Eligibility criteriaMinimum age: 25 years old. Nationals of the country of assignment are not eligible, except the assignments in Headquarters duty stations.

Description of taskUnder the overall guidance of Deputy Chief Electoral Advisor, direct supervision of Project Manager, IESG the Finance Specialist (IUNV) is responsible for the financial management of the ‘Joint Programme for Support to Universal Suffrage Elections in the Federal Republic of Somalia’ in line with UNDP rules and regulations. The Finance Specialist promotes a collaborative, client-focused, quality and results-oriented approach in the IESG. The Finance Specialist will further advice and support the national counterparts with the financial management aspects in line with the Letter of Agreements with UNDP. S/he will work closely with the relevant National Independent Electoral Commission ( NIEC) and other national counterparts to support the following:
1. Ensure effective and accurate financial resources management and oversight, focusing on the following:

• Financial analysis and oversight for all resources under the project;
• Proper planning, expenditure tracking of financial resources in accordance with UNDP rules and regulations; • Maintaining internal controls over all financial processes; ensuring an efficient financial flow process;
• Tracking and reporting to management of key financial performance indicators.

2. Ensure implementation of operational strategies and procedures, focusing on achievement of the following results.

• Establish or fine tune financial procedures: e.g. receipts, payments, disbursements and bookkeeping, filing procedures for the project;
• Ensure that financial procedures in place comply with the financial/accounting and procurement requirements of UNDP;
• Continuously analyze and monitor the financial situation, presentation of forecasts for the project;
• Oversee the transparency of the financial processes and the use of funds and compliance with UNDP financial guidelines;
• Ensure timely preparation of quarterly financial reports;
• Routinely monitor financial exception reports for unusual activities, transactions, and investigate anomalies or unusual transactions. Inform supervisors of the results of the investigation when satisfactory answers are not obtained..

3. Manage the Project budget and organize an optimal cost-recovery system, focusing on the following:

Manage all financial resources through planning, guiding, monitoring and controlling of the resources in accordance with UNDP rules and regulations;

• Prepare and monitor projects’ budgets in Atlas;
• Develop proper mechanisms to eliminate deficiencies in budget management;
• Ensure that payment information is properly recorded into the Atlas system on a timely basis.

4. Ensure proper Project cash management, focusing on achievement of the following results:

• Timely review of cash position for the projects to ensure sufficient funds on hand for disbursements;
• Timely preparation of monthly cash flow forecast.

5. Capacity development of national counterparts.

• Advise and assist with proper financial management and reporting in accordance to the letter of Agreement between UNDP and the counterpart;
• Advice and train staff members of the counterparts on financial management and implementation;
• Review submitted financial documents from national counterparts and provide feedback before processing payments.

Required degree level: Master degree or equivalent

Education – Additional Comments:Master’s degree (or equivalent) in Finance/Accounting, Economics, Finance, Public Administration. Professionally qualified accountants from an internationally recognized institute of accountancy will have a distinct advantage.

Required experience: 24 Months

Experience remark:

Language skills:

Area of expertise: Finance, accounting and audit, Development programme/project administration

Area of expertise details:

Driving license: No

Competencies values: