Finance Analyst

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About the Organization

As the lead United Nations agency on international development, UNDP works in 170 countries and territories to eradicate poverty and reduce inequality. We help countries develop policies, leadership skills, partnerships and institutional capabilities to achieve the Sustainable Development Goals. Our work is centred around six core development areas, known as our signature solutions: poverty and inequality, governance, resilience, environment, energy and gender equality.

Job Description

The Finance Analyst - Technical Support Unit will work under the overall guidance and supervision of the National Programme Coordinator. S/He will ensure engagement of all direct stakeholders and delivery of project objectives, in coordination with the Department of Agriculture and Farmers Welfare (DoA&FW), Ministry of Agriculture and Farmers' Welfare (MoA&FW) when needed.

Job Responsibilities

Financial Reporting Support

• Assist the Senior Finance Officer in preparing and submitting financial reports to the Government of India, UNDP, and other relevant agencies.
• Ensure accuracy, completeness, and timely submission of all financial documentation as per prescribed guidelines.

Annual Work Plan Preparation

• Support in the preparation of the annual work plan for the Project management Unit (PMU).
• Regularly update the work plan based on project priorities, progress, and guidance from senior management.

Audit Report Collection and Compilation

• Collect, verify, and compile annual audit reports from States and implementing agencies.
• Submit the consolidated reports to the Financial Management Specialist for review, analysis, and further processing.

Coordination with Crop Insurance and Database Teams

• Work closely with the Crop Insurance Portfolio team and the database management team.
• Assist in maintaining and updating the premium subsidy database to ensure accuracy and alignment with project requirements.

Support in Capacity Building and Training

• Assist in planning, coordinating, and organizing capacity-building initiatives and training programmes.
• Facilitate logistical arrangements and provide necessary financial or administrative support.

Project Accounts Management

• Support the Senior Finance Officer in maintaining and managing project accounts throughout the project implementation cycle.
• Ensure adherence to financial rules, guidelines, and reporting standards.

Preparation of Financial Statements

• Assist in the preparation and finalization of the programme’s financial statements.
• Help ensure compliance with UNDP and Government financial reporting requirements.
• Coordination with Government and Partners
• Liaise with relevant government departments, State counterparts, and project partners to ensure smooth coordination of project activities and financial inputs.

Coordination with UNDP Country Office

• Work closely with the UNDP Country Office Finance Unit to ensure timely processing of project-related payments.
• Follow up on financial transactions and maintain proper documentation.

Technical Support for Training Inputs

• Provide technical inputs and backstopping support for training materials and capacity-building activities conducted under the project.

Support in Progress Reporting

• Provide timely financial inputs and updates required for progress reports submitted to UNDP and the Ministry of Agriculture.
• Ensure alignment of financial progress with technical and operational updates.

Education Qualification/Required Skills & Experience

• 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. Or a first-level university degree (bachelor’s degree) 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).
• Candidates with MBA or master's in finance with no accountancy qualification but with relevant experience must successfully undertake the UNDP Advanced Accountancy and Finance Test (AAFT) to be eligible for shortlisting.

Experience:

• Applicants with a Master’s degree (or equivalent) in a relevant field of study are not required to have professional work experience.
• Applicants with a Bachelor’s degree (or equivalent) are required to have a minimum of two (2) years of relevant professional experience in Advance knowledge of Accountancy and finance.

Desired skills

• Experience in accounting and financial management, with the ability to perform assigned tasks under guidance and supervision;
• Experience in the legal and regulatory environment in the insurance sector;
• Experience coordinating and interacting with a range of stakeholders, including insurance agencies, regulators, and state- level agencies, under supervision.

Required Languages

• Fluency in English and Hindi is required.

For more information please check the Link

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