Treasury Accountant

FINANCIAL REPORTING/OVERSIGHT 

INTERNAL, EXTERNAL AUDIT/LIAISON

CAPACITY BUILDING

Ensure appropriate accounting of treasury related transactions involving but not limited to the following

FX - Spot, Forwards, NDF, Options

Interest Rate Derivatives (OTC and Exchange Traded)

Inflation Swaps

Equity and Credit derivatives (CDS & Equity futures) 

Cash, Cash Equivalents, Fixed Income (Sovereign, Supranational,Agency MBS, Corporate Bonds, Money Market Funds)

Support ad-hoc valuation exercises of UNOPS investment portfolios, including liaising with UNOPS asset managers and global custodian

Ensure appropriate hedge accounting and review of hedging performance

Support UNOPS Treasury unit with managing of hedge efficiencies and effectiveness, both from a policy perspective linked to hedge accounting requirements where needed, but from a treasury hedging point of view including hedge coverage, slippage, cost of hedging, etc

Ensure accurate accounting of UNOPS financial portfolios (including the After Service Health Insurance - ASHI) in accordance with UNOPS business model and related accounting standards (IPSAS)

Support treasury in triannual ALM study on liability driven investment portfolios (ASHI) 

Maintain a high level of accuracy and system integrity through reviewing of accounting results between UNOPS Treasury Management System and the ERP 

Advise backoffice on accounting and reporting matters of in-house treasury transactions and liaise with treasury unit on a regular basis including setup and structure of new financial instruments both within UNOPS policies and at system level in UNOPS TMS (Kyriba)

Ensure accurate monthly recording and accounting of UNOPS investments externally managed in UNOPS book of records

Ensure in-depth understanding and recording of collateralisation postings (paid/received) for the different types of margin calls in accordance with UNOPS Financial Regulations and Rules and other applicable Organizational Directives and Operational Instruction and accounting standards (IPSAS).

Exercise periodic monitoring over transactions and account balances/ reconciliations to ensure compliance with UNOPS Financial Regulations and Rules and other applicable Organizational Directives and Operational Instruction and accounting standards (IPSAS).

Ensure that all applicable deadlines to books closures are met

Oversee and document accounting compliance of treasury related transactions in ERP to the treasury policies, Investment principles, UNOPS Financial Regulations and Rules and accounting standards (IPSAS) 

Prepare regular periodic management reports on accounting results of UNOPS portfolios and in collaboration with treasury unit bridge the accounting results with the financial performance of UNOPS portfolios

Ensure treasury related transaction are accurately recorded and promptly reported in accordance with the relevant accounting standards (IPSAS)

Prepare regular periodic management reports on analysis of foreign exchange results reported in General Ledger

 Prepare regular periodic management reports on analysis of externally managed investments

Support preparation and consolidation of monthly and quarterly financial forecasts in close collaboration with other units including UNOPS treasury unit

Support in preparation of corporate financial statements, in compliance with International Public Sector Accounting Standards (IPSAS), including all the necessary supporting schedules and notes

Provide support to the head of the unit during internal and external audit processes.

Manage treasury related external audit queries during interim and year end audit

Manage internal audit related queries in relation to verification exercises 

Establish effective, robust and open working relationships with key counterparts (including front, middle, and backoffice) and ensure expectations are managed, key issues communicated and potential blockers resolved in a timely manner

Support process documentation and continuous process improvements including development of SoPs and related PQMS

Become a subject matter expert on accounting for treasury related transactions

Develop innovative solutions to optimize financial processes and reduce manual work and increase automation around financial reporting

Responsible for providing guidance and advice to finance practitioners in the area of financial accounting, interpretation and operational guidance on the application of the accounting standards (IPSAS) and UNOPS Financial Regulations and Rules (FRR)

Participates in the development of Operational Manuals.

Monitor development and updates to accounting standards (IPSAS) related to financial instruments and ensure due knowledge sharing and operational preparation of organization for compliance purposes 

Provide expert advice and support in regular book closure and year-end closure process

Maintain a log of issues identified, analyze data and draw a holistic action plan to improve processes and establish necessary controls based on lessons learned.

Contribute to developing and maintaining a strong control environment around financial reporting and the integrity of financial transactions used for preparation of corporate financial statements.

Master’s Degree or equivalent preferably in Finance, Accounting, Financial Management or a related field is required.

A first-level university degree (Bachelor's or equivalent) in combination with additional 2 years of qualifying experience may be accepted in lieu of a Master's degree.

Fully qualified accounting qualification with a recognised accountancy body is required.

Specialized certifications such as chartered financial analyst (CFA) is considered as asset

Minimum 5 years of treasury accounting working experience within an international environment

A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) is required.

Excellent computer skills and ability to use software tools to present data clearly and concisely are required. 

Knowledge and experience in Treasury Management Systems, and ERP is considered an asset.

Ability to constructively challenge the status quo and communicate effectively with stakeholders at all levels of the organization.

Full working knowledge of English.

Knowledge of another official UN language is an asset.