Back Finance Intern

Duration: 6 months
Starting date: January/February 2025
Location: Songdo, Incheon City, Republic of Korea
Remuneration: US$ 1,300/month

Introduction
The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. The GCF has a portfolio of 286 projects across 133 countries, with a total commitment of USD 15.9 billion to date.

In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact.

GCF is seeking a top-tier individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges. You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment.

You will be able to quickly scan and analyze complex, competing issues and lead significant sized teams to find solutions in evolving contexts, across multiple geographic locations.

You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation.

You will be committed to learning, knowledge-sharing, convening and communicating with partners to work together to ideate, develop and implement climate action initiatives that make a profound difference to people and planet.

You will join a team of talented, committed individuals representing almost 80 nationalities contributing skills and experience from academic, scientific, private, government and nonprofit backgrounds. Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

Interested in more information?
Learn about working for GCF: https://www.greenclimate.fund/about/careers
View current vacancies: https://jobs.greenclimate.fund/

About the Green Climate Fund (GCF)
Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart. GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities.

Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channeling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people.

Internship Assignment
The Intern will provide analytical and operational support to the ​Finance Team​. S/he will have the opportunity to learn and expand her/his experiences by providing assistance in ​the financial and management reporting.​

Under the overall guidance of the designated primary and alternate supervisors within the ​Finance Team​, the Intern is expected to:

• Assist the financial planning and analysis (“management reporting”) team in the analysis and reporting of the Administration budget; preparing for the budget planning template, consolidating the input data from other Secretariat teams into the master file, and following up with the budget stakeholders to clarify their input to ensure the accuracy and completeness of the data, etc.
• Establish and maintain historical financial data for the actual administration expenses, the approved budget, and the planned budget in an Excel sheet.
• Assist the financial planning and analysis officer in the monthly credit card reconciliation process and the Daily Subsistence Allowance (DSA) process.
• Assist the financial planning and analysis officer on the three-way match of the AP process, especially following up with the individual consultant to ensure the proper documentation submission for his/her consultancy fee claim.
• Assist the financial planning and analysis officer in reconciling AP balances (e.g. Salary advance, Travel, etc.)
• Work on additional operational tasks as assigned by the Financial Planning and Analysis Manager of Finance.

  Requirements and qualifications

  • Enrolled or recently graduated in a Master’s program in ​Finance, Accounting​ or related fields;
  • Knowledge and experience with ​accounting processes and forecasting & budgeting processes such as manual journal entry preparation, balance reconciliation, and financial & management reporting preparation, etc. ​;
  • Good understanding and experience in operations of intentional organization is an added advantage;
  • Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Outlook, and Access;
  • Excellent writing and presentation skills;
  • Fluency in English is essential; knowledge of another United Nations language, in particular French and Spanish, and/or Portuguese is an advantage.
    

    The closing date for application is 12 January 2025. Applications submitted after the deadline may not be considered.

    
    *The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.
    

    Applications from women and nationals of developing countries are strongly encouraged to apply.