Financial Planning and Reporting Consultant Green Climate Fund Experience: 3 to 5 Years Incheon, South Korea Apply By: 08-09-2024

The Financial Planning and Reporting Consultant will work closely with Finance and Accounting Specialist of GCF to provide the institutional finance services to the LnD Fund and/or free up capacity of the Finance and Accounting Specialist for his support on the LnD fund by supporting GCF Secretariat institutional finance tasks. S/he will be responsible for tasks related to budget planning, budget execution and monitoring, ad-hoc financial analysis as per the board requests/mandates, and other financial transactional services. 

Duties and responsibilities:

• Collates, consolidates and analyzes financial and operational data to implement budgetary planning controls, drive planning, forecasting, and budgeting, and designs appropriate data stories and report to support the senior management in data-driven decision-making.
• Creates new and continuously updates existing financial models to support rolling forecasts and projections, inform planning cycles and provide insights on efficient and effective deployment of resources.
• Analyzes recurring queries and deficiencies during the processing of financial transactions and engagement in financial planning/analysis and other financial matters and develops the appropriate knowledge products for enlightening stakeholders.
• Regularly evaluates financial statement elements, compares this with other internal and external data to identify and investigate unusual transactions and balances, and makes the appropriate modifications to ensure the financial statement elements represent a true and fair view of the financial performance, financial position, and cashflow position.
• Engages with the planning focal persons from other Secretariats to obtain inputs to models and scenarios that may be required on ad hoc basis, clarify the drivers behind their resourcing estimates, and support the development of narratives for managerial reports.
• Collaborates with other team members in the preparation of the managerial reports, financial statements, financial planning, and financial management system implementation.
• Develops the appropriate knowledge products for enlightening stakeholders and for the update of internal policies, frameworks, guides, and manuals in financial planning and analysis.
• Builds strong networks with other team members for seamless processing of financial transactions, preparation of the managerial reports, financial statements, financial planning, and financial management system implementation.
• Manages and coordinates the timely collection of inputs for executive-ready insights to the Senior Management and the Budget Committees of the Fund to enable them to assess the risks and opportunities of budget overruns or under expenditure.
• Manages and coordinates the timely collection and consolidation of resourcing estimates to ensure that the consolidated resourcing estimates are available on time for review by the Senior Management and the Budget Committee of the Funds.
• Anticipates and timely avails appropriate benchmarks and comparators to the Senior Management and the Budget Committee to enable them to engage on efficiency and effectiveness of the Fund’s operations.
• Manages and coordinates the timely completion and review of month end and year end closure procedures to enable an accurate presentation of the Fund’s financial performance, financial position and cashflow position.

Required experience and qualifications:

Education and Certifications:

• Master’s degree in Business Administration, Commerce, Finance, Accounting.  or a relevant Bachelors’ degree with two additional years of experience.
• Appropriate certifications in financial planning and analysis (e.g. Certified Corporate Financial Planning and Analysis professional).
• Fully qualified Accountant (CA, ACCA, CPA, CIMA) will be an advantage.
• Certification in controls (e.g. COSO internal controls), fraud examination (e.g. CFE), International Financial Reporting Standards (IFRS) will be an advantage.

Experience :

• At least seven years of experience in a planning and analysis and/or an accounting role with an International/Multilateral Organization. Budget planning and analysis experience is required.
• Proficiency in applying and analyzing the impact of International Financial Reporting Standards in International/multilateral organizations.
• Advanced knowledge of Excel, Word, PowerPoint, Outlook, and Business Intelligence tools such as Power BI and Tableau.
• Project management experience will be an added advantage.

 Source: https://jobs.greenclimate.fund/job/Incheon,-South-Korea-(ICN)-Financial-Planning-and-Reporting-Consultant/1114719701/