Finance and Risk Teams’ Improvement Consultant

Background:

The Green Climate Fund (GCF) a critical element of the historic Paris Agreement is the world’s largest climate fund mandated to support low-emission, climate-resilient development pathways. As an operating entity of the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC), GCF contributes to the goal of keeping an average global temperature rise well below two degrees Celsius.

The Fund seeks to engage a Finance and Risk Teams’ Improvement Consultant to join its team at the headquarters in Songdo, Republic of Korea, for the initial 240 days over a 12-month period.

Assignment:

The Finance and Risk Teams’ Improvement Consultant will support the Chief Finance and Risk Officer (CFRO) in driving the Secretariat’s operational excellence program within the context of profound organizational changes and the imperative need to apply market risk-based prices to optimize financial discipline and efficiencies. S/he will collaborate with cross-divisional teams, under the guidance of the CFRO, to successfully drive the implementation of design, process, and organizational improvement initiatives across the Finance and Risk teams.

Duties and responsibilities:

• Mapping out the roles and responsibilities of the Finance and Risk Management teams.
• Provide analysis under the CFRO’s guidance for areas of improvements (organizational design, structure, headcount etc.) across the Finance and Risk teams.
• Process analysis: assess current business structures, processes, workflows, and systems to identify bottlenecks and areas for improvement and efficiency gains.
• Change impact assessment: evaluate opportunities to transform the baseline process into best-in class within the new organizational structure.
• Data collection and analysis: gather and analyze data, performance metrics, and key performance indicators (KPIs) to quantify process inefficiencies and track improvements over time.
• Solution development: collaborate with teams, under the guidance of the CFRO, to develop and propose practical solutions, including organizational structure redesign, process redesign, automation, and/or technology enhancements.
• Change management: facilitate change management efforts by communicating proposed changes and improvements, under the guidance of the CFRO, and ensuring successful implementation once changes have been decided on.
• Continuous improvement: lead or participate in continuous improvement projects, employing best-practice methodologies to drive ongoing process enhancements.
• Training and improvement need: identify training and improvement needs to ensure that optimized processes are effectively adopted and maintained by teams.
• Provide assistance and support to the CFRO as required.

Profile

A process improvement specialist with professional accounting qualifications/experience, and exposure to the financial industry.

Requirements and Qualifications:

• Bachelor’s or Master’s degree in Business Administration, Accounting, Finance, Economics, or related field.
• Minimum 1-2 years of work experience in a relevant field.
• Familiarity with process automations and technology solutions.
• Strong analytical skills with the ability to collect, analyze, interpret, and present data.
• Experience with data analytics.
• Excellent organizational skills.
• Effective communication and ability to work across multi-disciplinary teams.
• Change management expertise with the ability to lead and influence others.
• Excellent English.

Applications from women and citizens from developing countries are strongly encouraged.
Please indicate your earliest availability to take up the assignment and notice-period required, if employed. The closing date for applications is 31 October 2024, 23:59 (KST). Applications submitted after the closing date may not be considered.