Project Finance Officer

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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/Responsibilities

The Finance Officer will provide leadership and oversight of financial management across UNDP India’s Health Systems Strengthening (HSS) projects, including HSS III, eVIN State Support, and Co-WIN. In close coordination with Country Office Finance Team, the position will ensure compliance with UNDP, donor, and government requirements while strengthening systems for planning, reporting, and risk management.  Leading the project’s finance team, the Finance Officer will oversee cash flows and fund utilization, enforce strong internal controls, and drive process improvements. By delivering timely financial analysis and advice, the role will safeguard fiduciary integrity, support effective resource allocation, and advance the long-term financial sustainability of UNDP’s health portfolio in India.

Financial Strategy and Oversight

• Lead the implementation of financial strategies for HSS in line with UNDP rules, donor agreements, and project objectives.
• Ensure compliance, strong internal controls, and the effective functioning of all financial management systems.
• Recommend and implement cost management strategies, including cost recovery and cost-effective financial arrangements.
• Implement forecasting models and financial tracking mechanisms to provide real-time visibility on cash flow, donor contributions, and utilization of funds.
• Provide continuous analysis and monitoring of the financial and programme financial situations and potential risks; and provide forecasts for allocated development and management projects, transactions, and activities.
• Routinely monitor exception reports for unusual activities, transactions, and investigate anomalies or unusual transactions.

Budgeting, Reporting, and Analysis

• Oversee preparation and timely submission of Statements of Expenditure (SoEs), Utilization Certificates (UCs), and donor reports with full accuracy and compliance.
• Manage multi-donor budgets, ensuring correct processing in systems, alignment with approved workplans, and transparent allocation of resources.
• Monitor expenditure against budgets, identify gaps, and provide high-level financial analysis to guide resource allocation and corrective action.
• Manage financial resources through planning, guiding, controlling of the resources in accordance with UNDP POPP guidelines

Process Optimization and Risk Management

• Strengthen and streamline processes for cross-charging, payments, certification, and documentation to ensure transactions are processed on time.
• Ensure the project is audit-ready through systematic documentation, proactive monitoring, and timely implementation of audit recommendations.
• Ensure financial activities, recording/reporting system and audit follow-up comply with UNDP Programme and Operations Policies and Procedures (POPP) and strategies. Provide support in closure of audit gaps and implement effective internal controls.
• Identify and address financial risks, gaps, and systemic bottlenecks by introducing improved tracking tools, dashboards, and SOPs.

Compliance

• Ensure full compliance with UNDP financial regulations, donor agreements, and government financing frameworks.
• Provide financial quality assurance across SoEs, UCs, cross-charging, and payment documentation to uphold transparency and accountability.
• Manage complex multi-donor fund flows to ensure efficient, transparent utilization of resources and timely settlement of claims.

Team Leadership and Capacity Building

• Provide direction, mentoring, and performance management for the finance team, ensuring effective workload distribution and delivery against objectives.
• Build financial capacity at regional and state levels, strengthening collaboration with programme, operations, and procurement colleagues.
• Promote best practices in financial management, contributing to knowledge sharing for both donor- and government-financed health projects.

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.
• A first-level university degree (bachelor’s degree) in the areas mentioned above, in combination with an additional two years of qualifying experience, will be given due consideration in lieu of the advanced university degree.
• Candidates with no professional accountancy qualifications, but with degrees that major in accountancy and/or finance, the candidates 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 an 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:

• Minimum of 2 years (with master’s degree) or 4 years (with bachelor’s degree) of relevant experience providing financial management advisory services, managing personnel and operational systems.

Required skills:   

• Demonstrated experience working with financial regulations, policies, and systems in international organizations, including:
• Financial resource planning (FRP) and budgeting processes, including forecasting, pipeline management, and variance analysis.
• Experienced in using enterprise resource planning (ERP) systems (Oracle PeopleSoft/Quantum/Atlas, SAP Umoja, or equivalent) for financial transaction processing, reconciliation, and reporting.
• Donor financial policies, reporting, with emphasis on compliance with cost classification standards, budget utilization, certified reporting requirements, and audit preparedness.
• Experience in financial analysis and interpretation of complex accounting and financial information, such as organization financial statements
• Experience in International Public Sector Accounting Standards (IPSAS)and/or International Financial Research Analyst (IFRS)
• Experience in use of computers and office software including web-based management systems and ERP financial modules including the accounts closure process.

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