World Food Programme is hiring for Multiple Finance Assistants (Global Payments Solutions) G5, (Multiple Positions): APPLY NOW!
Finance Assistants (Global Payments Solutions) G5, Budapest, Hungary (Multiple Positions) (828853)
Are you interested in Finance, and in developing your professional experience in a Global Payments Solutions Centre? Would you like to contribute to ending global hunger? Are you passionate about helping those in need? Would you like to join a global organisation investing in its people?
If so, an exciting & fulfilling career awaits you as a Finance Assistant at WFP! Join our diverse and passionate team that works on varied and international projects directly contributing to saving & changing millions of lives around the globe.
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DEADLINE FOR APPLICATIONS
Please note this call for Finance Assistants (Global Payments Solutions) applications will remain open for continuous applications; screening and testing will be ongoing.
Successful candidates will be placed on the talent pool and may be contacted for immediate opportunities in the upcoming 12 months on an as-needed basis.
WHO WE ARE
The United Nations World Food Programme (WFP) is the world’s largest humanitarian organization, operating in more than 120 countries and territories, bringing life-saving assistance in emergencies, building pathways to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change and supporting sustainable and resilient livelihoods for a world with zero hunger.
At WFP, people are at the heart of everything we do and the vision of the future WFP workforce is one of diverse, committed, skilled, and high performing teams, selected on merit, operating in a healthy and inclusive work environment, living WFP’s values (Integrity, Collaboration, Commitment, Humanity, and Inclusion) and working with partners to save and change the lives of those WFP serves.
WHY JOIN US?
- WFP is a 2020 Nobel Peace Prize Laureate
- WFP offers a highly inclusive, diverse and multicultural working environment
- WFP invests in the personal & professional development of its employees through a range of trainings, accreditation, coaching, mentorship and other programs as well as through internal mobility opportunities
- A career path in WFP provides an exciting opportunity to work across various country, regional and global offices around the world, and with passionate colleagues who work tirelessly to ensure that effective humanitarian assistance reaches millions of people across the globe
- We offer an attractive compensation package (please refer to the Terms and Conditions section)
ORGANIZATIONAL CONTEXT
WFP is setting up a Global Business Service Centre in Budapest that will accommodate the new Global Payments Solutions (GPS) shared services facility of the Corporate Finance Division. The GPS aims to consolidate WFP’s accounts payable function in Budapest to alleviate the workload of Country Offices in conducting routine tasks and allow them to focus on core mission activities. Global Payments Solutions is expected to deliver improved efficiency, enhanced data quality & controls, as well as better service delivery.
View the Video for more about the WFP Global Payment Solutions Centre: GPS Budapest video
FINANCE ASSISTANTS JOB PURPOSE
WFP has multiple positions for Finance Assistants for the Global Payments Solutions Centre in Budapest, Hungary. Finance Assistants provide support in the areas of (1) General Accounting, (2) Accounts Payable, and (3) Quality Assurance (The area of Quality Assurance focuses on reviews of transaction processing, ensuring compliance with Standard Operating Procedures (SOPs), as well as conducting detective control analysis and verification procedures.).
Under the general supervision of the Finance Officer, the Finance Assistants are responsible to support effective delivery of finance services to facilitate transparent and efficient utilization of financial resources.
Comprehensive induction and training are offered, ensuring that valuable work experience is gained to enhance your career development. Initially, these finance assistants positions require office-based work for the induction and training phase, followed by a transition to a hybrid working model.
FINANCE ASSISTANTS KEY ACCOUNTABILITIES (not all-inclusive)
- Process a wide range of financial transactions using the Case Management Platform: conduct a thorough review of pertinent documentation to ensure its completeness, validity, and compliance with the current rules and regulations in place.
- Process financial transactions in the corporate financial management system used for transaction processing and record-keeping based on case requests or scheduled activities.
- Process various payable documents in the corporate system, ensuring accurate and timely recording of financial transactions.
- Review offset receivables and confirm the net liability: verify the calculated amounts to ensure financial accuracy.
- Verify the accuracy of cases and transactions ensuring alignment with internal controls (such as eligibility, policy compliance and duplicate checking) and promptly report any discrepancies or inaccuracies to supervisors. Take necessary steps to follow up on corrective actions.
