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Fresher UN Finance Analyst (SMADF) Career Jobs – International Fund for Agricultural Development (IFAD)
Job Title: Finance
Analyst (SMADF)
Analyst (SMADF)
Organisation: International
Fund for Agricultural Development (IFAD)
Fund for Agricultural Development (IFAD)
Duty Station: Kampala,
Uganda
Uganda
Reports to: Country
Programme Manager (CPM)
Programme Manager (CPM)
Vacancy Announcement Number:
1505
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.
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.
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:
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.
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:
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.
- 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.
United Nations International Fund for Agricultural Development (IFAD) should
apply online at the link below.
Deadline: 19th February
2017
2017
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