Fresher UN Finance Analyst (SMADF) Career Jobs – International Fund for Agricultural Development (IFAD)

Organisation: International
Fund for Agricultural Development (IFAD)
Duty Station: Kampala,
Uganda
Reports to: Country
Programme Manager (CPM)
Vacancy Announcement Number:
1505
About US:
The International Fund for Agricultural Development (IFAD) is a
specialized agency of the United Nations which was established as an
international financial institution in 1977 as one of the major outcomes of the
1974 World Food Conference. IFAD is dedicated to eradicating rural poverty in
developing countries. It does so by investing in rural people. IFAD finances
programmes and projects that increase agricultural productivity and raise rural
incomes, and advocates at the local, national and international level for
policies that contribute to rural transformation.
Job Summary: The Finance
Analyst for the Small and Medium Agribusiness Development Fund (SMADF) ensures
effective supervision of the European Union (EU) financing for the (SMADF),
including both the capital investment (Component 2) and the Business
Development Services (BDS) support (Component 3). This implies comprehensive
fiduciary supervision of the EU financing as per IFAD rules and procedures and
in agreement with the Contribution Agreement signed between IFAD and the EU.
The SMADF-Finance Analyst will support IFAD financial management and
procurement, accounting and reporting functions of those SMADF activities that
are in IFAD’s mandate, based on the Contribution Agreement signed between IFAD
and the EU.
Key Duties and
Responsibilities:  
Finance Business Partner:
  • The SMADF-Finance Analyst is a credible,
    trusted partner to the Uganda Country Office where assigned. S/He supports
    IFAD’s finance strategy and plans and is committed to financial integrity
    and acts as a responsive and constructive service provider with a focus on
    results.
  • The SMADF-Finance Analyst provides verbal
    and written advice and guidance to the supervisor and staff on finance
    regulations, rules and procedures. S/He facilitates a mutual understanding
    of roles and fiduciary accountabilities in support of the integrity in the
    management of IFAD’s and EU’s financial resources functions of those SMADF
    activities that are in IFAD’s mandate.
  • The SMADF-Finance Analyst’s focus is on
    building her/his knowledge base of IFAD’s governing structure, mandate,
    long-term business strategy, organizational dynamics and culture.
Financial Management:
  • Ensure overall compliance of relevant
    financial management and procurement processes of the BDS Operations
    Manual
  • Keenly review the soundness of the BDS
    disbursement projections, as prepared by the Business Development Services
    Management Company (BDSMC), based on the targets/planned work programme of
    the Fund Manager of the SMADF, to be submitted to IFAD on a quarterly
    basis.
  • Review the BDSMC quarterly progress
    financial report to the CPM on actual disbursements vs budgeted costs of
    annual work plans and budgets and payments processed of the EU financing
    for the SMADF, including both the capital investment (Component 2) and the
    BDS support (component 3).
  • Maintain an updated register of BDS
    commitments in the form of signed matching grant agreements vs available
    funds.
  • For each approved grant agreement,
    maintain a grant monitoring form which keeps track of disbursement related
    milestones as per matching grant agreements.
  • Review the reasonableness, completeness
    and accuracy of claims submitted by investee companies before the CPM
    signs off the payments to be processed by IFAD Accounting &
    Controller’s Division (ACD).
  • Provide support in maintaining accurate
    and regular records and accounts, including but not limited to financial
    accounting, disbursement and payment processing and shall retain and
    adequately store such records and documents.
  • Perform steps in the PeopleSoft system
    such as data entry and processing of transactions.
  • Maintain a simple off the shelf accounting
    package, posting all the project transactions with a clear audit trail to
    the underlying supporting documentation.
  • Ensure compliance with applicable EU
    requirements (e.g. reporting, document archiving,  the preparation of transaction listings,
    etc)
  • Quarterly reconcile the local accounting
    system to IFAD records.
  • Prepare financial documentation and
    provide support to CPM and for the financial reporting on SMADF operations
    and overall performance.
  • Support IFAD supervision missions in
    covering the SMADF fiduciary aspects.
  • Provide support to IFAD Financial
    Management Division (FMD) and Accounting and Controller’s Division
    (ACD)  to prepare requests to the EU
    for fund releases, as per the agreed tranches in the contribution
    agreement, ensuring to include the required supporting documents.
  • Support IFAD external and internal audit
    process.
  • Lead good governance initiatives including
    the promulgation of IFAD’s anti-corruption policy and confidential
    hotline.
  • Carry out any other SMADF-related tasks as
    requested by the CPM.
Country Office Support: The SMADF-Finance Analyst is
accountable for day-to-day administration and reporting in support of the CPM
of the Uganda Country Office and for supervision of the assigned Country
Programme Assistant of those SMADF activities that are in IFAD’s mandate.
Managerial Functions:
  • Work closely and proactively co-operate
    with the Finance and Procurement units of the BDSMC and the
    representatives of the Fund Manager of the SMADF for all finance related
    areas.
  • Accountable for integrity, transparency,
    and equity in the personal use of assigned IFAD and SMADF resources,
    including equipment, supplies and, as applicable, staff supervised.
Qualifications, Skills and
Experience: 
  • The ideal candidate for the United Nations
    International Fund for Agricultural Development (IFAD) Finance Analyst
    (SMADF) job placement should hold an advanced university degree from an
    accredited institution in accounting, finance, business administration or
    other job related field.
  • A minimum of two years of professional
    experience in accounting, financial management, budget analysis or
    management analysis in private or public sector, preferably in development
    partners financed projects.
  • Languages: Excellent written
    and verbal communication skills in English and local language.
 Personal Competencies:
  • Demonstrating Leadership:
    Personal leadership and attitude to change
  • Learning, sharing knowledge and
    innovating:
    Continuously seeks to learn, shares knowledge and
    innovates
  • Focusing on clients: Focuses on
    clients
  • Problem solving and decision making:
    Demonstrates sound problem solving and decision making ability
  • Managing time, resources and
    information:
    Manages own time, information and resources
    effectively
  • Team Work: Contributes
    effectively to the team
  • Communicating and negotiating:
    Communicates effectively: creates understanding between self and others
  • Building relationships and
    partnerships:
    Builds and maintains effective working relationships
Technical/Functional Competencies:
  • Sound knowledge of the principles and
    concepts of financial management including accounting, financial
    instruments, and industry practices and international recognized
    accounting principles.
  • Ability to identify issues, formulate
    opinions and make conclusions and recommendations.
  • Analytical and organizational skills.
  • Proven ability to communicate effectively
    in a diverse organization tailoring language, tone, style and format to
    match audience.
  • Excellent knowledge of PeopleSoft  and other information technology systems
    and tools.
  • Ability to empathize with client managers,
    supervisors and staff while maintaining the integrity of financial
    resources, implementing internal controls and ensuring consistent and
    accountable application of promulgated financial regulations and rules.
How to Apply:
All suitably qualified and interested candidates interested in the
United Nations International Fund for Agricultural Development (IFAD) should
apply online at the link below.
Deadline: 19th February
2017

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