Back Treasurer

Background Information - Job-specific

About Finance Group

The Finance Group (FG) is a critical and strategic business function in UNOPS and serves as an authoritative and integrated partner in the organization on strategic financial planning and budgeting, business strategy and practices, financial analysis and risk assessment, financial management services and long term organisational treasury and investments. As the steward of resources of a self-financing UN entity, FG is accountable for timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management of resources in accordance with the highest standards of ethics and organisational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.

About the Role

Reporting to the Deputy CFO, the Treasurer serves as a key member of the UNOPS finance group leadership team, responsible for overseeing the financial resources of the organization, ensuring the efficient and transparent management of funds, and providing strategic financial advice to senior leadership.

S/he manages and supervises financial transactions, investments, and the treasury budget process to ensure the organisation’s financial integrity as well as compliance with the organisation’s policies and international financial standards.

The Treasurer is accountable for all global treasury processes, serves as the authority on global banking operations, investment management policies, and the management of UNOPS partner and own funds, and is the lead risk manager for global foreign exchange risks.

Financial Planning and Management

Investment Management

Cashflow and Liquidity

Risk and Compliance Management

Reporting and Analysis

Team Leadership

Knowledge Management

Financial Planning & Management

Develop and implement strategies for the organization’s treasury operations, including cash management, liquidity forecasting, and financial risk management.

Provide recommendations to senior management on financial planning, resource allocation, and fiscal policies, ensuring financial stability and sustainability.

Supervise the preparation and management of the financial budget for the treasury function and ensure alignment with operational needs and strategic goals.

Investment Management

Oversee the management of the organization’s investments, ensuring optimal performance and in compliance with UNOPS investment policies, ethical standards and strategic goals.

Regularly assess the performance of investment portfolios and adjust strategies based on market conditions and risk tolerance.

Recommend, coordinate and direct efforts with external investment managers among multiple asset classes and oversee their investment management practices and performance.

Under the guidance of the CFO, lead in the sourcing of managers, custodians and other required providers to manage mandates and evaluate constantly their performance and alignment to UNOPS policies, mission and values.

Lead the Investment Advisory Committee (IAC) Secretariat supporting FG leadership, Executive/Deputy Executive Director engagement, and the implementation of IAC advice.

Develop, review, update and recommend for approval, investment policies, procedures, systems and instructions in conjunction with the other relevant business units in response to business requirements and as required to improve and promote the investment and liquidity management.

Manage and oversee the financial business processes mapping and elaboration of the content of internal standard operating procedures and use of ERP to ensure proper management of treasury by UNOPS personnel and the timely flow of financial information in UNOPS for management, monitoring and oversight purposes.

Cash Flow & Liquidity

Monitor cash flows, ensuring adequate liquidity for day-to-day operations while optimizing the use of available funds.

In coordination with the leadership of the BSCC, ensure secure, timely and accurate processing of payments, disbursements, and receipts.

Provide oversight of the banking relationships, mandates and coordinate with banks and financial institutions to manage accounts and ensure proper liquidity.

Risk & Compliance Management:

Ensure compliance with all relevant financial regulations, internal controls, and audit requirements.

Ensure that all investments are in line with the organization's risk tolerance and investment objectives

Evaluate and manage financial risks related to currency fluctuations, market changes, and credit exposure.

Ensure adherence to accounting standards (IPSAS) and UNOPS financial regulations and rules.

Reporting & Analysis:

Oversee the preparation and lead the presentation of detailed financial reports for senior management, donors, and other stakeholders.

Ensure the accuracy and integrity of financial data and provide analysis on financial trends, forecasting, and variances.

Team Leadership

Establish the annual work plan for the Treasury in collaboration with the Deputy CFO and stakeholders. Set objectives, performance measurements, standards and results expected.

Monitor implementation of the team’s annual work plan, oversee progress and ensure delivery of results as planned and according to expectation.

Promote teamwork and collaboration by providing the team with clear direction, objectives and guidance to enable them to perform their duties responsibly, effectively and efficiently.

Plan, recruit and develop a flexible workforce with the skills and competencies needed to ensure optimum performance and ensure gender and geographical diversity.

Foster a positive work environment, respectful of all, and ensure that the highest standards of conduct are observed.

Knowledge Management

Establish processes and tools for managing and enhancing the planning and execution of Treasury activities at UNOPS.

Promote continuous improvement in financial operations, systems and processes.

Drive continuous improvement in Treasury operations, systems and processes through sharing examples and development of new tools.

Lead consolidation and dissemination of lessons learnt and best practices in change management in Treasury activities.
Impact of Results: The Treasures provides for financial stability and sustainability in the liquidity and balance sheet strength of UNOPS in order for the organisation to deliver on its mandate. This further allows UNOPS to build trust with donors, partners, stakeholders and the public in view of its fiduciary mandate and financial governance. Competencies
Develops and implements sustainable business strategies, thinks long term and externally in order to positively shape the organization. Anticipates and perceives the impact and implications of future decisions and activities on other parts of the organization.(for levels IICA-2, IICA-3, LICA Specialist- 10, LICA Specialist-11, NOC, NOD, P3, P4 and above) Treats all individuals with respect; responds sensitively to differences and encourages others to do the same. Upholds organizational and ethical norms. Maintains high standards of trustworthiness. Role model for diversity and inclusion.
Acts as a positive role model contributing to the team spirit. Collaborates and supports the development of others. For people managers only: Acts as positive leadership role model, motivates, directs and inspires others to succeed, utilizing appropriate leadership styles. Demonstrates understanding of the impact of own role on all partners and always puts the end beneficiary first. Builds and maintains strong external relationships and is a competent partner for others (if relevant to the role). Efficiently establishes an appropriate course of action for self and/or others to accomplish a goal. Actions lead to total task accomplishment through concern for quality in all areas. Sees opportunities and takes the initiative to act on them. Understands that responsible use of resources maximizes our impact on our beneficiaries. Open to change and flexible in a fast paced environment. Effectively adapts own approach to suit changing circumstances or requirements. Reflects on experiences and modifies own behavior. Performance is consistent, even under pressure. Always pursues continuous improvements. Evaluates data and courses of action to reach logical, pragmatic decisions. Takes an unbiased, rational approach with calculated risks. Applies innovation and creativity to problem-solving. Expresses ideas or facts in a clear, concise and open manner. Communication indicates a consideration for the feelings and needs of others. Actively listens and proactively shares knowledge. Handles conflict effectively, by overcoming differences of opinion and finding common ground. Education/Experience/Language requirements
Education

Full working knowledge of English.

Knowledge of another official UN language or regional working language is an asset

Contract type: Staff
Contract level: P5
Contract duration: Fixed-term staff contract - One year initially, renewable subject to satisfactory performance and funding availability As per the terms of the Host Agreement between UNOPS and the Government of Denmark, UNOPS officials are privileged to an exemption from taxation on the salaries and emoluments paid to them by UNOPS granted that they reside in Denmark.

For more details about United Nations staff contracts, please follow this link:
https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/UN-Staff-Contracts.aspx
Additional Information

Please note that UNOPS does not accept unsolicited resumes.

Applications received after the closing date will not be considered.

Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.

UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures, languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce.

Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.

We would like to ensure all candidates perform at their best during the assessment process. If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.

Terms and Conditions

For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post.

For retainer contracts, you must complete a few mandatory courses ( they take around 4 hours to complete) in your own time, before providing services to UNOPS. Refreshers or new mandatory courses may be required during your contract. Please note that you will not receive any compensation for taking courses and refreshers. For more information on a retainer contract here.

All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.

It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.