BackgroundThe Bureau for Management Services’ Office of Financial Resources Management (BMS/OFRM) supports the United Nations Development Programme (UNDP) in the implementation of the 2030 agenda and UNDP’s Strategic Plan. It achieves this by developing and making fully operational a dynamic and harmonized integrated resource management framework based on comprehensive analysis that enhances UNDP’s financial and administrative performance, as well as facilitating UN reform and coherence. The primary role of BMS/ OFRM is to maintain the financial integrity of UNDP through providing functional leadership, supporting the efficient and effective management of its financial resources, promoting financial sustainability and responsible resource allocation. This is accomplished by the development and implementation of sound financial policies and practices, oversight of corporate financial management performance, and flexible scalable support to resource allocation. BMS/OFRM serves as a business partner to Bureaux and Country Offices, providing sound financial management, advisory and analytical services, with a view to continuously improve the financial management performance of business units and support Bureaux in the exercising of their oversight functions.Within OFRM, the Financial Performance Management & Reporting (FPMR) is responsible for oversight of financial reporting, the preparation and integrity of UNDP’s financial statements, and providing timely and accurate financial information in accordance with international accounting standards. FPMR fosters trust and accountability through leadership in financial policy, robust internal financial controls, and close engagement with auditors to support an unqualified audit opinion, while also delivering expert accounting and financial advisory support, addressing complex and non-routine financial issues, and overseeing financial risk related to implementing partners, enabling informed senior decision-making and sustained audit assurance.Within FPMR, there are four units:Corporate Financial Reporting (CFR):



Responsible for promoting clear accountability for financial transactions and for producing UNDP’s corporate financial statements.Financial Performance Management (FPM): Responsible for managing aspects of financial performance, including the administration of the Annual Representation exercise and the Statement of Internal Control Over Financial Reporting; monitoring of financialrisks related to financial statement integrity; and management of the implementing partners policy framework, including the agency-wide Harmonized Approach to Cash Transfers (HACT) framework.Payroll Finance Oversight (PFO): Responsible for the financial oversight of payroll accounting functions, as well as the reporting of employee benefits and liabilities for all UNDP personnel.Finance Integration & Technologies (FIT): provides expert, structured financial analysis to resolve complex, non-routine issues and enhance the quality and timeliness of senior decision‑making.Scope of Work:The Payroll Finance Oversight (PFO) function provides financial oversight and governance over UNDP’s global payroll operations. PFO ensures the accuracy, completeness, and integrity of payroll-related financial information by establishing and monitoring controls, reviewing payroll accounting, overseeing compliance with applicable policies and financial rules, and assessing payroll-related financial risks. In fulfilling its mandate, PFO partners closely with and interacts regularly with the Global Shared Services Centre (GSSC) to align operational processes with financial governance objectives. The function acts as a critical second‑line capability, supporting management through analysis, issue resolution,



and coordination with service providers and internal stakeholders, while safeguarding the organization against financial, compliance, and reputational risk arising from payroll activities.Within the Payroll Finance Oversight (PFO) function, the Finance Specialist provides specialized technical expertise and serves as a Subject Matter Expert (SME) on payroll accounting, providing technical oversight, monitoring, and analysis of payroll expenses and related balance sheet accounts. The Finance Specialist works closely with the Global Payroll Services (GPS) and Benefits Entitlement Services (BES) teams within the Integral Shared Services Centre (GSSC) to strengthen payroll finance processes, advise on payroll system configuration and accounting treatments to mitigate risk, and review higher‑risk transactions, providing assurance over IPSAS‑compliant financial recording and reporting and contributing to reduced audit risk.Duties and ResponsibilitiesEstablish effective payroll finance oversight and policy implementation:Review and maintain payroll‑related financial policies, procedures, and accounting treatments affecting the financial statements, including inter‑agency balances, payables, and employee benefit liabilities.Assess and strengthen the payroll control environment, including Quantum ERP (Oracle HCM) application controls, system configuration, and audit trails, proposing process and system improvements to enhance efficiency and risk management.Lead the review of payroll accounting mappings and centralized processes from Quantum ERP (Oracle HCM) through to the General Ledger, including review of segregation of duties and compliance with International Public Sector Accounting Standards (IPSAS) and industry best practices.Design, develop and maintain payroll oversight tools and reports (e.G. exception reports, dashboards, and models) to support monitoring, analysis, and periodic reporting of payroll costs and employee benefits.Provide technical#J-18808-Ljbffr

📌 Finance Specialist (Madrid)
🏢 Flourish Ventures
📍 Madrid