectations in the delivery of quality services throughout the country.

Job Specific

Located in Mogadishu, Somalia, the Somalia Country Office manages a growing portfolio of engagements. SOCO works with multiple partners, including the Governments of Somalia, bilateral and multilateral donors, United Nations agencies, funds, and programmes. Under the direct supervision of the Head of Support Services, the Finance Specialist acts as an advisor to Senior Management on all aspects of financial management and operations. This includes strategic financial resources management, within UNOPS rules and regulations. S/he leads the financial management operation, ensuring financial integrity of the Business Unit’s programmes/ projects operations, consistent delivery of efficient and effective financial management services to the client office, primarily, SOCO admin budgets management and recovery, financial monitoring and reporting, budget preparation and management and control of accounts payables/receivables.  Leading and guiding the SOCO Financial management Team, s/he fosters collaboration within the team, with programme staff and with other stakeholders with a client-oriented approach. The incumbent provides solutions to a wide spectrum of complex financial management issues, maintains oversight over the financial management of projects and promotes a collaborative, client-oriented approach.

1. Implementation of operational and financial management strategies
2. Budget management and organization of the cost-recovery system
3. Control of office accounts
4. Control of office cash management
5. Team Management 
6. Knowledge building and knowledge sharing

• Ensures the implementation of operational and financial management strategies, focusing on the achievement of the following results:
• Advice to senior management on strategic financial resources management
• Authoritative interpretation of requirements for handling transactions advice and guidance concerning UNOPS’ financial practices and rules.
• Operational efficiency of the managerial or accounting aspects of the areas managed.
• Continuous analysis and monitoring of the financial situation, presentation of forecasts for projects.
• Full compliance of financial activities, financial recording/reporting system and audit follow up with UN/UNOPS rules, regulations, policies and strategies and IPSAS standards.
• Implementation of the effective internal control, proper design and functioning of the financial resources management system. 
• Proper management of the contributions management and accounting for contributions to ensure that funds due to UNOPS are properly identified, consistently and uniformly classified, recorded on a timely basis and received with sufficient supporting documentation. 
• Performance of appropriate role in Enterprise system for transactions approvals and bank reconciliation. 
• Approvals authority of pending disbursements (cheques, bank transfers, EFT) and bank reconciliations.
• Monitoring of financial exception reports for unusual activities, transactions and investigation of anomalies or unusual transactions.
• Member of bank signatory panel.
• Proper planning, expenditure tracking and audit of financial resources, including extra-budgetary income in accordance with UNOPS rules and regulations 
• Control of the workflows in the Finance Unit.
• Elaboration of the framework and conditions of contributions within the Business Unit’s resources mobilization efforts.
• Elaboration and implementation of cost saving and reduction strategies.
• Monitoring of financial exception reports for unusual activities, transactions, and investigates anomalies or unusual transactions. 
• Informs supervisors and other UNOPS colleagues at Headquarters of the results of the investigation when satisfactory answers are not obtained.

• Manages the project budgets and organizes an optimal cost-recovery system focusing on
• achievement of the following results:
• Financial resources management through planning, guiding, controlling of the resources in accordance with UNOPS rules and regulations.
• Preparation and monitoring of budgets of management projects.
• Establishment of the development projects’ budgets preparation/modification monitoring system, control of budgetary status versus authorized spending limits (ASL) and budgets delivery levels.
• Sending project budget to KK if authorized by the Senior Management (can be done only on the basis of signed documents and project budgets).
• Elaboration of proper mechanisms to eliminate deficiencies in budget management.
• Preparation of cost-recovery bills in Enterprise system for the services provided by UNOPS

• Ensures proper control of accounts focusing on achievement of the following              
• results in compliance with IPSAS and UNOPS policies and procedures:
• Elaboration of the internal expenditures’ control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in Enterprise system; payrolls are duly prepared; MPOs, travel claims and other entitlements are duly processed, receipting of goods and services and establishment of accruals are properly done 
• Timely accounting and reconciliation of all transactions, security for cash assets on site.
• Proper management of the contributions management business process and accounting for contributions to ensure that funds due to UNOPS are properly identified, consistently and uniformly classified, recorded on a timely basis and received with sufficient supporting documentation
• Manager level in Enterprise system.
• Control of accounts closure
• Approval of vendors in Enterprise system
• Timely corrective actions on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers. Timely response to HQ requests to resolve financial data issues.
• Control of the Accounts Receivables for UNOPS projects and maintenance of the General Ledger

• Ensures proper office cash management  focusing on achievement of the following results:
• Timely review of cash position for local accounts to ensure sufficient funds on hand for disbursements. Timely identification and recording of receipts for income application.
• Monitoring of financial exception reports for unusual activities, transactions and investigation of anomalies or unusual transactions. Provision of information to supervisors and other UNOPS staff at HQ on the results of the investigation when satisfactory answers are not obtained.
• Daily review of zero-balance account bank statements in Enterprise system to monitor imprest level; identification and record of contributions.
• Primary contact with local bank management on routine operational matters including negotiation of exchange rate on replenishments.
• Member of bank signatory panel.
• Timely and accurate approval of bank reconciliation, including documented review of exceptions.
• Initiation of bank transfers and deals, selecting bank transfers and deals for approval and settlement. 
• Performing Paycycle manager role in Enterprise system
• Timely preparation of monthly cash flow forecast for use by HoSS. Liaison with UN Agencies to obtain estimates of their cash requirements.
• Cash disbursements made on sites.

