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Finance Analyst - Due Diligence | |||
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Country | Afghanistan | Province | Herat, |
Categories | Finance, | Type | Full Time |
Post Date | 2024-11-25 | Close Date | 2024-12-07 |
Vacancy No | VA/2024/B0051/29288 | Gender | male female |
No Of Jobs | 1 | Contract Duration | Ongoing ICA – ‘Open-ended, subject to organizational requirements, availability of funds and satisfactory performance |
Education | Advanced University Degree (Master's Degree or equivalent) in Finance, Management, Business/Public Administration, or any other relevant discipline First level University degree (Bachelor’s Degree or equivalent) in Finance, Management, Business/Public Adm | Experience | A minimum of two (2) years of progressively responsible experience in finance, accounting and/or auditing is required. |
Organization | Opportunities for you | Salary |
About Company
About UNOPS: Background Information - UNOPS UNOPS – an operational arm of the United Nations – supports the achievement of the Sustainable Development Goals (SDGs) by successfully implementing its partners’ peacebuilding, humanitarian, and development projects around the world. Our mission is to help people build better lives and countries achieve peace and sustainable development. UNOPS areas of expertise cover infrastructure, procurement, project management, financial management, and human resources. Working with us We are proud of our people. With a wealth of knowledge and skills in various disciplines – engineering, finance, human resources, ICT, leadership, project management, procurement, and more – they help tackle some of the biggest challenges of our time. Their work around the world supports progress toward the Sustainable Development Goals (SDGs). At UNOPS, we offer a range of short- and long-term opportunities in various environments and duty stations – from Denmark and Kenya to Mexico, Switzerland, Myanmar, Senegal, Uganda, and many more. Diversity With over 5,000 UNOPS personnel and approximately 7,400 personnel recruited on behalf of our partners, spread across 80 countries, our workforce represents a range of nationalities and cultures. We promote a balanced and diverse labor force — a strength that helps us better understand and address our partners’ needs. We continually strive to maintain our gender-balanced workplace. We encourage qualified underrepresented groups as per UNOPS Gender, Diversity, and Inclusion Strategy to apply for our vacancies.
Job Description
Background Information - Afghanistan
Afghanistan
With more than 20 years of experience in the country, UNOPS Afghanistan focuses on providing maximum support to the people of Afghanistan through the delivery of projects and services that improve the lives of people in need. The UNOPS Afghanistan Country Office (AFCO) serves as an organizational mechanism to deliver a range of projects for which UNOPS has been designated as the implementation agency. At present, UNOPS AFCO activities cover a range of sectors including humanitarian, basic human needs, cash for work, infrastructure, development, procurement and HR services.
The functional objective of UNOPS AFCO is to contribute to improving the lives of girls, boys, men and women living in Afghanistan. The aim of UNOPS AFCO is to provide efficient and cost-effective implementation services on behalf of all our partners to support the humanitarian response and development of the country. UNOPS AFCO’s mission is to exceed the expectations of all stakeholders in the delivery of AFCO services, at all times, in all places, in all circumstances, in order to improve the lives of Afghans in need.
Project Information
In November 2023, ADB approved the Verification of Claims and Expenditures Project (VCEP) to conduct a verification of outstanding claims from contractors, consultants, suppliers and project management offices for the works and services completed in Afghanistan under ADB-financed and administered projects prior to 15 August 2021. UNOPS is the executing agency for VCEP.
The main objective of VCEP is to verify claims from contractors, consultants and suppliers for works and services completed prior to 15 August 2021 under different types of contracts, including civil works, supply of goods and consulting services in Afghanistan. VCEP also includes a verification of advances provided to contractors, consultants and suppliers and eligible expenditures incurred by the project management offices prior to 15 August 2021 under ADB-financed and administered projects.
