Back Treasury Senior Associate

Background Information - Job-specific

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.

The Treasury Senior Associate reports to the Finance Specialist – Treasury & Banking. The role holder will support the management of UNOPS Global Banking platform, global cash management operations, liquidity planning, and field based cash management solutions.

Functional Responsibilities

Summary of functions:

Banking & Cash Management

Liquidity & Foreign Exchange

Treasury Systems & Tools

Knowledge management and innovation

Support daily, weekly, monthly, and quarterly cash positioning and liquidity planning across UNOPS global bank accounts in all currencies.

Support the cash flow forecasting process of UNOPS corporate and field accounts, aiming to continuously improve the accuracy of the reporting by liaising with global field based business units.

Support the establishment and maintenance of UNOPS bank accounts including opening, closing of accounts, and managing signatory panels.

Support and report on the allocation of all banking fees for UNOPS accounts globally ensuring reconciliation and attribution of fees to other business units where required.

Understand business requirements of banking and cash management services in the ERP and the TMS.

Support daily funding operations in the TMS for UNOPS cash management requirements, including management of the liquidity portfolio vis-a-vis liquidity deficits or liquidity surpluses.

Continuously build the treasury relationship with global field offices and project management colleagues relating to banking and cash management solutions in the field
2. Liquidity & Investment Management

Process foreign currency funding trades to UNOPS global nostro accounts in line with UNOPS Treasury policy using best execution methods.

Own reporting on a monthly basis of the Treasury Operations Dashboard (Dashboard reporting to UNOPS CFO).

Prepare the reconciliation of cash positions.

Contribute to the year-end closure process and in the preparation of the year end financial statements for assigned areas.

Assist in the preparation of year-end audit letters to ensure bank balances and transactions are properly audited.

Manage month and quarter end treasury processes
3. Treasury Systems & Tools

Continuously strive to implement systems, solutions, tools and functionality with UNOPS Treasury systems, including the ERP, TMS and Global Custodian Platform

Support the management of banking and cash management functionality in TMS, including management of users, static data, and connectivity of bank accounts and execution platforms
4. Knowledge management and innovation

Contribute to the development and introduction of innovation to ensure UNOPS is continually incorporating best practice approaches into financial services.

Contribute to the dissemination and sharing of best practices and lessons learned for corporate development planning and knowledge building.

Plan, implement and organise capacity building of personnel, clients and stakeholders.

Support UNOPS in facilitating an efficient framework on the dissemination and sharing of best practices so that knowledge is utilised to the most extent possible.

Completion of secondary education is required.

An under-graduate or graduate university degree in finance and/or business or a related field is highly desired and may substitute for some years of experience

Appropriate professional accreditation or qualification in Treasury is highly desirable.

Membership in an internationally recognized Treasury body would be an advantage.

A minimum of 7 years of progressively responsible experience in treasury, banking and cash management with a strong focus cashflow forecast, liquidity management, and payments is required.

Exposure and experience working with Treasury technology (e.g., trading platforms, payment connections) and implementation experience are a key advantage.

Exposure to treasury in fragile contexts and developing/frontier markets is a strong asset

Full working knowledge of English.

Knowledge of another official UN language is an asset.

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.