Finance Associate G6

As a Finance Associate, you will coordinate and provide financial support services. You will be responsible for recording, analyzing and interpretating financial data to ensure the efficient functioning of support services and provide insights for decision-making. Finance Associates provide support in the areas of: 

• General Accounting: Assist in maintaining accurate financial records. 

• Accounts Payable: Support timely and accurate payments. 

• Quality Assurance: Ensure adherence to financial standards and controls. 

KEY ACCOUNTABILITIES:   

• Liaise with the GPS processing team, to ensure that all financial services are being performed efficiently and in line with the needs of the wider team. 

• Oversee the Case Management Platform, consolidate received payment requests and initiate relevant payment process, to ensure prompt and compliant payments to vendors and staff, in accordance with WFP finance rules and regulations.  

• Ensure all activities are performed accurately, in alignment with internal controls (e.g. policy compliance, verify correctness of payment instructions and bank balance liquidity checking) and report any discrepancies to supervisors. 

• Process payment transactions in the corporate financial management system as part of regularly scheduled activities. This entails consolidating all due payables, reconciling records against the Case Management Platform, ensuring consistency of net liability based on incoming case, and effectively addressing any related concerns or complications. 

• Perform scheduled activities for General Accounting and Accounts Payable, under the guidance of the supervisor,  

• Consolidate and prepare required documentation and submit payment transactions for approval. 

• Monitor downstream process to ensure timely payment transfer; handle bank rejections and similar exceptional cases and update records to accurately reflect their status. 

• Provide feedback to requesting offices on specialized questions. Escalate inquiries requiring more extensive analysis. 

• Bring any discrepancy or inaccuracy related to any financial transaction to the attention of the supervisor and follow up corrective actions. 

• Compile data from the WFP database and systems to assist in generating and analyzing financial reports. Monitor workload trends and provide reports to facilitate informed decision-making. 

• Perform other assigned tasks as required. 

 DESIRED EXPERIENCES AND MINIMUM ACADEMIC QUALIFICATIONS  

Education and experience: 

Minimum 2 years of relevant work experience for holders of a university degree from an accredited institution in fields such as: finance, project management, business studies, accounting, economics, mathematics, statistics, management information systems (MIS), industrial engineering, international relations, public administration, social sciences, humanities, or languages.  

Or 6 years of relevant work experience for holders of a High School Diploma. 

Knowledge and skills: 

• Strong focus on accuracy and consistency, with strong analytical, data extraction, reporting skills, and logical thinking. 

• A working knowledge of ERP systems and preferably SAP Software is desirable. 

• Ability to build relationships with a variety of individuals across teams.  

• Ability to work effectively with others in a multicultural, multi-ethnic environment with sensitivity and respect for diversity and inclusion.  

• Working knowledge of the Microsoft Suite of Products (MS Word, MS Excel, and MS PowerPoint). 

• Proven ability to deal with confidential and sensitive communication and information 

Language requirements: 

• Fluency in both oral and written communication in English language (Level C) and in the duty station’s language. 

• Knowledge of a second UN language is desirable (a second official UN language: Arabic, Chinese, French, Russian, Spanish, and/or Portuguese. 

WHAT WFP OFFERS 

An inclusive and multicultural working environment with passionate colleagues who work to ensure effective humanitarian assistance reaches millions of people across the globe.  

When you join us, you will be employed on a fixed-term contract, initially for two years with a one-year probationary period. Our offer includes: 

•  Hybrid working:  work from home up to 2 days per week. Full office presence is required for the first two months to ensure thorough training and onboarding. 

• Competitive tax-free base salary starting at 9,684,000 HUF 

• Annual Leave: 30 days 

• Parental leave  

• Child Allowance: starting from 793,476 HUF per child 

• Social Security Benefits: enrollment in the United Nations Joint Staff Pension Fund (UNJSPF) 

• Professional Development opportunities 

More details about salary and benefits at Salary Scale GS Budapest and Benefits and entitlements 

ADDITIONAL INFORMATION 

• Applicants must reside within commuting distance of the WFP Budapest office (Central Udvar, Wesselényi u. 16, 1077 Budapest), or be willing to relocate at their own cost before taking up the assignment. 

• Applicants must be nationals of Hungary or other EU/Schengen country OR in the possession of a valid permanent Hungarian residency and work permit. Temporary and/or sponsored visas are not accepted. WFP does not facilitate MFA accreditation for locally recruited staff. WFP shall not accept responsibility or liability to act as a sponsor or to otherwise facilitate the issuance, maintenance, renewal, extension, or conversion of the candidate’s residency and/or work permit for employment with WFP. Please attach a copy of your work permit to your application submission (if applicable).  

• Please note that hybrid working arrangements are subject to change based on operational needs and management discretion. 

SELECTION PROCESS 

This call for applications will remain open for continuous submissions to build a roster of prequalified candidates for future opportunities at the same level in Budapest. We review applications on an ongoing basis, so we encourage you to apply as soon as possible. 

Our selection process follows a structured approach and includes the following steps: 

• Application to vacancy announcement 

• Technical assessment 

• English language assessment 

• Competency-based interview 

• Background check 

Join us in our mission to achieve zero hunger and make a real impact in the world. Apply now!