Background Information - Job-specific
UNOPS is seeking a Finance Analyst - Due Diligence in order to: conduct due diligence review of the contractors, suppliers, consultants and individuals who will potentially receive payments from UNOPS as per request from ADB under the Verification of Claims and Expenditures Project . This position will also provide assistance in other finance related matters of the project.
Job Requirement
Functional Responsibilities
Verification of Bank Account Details:
Collect the bank details from the claimants, supported by a certificate of account maintenance and current status (active/inactive) issued by the bank.
Match the bank details with those stipulated in the claimants’ contracts.
In case of discrepancies in the bank details as compared to the relevant contracts, collect written requests from claimants to register the new account details.
Confirm the authenticity of the account maintenance certificate and the account details/status with the bank via phone or email.
If the bank requires the claimant’s consent to release information, coordinate with the claimants to authorize their bank for sending confirmation directly to UNOPS.
Verification of Legal Status
Collect certificate of incorporation or an equivalent document from claimants verifying the legal status of the claimant’s entity, along with a list of key personnel (e.g. board of directors).
Scrutiny Against Sanction Lists
Check the claimant's and key personnel's names against sanction lists using the UNGM platform.
Seek confirmation from ADB to ensure that the claimant or its personnel are not listed on its sanction list.
Verification of Claims and Pending Payments
Assist in verifying claims from contractors/consultants/suppliers by checking supporting documents of the claimed amounts.
Maintain a list of subcontractors/sub-consultants identified during the verification process
Maintain record of payment certificates, acknowledgement certificates, employers' letters of confirmation, and advance accounts letters and ensure that these are prepared accurately, reflecting the final verification results and related decisions.
Assist in the reconciliation of unliquidated balances with the fund balances as per bank statements of the advance accounts available in the banks and identification of any withdrawals or cash movements in the advance accounts after freeze periods.
Assist in determining the eligible amounts for liquidation against the project's advance accounts after verifying supporting documents for the payments made from the project's advance accounts
Assist in verification of the pending liabilities against advance accounts including PMO salaries, individual consultants’ claims and other PMO expenses.
In collaboration with the VCEP’s safeguard team, verify the compensation payments made to the project's affected people against environmental and social safeguards.
Knowledge Management and Innovation
Support the implementation of new modules in the MIS enabling the processing and monitoring of payments to contractors/suppliers/consultants.
Ensure that supporting documents of all the payments to contractors/suppliers/consultants are maintained in an organized manner.
Contribute to knowledge management activities to ensure that project experiences and learning are documented.
Please note that the nature of this role requires flexibility in adapting to the team’s needs since the objective of aligning Contract details, local situation and habits, local law, and other factors might generate unexpected needs.
Education/Experience/Language requirements
a. Education
Advanced University Degree (Master's Degree or equivalent) in Finance, Management, Business/Public Administration, or any other relevant discipline First level University degree (Bachelor’s Degree or equivalent) in Finance, Management, Business/Public Administration, or other relevant discipline in combination with 2 additional years of relevant experience may be accepted in lieu of an advanced university degree.
b. Work Experience
A minimum of two (2) years of progressively responsible experience in finance, accounting and/or auditing is required.
Experience in the financial accounting component of claims, contract variations, liquidation of expenses, and certification of works or equivalent is an asset.
Experience in conducting due diligence is an asset.
Experience in developing and/or using management information systems/ERPs is an asset.
Experience in the UN is required,
Experience in a fragile context is an asset.
c. Languages
Fluent in English (reading, writing and speaking) is required.
Knowledge of any other UN languages is an asset.
Knowledge of local and regional languages is an asset.
Submission Guideline
Please click on the below link for actual vacancy announcement to see the complete details and submission guideline as this is only an attempt for attracting female applicants for gender parity in organization. Please make sure you fill your profile/application properly with all relevant details in order to be considered for the next stage of recruitment/selection.
https://jobs.unops.org/pages/viewvacancy/VADetails.aspx?id=29288
Submission Email
https://jobs.unops.org/pages/viewvacancy/VADetails.aspx?id=29288