31 oct
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ACCA Careers
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Madrid
31 oct
ACCA Careers
Madrid
Vacancy Type National Personnel Service Agreement Practice Area Management Contract Duration1 Year Education & Work Experience Master's Degree
- 5 year(s) experience OR Bachelor's Degree
- 7 year(s) experience Required Languages Fluency in English Desired Languages Working knowledge of another UN language Vacancy Timeline 2 Weeks Vacancy Type National Personnel Service Agreement Practice Area Management Contract Duration1 Year Education & Work Experience Master's Degree
- 5 year(s) experience OR Bachelor's Degree
- 7 year(s) experience Required Languages Fluency in English Desired Languages Working knowledge of another UN language Vacancy Timeline 2 Weeks Background The Bureau for Management Services' Office of Financial Resources Management (BMS/OFRM) supports the United Nations Development Programme (UNDP) in the implementation of the ***
* 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. 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 integral 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. Duties And Responsibilities Establish 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 efficie
📌 Financial Service Specialist (Madrid)
🏢 ACCA Careers
📍 Madrid