Delhi, India
Posted 2 years ago

Background

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.

UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.

UNDP has been working in India since 1951 in almost all areas of human development. Together with the Government of India and development partners, we have worked towards eradicating poverty, reducing inequalities, strengthening local governance, enhancing community resilience, protecting the environment, supporting policy initiatives and institutional reforms, and accelerating sustainable development for all.

With projects and programmes in every state and union territory in India, UNDP works with national and subnational government, and diverse development actors to deliver people-centric results, particularly for the most vulnerable and marginalized communities. As the integrator for collective action on the Sustainable Development Goals (SDGs) within the UN system, we are committed to supporting the Government of India’s national development vision and priorities and accelerating the achievement of the SDGs for the people and the planet.

UNDP India’s current Country Programme, 2018-2022, is in its final year of implementation. Our new Country Programme (2023-2027), which comes into effect in 2023, builds on our prior work and aims to provide an integrated approach to development solutions in three strategic portfolios:

Strong, accountable and evidence-led institutions for accelerated achievement of the SDGs
Enhanced economic opportunities and social protection to reduce inequality, with a focus on the marginalized
Climate-smart solutions, sustainable ecosystems and resilient development for reduced vulnerability
South-South cooperation, gender equality and social inclusion are promoted across the pillars. The programme is supported by a framework of renewed partnerships and blended finance solutions, strategic innovation and accelerator labs, and data and digital architecture.

You are invited to join a team of future-smart development professionals to support India in achieving the national and globally agreed goals. As part of the UNDP team, your focus will be to work with diverse stakeholders to find country-specific solutions that lead to sustainable development and reach those furthest behind first.

More than half of all livelihoods in India is primarily dependent on agriculture. A massive 54.6% of the total workforce is engaged in agricultural and allied sector activities and 57% of the rural households are directly dependent on agriculture for their livelihoods. However, the agricultural sector is facing various challenges like small landholding, declining productivity, rising input costs, declining farm income, the adverse impact of climate change, and decline in the percentage share of workers engaged in the agriculture sector. Agricultural production shocks have huge social and financial repercussions, impacting rural income levels, Gross Domestic Product (GDP) and poverty rates.

The Government of India’s flagship schemes Pradhan Mantri Fasal Bima Yojana (PMFBY) and KCC/MISS have become important tools to strengthen the resilience of Indian farmers. The schemes ensure maximum benefits for the farmers by providing financial risk protection against natural calamities and catastrophic events including pests, climate uncertainties and environmental shocks. Apart from providing comprehensive risk coverage for the entire crop cycle, PMFBY also enables direct claim transfer into farmers’ accounts through e-remittance. Additionally, to address agrarian distress, Kisan Credit Card/ Modified Interest Subvention Scheme (MISS) was introduced by the Government of India to provide cheap and hassle-free credit for millions of farmers and to ensure continued investment into agriculture to bring in mechanisation, modernise agriculture practices and eventually enhance productivity.

UNDP’s Country Programme Document (2023-2027) intended outcome 2 states that “By 2027, people will benefit from and contribute to sustainable and inclusive growth through higher productivity, competitiveness and diversification in economic activities that create decent work, livelihoods, and income particularly for youth and women”. UNDP leverages its expertise in systems strengthening to support the Ministry of Agriculture through setting up of Central Program Management Unit (CPMU) for the implementation of PMFBY and KCC, to improve institutional and programme responsiveness, increase coverage and better access among marginalised and excluded farm households, offering innovative measures and support mechanisms for Agri-value chain financing, risk management and reduced crop loss for the rural population in India. The PMU will also focus on providing Capacity Building and Training support to participating state-level government departments involved in PMFBY and KCC and advancing the scheme among new states for improved uptake.

Duties and Responsibilities

Direct Reporting To1: National Programme Director (NPSA 11)

Overall Reporting To2: Head – Inclusive Growth (NOC)

Reportees to this position (if applicable):

Finance Analyst (NPSA 8)

Finance Associate (NPSA 6)

Procurement Analyst (NPSA 8)

Procurement Associate (NPSA 6)

The Project Accounting & Financial Management 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.

Financial Reporting to Government of India and relevant agencies as may be required including information/data support for Parliament Questions/Committee, RTI, VIP references, CAG audit
Assist in preparing annual work plan and keep updating them for the PMU
Review annual audit reports submitted by States and other implementing agencies including Insurance Companies and provide observations and action points
Identify capacity building needs at the various levels and organizing training program for the same and provide necessary assistance in capacity building of various stakeholders for the implementation of scheme
Review and finalization of annual financial statements and budget estimates/ revised estimates including receipts of funds from GoI and GoI subsidy released to ICs
Prepare the financial statements of the program account duly approved by the concerned authorities within the government
Evaluate the current system of accounting and suggest course of actions to be taken to establish sound financial system and identify any financial management issues that could affect project implementation and/or the sustainable operation and suggest mitigation
Review needs for Internal Audit and if required arrange for Internal Audit through hiring of Internal Auditor from Open Market; Coordinate with Internal Auditor for effective Internal Audit and implement the suggestions/recommendations in Internal Auditors’ Report and if required in absence of Internal Auditor conduct Internal Audit
Coordinate with and provide support and assistance to CAG for effective CAG Audit and implement the suggestions/recommendations in CAG Audit Report. Review Audit reports submitted by CAA of Department and compile observations for each stakeholder (Department/State/Insurance Companies/Subsidy Routing Agency/Banks etc.) to be actioned upon
Perform any other tasks consistent with the level of the post and/ or assigned by the Reporting Officer; National Programme Director – TSU

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

UNDP People Management Competencies can be found in the dedicated site.

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 managementAbility to engage with a wide range of public and private partners, build, sustain and/or strengthen working relations, trust and mutual understanding
Partnership management : Multi- stakeholder engagement and fundingKnowledge and ability to forge multi-stakeholder partnerships, and remove any obstacles to resource mobilization and multi-stakeholder funding platforms
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 : Finance business partneringAble 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.
Finance : Financial risk managementEnsures 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”
Finance : Financial communication and impactAbility 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:

Bachelor’s Degree OR Master’ in Commerce/Economics or MBA Finance or equivalent from a reputed University.

Experience:

Minimum 4 years’ (Bachelor’ Degree) or 2 years (Master’ Degree) of relevant experience in finance and accounting
Experience of working with Central and/or State Governments/ national/ international/ public private organizations/ 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.

Required Skills:

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

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

Languages: