Associate Finance Officer (Accounts)
Associate Finance Officer (Accounts)
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
OVERVIEW
Post Number : FIN 986
Grade:P-1/ P-2
Parent Sector : BUREAU OF FINANCIAL MANAGEMENT
Duty Station:Paris
Type of contract :Fixed Term
Duration of contract:2 years renewable
Recruitment open to:Internal and external candidates
Application Deadline (Midnight Paris Time):11-OCT-2025
UNESCO Core Values: Commitment to the Organization Integrity Respect for Diversity Professionalism
OVERVIEW OF THE FUNCTIONS OF THE POST
The UNESCO Staff and Savings and Loan Service (USLS) is an integral part of UNESCO and has been set as a Fund-in-trust of the Organization. Its mission is to offer staff members savings and loan options in a mutualist spirit. The USLS has approximately 3600 members who are UNESCO staff and retirees or staff of UN agencies based in Paris. The USLS members can make deposits to their savings accounts up to the limit to their salary or pension amounts and get mortgage and ordinary loans.
Under supervision of the General Manager of USLS the incumbent provides accounting and reporting activities of the unit. The incumbent is responsible for providing a range of services and tasks in the areas of back-office of investments accounting and financial reporting of all the activities related to USLS. The incumbent ensures that all USLS accounting entries and financial operations/activities are compliant with the applicable UNESCO rules and USLS Rules & Regulations.
Long Description
The incumbent will be in charge of the following main tasks:
1. Member Services & Pension Processing
- Monitor posted members withdrawals requests standing orders and ensure alignment with data registered in the IT system and payment files.
- Monitor monthly pension/payroll incoming credits on USLS bank accounts and reconcile with data in related files received from UNESCO Payroll and UN Pension Fund.
- Verify accounting postings related to members term deposits subscriptions redemptions and interest payment.
- Monitor the posting of annual interest distributions on members savings accounts and reserve movements.
2. Banking & Treasury Operations
- Perform USLS bank accounts reconciliations on a daily basis and resolve discrepancies.
- Monitor investments related transactions and confirmations USLS bank account replenishments and cash flows operations.
- Post foreign exchange transactions monitor the postings of interest accruals and payables related reversals bank fees and adjustments.
3. Back-office Functions
- Manage investment confirmations in the Treasury Management System.
- Handle contractual documentation related to investments.
- Reconcile investment/replenishment transactions and promptly resolve discrepancies.
- Monitor the posting of investment interest coupons liaising with counterparties as needed.
Long Description
4. Accounting & Internal Controls
- Process and analyze general ledger entries ensuring compliance and accuracy with supporting elements.
- Conduct daily/monthly/quarter-end accounting controls and archive supporting documents.
- Verify members transactions vendor payments VAT entries and related adjustments.
- Maintain updated general ledger coding plan and ensure compliance with internal control procedures.
5. Financial Reporting & Budget Monitoring
- Perform month- and quarter-end reconciliations accruals/reversals/amortization postings.
- Update budget monitoring table and alert the General Manager of overspending risk on a budget line.
- Prepare draft investment reports and statistical/accounting variance reports.
- Ensure alignment between accounting system and Treasury Management System and formalize the month-end related controls.
6. Annual Accounts Closing & Audit Preparation
- Support interim and annual account closure in line with audit requirements maintain annual closing schedule monitor assigned tasks and related deadlines.
- Prepare IPSAS-compliant draft financial statements (per Fund and consolidated).
- Update the tables related to the Notes to financial statements and ensure alignment of the financial statements and notes in both French and English.
- Provide the first level information on accounting postings to external auditors and prepare accounting samples and documents for and respond to questions raised by internal/external auditors as necessary.
- Prepare bank circularization letters and promptly track/review banks responses.
- Coordinate production of USLS Annual Reports in both languages; proofread reports verify data/graphs and liaise with the Document Production Unit.
7. Other functions
- Support discussions on accounting/reporting activities; suggest improvements to procedures controls and report presentations.
- Undertake reviews of processes to identify areas of improvement in the control environment. Make recommendations and propose any improvements in the areas of responsibility.
- Update accounting procedures and reports related to USLS new IT system. Participate in developments and modifications related to the accounting area.
- Contribute to improving service provided through knowledge sharing and be prepared to cover colleagues on general assignments if necessary; Provide logistic assistance for the USLS General Assembly and elections.
COMPETENCIES (Core / Managerial)
-
REQUIRED QUALIFICATIONS
EDUCATION:
- Advanced university degree (Masters or equivalent degree) in Accounting or Business/Management with majors in accounting or with a Certificate in financial accounting.
WORK EXPERIENCE:
- A minimum of two (2) years of relevant professional experience in accounting and back-office especially investments confirmations of which preferably one (1) year acquired at international level.
- Proven experience in preparing financial statements and contributing substantively to work related to the preparation of Notes to financial statements.
LANGUAGES:
- Excellent level of English or French and good working level in the other language.
Long Description
SKILLS & COMPETENCIES REQUIRED:
- Good knowledge of IPSAS or IFRS accounting standards applicable to financial instruments and accounting posting rules for financial transactions.
- Proficiency in standard office software (e.g. MS Office Outlook Excel) with ability to compile data in spreadsheets including functions.
- Strong organizational coordination and multitasking skills with the capacity to manage competing priorities and tight deadlines.
- Excellent analytical and problem-solving abilities with solid numerical skills attention to details and commitment to accuracy quality of work and compliance.
- Ability to draft clearly and concisely and make oral presentations in English and/or in French.
- Capacity to work independently exercise sound judgment and prioritize tasks in alignment with organizational objectives and internal rules and regulations.
- Demonstrate flexibility and adaptability in responding to changing priorities and heavy workloads.
- High standards of professionalism integrity and compliance including adherence to data privacy and confidentiality requirements combined with tact and diplomacy.
- Strong interpersonal and communication skills team-oriented and culturally sensitive with the ability to collaborate effectively with diverse internal/external stakeholders including active/retired USLS members.
DESIRABLE QUALIFICATIONS
EDUCATION:
- A professional accounting qualification/certification such as CIPFA or equivalent is an asset.
WORK EXPERIENCE:
- Experience in an international organization/institution or in the United Nations system.
SKILLS & COMPETENCIES:
- Knowledge of UNESCOs general related policies and practices and USLS Rules and Regulations.
LANGUAGES:
- Good knowledge of another working language of the United Nations (Arabic Chinese Russian and/or Spanish).
BENEFITS AND ENTITLEMENTS
UNESCOs salaries consist of a basic salary and other benefits which may include if applicable: 30 days annual leave family allowance medical insurance pension plan etc.
The approximate annual starting salary for this post is 50 377 US $.
For full information on benefits and entitlements please consult ourGuide to Staff Benefits.
SELECTION AND RECRUITMENT PROCESS
Please note that all candidates must complete an on-line application and provide complete and accurate information. To apply please visit the UNESCO careers website. No modifications can be made to the application submitted.
The evaluation of candidates is based on the criteria in the vacancy notice and may include tests and/or assessments as well as an interview.
UNESCO uses communication technologies such as video or teleconference e-mail correspondence etc. for the assessment and evaluation of candidates.
Please note that only selected candidates will be further contacted and candidates in the final selection step will be subject to reference checks based on the information provided.
Footer
UNESCO recalls that paramount consideration in the appointment of staff members shall be the necessity of securing the highest standards of efficiency technical competence and integrity. UNESCO applies a zero-tolerance policy against all forms of harassment. UNESCO is committed to achieving and sustaining equitable and diverse geographical distribution as well as gender parity among its staff members in all categories and at all grades. Furthermore UNESCO is committed to achieving workforce diversity in terms of gender nationality and culture. Candidates from non- and under-represented Member States (last update here) are particularly welcome and strongly encouraged to apply. Individuals from minority groups and indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the highest level of mobility is required for staff members appointed to international posts.
UNESCO does not charge a fee at any stage of the recruitment process.
Please note that UNESCO is a non-smoking Organization.
Required Experience:
IC
Employment Type
Full Time