• Facilitate the engagement and provision of high quality results and services of the team supervised through effective recruitment, work planning, performance management, coaching, and promotion of learning and development.
• Provide oversight, ensuring compliance by team members with existing policies and best practices.

• Organize, facilitate and/or deliver training and learning initiatives for personnel on finance related topics.
• Lead, approve and conduct initiatives on capacity development and knowledge building for Finance personnel, including network development, plans, learning plans and activities, Finance practice information and best practice benchmarking.
• Oversee team’s contributions to Finance knowledge networks and communities of practice including collaborative synthesis of lessons learnt and dissemination of best practices in human resources management.
• Guide team’s collection of feedback, ideas, and internal knowledge about processes and best practices and utilize productively.  

A.  Education

• Advanced University Degree (Master’s Degree) preferably in Accounting, Finance, Management, Business Administration or related fields is required OR 
• A First University degree (Bachelor’s Degree) in relevant discipline with two (2) additional years of relevant experience may be accepted in lieu of advanced university degree (master’s degree)

Professional Certification in Certified Public Accountant (CPA) is a desirable. 

B. Work Experience

• A minimum of five (5) years of professional-level experience in accounting with responsibility for project accounting and preparation of financial statements in an international organization in providing financial management services is required. 
• A minimum of 2 years of relevant UNOPS experience is required
• A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) desired.
• Excellent computer skills and ability to use software tools to present data clearly and concisely is an advantage.
• Knowledge and experience in ERP system developments and process improvements and automation is considered an asset. 
• Knowledge of UNOPS financial rules and regulations; working knowledge of ERP (particularly Agresso), experience with MS Office 2003/or newer versions, and financial management, using electronic systems, environment and are desired. 

C. Language Requirements 

• For this position, fluency in English Language (i.e. writing, reading and speaking) is required.
• Knowledge of another official UN language is an asset.

Contract type: International Individual Contract Agreement (IICA)

Contract level: I-ICA 2 / ICS 10

Contract duration: Ongoing (Subject to organizational requirements, availability of funds and/or to satisfactory) performance

For more details about the ICA contractual modality, please follow this link:

https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/Individual-Contractor-Agreements.aspx 

• Please note that UNOPS does not accept unsolicited resumes.

• Applications received after the closing date will not be considered.

• Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.

• UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures,  languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce. 

• Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.

• We would like to ensure all candidates perform at their best during the assessment process.  If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.

• Duty Station: Mogadishu is a non-Family Duty Station

Terms and Conditions 

• For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post. 

• For retainer contracts, you must complete a few Mandatory Courses (they take around 4 hours to complete) in your own time, before providing services to UNOPS. For more information on a retainer contract here.

• All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.

• It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.

UNOPS is an operational arm of the United Nations, supporting the successful implementation of its partners’ peacebuilding, humanitarian and development projects around the world. Our mission is to help people build better lives and countries achieve sustainable development.

UNOPS areas of expertise cover infrastructure, procurement, project management, financial management and human resources.

Working with us: UNOPS offers short- and long-term work opportunities in diverse and challenging environments across the globe. We are looking for creative, results-focused professionals with skills in a range of disciplines.

Diversity: With over 4,000 UNOPS personnel and approximately 7,000 personnel recruited on behalf of UNOPS partners spread across 80 countries, our workforce represents a wide range of nationalities and cultures. We promote a balanced, diverse workforce — a strength that helps us better understand and address our partners’ needs, and continually strive to improve our gender balance through initiatives and policies that encourage recruitment of qualified female candidates.

Qualified females are strongly encouraged to apply.

Work life harmonization: UNOPS values its people and recognizes the importance of balancing professional and personal demands.

Africa Region Based in Copenhagen, Denmark, the Africa Region supports UNOPS country offices in the region, providing financial oversight of projects, procuring goods and services and managing human resources.

AFR helps ensure that projects are executed to the highest standards, providing a shared knowledge base and ensuring that best practices and lessons learned are disseminated between projects across the entire region.

Somalia Country Office:

UNOPS Somalia Country Office (SOCO) has had a solid and continuous in-country expert presence successfully implementing programs since the mid-1990s, where it is currently undertaking various projects and initiatives in close collaboration with the Federal Government of Somalia (FGS), Federal Member States (FMS) and partners from the global donor community. UNOPS’ projects in Somalia focus on several key sectors that include infrastructure development, institutional capacity building, project management, advisory services, and procurement services. These projects cut across multiple sectors, including education, healthcare, national security, law enforcement, immigration services, justice, transport, and public works among others. UNOPS work in Somalia is geared towards driving growth and development in the country, a process that requires developing a close relationship with the FGS and the other development partners.