Finance Assistant internal and external Job Riyadh area,Riyadh Region Saudi Arabia,Finance & Banking

Position: Finance Assistant [Open to internal and external applicants]

Job Purpose and Organizational Context

The primary role of United Nations Development Programme (UNDP) is to support country‑led efforts to achieve the Sustainable Development Goals (SDGs). The work of UNDP in 170 countries around the world is anchored in diverse and effective partnerships, which are vital to our two critical roles at country level: (a) as an integrator across policy, programmatic and organizational silos; and (b) as an operational backbone for the United Nations and other partners.

Saudi Arabia is witnessing economic prosperity and progress in all domains of socio‑economic development which produced tangible improvement in all human development indicators such as standard of living, health and education services, environmental conditions as well as potentials of comprehensive development. In April 2016, the Government of Saudi Arabia announced its Saudi Vision 2030 – an ambitious long‑term development programme.

Saudi Vision 2030 represents an ambitious blueprint with long‑term goals and expectations. It is expressed in three themes of a vibrant society; a thriving economy and an ambitious nation. A review of the three themes and their underlying issues of national concern reveal a holistic approach to development that encompasses the three dimensions of sustainable development: the social, the economic and the environment.

The partnership between UNDP and Saudi Arabia is covering vital sectors and areas which contributes to address the needs of Saudi society, including enhancement of the local capacity of different government institutions and support to policy making and reporting. A wide set of under the scope of technical assistance is provided in order to assist the KSA departments in their reform processes.

Duties

and Responsibilities

Summary of key functions:

Implementation of operational and financial management strategies
Functioning of cost‑recovery system
Accounting and administrative support
CO cash management
Knowledge building and knowledge sharing

Ensures implementation of operational strategies focusing on achievement of the following results:

Full compliance of financial processes and financial records with UN/UNDP rules, regulations, policies and strategies.
Input to the CO business processes mapping and elaboration of the content of internal Standard Operating Procedures in Finance in consultation with the direct supervisor and office management.
Preparation of cost sharing, and trust fund agreements, follow up on contributions within the CO resource mobilization efforts.

Functioning of the optimal cost‑recovery system focusing on achievement of the following results:

Provision of inputs for preparation of cost‑recovery bills in Atlas for the services provided by UNDP, follow up on cost recovery.

Provides accounting and administrative support to the Finance Unit focusing on achievement of the following results:

Proper control of the supporting documents for payments and financial reports for NIM projects; preparation of all types of vouchers for projects and on‑behalf of UNOPS and non‑Atlas Agencies; PO vouchers;
Pay Cycle and payment execution.
Proper receipting of goods and services and establishment of accruals.
Maintenance of the internal expenditures control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in Atlas; travel claims, MPOs and other entitlements are duly processed.
Timely corrective actions on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers.
Presentation of information on the status of financial resources as required.
Maintenance of the Accounts Receivables for UNDP projects and recording of deposits in Atlas.
Management of cash receipts and petty cash.
Maintenance of the proper filing system for finance records and documents.

Ensures proper CO cash management system functioning focusing on achievement of the following results:

Alternate to Finance Associate (ICS‑6) for timely review of cash position for local accounts to ensure sufficient funds on hand for disbursements. Timely identification and recording of receipts for income…