Administrative and Finance Analyst job at UNDP
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Vacancy title:
Administrative and Finance Analyst

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

UNDP

Deadline of this Job:
Friday, October 11 2024 

Duty Station:
Within Zambia , Lusaka, South - Central Africa

Summary
Date Posted: Friday, September 27 2024, Base Salary: Not Disclosed

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JOB DETAILS:
Job Description
Background
Diversity, Equity and Inclusion are core principles at UNDP: we value diversity as an expression of the multiplicity of nations and cultures where we operate, we foster inclusion as a way of ensuring all personnel are empowered to contribute to our mission, and we ensure equity and fairness in all our actions. Taking a ‘leave no one behind’ approach to our diversity efforts means increasing representation of underserved populations. People who identify as belonging to marginalized or excluded populations are strongly encouraged to apply. Learn more about working at UNDP including our values and inspiring stories.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
The Democracy Strengthening in Zambia (DSZ) was originally envisaged as a three-year (2022 – 2023) multi-donor project based on the recommendations of the Needs Assessment Mission (NAM) conducted by the United Nations in 2018. The project is aligned and is supportive of Zambia’s Sustainable Development Partnership Framework: 2023-2027 (UNSDPF), UNDP Strategic Plan (2022 – 2025) and the Country Programme Document (CPD). Whereas the project was originally designed under the 7th National Development Plan 2017 – 2021, it has since been aligned with the 8th National Development Plan (2022 – 2026). Strategic Development Area 4: Good Governance Environment, identifies “respect for human rights and freedoms, entrenching transparency and accountability, participation, strengthening the democratic process” as the “precursor for transforming the economy, sustaining economic growth and promoting human dignity, thereby safeguarding lives and livelihoods”.
The outcomes, outputs and activities are in response to and the result of detailed discussions with the Electoral Commission of Zambia (ECZ), cooperating partners and other national stakeholders.
The DSZ consists of two interlinked result areas:
1. Electoral institutions and processes strengthened and,
2. Programming for Peace in support the Zambian electoral cycle.
These two result areas are strongly interlinked with following six key results:
1. Inclusive and participatory decision-making;
2. Strengthened responsive and accountable institutions;
3. Transparent institutions with improved access to information;
4. Improved technical and organizational capacities of national electoral stakeholders;
5. Credible and legitimate institutions work with integrity, and
6. Enhanced conflict prevention and mitigation mechanisms.
In the light of the recommendations of evaluations of past electoral assistance programmes implemented by UNDP in Zambia, emphasis is placed on an effective programme management with a particular focus on the impact of the project on beneficiaries and on the electoral process in its entirety. DSZ will also aim to provide sustainable institutional development support and complement existing knowledge and know-how throughout the electoral cycle. As a result, a Project Management Unit (PMU) will be established to oversee all project-related endeavors according to best practices and advise institutional partners on electoral matters. The PMU requires the services of a Admin and Finance Analyst as part of the Team.
Duties and Responsibilities
Ensures implementation of operational and financial management strategies and procedures focusing on achievement of the following results:
• Full compliance of financial processes and financial records with UN/UNDP rules, regulations, policies and strategies;
• Financial analysis and oversight for all resources managed by the project and provision of high-quality professional advice to the PMU;
• Budgetary control which includes preparation of budgets, tracking actual expenditures, and taking corrective action where there are variances;
• Supporting audit of financial resources in accordance with UNDP rules and regulations;
• Organization and oversight of project cash management processes, including liquidity management, recommendation of imprest level, risk assessment, timely accounting and reconciliation of all project transactions, security for cash assets on site;
• Monitoring of financial exception reports for unusual activities, transactions and investigation of anomalies or unusual transactions;
• Provision of information to the Senior Advisor, Peaceful Elections and Democratic Strengthening and other UNDP staff at the CO on the results of the investigation being undertaken.

Provides effective and accurate financial resources management, oversight 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; preparation of all types of vouchers for the project as per approved Annual Work Plan (AWP);
• Maintenance of the internal expenditures control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded; travel claims, and other entitlements are duly processed within the lead time;
• Timely corrective actions on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers;
• Elaboration of the internal expenditures’ control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in Quantum payrolls are duly prepared; monthly payment orders (MPOs), travel claims and other entitlements are duly processed;
• Control of accounts closure;
• Timely corrective actions on unposted vouchers, including the vouchers with budget check errors, match exceptions, unapproved vouchers;
• Timely response to the requests from HQ, Regional Service Center and the Country Office Team (COT) from the Regional Bureau to resolve financial data issues/exceptions;
• Responsible to control and monitor the financial closure of the project;
• Monitor pledges and contributions of donors to perform budget revisions;
• Report to the donors on the status of expenses related to their contributions;
• Take into account remarks from the donors and make necessary adjustments;
• Prepare on a regular basis a regular report on the financial status of the project;
• Present and explain to donors the financial situation of the project;
• Take into account remarks from the project board and make necessary adjustment in the project budget and financial reporting.

