Finance Specialist (Payroll Finance Oversight)

Undp; Madrid; Vor Ort; EUR 60.000 - 90.000; Vollzeit

Zusammenfassung

UNDP in Madrid seeks a Finance Specialist (Payroll Oversight) to provide SME-level payroll accounting expertise and IPSAS-compliant financial reporting. You will monitor payroll expenses, assist with system configurations, and support management with analysis and risk mitigation in collaboration with service providers and internal teams.

The role requires extensive experience in financial management, strong knowledge of IPSAS/IFRS, and engagement with audit processes to reduce risk and safeguard

Qualifikationen

• At least 5 years of experience with a master's degree or 7 years with a bachelor's in financial management, accounting, or auditing.
• Experience with IPSAS/IFRS and ERP financial systems (preferably Oracle).
• Experience with AI, digital transformation, process automation, and exploring new technologies is required; audit or project costing is desirable.

Aufgaben

• Establish payroll finance oversight and implement payroll policies and procedures.
• Review and maintain accounting treatments related to payroll and strengthen the control environment.
• Research reporting requirements, perform analytical reviews, and prepare financial notes for IPSAS statements.
• Develop risk matrices, oversee SICFR control testing, and liaise with auditors.
• Monitor GL accounts, review transactions, and coordinate with service providers and stakeholders.

Kenntnisse

Core Competencies

Accounting (general)

Financial risk management

Financial & Process Innovation

Finance Business Partnering

Audit Risk Management

Portfolio management

Ausbildung

Advanced degree in Finance or Accounting

Professional accounting qualifications advantageous

Tools

Oracle ERP

Jobbeschreibung

Organizational context:

The Bureau for Management Services' Office of Financial Resources Management (BMS/OFRM) supports UNDP's implementation of the 2030 agenda by enhancing financial and administrative performance. It ensures financial integrity through policy development, oversight, and resource management. Within OFRM, the Financial Performance Management & Reporting (FPMR) unit oversees financial reporting and statement integrity. The Payroll Finance Oversight (PFO) function, within FPMR, provides financial oversight for global payroll operations, ensuring accuracy and compliance.

Job purpose:

The Finance Specialist (Payroll Finance Oversight) provides specialized technical expertise and serves as a Subject Matter Expert (SME) in payroll accounting. This role is crucial for the Payroll Finance Oversight (PFO) function, which governs UNDP's global payroll operations. The specialist will offer technical oversight, monitoring, and analysis of payroll expenses and related balance sheet accounts. Key contributions include strengthening payroll finance processes, advising on system configurations and accounting treatments to mitigate risk, and reviewing high-risk transactions. The ultimate goal is to ensure IPSAS-compliant financial recording and reporting, thereby reducing audit risk and safeguarding the organization against financial, compliance, and reputational risks associated with payroll activities. This role supports management through analysis, issue resolution, and coordination with service providers and internal stakeholders.

Responsibilities:

The Finance Specialist is responsible for establishing effective payroll finance oversight and policy implementation, including reviewing and maintaining financial policies, procedures, and accounting treatments related to payroll. This involves assessing and strengthening the payroll control environment, reviewing accounting mappings, and developing oversight tools and reports. The role contributes to IPSAS-compliant financial statements by researching reporting requirements, performing analytical reviews, and preparing financial notes. Additionally, the specialist establishes payroll controls for the Statement of Internal Control over Financial Reporting (SICFR), including developing risk matrices, leading control testing, and liaising with auditors. The position also involves performing payroll finance oversight and analytical functions, monitoring GL accounts, reviewing transactions, overseeing staff advances, troubleshooting accounting issues, and conducting complex analyses of employee benefit liabilities. Finally, the role establishes risk-informed financial policies and procedures, supports audit processes, and facilitates knowledge sharing.

Education:

An advanced university degree (master's or equivalent) in Finance or Accounting, or a professional accounting qualification, is required. A first-level university degree with additional qualifying experience is also considered. Professional accounting qualifications are advantageous. Candidates without a qualification may need to pass the UNDP Advanced Accountancy and Finance Test (AAFT) or complete the UNDP Finance Training and Certification Programme (FTCP).

Work experience:

A minimum of 5 years (with a master's degree) or 7 years (with a bachelor's degree) of experience in financial management, accounting, or auditing is required. Proven experience with IPSAS/IFRS and ERP financial systems (preferably Oracle) is essential. Demonstrated experience in AI, digital transformation, process automation, and exploring new technologies is also required. Audit experience, project costing, and experience with actuaries or the UN system are desirable.

Skills:

Core Competencies: Achieve Results, Think Innovatively, Learn Continuously, Adapt with Agility, Act with Determination, Engage and Partner, Enable Diversity and Inclusion.

• Accounting (general)
• Financial risk management
• Financial & Process Innovation
• Finance Business Partnering
• Audit Risk Management
• portfolio a the ...

Required languages:

English