Duties and Responsibilities

The Finance Analyst – Technical Support Unit will work under the overall guidance and supervision of the National Programme Director-TSU. S/He will ensure engagement of all direct stakeholders and delivery of project objectives, in coordination with the Joint Secretary & CEO, DoA&FW, MoA&FW when needed.

Assist Senior Finance Officer in Financial Reporting to the Government of India and the UNDP and relevant agencies as may be required.
Assist in preparing annual work plan and keep updating them for the Technical Support Unit.
Collect and collate annual audit reports submitted by States and other implementing agencies and submit it to the Financial Management Specialist for further processing.
Close working with the Crop Insurance Portfolio and data base management team on the premium subsidy database.
Support the team in organizing capacity building/training program.
Assist the Senior Finance Officer in managing the project accounts during the entire project implementation.
Support the Senior Finance Officer in preparation of the financial statements of the program account.
Liaise relevant government agencies and all project partners for effective coordination of all project inputs.
Liaise with UNDP CO finance department to ensure processing of the payments related to the project on timely basis.
Provide technical backstopping for inputs for training activities supported by the Project.
Provide timely inputs for the timely submission of all progress reports as may be required by UNDP, the Ministry of Agriculture.
Perform any other tasks consistent with the level of the post and/ or assigned by the supervisor

Competencies

Core Competencies:

Achieve Results: LEVEL 2: Scale up solutions and simplifies processes, balances speed and accuracy in doing work
Think Innovatively: LEVEL 2: Offer new ideas/open to new approaches, demonstrate systemic/integrated thinking
Learn Continuously: LEVEL 2: Go outside comfort zone, learn from others and support their learning
Adapt with Agility: LEVEL 2: Adapt processes/approaches to new situations, involve others in change process
Act with Determination: LEVEL 2: Able to persevere and deal with multiple sources of pressure simultaneously
Engage and Partner: LEVEL 2: Is facilitator/integrator, bring people together, build/maintain coalitions/partnerships
Enable Diversity and Inclusion: LEVEL 2: Facilitate conversations to bridge differences, considers in decision making

Cross-Functional & Technical competencies:

Audit & Investigation

General Financial and Managerial Accounting and Finance key concepts: Key concepts and principles of financial accounting, interpret financial analysis, managerial accounting, etc.

Partnership management

Relationship management: Ability to engage with a wide range of public and private partners, build, sustain and/or strengthen working relations, trust and mutual understanding.

Business Management

Risk Management: Ability to identify and organize action around mitigating and proactively managing risks.

Finance

Accounting (General): Knowledge of accounting concepts, principles, frameworks, standards, regulations, policies and trends, and ability to apply this to strategic and/or practical situations.
Finance business partnering: Able to support business units and add value by innovating and providing solutions to financial issues/queries, including through FAQs, financial tools, advisory, etc. Influences and appropriately challenges non-finance colleagues for whom the service is being provided. Understands the operations, opportunities and challenges of the organization. Holds a commercial outlook, demonstrating accountability towards organizational goals.
Financial risk management: Ensures financial resilience through proactive assessment of risk, implementation of controls and taking mitigating action. Understands risk and reward in relation to collaborative and commercial projects. Ensures a culture of positive risk management.
Financial communication and impact: Ability to report financial information clearly to non-finance leaders, including to various governing bodies such as the Executive Board. Willingness to make, communicate and implement difficult decisions based on accurate evidence and reflecting varied advice/viewpoints. Understands how to clearly communicate sometimes complex financial information to others using easy-to-understand media and language. Challenges effectively and gives and receives constructive feedback. Negotiates effectively to ensure optimum balance between best outcomes and best value for public funds.

Required Skills and Experience

Education:

A professional accounting qualification from an internationally accredited institute of accountancy, and/or Advanced (Master’s) University Degree in Finance and/or Accounting is required. Candidates with professional accounting qualifications from an internationally accredited institute of accountancy will have a distinct advantage.
Candidates with no professional accountancy qualifications, but with degrees that major in accountancy and/or finance must complete the Finance Training and Certification Programme (FTCP), if recruited.
Candidates satisfying the two above criteria are exempted from undertaking the UNDP Advanced Accountancy and Finance Test (AAFT).
Candidates with MBA or master’s in finance with no accountancy qualification but with relevant experience must successfully undertake the UNDP Advanced Accountancy and Finance Test (AAFT) to be eligible for shortlisting.

Experience:

Up to 2 years (with master’s degree) or 2 years (with bachelor’s degree) of relevant experience in providing financial management services, and/or managing staff and operational systems.
Experience of working with Central and/or State Governments/ international agencies/ on similar assignments will be preferred.
Additional years of relevant experience in finance and accounting.
Relevant Experience at the national level working with Governments and private entities in the insurance sector.
Prior experience of technical advisory services in the insurance sector.
Demonstrates integrity and ethical standards.
Promotes the vision, mission, and strategic goals of the organization.
Advise on accounting systems and policies to promote optimal and soundest use of financial resources, advise business units on financial management and promote awareness of financial management dimensions to business activities.

Desired skills in addition to the competencies covered in the Competencies section:

Job Knowledge/ Technical skills:

Sound knowledge and experience in the field Accounting and Financial management with capacity to function independently with minimum supervision.
Sound knowledge of the legal and regulatory environment in the insurance sector.
Demonstrates substantive and technical knowledge to meet responsibilities and requirements of the post with excellence.
Possesses the capacity for strategic planning, result – based management and reporting.

Communication Skills:

Good communication skills.
Tailors and presents information to diverse audiences using a variety of communication delivery methods (e.g., written, electronic, oral, interpersonal) Documentation.
Good interpersonal skills and ability to establish and maintain effective partnerships and working relations with people in a multi-cultural, multi-ethnic environment with sensitivity and respect for diversity.

Management skills:

Demonstrated skills connecting with a wide range of stakeholders – insurance agencies, insurance regulator, state agencies etc.
Ability to participate and contribute consultative meetings at national and state level with partners and senior stakeholders to identify priorities and manage the timely delivery of project activities.
Reliable in delivering own parts of the work as part of a team effort.
Demonstrates excellent work/project planning skills.
Is open to change and ability to manage complex, ever-changing environments.

Language Requirements:

Excellent oral and writing skills in English and Hindi

Remuneration:

Remuneration starting at INR (Annual) 14,35,932 / 1,19,661 INR (Monthly) as per the scale depending on qualifications and experience. The remuneration is excluding 8.33% pension amount paid over and above the salary.

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