Budget & Financial Analyst Consultant Vacancy-Job Ref: ECITWFP/0825/202316

Budget & Financial Analyst Consultant Vacancy-Job Ref: ECITWFP/0825/202316
Rome (Italy)
JOB DESCRIPTION
WFP celebrates and embraces diversity. It is committed to the principle of equal employment opportunity for all its employees and encourages qualified candidates to apply irrespective of race, colour, national origin, ethnic or social background, genetic information, gender, gender identity and/or expression, sexual orientation, religion or belief, HIV status, physical or mental disability.
BACKGROUND AND PURPOSE OF THE ASSIGNMENT:
The World Food Programme’s (WFP) Emergency Operations Division (EME) keeps WFP’s Regional Bureaus, Country Offices and partners prepared to respond to any humanitarian emergency across the globe. The Division supports emergency field operations by coordinating and ensuring adequate resources, capacities and alliances in place to alert, prepare and respond to current and future emergencies. With unprecedented crises escalating, efficient and timely emergency interventions are increasingly crucial.
This requires an effective, efficient, and agile management of resources through a holistic, comprehensive, and proactive approach and a sound and efficient budget and financial management, from planning to monitoring and reporting.
Under the direct supervision of the Finance Officer based in EME’s Front Office (EME/FO), the Budgeting & Financial Analyst will support the effective and efficient management of resources through a holistic, comprehensive, and proactive approach. The Budgeting & Financial Analyst ensures budget efficiency and financial management, from planning to monitoring and reporting through the definition of business models with clear and shared funding rationale, involving key stakeholders inside and outside EME (CPP and FIN).
ACCOUNTABILITIES/RESPONSIBILITIES:
Support the cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques and ensure the maximum value for money is achieved;
Track and determine financial status by analysing actual results in comparison with forecasts, to improve the efficiency of the use of resources available;
Improve the tools for the costing of the Division workplan; prepare the costing to allocate the resources to the Branches and monitor the funds consumption;
Prepare regular reports on financial status, including burn rates and addressable spend; update the dashboards on a monthly basis, to provide accurate information;
Monitor and analyze budgets for new and ongoing projects according to the established corporate procedures and requirements;
Perform the financial review of EME’s Special Account ensuring deployments of Rapid Response Team are recovered regularly and as per agreed SOP;
Propose actions to improve financial performance, and monitor the implementation;
Perform business studies on past, future, and comparative performance and develop forecast models, to assist strategic decision-making.
Contribute to the delivery of financial controls and insight into WFP performance, supporting periodic risk and internal control assessments to identify areas which may present potential audit, compliance or financial risks
Perform other duties, as required.
DELIVERABLES:
Financial status reports, including the analysis of spending trends, on monthly basis, and communicated to the Management;
Recovery of staff deployments from EME’s special account, monitoring (planned expenditures vs actual) and update of relevant dashboards
Regular communication with all the stakeholders, inside and outside of the Division(s);
QUALIFICATIONS AND EXPERIENCE REQUIRED:
Education:
University degree in one of the following fields: Finance, Accounting, Budgeting, Economics, Mathematics, Business Administration, Science, or another related field.
Experience:
At least 3 years of relevant working experience with/in: funds management, budgeting, account reconciliation, cash management, financial management / financial analysis / financial reporting.
Knowledge and Skills:
Ability to review and evaluate budgets, review and assess internal controls, financial processes and procedures and provide recommendations for improvement
Ability to review and analyze financial statements and audit reports
Extensive knowledge of Excel
High communications and inter-personal skills
Advanced knowledge of SAP
Ability to proactively networking & establishing effective working relationships
Ability to teamwork but also work autonomously
Flexibility and ability to work under pressure.
Languages:
Fluency in oral and written English with an intermediate knowledge of another official UN language (Arabic, Chinese, French, Russian and Spanish) or Portuguese (one of WFP’s working languages) is desirable.
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