Manage the project budget focusing on achievement of the following results:
• Management of all financial resources through planning, guiding, monitoring and controlling of the resources in accordance with UNDP rules and regulations;
• Preparation and monitoring of projects’ budgets in Quantum;
• Regular analysis and reporting on the budget approvals and the delivery situation of management projects;
• Elaboration of proper mechanisms to eliminate deficiencies in budget management;
• Collection of information on internal and external clients’ satisfaction and needs in order to develop improvements to services;
• Ensuring that advance payments and direct payments are properly reviewed and made on a timely basis, as well as ensuring that payment information is properly recorded into the Quantum system on a timely basis;
• Ensuring that financing contributions are properly transferred to the project on a timely basis;
• Submission of financial reports to donors on a timely and quality basis;
• Management of all financial resources through planning, monitoring and controlling of the resources in accordance with UNDP rules and regulations;
• Preparation and monitoring of the project budget in Quantum including routine budget revisions to ensure alignment with the annual work plans;
• Routine analysis of the project delivery to the Senior Advisor and the Country Office for decision making purposes.
Support efficient project cash management system focusing on achievement of the following results:
• Management of cash receipts and petty cash from donor contributions;
• Control of the Accounts Receivables for the DSZ projects and follow up with partners on contributions, maintenance of the General Ledger and ensuring the timely budgeting of UNDP contribution to the project;
• Monitor financing contributions and support proper transfer to UNDP on a timely basis, and;
• Maintenance of cash book for the project, and;
• Timely preparation of cash flow forecast for use by the Finance Unit.
Ensures proper control of the project Assets focusing on achievement of the following results:
• Maintenance and repair of office equipment;
• Implementation of Inventory and physical verification check-up in the projects;
• Oversee the archiving system of the project and manage the documentation;
• Maintenance of the asset register for project assets and all financial records.
The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization
Institutional Arrangement
Under the direct supervision of the Senior Advisor, Peaceful Elections and Democratic Strengthening, the Administrative and Finance Analyst provides financial and administrative services ensuring high quality, accuracy and consistency of work for the project.

Competencies
Core Competencies
• Achieve Results: LEVEL 2: Scale up solutions and simplifies processes, balances speed and accuracy in doing work.
• Think Innovatively: LEVEL 2: Offer new ideas/open to new approaches, demonstrate systemic/integrated thinking.
• Learn Continuously: LEVEL 2: Go outside comfort zone, learn from others and support their learning.
• Adapt with Agility: LEVEL 2: Adapt processes/approaches to new situations, involve others in change process.
• Act with Determination: LEVEL 2: Able to persevere and deal with multiple sources of pressure simultaneously.
• Engage and Partner: LEVEL 2: Is facilitator/integrator, bring people together, build and/or /maintain coalitions/partnership.
• Enable Diversity and Inclusion: LEVEL 2: Facilitate conversations to bridge differences, considers in decision making.

Functional/Technical competencies
Finance: Management and cost accounting
• Ability to produce periodic qualitative and quantitative performance reports to facilitate effective decision-making and performance monitoring.
• Ability to use a range of costing techniques and analyze cost-related data to provide quantitative information to the users of reports.
Finance
• Financial planning and budgeting: Ability to create and manage processes to achieve UNDP’s long and short-term financial goals, including through planning, budgeting, forecasting, analyzing, and reporting.
Procurement
• Contract management: Knowledge of contract management concepts, principles, and methods, and ability to apply this to strategic and/or practical situations.
Procurement
• Financial analysis: Knowledge of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability.
Procurement
• Sourcing: Ability to find, evaluate, and engage suppliers of goods and services.
Business Direction and strategy
• System Thinking: Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system.
Administration & Operations
• Events management (including retreats, trainings and meetings): Ability to manage events, including venue identification, accommodation, logistics, catering, transportation, and cash disbursements, etc.

Required Skills and Experience
Education:
• A professional accounting qualification from an internationally accredited institute of accountancy, and/or Advanced (Master’s) University Degree in Finance and/or Accounting is required;
• A first-level university degree (bachelor’s degree) in the areas mentioned above, in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree;
• Candidates with professional accounting qualifications from an internationally accredited institute of accountancy will have a distinct advantage;
• Candidates with no professional accountancy qualifications, but with degrees that major in accountancy and/or finance must complete the Finance Training and Certification Programme (FTCP), if recruited;
• Candidates satisfying the two above criteria are exempted from undertaking the UNDP Advanced Accountancy and Finance Test (AAFT).

Experience:
• Minimum 2 years (with master’s degree) or 4 years (with bachelor’s degree) of relevant experience in providing financial management services, and/or managing staff and operational systems is required.

Desired skills:
• Experience working on democratic governance initiatives including elections is an advantage;
• Experience in liaising with local counterparts, including line ministry officials, is a strong asset;
• Experience and knowledge of UN/UNDP Processes and Procedures is desirable;
• Proven records of good communication, culturally and politically sensitive in the work with counterparts and be able to work at all levels is an asset.
Language:
• Fluency in English is required.

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:
Bachelor Degree

Job application procedure
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Job Info
Job Category: Accounting/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: Friday, October 11 2024
Duty Station: Lusaka
Posted: 27-09-2024
No of Jobs: 1
Start Publishing: 27-09-2024
Stop Publishing (Put date of 2030): 27-09-2066
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