- Provide feedback to requesting offices on the status of cases and other standard questions. Escalate inquiries requiring more extensive analysis.
- Maintain the Case Management Platform updated, and close completed cases to reflect accurate status.
- Perform other assigned tasks as required.
FINANCE ASSISTANT QUALIFICATIONS AND KEY REQUIREMENTS
Education:
- Completion of secondary education (high school diploma). A post-secondary certificate in the related functional area is desirable.
Experience:
- A completed university degree from an accredited institution in finance, project management, business studies or equivalent qualifications will be counted towards four (4) years of work experience requirement and one year of relevant professional experience. or A minimum of 5 years of relevant work experience in finance and/or in a service center
- A strong focus on accuracy and consistency, while processing large volume of transactions.
- Working knowledge of ERP systems and preferably SAP Software is desirable.
- Working knowledge of the Microsoft Suite of Products (MS Word, MS Excel, and MS PowerPoint).
- Ability to work effectively with others in a multicultural, multi-ethnic environment with sensitivity and respect for diversity and inclusion.
- Ability to deal with confidential and sensitive communication and information.
- Has experience collecting and monitoring financial data on projects and programmes, assessing financial health and status, and reporting findings to senior leaders.
Languages
- Fluency in both oral and written communication in English language (Level C) and in the duty station’s language.
- Knowledge of a second UN language is desirable (a second official UN language: Arabic, Chinese, French, Russian, Spanish, and/or Portuguese.
FINANCE ASSISTANTS FUNCTIONAL CAPABILITIES
| Capability Name | Description of the behaviour expected for the proficiency level |
| Internal Controls & Compliance | Demonstrates basic knowledge of internal controls, risk management, and monitoring mechanisms and their applicability to WFP’s critical activities. |
| Financial Mgmt. & Accounting Principles | Applies knowledge of financial and accounting principles and practices to ensure compliance with WFP policies, applicable procedures and accounting standards |
| Service Management | Demonstrates understanding of the business need and proactively addresses the field service requirements, with competence, initiative and customer-oriented approach |
TERMS AND CONDITIONS
The selected candidates will be employed on a fixed-term contract, initially for two years with a probationary period of one year.
WFP offers an attractive compensation and benefits package in line with ICSC standards (http://icsc.un.org) including a competitive Salary is exempted from paying national income taxes in Hungary on United Nations emoluments and the UN Salary Scale worldwide Salaries and Allowances (UN). Here is a salary calculator SalCalcInt (undp.org) for simulation. The salary calculator is a simulation tool and various elements such as insurance premiums may differ based on the WFP regulatory framework and rules and applicable rates.
WFP also offers:
- A hybrid working environment, with some remote working options.
- Holidays and leave, including 30 days of annual leave per year for fixed-term positions.
- Parental leave
- Dependency allowance
- United Nations sponsored medical insurance plan.
- Pension plan
- Access to professional development and learning programs, online learning and learning path
- Access to staff well-being support
- Access to career development support
Please note that this is a local recruitment. Locally-recruited employees must have the right to reside and work full-time without restrictions in the country of assignment for the entire duration of their employment with WFP, failing which WFP reserves the right to withdraw an offer of employment and/or terminate the employment relationship.
This right must be obtained independently by the candidate prior to applying to WFP, and WFP may seek proof thereof at any point during the recruitment process and/or subsequent employment with WFP. WFP shall not accept any responsibility or liability to act as a sponsor or to otherwise facilitate the issuance, maintenance, renewal, extension, or conversion of the candidate’s residency and/or work “permit” for the purpose of employment with WFP.
REMINDERS BEFORE YOU SUBMIT YOUR APPLICATION
- We strongly recommend that your profile is accurate, complete and includes your employment records, academic qualifications, language skills and UN Grade (if applicable)
- Once your profile is completed, please apply, and submit your application
- Please make sure you upload your professional CV in the English language
- Kindly note the only documents you will need to submit at this time are your CV and Cover Letter
- Additional documents such as passport, recommendation letters, academic certificates, etc. may potentially be requested at a future time
- Please contact us at wfprecruitment@wfp.org in case you face any challenges with submitting your application
- Only shortlisted candidates will be notified.
VISIT THE PAGE HERE AND APPLY
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Join our WhatsApp group and Telegram group to receive more opportunties
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Visit our social media pages on LinkedIn and Facebook
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