Finance Officer

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Description

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Treasury is responsible for: The management of WHO investments (currently US$ 6.0 billion); Foreign currency risk management including foreign exchange risk hedging for the WHO budget (currently US$ 500 million per annum) and for the non US$ receivables (currently US$ 400 million monthly); Foreign currency purchases for country office fundings (currently US$600 m per annum in 45 currencies); Management of WHO liquidity and bank balances; Management of banking operations worldwide, including payment policies, e-banking systems and procedures, overall responsibility for contractual arrangements, banking costs and relationships with banks, and administration of bank accounts and signatories; HQ meeting payment administration.

DESCRIPTION OF DUTIES

• Place short term investments (currently c. $1.0 billion of bank term deposits) in accordance with the Investment Policy and agreed credit limits, including negotiating terms of such investments;
• Track investments and maturities, ensuring settlement details and interest are agreed with counterparties;
• Calculate foreign currency exposures and transact foreign currency hedging instruments for the currency risk management programme for the WHO budget (currently US$ 500 million per annum) and monthly for the non-US$ receivables (currently US$ 700 million);
• Manage short term daily global liquidity, monitor and minimize global bank account balances;
• Manage the forecast of short term cashflow and derive the cash flow information from the Enterprise Resource Planning (ERP) system;
• Transact foreign currencies to meet the liquidity needs of offices worldwide, including exotic foreign currency purchases for country office fundings (currently US$ 600m per annum in 45 currencies);
• Provide support and guidance on payment systems to the Global Service Centre and to the regional Budget and Finance Offices on improving the efficiency and cost of global payment systems and facilitate the switch to e-banking and mobile payments;
• Perform other duties as required.

REQUIRED QUALIFICATIONS

Education

Essential:

• A first level university degree in financial management or a related field.
• A professional chartered or certified accounting qualification from an internationally recognized institute with designation letters such as CPA, FCA, ACA, ACCA, FCCA, CA, CMA, CGMA, FCMA, CPFA FCPFA.
• Desirable: A formal educational qualification in Treasury, Cash Management or Banking, with designation letters such as CFA,MCT, FCT, ACI, CTP.

Experience

Essential:

• A minimum of seven years of finance management experience, of which at least three years of treasury / cash management experience in a corporate treasury function.
• ERP Treasury / Cash management experience, preferably in Workday and Coupa.
• At least three years’ experience in treasury dealing, spot FX (foreign exchange transactions) and deposit placement.
• Experience in currency foreign exchange markets and electronic FX dealing platforms such as FXall and 360T. 
• Experience in electronic banking systems, including interfaces to mainframe ERP accounting systems.
• Experience in other Microsoft Office software, including Word and PowerPoint.
• Demonstrated exposure at the international level.

Desirable:

• Experience in the use of a Treasury Management System (TMS), preferably Coupa.
• Experience in accounting in a multi-site, multi-currency ERP environment in Treasury, Accounts Payable, Accounts Receivable or General Ledger.

Skills

• Knowledge / experience of an ERP Cash Management module. Use of electronic banking systems.
• Knowledge of short-term bank deposit instruments.
• Advanced Excel proficiency, including data manipulation and pivot table analysis, etc.
• Desirable knowledge of more complex short term investment products would be an advantage.

Use of Language Skills

• Essential: Expert knowledge of English.
• Desirable: Intermediate knowledge of French

Source: https://careers.who.int/careersection/ex/jobdetail.ftl?job=2405853

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